Unit ID: U1387840
8% Rental Yield
Rawai, Phuket Town,Phuket
฿5,300,000
1 Bedroom
1
Bathroom
46 SqM
Size
4
Floor
Nov 2016
Completed

About This Condo

This property is a 46 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Rawai, Phuket and was completed in Nov 2016. You can buy this condo for a base price of ฿5,300,000 (฿115,217/SqM).

Across The Road From The Beach

This prime location is adjacement to shops, resaturants and bars.  Meticulously maintained garden setting featuring 3 outdoor pools, gymnasium and sauna. Condo is on the 4th floor, (high ceilings) with lift access and balcony overlooking the beach and pool area.

Features

Corner UnitCorner Unit BalconyBalcony MicrowaveMicrowave TVTV

Basic Information

Date Listed Mar 27, 2023
Updated 9 months ago
Property Type Condo
Floor 4
Bedroom 1
Size 46 SqM
Price per SqM ฿115,217
Pets Not Allowed
Condo Ownership

Foreign nationals can own condominium units as freehold owners in buildings where no more than 49% of the unit floor space is owned by foreigners. Units that are part of the Thai quota or are being leased for 30 years can be converted to the foreign freehold quota if it is currently below 49%.

Leasehold
Furniture
A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
Fully Furnished
View(s) Garden View, Unblocked Open View
Unit Type N/A
Building Building A
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿2,070/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1387840

Investment Opportunity: Charges & Yield

Sale Price
฿5,300,000
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿2,070/mo
Price-to-Rent Ratio
The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
13
Rental Yield
This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 1 bedroom condos at The Title Rawai Phase 3 West Wing, and the current sales price.
8%

Project Details

Construction: Completed (Nov 2016)
Floors: 4
Buildings: 7
Units: 240
Project Area: 11,660 SqM
Nearest Landmark Rawai Beach - 0.1 Km
Location: Rawai, Phuket
The Title Rawai Phase 3 West Wing Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Direct Beach Access Direct Beach Access
Sauna Sauna
Outdoor Kids Zone Outdoor Kids Zone
BBQ Area BBQ Area
Communal Garden Area Communal Garden Area

Popular Facilities at The Title Rawai Phase 3 West Wing

  • Communal Pool
    Ground Floor
  • Communal Pool
    Ground Floor
  • Communal Pool
    Ground Floor
  • Communal Garden Area
    Ground Floor
  • Communal Gym
    Ground Floor
  • Sauna
    Ground Floor

Available Units at The Title Rawai Phase 3 West Wing

For Sale 10 For Rent 12
Get notified when new homes are being added to The Title Rawai Phase 3 West Wing
View All (10)

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Frequently Asked Questions

No pets are allowed at The Title Rawai Phase 3 West Wing unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
The common area maintenance fee is ฿45 per square meter based on the size of indoor area of the property and is ฿2,070 for this condo. This fee has to be paid by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At The Title Rawai Phase 3 West Wing the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
Rawai Beach is the nearest Beach from The Title Rawai Phase 3 West Wing and it is 0.1 km away.

Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.

In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name.  The ownership titles of these 49 units is referred to as Freehold or Foreign Quota. 

This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.

 

Read more here

After you have found the right property at The Title Rawai Phase 3 West Wing you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


Read more here

Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.

Read more here

Reviews

4.2 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Great and peaceful just opposite Rawai beach
Verified Visitor, 4 years ago
Nice modern studio well equipped in a beautiful and quiet residence. Beautiful and large 2 swimming pools, a fitness, and sauna. Great location, just opposite Rawai beach. Very convenient for people who don’t want to drive in Phuket. Out of the residence, on the promenade, plenty of delicious Thai seafood and Western restaurants, massage shops (Kim Massage) and groceries. A gypsy village where you can buy fresh seafood and the restaurants will cook them for you!!! Note that you can’t swim Rawai beach, you need to go to Naiharn beach with the shuttle bus from the residence.
I love here, would definitely come back again!!
Cassaundra Mcgillivray, Canada, 5 years ago
The atmosphere of the condo is absolutely for relaxation. There are huge green spaces in the project inspired by the green of the trees and the swimming pool's blue. It makes me feel like a real resort. The room is a 1-bedroom at 47 sq.m. The living space is perfect. There is a kitchen corner, dining table, living room, and bedroom. The room floor is made of real teak wood, and the materials meet the standard. There are 3-swimming pools here, which the kids will definitely like. Plus! The surroundings are shady, quiet, and very chill. The security staff also has good service. The project is located opposite Rawai beach, just walking across the road. Next to the project, there are also many convenience stores and seafood restaurants, and within 15 minutes drive, you can get to Kata and Karon beach, which are really amazing!
Phuket
Rawai

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Title Rawai Phase 3 West Wing

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Location
Rawai, Phuket Town, Phuket
Number of units
171
Sales Prices
฿3.79M - ฿16.7M
Monthly Rentals
N/A
Year Built
Sep 2026
Completion Status
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Location
Rawai, Phuket Town, Phuket
Number of units
280
Sales Prices
฿3.2M - ฿9.31M
▲ 9.3% overpriced
Monthly Rentals
฿22K - ฿70.1K
Year Built
Jan 2018
Completion Status
Completed
Project Name
The Title V
Location
Rawai, Phuket Town, Phuket
Number of units
228
Sales Prices
฿4.22M - ฿11M
▼ -11.5% underpriced
Monthly Rentals
฿30K - ฿45.1K
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Completion Status
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Location
Rawai, Phuket Town, Phuket
Number of units
48
Sales Prices
฿3.63M - ฿11.9M
▼ -7% underpriced
Monthly Rentals
N/A
Year Built
May 2020
Completion Status
Completed
Project Name
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Location
Rawai, Phuket Town, Phuket
Number of units
18
Sales Prices
฿38.1M
▲ 2% overpriced
Monthly Rentals
฿85.1K
Year Built
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Completion Status
Completed
Location
Rawai, Phuket Town, Phuket
Number of units
516
Sales Prices
฿3.93M - ฿13.9M
▲ 1.3% overpriced
Monthly Rentals
฿55.1K
Year Built
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Completion Status
Completed
Location
Rawai, Phuket Town, Phuket
Number of units
69
Sales Prices
฿3.81M - ฿10M
▼ -22% underpriced
Monthly Rentals
฿28K - ฿65.1K
Year Built
Dec 2014
Completion Status
Completed
Location
Rawai, Phuket Town, Phuket
Number of units
86
Sales Prices
฿6.36M - ฿19.9M
▼ -4% underpriced
Monthly Rentals
฿70.1K - ฿85.1K
Year Built
Jun 2020
Completion Status
Completed
Location
Rawai, Phuket Town, Phuket
Number of units
40
Sales Prices
฿16.3M - ฿36.8M
▼ -3.9% underpriced
Monthly Rentals
฿110K - ฿601K
Year Built
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Completion Status
Completed
Project Name
Enigma Residence
Location
Rawai, Phuket Town, Phuket
Number of units
164
Sales Prices
฿3.68M - ฿15M
Monthly Rentals
N/A
Year Built
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Completion Status
Off Plan
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