3 Bedroom Penthouse for sale at The Residence Phuket

 (Write Review)
Rawai, Phuket Town,Phuket
Unit ID: U1922277
3 Bedrooms
4 Bathrooms
2,153 Sqft Size
2 Floor
Aug 2024 Completed

About This Penthouse

This property is a 2,153 Sqft penthouse with 3 bedrooms and 4 bathrooms that is available for sale. It is part of the project in Rawai, Phuket and was completed in Aug 2024. You can buy this penthouse for a base price of ₿6.488 (₿0.003/Sqft).

Features

Rooftop TerraceRooftop Terrace Covered ParkingCovered Parking

Basic Information

Date Listed Aug 31, 2024
Updated 2 months ago
Property Type Penthouse
Floor 2
Bedrooms 3
Size 2,153 Sqft
Price per Sqft ₿0.003
Pets Not Allowed
Penthouse 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%.

Foreign Quota, Thai Quota, Leasehold, Company
Furniture
Specific items of furniture can be requested in the sale, or buyers can offer to purchase some or all of it. When negotiating a deal, either party can suggest that such items be included in the sale price.
Negotiable
View(s) Mountain View, Partial Sea View
Unit Type N/A
Building The Residence Phuket
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.
₿0.009/mo
Listed By
Private Owner
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1922277

Investment Opportunity: Charges & Yield

Sale Price
₿6.488
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.
₿0.009/mo

Project Details

Project Name: The Residence Phuket
Developer: The Residence
Construction: Completed (Aug 2024)
Floors: 6
Buildings: 1
Units: 5
Project Area: N/A
Nearest Landmark Rawai Beach - 2.2 Km
Location: Rawai, Phuket
The Residence Phuket Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Steam Room Steam Room
Sauna Sauna
Cycling Track Cycling Track

Available Units at The Residence Phuket

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Frequently Asked Questions

No pets are allowed at The Residence Phuket 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 for properties at The Residence Phuket is a fixed amount of ₿0.009. This amount 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 Residence Phuket the required payment for the sinking fund is a fixed amount of ₿0.103.
Rawai Beach is the nearest Beach from The Residence Phuket and it is 2.2 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 Residence Phuket you have to follow these steps:

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

 


Installment Milestone Payment
Reservation Deposit
Immediately
10%
2nd Installment
Upon contract signing
40%
2nd Installment
On handover
50%

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

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Phuket
Rawai

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Residence Phuket

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
2
Sales Prices
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Monthly Rentals
N/A
Year Built
Dec 2012
Completion Status
Completed
Location
Rawai, Phuket Town, Phuket
Number of units
8
Sales Prices
₿3.195
▼ -7% underpriced
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Year Built
Feb 2021
Completion Status
Completed
Location
Rawai, Phuket Town, Phuket
Number of units
10
Sales Prices
₿4.112 - ₿6.701
Monthly Rentals
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Year Built
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Project Name
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Location
Rawai, Phuket Town, Phuket
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Rawai, Phuket Town, Phuket
Number of units
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Sales Prices
₿6.701
▲ 3% overpriced
Monthly Rentals
N/A
Year Built
Oct 2021
Completion Status
Completed
Project Name
Sunrise
Location
Rawai, Phuket Town, Phuket
Number of units
6
Sales Prices
₿2.284
▼ -40.5% underpriced
Monthly Rentals
₿0.020 - ₿0.023
Year Built
Dec 2015
Completion Status
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Project Name
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Location
Rawai, Phuket Town, Phuket
Number of units
7
Sales Prices
₿8.772
Monthly Rentals
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Year Built
Jan 2019
Completion Status
Completed
Project Name
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Location
Rawai, Phuket Town, Phuket
Number of units
96
Sales Prices
₿0.914 - ₿4.569
Monthly Rentals
₿0.007
Year Built
Jul 2008
Completion Status
Completed
Location
Rawai, Phuket Town, Phuket
Number of units
71
Sales Prices
₿0.807 - ₿2.132
▲ 1% overpriced
Monthly Rentals
N/A
Year Built
Jun 2014
Completion Status
Completed
Project Name
Crystal Villas
Location
Rawai, Phuket Town, Phuket
Number of units
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Sales Prices
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▲ 30% overpriced
Monthly Rentals
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Year Built
Dec 2016
Completion Status
Completed
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