Studio Condo for sale at Wyndham Grand Naiharn Beach Phuket

(1 Review)
Rawai, Phuket Town,Phuket
Unit ID: U76247
12% GUAR. RETURN FOR 4 YEARS
Studio Bedroom
1 Bathroom
42.50 SqM Size
4 Floor
Jan 2022 Completed

About This Condo

This property is a 42.50 SqM studio condo with 1 bathroom that is available for sale. It is part of the Wyndham Grand Naiharn Beach Phuket project in Rawai, Phuket and was completed in Jan 2022. You can buy this condo for a base price of ฿7,276,000 (฿171,200/SqM).

Features

BalconyBalcony

Basic Information

Date Listed Jun 11, 2018
Updated 3 years ago
Property Type Condo
Floor 4
Bedroom Studio
Size 42.50 SqM
Price per SqM ฿171,200
Pets Not Allowed
Condo Ownership

Foreign nationals can be freehold owners of condominium units, in buildings where not 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 that is currently below 49%.

Foreign Quota, Thai Quota, Company
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) Lake View, Mountain View, Pool View
Unit Type Type A
Building N/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.
฿2,975/mo
Listed By
Developer
Electricity Price Government Rate
Water Price Government Rate
Unit ID U76247

Price Analysis

Fair Price
Estimated market value ฿7,024,564
Great
฿5,550,000
Good
Fair
Above
฿7,520,000
Current asking Price: ฿7,276,000
This condo is ฿251,436 ABOVE MARKET (4%) in the Phuket area. It is analyzed against similar condos and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
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Investment Opportunity: Charges & Yield

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.
฿2,975/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.
9
Guaranteed Rental Return
12%
Guarantee Duration
4 Years

Project Details

Developer: Cissa Group
Construction: Completed (Jan 2022)
Floors: 4
Buildings: 14
Units: 353
Project Area: 17,920 SqM
Nearest Landmark Nai Harn Beach - 1 Km
Location: Rawai, Phuket
Wyndham Grand Naiharn Beach Phuket Project Details

Project Features

Hotel Managed Hotel Managed
On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
Bar Bar
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Spa Spa
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Kids Pool Kids Pool
Lounge Lounge
Communal Garden Area Communal Garden Area
Attached Market / Shops Attached Market / Shops
Back Up Generators Back Up Generators
Kids Club Kids Club

Popular Facilities at Wyndham Grand Naiharn Beach Phuket

  • Reception / Lobby Area
    1st Floor
  • Communal Pool
    1st Floor
  • On Site Restaurant
    1st Floor
  • Kids Club
    1st Floor
  • Spa
    1st Floor
  • Communal Gym
    1st Floor
Close
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Payment Plan

Special onle price
Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
Upon contract signing
100%

Frequently Asked Questions

No pets are allowed at Wyndham Grand Naiharn Beach 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 is ฿70 per square meter based on the size of indoor area of the property and is ฿2,975 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 Wyndham Grand Naiharn Beach Phuket the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
Wyndham Grand Naiharn Beach Phuket offers a guaranteed rental return of 12% (based on the purchase price of the property) for a duration of 4 Years.
Read more here.
Nai Harn Beach is the nearest Beach from Wyndham Grand Naiharn Beach Phuket and it is 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 Wyndham Grand Naiharn Beach Phuket you have to follow these steps:

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

 


Special onle price
Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
Upon contract signing
100%

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

Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Reviews

4.8 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
It would be a good choice if you are looking for a condo for investment
Yin Cia, China, 4 years ago
If you are looking for a condo for investment and relaxation, I think it would be a good choice. I have the opportunity to attend a seminar in Bangkok and look through the investment for a while. I think it's worth it because a complete range of facilities and the room interior come with top quality furniture. The on-site include a large and very luxurious swimming pool, a gym, a sauna, and a restaurant. However, the downside will be the location, as it is far from the city, and there are no convenience stores in the neighborhood.
Phuket
Rawai

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