Pearl Condominium

(1 Review)
Rawai, Phuket Town, Phuket
7% GUARANTEED RETURN FOR 3 YEARS
Dec 2019 Completed
8 Floors
79 Units

Overview of Pearl Condominium in Rawai, Phuket

Pearl Condominium is a condo and apartment project located in Rawai, Phuket and was completed in Dec 2019. It has 79 units across 8 floors

About Pearl Condominium

Pearl Condominium, a contemporary condominium located in the southern part of Phuket. Only 5 minutes from Rawai Beach and very accessible to Nai Harn Beach, Chalong Pier, Wat Chalong, and Chalong Hospital, etc. With attention paid to details, every square inch of the room is functional and serves various lifestyles. The room delivered fully furnished features a bedroom, a bathroom, and a balcony overlooking the fabulous Andaman Sea view. Besides, the project comes with a full range of facilities such as a swimming pool, a spa, a gym, and a security system for 24 hours. Enjoy living in your private space at Pearl Condominium.

Project Information
Pearl Condominium is located in Kamala, Kathu, Phuket. The project is an 8-story low-rise condominium, consisting of 79 residential units, completed in 2019.

Room Types
1 bedroom, 1 bathroom (35 sq.m)
3 bedrooms, 2 bathrooms (255 sq.m)

Project Facilities
Hotel Management
Reception
Spa
Communal pool
Communal gym
Parking space
24-hour security system
CCTV

Direction to the Project
To get to the project by car, start from Rawai Beach and head southwest on Route 4030 for 400 meters. Then, turn right at Rawai Subdistrict Municipality Intersection for 1.2 kilometers. Turn left into Soi Suan Wat for 280 meters and turn right. Continue straight; you will find on the left.

Available Units at Pearl Condominium

Get notified when new homes are being added to Pearl Condominium
View All (1)
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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Facilities and Floor Plans

Facilities

Leisure
Communal Pool
Spa
Fitness
Communal Gym
Convenience
Hotel Managed
Car Parking
Reception / Lobby Area
Safety
24H Security

Management

Common Area Management 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.
£1/SqM
Sinking Fund :
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 Pearl Condominium the required payment for the sinking fund is £14 per square meter based on the size of the indoor area of the property.
£14/SqM
Freehold Premium :
Developments that are popular with overseas buyers usually sell their foreign freehold quota units first. This higher demand is being reflected in the unit prices via the freehold premium.
£8,750

Frequently Asked Questions

Frequently asked questions about Pearl Condominium
The common area maintenance fee at Pearl Condominium is £1 per square meter based on the size of the indoor area of the property. This fee has to be paid every month 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 Pearl Condominium the required payment for the sinking fund is £14 per square meter based on the size of the indoor area of the property.
Pearl Condominium offers a guaranteed rental return of 7% (based on the purchase price of the property) for a duration of 3 Years.
Read more here.
Rawai Beach is the nearest Beach from Pearl Condominium and it is 1.1 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 Pearl Condominium 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

4.7 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Stunning condominium near the famous Andaman
Arina Petrova, Russia, 5 years ago
A modern condominium! I rent a condo here - 1 bed and 1 bath. It's about 10,000 baht which is worthwhile for what I get. The bedroom can fit a king-size bed which is soft and comfy, and some space left for moving around. Nice kitchen with complete equipment. From my room, I can see the mountain view and enjoy the shady atmosphere. My room also has a pool view. This condo has a clean infinity-edge pool. Also, there are a gym, a spa and free parking space. Near Phromthep Cape and other attractions in 10 minutes.
Phuket
Rawai
Neighborhood Overview of Rawai, Phuket

Neighborhood Overview

Location and Neighborhood

Street View


Surrounding area

Pearl Condominium is conveniently located just 780 m from 7 eleven, which can be reached within 10 mins. by foot.

There are many other shops situated in the area of Pearl Condominium, the 3 closest being:
- Family Mart is 990 m away (about 12 mins. by foot)
- 7-eleven is 1.3 km away (an approx. drive of 3 mins.)
- Family Mart is 1.7 km away (an approx. drive of 4 mins.)

The surrounding area, where Pearl Condominium is situated, offers a wide variety of restaurants. See the closest of them below:
- Plage nai harn phuket is 970 m away (a walk of about 12 mins.)
- Kanom Pan - Coffee Shop is 970 m away (a walk of about 12 mins.)
- Naiharn Garden Grill & Restaurant is 940 m away (a walk of about 12 mins.)

Rawai Health Promoting Hospital is the nearest health facility, which is 3.4 km away (you can drive there in 7 mins.) from the project, while the closest schools in the proximity of Pearl Condominium are:
- Tommy's Divecenter Phuket is 780 m away (about 10 mins. by foot)
- Aloha Fun Tank is 780 m away (about 10 mins. by foot)
- Thai Explorers Society is 950 m away (about 11 mins. by foot)

Phuket International Airport is located 47.6 km from Pearl Condominium and it takes about 1 hour 8 mins. by car or taxi (depending on the traffic) to get there.

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