The town has almost everything you could possibly want. And a few things you probably don’t! Shopping. Restaurants. And don’t forget the nightlife that made it famous. But when it comes to real estate, what can you get for your money? Let’s have a quick look. It’s up a steep hill. This villa is a 10 minute walk from the town centre. As you can imagine, the ocean views are very good – almost 360 degrees. But don’t worry if you’re not feeling energetic – there is a shuttle bus. If you like to party, this could be the place for you. And the open plan layout means you can see the ocean from every room. The private swimming pool has its own bar. And when you’ve finally had enough there is plenty of room for your guests. Plus, there is an industrial kitchen right next to the terrace – ideal if you are entertaining. On the lower floor, there’s a living room and 2 bedrooms. The price? 16,000,000 Baht (US$527,184) – including all the furniture. Upstairs there are 3 en-suite bedrooms. If you prefer an apartment, this place is worth a look. On the rooftop is a huge 120m2, infinity-edge swimming pool, tables, chairs and sun loungers. But there are only a couple left for sale. All come fully furnished. The resort has a gym, underground parking and 24-hour security. But because they are a bit further out of town, the area is much quieter. They all come with fully fitted kitchens and en-suite bathrooms. These may be a good option if you are looking for a more permanent home. And there’s a swimming pool, a gym and a small restaurant on-site. And there is plenty of property to choose from.

Investors can buy real estate in a residential complex under development at a favorable price, and by the time the construction is completed, the cost of the property increases up to 30%. Such housing can be easily resold or rented out to generate passive income. People from different parts of the world come here not only for short-term vacations, but also for escaping from winter that last several months. Foreign investors can rent out a condominium residence through a management company. The properties that are most popular with holidaymakers are apartments and villas located on the west coast. Guaranteed income: the company takes care of all issues related to the maintenance and of an apartment, and the owner receives a guaranteed profit of 5-8% per annum. Rental pool. the company collects revenue from all apartments in a residential complex and divides 70% of it equally between the owners, and takes 30% as a service fee.

The island has many modern freehold residential complexes. These types of apartment buildings are called condominiums. In such residential complexes, foreigners can own 49% of the total number of units. However, the plot where the building is built is only allowed to be rented. Housing units are sold through real estate agencies. The lease term is set for 30 years with the possibility of extension. Most real estate companies work with foreign buyers. They provide translation services, help with the necessary documents, and fully support your purchase and sale transaction. Most often, developers offer to purchase properties under development at a good discount and in installments for the entire period of construction of the residential project. The most expensive houses and apartments are located within walking distance from the sea and offer beautiful views from the windows. First of all, the price is influenced by the location of a residential complex. The further a residential complex is from the beach, the cheaper the housing will be.

Also, the price is directly affected by the rating of the beaches located near the property. The western coast of the island is more highly valued, so apartments and houses here are more expensive. The housing prices may vary greatly, from $142,000 for an apartment with an area of 29 m2, up to $2 million for a residence with an area of 213 m2. The infrastructure is well developed here as there are shops, restaurants, massage parlors, golf clubs, schools for children and many other facilities. Here an apartment with an area of 24 m2 can be purchased for $80,000. Prices for villas range from $724,000 for a mansion with an area of 365 m2, to $6 million for a villa with an area of 749 m2. And the minimum cost of a villa with an area of 365 m2 starts from $566,000. Today, many new residential complexes are being built on the resort island.

It’s important to keep in mind that many people choose to buy here because they want to live in the area. On the other hand, the majority of housing developments and private villas are towards the northern part and western part of the seaside city. First you make an offer through our agents who will support and guide you. Once you have found a property that you are interested in we will offer the seller the price agreed upon. For instance, it is not permitted for foreigners to own more than 49% of the total land area of a condominium. Any other terms of the sale. Before the sale is finalized, it’s a good idea to conduct due diligence on the property to ensure that it is a good investment. This will typically involve negotiating the price. To conduct due diligence the process may involve hiring a lawyer to review the contract, having the property inspected or reviewing any necessary documents needed to move towards post-sales transaction. 1. You are surrounded by stunning white sand beaches, crystal-clear oceans, and classy restaurants when you are at the beach. Once you have completed due diligence and are satisfied with the property, you can finalize the sale by signing a contract and paying for the price for your property. 4. Hospitals are dotted around the city center. You bought a property and are wondering if you can rent out the property when you’re not using it and what the rental yield is like.2% annual returns.

If you have any issues about in which and how to use rawai condominium phuket, you can contact us at our own web-site.