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The One Condominium - 3 Bedroom Penthouse

The One Condominium - 3 Bedroom Penthouse

Price: From 13,699,000 THB

This is a brand new project announced and being built by Phuket’s well-known developer who has built numerous very successful living compounds on the island in the past. They are a very well established property developer especially known by their living compound consists of over 100 modern townhouses in Koh Keaw area. This is their latest project located only couple minutes away from one of the best beaches of Phuket, Naiharn. So many amazing restaurants, coffee shops, shopping areas, pubs and groceries in the area. Location wise, it hardly ever gets better than this. Gorgeous Naiharn Lake and Phuket’s landmark Prompthep Cape are also within 5 minutes drive radius from the project. This condominium project is consists of total 213 units with 15 different types of layouts from 27 square meter living space goes up to 84 square meter living space. The project will be completed by the 4th quarter of 2024. Once it’s completed, this project will be run as a hotel therefore they offer 7% guaranteed rental return for the first 3 years to their investors. They also have rental pool for those who don’t want to commit to 3 years guaranteed return program which works as profit share basis of 60/40% for 5 years. The project will have all the facilities and amenities a hotel would have such as a reception with lobby, 24 hours security, shuttle busses to Naiharn and Rawai beaches, on-site restaurant and a bar, total 5 common swimming pools, underground parking, co-working space, a sauna, SPA, ice pool, a fitness room, a kids club, kids pool, 6D cinema motion theater and many other features. This is the 3 bedroom penthouse type unit which has total 70.6 square meter total living space, one bedroom with king’s size bed, walk-in closet, a bathroom, a small kitchenette and a balcony which has extra 25 square meter. All the units can be purchased under a foreign freehold or leasehold ownership title. Contact us to visit this fantastic project or if you have any further questions. Selling fast, hurry up!

Exterior view of The One Condominium - 3 Bedroom Penthouse
Exterior view of The One Condominium - 3 Bedroom Penthouse
Exterior view of The One Condominium - 3 Bedroom Penthouse
Exterior view of The One Condominium - 3 Bedroom Penthouse
Exterior view of The One Condominium - 3 Bedroom Penthouse
Exterior view of The One Condominium - 3 Bedroom Penthouse
Exterior view of The One Condominium - 3 Bedroom Penthouse
Exterior view of The One Condominium - 3 Bedroom Penthouse
Exterior view of The One Condominium - 3 Bedroom Penthouse
+25 more

The One Condominium - 3 Bedroom Penthouse

Naiharn/Rawai
From 13,699,000 THB
3
2
70m²
Condo

Investment snapshot

Gross yield
6-8%
Est. monthly rent
68.5k - 91.3k THB
Price growth
3-6% / yr

Indicative figures for planning. Actual returns depend on occupancy, season, fees, and how the unit is managed.

Quick Summary

Ownership
Leasehold
CAM Fees
4,200 THB per Month
Sinking Fund
56,000 THB One Time Payment

Overview

This is a brand new project announced and being built by Phuket’s well-known developer who has built numerous very successful living compounds on the island in the past. They are a very well established property developer especially known by their living compound consists of over 100 modern townhouses in Koh Keaw area.

This is their latest project located only couple minutes away from one of the best beaches of Phuket, Naiharn. So many amazing restaurants, coffee shops, shopping areas, pubs and groceries in the area. Location wise, it hardly ever gets better than this. Gorgeous Naiharn Lake and Phuket’s landmark Prompthep Cape are also within 5 minutes drive radius from the project.

This condominium project is consists of total 213 units with 15 different types of layouts from 27 square meter living space goes up to 84 square meter living space. The project will be completed by the 4th quarter of 2024.

Once it’s completed, this project will be run as a hotel therefore they offer 7% guaranteed rental return for the first 3 years to their investors. They also have rental pool for those who don’t want to commit to 3 years guaranteed return program which works as profit share basis of 60/40% for 5 years.

The project will have all the facilities and amenities a hotel would have such as a reception with lobby, 24 hours security, shuttle busses to Naiharn and Rawai beaches, on-site restaurant and a bar, total 5 common swimming pools, underground parking, co-working space, a sauna, SPA, ice pool, a fitness room, a kids club, kids pool, 6D cinema motion theater and many other features.

This is the 3 bedroom penthouse type unit which has total 70.6 square meter total living space, one bedroom with king’s size bed, walk-in closet, a bathroom, a small kitchenette and a balcony which has extra 25 square meter.

All the units can be purchased under a foreign freehold or leasehold ownership title.

Contact us to visit this fantastic project or if you have any further questions. Selling fast, hurry up!

Contact us for more information. Interested in more options? Take a look at our full inventory of Condos for Sale in Phuket or let us know your preferences and we'll put together a curated list of properties for you.

Details

Basic Information

Property IDNRW-0046
Property TypeCondo
NeighborhoodNaiharn/Rawai
StatusAvailable
Listed2 weeks ago

Specifications

Bedrooms3
Bathrooms2
Build-up Area70m²
Total No. of Floors7
Number of Units213

Financial Details

Price/Sqm195,700 THB
CAM Fees4,200 THB per Month
Sinking Fund56,000 THB One Time Payment

Property Features

OwnershipLeasehold
Completion2024
View1163
FurnitureBuilt-in Furniture Included
Furniture Package900.000 thb extra

Amenities

Room Layout

Payment Terms

  1. 1
    Reservation Fee
    100,000 THB

    Take the property off the market

  2. 2
    Contract Payment
    30%

    30 Days after the reservation

  3. 3
    2nd Payment
    20%

    25% of the Construction is Completed

  4. 4
    3rd Payment
    20%

    50% of the Construction is Completed

  5. 5
    4th Payment
    20%

    75% of the Construction is Completed

  6. 6
    Handover
    10%

    Last Payment with Ownership

Investment overview

Yield, cash flow, holding costs, and area context for this listing.

Gross yield
6-8%

Before tax and operating costs

Est. monthly rent
68.5k - 91.3k THB

Low to high season range

Capital growth
3-6% / yr

Indicative annual range

Liquidity
Excellent!

High Demand & High Supply

Liquidity score
High Demand & High Supply
10 / 10

Located in the southernmost part of Phuket, Nai Harn and Rawai have become the "Bali of Phuket. " The area offers excellent fitness facilities, fantastic restaurants, coffee shops, spas, and wellness centres, along with one of the most beautiful beaches in the world , Nai Harn Beach.

Ownership
leasehold
Price / sqm
195.7k THB
Simple payback(at mid yield)
~14.3 yrs
CAM fees
4,200 THB per Month
Sinking fund
56,000 THB One Time Payment
Est. annual rent
821.9k - 1.1m THB

Naiharn/Rawai context

Ask us for a short briefing on rental demand, buyer competition, and exit timing for this neighborhood. We will tailor numbers to your hold period and currency.

Phuket residential price history

Southern Thailand property price index context

Compound annual growth (CAGR) 3.0% (2015 to present)

Bank of Thailand

Chart shows an illustrative Southern Thailand residential index path for market context. The dashed segment is a simple forward path, not a guaranteed forecast. Confirm current BOT figures with our team when you underwrite a deal.

Figures are estimates for discussion only. They are not financial advice and do not guarantee future performance. Confirm occupancy assumptions, CAM fees, taxes, and legal ownership with our team before you decide.

Location

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  1. 1
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  2. 2
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  3. 3
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