Unit ID: U1628498
Choeng Thale, Thalang,Phuket
฿70,355,075
4 Bedrooms
5
Bathrooms
606 SqM
Indoor Area
1
Storeys
Apr 2024
Completed

About This Villa

This property is a 606 SqM villa with 4 bedrooms and 5 bathrooms that is available for sale. It is part of the project in Choeng Thale, Phuket and was completed in Apr 2024. You can buy this villa for a base price of ฿70,355,075 (฿116,097/SqM).

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Full Western KitchenFull Western Kitchen BathtubBathtub

Basic Information

Date Listed Jun 26, 2023
Updated 1 year ago
Property Type Villa
Storeys 1
Location Choeng Thale, Phuket
Bedrooms 4
Nearest Landmark Thalang Victory Monument -1.7 Km
Indoor Area 606 SqM
Price per SqM ฿116,097
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
N/A
Plot Size 972 SqM
Pets All Kind of Pets Allowed
Villa Ownership

Foreign nationals can own the building (villa) in their own name, but not the land that it stands on.

Foreign Ownership, Thai Ownership, Company, Leasehold
Land Ownership

Foreign nationals cannot own land in Thailand. The options in which a foreigner can control the land are via a 30-year lease or by purchasing the land through a Thai company.

Thai Ownership, Company, Leasehold
Land Title Deed N/A
Construction Completed (Apr 2024)
Furniture
Built-ins are any items that do not leave the property but remain a part of the permanent structure of a home. This includes any type of permanent appliances, cabinetry, furniture that’s built into the home, such as shelving or benches, and other attached items.
Available for ฿70,947,000
View(s) Pool View, Garden View
Unit Type 4BR
Parking Spots 3
Pool Size 4.5m x 12m
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.
฿12,000/mo
Listed By
Developer
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1628498

Investment Opportunity: Charges & Yield

Sale Price
฿70,355,075
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.
฿12,000/mo

Project Details

Project Name: Erawana Grand
Developer: Erawana
Construction: Completed (Apr 2024)
Units: 10
Project Area: 6,800 SqM
Nearest Landmark Thalang Victory Monument - 1.7 Km
Location: Choeng Thale, Phuket
Erawana Grand Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Communal Garden Area Communal Garden Area

Available Units at Erawana Grand

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Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿500,000
1st Installment
Upon contract signing
30%
2nd Installment
Upon completion of Foundation
15%
3rd Installment
Upon completion of Structure up to roof height
15%
4th Installment
Upon completion of Unit fit-out
15%
5th Installment
Upon completion of Unit inspection
15%
6th Installment
On handover
10%

Frequently Asked Questions

All kind of pets are allowed at Erawana Grand including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee for properties at Erawana Grand is a fixed amount of ฿12,000. 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 Erawana Grand the required payment for the sinking fund is a fixed amount of ฿150,000.
Thalang Victory Monument is the nearest Tourist Attraction from Erawana Grand and it is 1.7 km away.

The building (the bricks and mortar) can be owned by a non-Thai national outright in their name in what is called the house registry which secures ownership indefinitely of the structure. 

In Thailand, non-Thai nationals cannot own land outright in their name. Land can be controlled through either a Thai Company or a long-term registered lease. The longest registered lease term by Thai law is 30 years, and most developers will offer 3 terms for a total of 90 years.

 

Read more here

After you have found the right property at Erawana Grand 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
฿500,000
1st Installment
Upon contract signing
30%
2nd Installment
Upon completion of Foundation
15%
3rd Installment
Upon completion of Structure up to roof height
15%
4th Installment
Upon completion of Unit fit-out
15%
5th Installment
Upon completion of Unit inspection
15%
6th Installment
On handover
10%


Read more here

A 30-year lease period is legally protected under Thai law and ownership cannot be disrupted. It is common for developers to offer an additional two terms of 30 contractually obligating a total of 90 years. 

Prior to purchasing a leasehold property, it is important to secure a copy of the lease agreement or get further clarity on these three points.

  • - Who is the lessor? (an individual or a Thai Company) Securing a lease from a Thai Company offers much more security than a private individual.

  • - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)

  • - Is there a succession clause in the lease agreement that will allow inheritance of the lease?

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

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Phuket
Choeng Thale

Neighborhood Overview

Location and Neighborhood

Street View

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