The Teak Phuket Phase 2

 (Write Review)
Choeng Thale, Thalang, Phuket
Jan 2025 Off Plan
13 Units
8,000 SqM Project Area

Overview of The Teak Phuket Phase 2 in Choeng Thale, Phuket

The Teak Phuket Phase 2 is a house and villa project located in Choeng Thale, Phuket and it is scheduled for completion in Jan 2025. It has 13 units and was developed by CHANYAWEE GROUP CO., LTD., who is also behind The Teak Phuket

About The Teak Phuket Phase 2

LIFE, LUXURY, LONGEVITY

  With the principles of life, luxury, and longevity at the forefront, each of the Teak’s thirteen pool villas have been designed with the utmost care for those discerning buyers who value sustainability and privacy above all.
  Set against the lush tropical jungles of Western Phuket, these modern pool villas are built to exude classic charm. Teakwood, the namesake timber chosen for the villa doors, symbolizes our passion for using durable and elegant materials. This is not only so that the villas may blend in with their natural surroundings, but also to ensure that their owners may enjoy these homes away from home for generations to come. With only twelve units, the Teak promises intimate connections with like-minded neighbors and endless serene days of relaxation.
  Of course, peace and privacy do not mean opting out of fun and excitement. At only four minutes from Porto de Phuket and Boat Avenue and ten minutes from Bangtao Beach, Phuket’s charms are always easily in reach at the Teak, making it the perfect choice for those who envision their future on this paradise island.

Perfectly located in the most prestigious residential areas in Phuket. With easy access to an abundance of facilities, we ensure that our valued residents enjoy the exclusive privacy, comfort and convenience.

Available Units at The Teak Phuket Phase 2

Get notified when new homes are being added to The Teak Phuket Phase 2
View All (7)
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
Communal Garden Area
Convenience
Car Parking
Environment
Solar Panels
Safety
24H Security
CCTV (Video Surveillance)

Parking & Lift

Ratio of Parking Spaces to # of Units : 200%
Parking Type : Conventional
Charging Stations on Site : No

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 The Teak Phuket Phase 2 the required payment for the sinking fund is £2,310 per square meter based on the size of the indoor area of the property.
£2,310
Electricity Price : Government Rate
Water Price : Government Rate
Pets : All Kind of Pets Allowed

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
2%
1st Installment
Deposit with Sales and purchase agreement sign, within 30 days after reservation
28%
2nd Installment
Completion of main structure
20%
3rd Installment
Completion of roof and walls structure
25%
4th Installment
Completion of windows, doors and floor finishing
15%
5th Installment
On handover
10%

Master Plan

About the Developer - CHANYAWEE GROUP CO., LTD.

All CHANYAWEE GROUP CO., LTD. Projects
2 Projects 34 Units

Frequently Asked Questions

Frequently asked questions about The Teak Phuket Phase 2
All kind of pets are allowed at The Teak Phuket Phase 2 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee at The Teak Phuket Phase 2 is £1 per square meter based on the plot size 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 The Teak Phuket Phase 2 the required payment for the sinking fund is a fixed amount of £2,310.
Bang Tao Beach is the nearest Beach from The Teak Phuket Phase 2 and it is 2.3 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

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

After you have found the right property at The Teak Phuket Phase 2 you have to follow these steps:

 

  • - Unit selection and agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - 1st Contract Payment
  • - Payment Installments
  • - Snag List
  • - Transfer

Installment Milestone Payment
Reservation Deposit
Immediately
2%
1st Installment
Deposit with Sales and purchase agreement sign, within 30 days after reservation
28%
2nd Installment
Completion of main structure
20%
3rd Installment
Completion of roof and walls structure
25%
4th Installment
Completion of windows, doors and floor finishing
15%
5th Installment
On handover
10%

Read more here

 

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Phuket
Choeng Thale
Neighborhood Overview of Choeng Thale, Phuket

Neighborhood Overview

Location and Neighborhood

Street View

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