Utopia Thalang

(1 Review)

Thep Krasattri, Thalang, Phuket

6% GUARANTEED RETURN FOR 3 YEARS

Dec 2020 Completed

1 Floors

1 Building

129 Units

20,800 SqM Project Area

(1 Review)

For Sale 5 Units

£127,000

▲ 14% overpriced

Overview of Utopia Thalang in Thep Krasattri, Phuket

Utopia Thalang is a house and villa project located in Thep Krasattri, Phuket and was completed in Dec 2020. It has 129 units across 1 floors and was developed by UTOPIA CORPORATION CO LTD, who is also behind Utopia Urban Glam , Utopia Dream U2 and Utopia Karon.

About Utopia Thalang

Utopia Thalang is a quality private luxury villa from Utopia surrounded by lush green natures and mountains of Phuket Island. The project has been designed in a Japanese style and represents the warmth, simplicity, and uniqueness of architecture. It reflects cultures, arts, and traditions that have perfectly been integrated and bring the villas look nice, ideal for relaxation and vacation. There is also an extensive range of facilities such as public parks, children's playgrounds, a communal pool, and an on-site restaurant. All facilities have been designed in Japanese style, allowing the residents to experience the luxury of living in the prime location. It is also close to many tourist attractions and local amenities, including Phuket International Airport, Blue Canyon Country Club, UWC Thailand International School, Mai Khao Beach, and Porto de Phuket. The project also offers special privileges for investors, such as many discounts from being a Utopia Club Member to deliver good happiness and meet all the residents' needs.

Project Information
Utopia Thalang is a villa project developed by Utopia Corporation, consisting of 129 villas in the area of 13 rai, scheduled to be completed in 2020. It is located at 29 Thepkrasattri Road, Mai Khao, Thalan, Phuket.

Investor Privileges
- The investors who join the rental program will gain 6% guaranteed rental returns for the first 3 years, with an annual guarantee paid after one month of full payment.
- After this rental 3 years, the owners can manage or join our rental program with 2 profit-sharing separated: ower (70%) and developer (30%)
- During the first 3 years rental program, the owners will also have a complimentary stay of 14 nights and free all maintenance fees.
- The owners will automatically be a Utopia membership and get many special discounts, including a 15% discount on spa and restaurant services and a 50% discount for booking extra nights at any Utopia Properties.

Property Types and Details
- 2 Bedrooms (70.76 sq.m)
- 3 Bedrooms (95.13 sq.m)

Project Facilities
- Communal Pool
- Japanese Garden
- Kids Playground
- On-site Restaurant
- Free Shuttle Bus to the airport, Utopia Maikhao, and Maikhao Beach
- CCTV
- 24 hours of Security System

Additional Services
The residents are allowed to use all project facilities such as a large swimming pool, kids club, on-site restaurant, clinic, and pool bar at the Utopia Maikhao without any maintenance fees.

Direction to the Project
To get to the project by car, you can start from Muang Mai at the Phuket Highway Police Box. Go straight on Route 402 for about 1.6 kilometers. Turn left into a small alley at the PPT gas station for about 210 meters, and you will reach Utopia Thalang.

Features & Amenities

Communal Pool

1st Floor

Available Units at Utopia Thalang

All
2 Beds

Unfurnished Garden View

Unfurnished Garden View

Unfurnished Garden View

Unfurnished Garden View

Unfurnished Garden View

Get notified when new homes are being added to Utopia Thalang

View All (5)

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

Do you own a property at Utopia Thalang?

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Facilities and Floor Plans

Facilities

Leisure

Communal Pool

Indoor Kids Zone

Communal Garden Area

Convenience

Reception / Lobby Area

Shuttle Bus

Safety

24H Security

CCTV (Video Surveillance)

Parking & Lift

Ratio of Parking Spaces to # of Units : 100%

Parking Type : Conventional

Charging Stations on Site : No

Management

Payment Plan

Installment Milestone Payment

Reservation Deposit

Immediately

£2,310

1st Installment

Upon contract signing

30%

2nd Installment

Construction Start

20%

3rd Installment

On completion

30%

4th Installment

On handover

20%

Master Plan

About the Developer - UTOPIA CORPORATION CO LTD

All UTOPIA CORPORATION CO LTD Projects

11 Projects 2,665 Units

Utilising their extensive experience and knowledge on Australian design and construction, injected a sum close to 2 billion Thai Baht into the development of the properties. IPA Corp formed the Utopia Development business unit, and currently having 6 progressing projects in Phuket island.

A significant and unique benefit for our investors of Utopia Development projects, Utopia Development has sole ownership of all the land planned to be developed, and with the capital provided by IPA Corp rather than from the Thai banks, this provides the client with peace of mind of the capital ownership of the whole project entity.

In February 2016, Utopia Development, together with the island’s largest builder, Hatyai Nanthakorn (HYN), developed and completed the first project, Utopia Kata (UTK) at Kata Beach consisting of 20 serviced apartments.

Utopia Naiharn Villa and Condo (UTN) was launched in April 2016 with one of Phuket’s longstanding family construction companies, House and Home – House Care services (H&H) engaged to develop and construct the project consisting of 110 Hotel Condominiums and 9 Villas. This project was recently completed in September 2018.

In February 2017, Utopia Development again with H&H launched the third project – Utopia Loft (UTL) at Naiharn Beach, comprising of 236 luxury loft styled Hotel condominiums to complete the Utopia Naiharn Resort project. The completion of UTL is anticipated in October 2019.

The success of the UTK and UTN projects, In April 2017, Utopia Development partnered with H&H to form Utopia Construction Group. The fourth project was then released – Utopia Central (UTC) to cater for the entry level buyers. This hotel condominium consists of 405 units and is located in the Central Festival of Phuket shopping mall, Phuket town centre, hospitals and schools. With construction commenced, the estimated completion date for this project is currently at February 2020.

Due to high demands and rapid success, in July 2017, Utopia Construction Group launched Utopia Development’s fifth project, Utopia Karon (UBR) at Karon Beach, a joint venture project with BQ Overseas. This project offers stunning views of Phuket’s beautiful Andaman Sea, and consists of 238 units having both Freehold and Leasehold ownerships available to our investors and buyers.

BQ Overseas entered into another joint venture development in April 2018, Utopia Maikhao (UBM), with Utopia Construction Group overseeing the Development and Construction works. Construction has commenced for this 92 Luxury Villas in the northern seaside of Phuket, with an anticipated completion in February 2021.

Frequently Asked Questions

All kind of pets are allowed at Utopia Thalang including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.

The common area maintenance fee at Utopia Thalang is $1 AUD 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 Utopia Thalang the required payment for the sinking fund is $23 AUD per square meter based on the size of the indoor area of the property.

Utopia Thalang offers a guaranteed rental return of 6% (based on the purchase price of the property) for a duration of 3 Years.
Read more here.

Nai Yang Beach is the nearest Beach from Utopia Thalang and it is 5.6 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 Utopia Thalang 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

£2,310

1st Installment

Upon contract signing

30%

2nd Installment

Construction Start

20%

3rd Installment

On completion

30%

4th Installment

On handover

20%

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

Reviews

4 out of 5

Based on

1 Review

Maintenance

Staff / Security

Facilities on Site

Quality of Finishing

Value for Money

Location

+ Write a review

Japanese style villa Cost-effective

Aki Tanaka, Japan, 4 years ago

My wife and I decided to buy this villa to rent it out because it is close to the airport and Mai Khao Beach. It takes a few minutes to travel. Also, the project connects to Thepkrasattri Road, where we can easily access Phuket Town. We've been waiting for the project to complete now and have the villa we bought. It's a 2-bedroom villa. The exterior and interior are designed in Japanese style. The on-site includes a swimming pool, a public park, and a children's playground, giving a sense of living in Japan. Moreover, there are guards and security systems as well. I get many discounts on spa, restaurant, and booking residences from being a Utopia club member. Besides, I can receive a 6% guaranteed rental return for 3 years. It's very worthwhile and meets the needs of investors well. In general, I'm okay with this project and Japanese-style lovers. I want to recommend those who are looking for a villa for investment.

Phuket

Thep Krasattri

Neighborhood Overview

Buy
£37.1K - £34.8M
For Sale on LivePhuket
913 properties
Rent
£278 - £10.4K
For Rent on LivePhuket
241 properties
To Nai Yang Beach
9.5 km / 15 minutes by driving
To Phuket International Airport
8.7 km / 13 minutes by driving

Location and Neighborhood

Surrounding area

- American International Education at the door of the house
- Direct access to UWC International School 3 minutes drive; UWC School's Family Zone;
- The largest golf course in the center of the house
- Two major golf courses in the middle, including Southeast Asia's most famous Blue Canyon Golf Course
- Large warehouse supermarket / easy shopping, 3 minutes drive from Phuket's largest Makro and Tasco
- Convenience to walk / 7-11 , KFC, AMAZON coffee shop

1. Phuket International Airport 8.2 km
2. Blue Canyon Country Club 5.1 km
3. Mission Hills Phuket Golf Club Resort and Spa 3.9 km
4. Bang Pae Waterfall 5.0 km
5. Laem Sai Pier 6.9 km
6. Thalang Post office 100 m
7. Cafe Amazon 100 m
8. KFC 100 m
9. 7-Eleven 100 m
10. Muangthalang School 1.1 km
11. UWC Thailand International School 3.2 km
12. Thalang Police Station 5.0 km
13. Thalang Hospital 6.2 km
14. Tesco Lotus Thalang 6.4 km
15. Makro Thalang 6.5 km
16. Home Pro 6.7 km
17. Robinson(Central) 11.4 km
18. Blue Tree Phuket 12 km
19. Porto de Phuket 11 km
20. Bang Tao Beach 11 km
21. Nai Thon Beach 12 km
22. Splash Jungle Water Park 9.5 km
23. Mai Khao Beach 10 km

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