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    2 Bedroom House for sale at Utopia Thalang
    Thep Krasattri, Thalang,Phuket
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    Sale Price
    £124,000
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    2 Bedroom House for sale at Utopia Thalang

    (1 Review)
    Thep Krasattri, Thalang,Phuket
    Unit ID: U1015196
    6% GUAR. RETURN FOR 3 YEARS
    2 Bedrooms
    1 Bathroom
    70.76 SqM Indoor Area
    1 Storeys
    Dec 2020 Completed
    (1 Review)
    Sale Price
    £124,000
    19

    About This House

    This property is a 70.76 SqM house with 2 bedrooms and 1 bathroom that is available for sale. It is part of the project in Thep Krasattri, Phuket and was completed in Dec 2020. You can buy this house for a base price of £124,000 (£1,750/SqM).

    Features

    Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking

    Basic Information

    Date Listed Jul 10, 2023
    Updated 1 year ago
    Property Type House (Single Detached)
    Storeys 1
    Location Thep Krasattri, Phuket
    Bedrooms 2
    Nearest Landmark Nai Yang Beach -5.6 Km
    Indoor Area 70.76 SqM
    Price per SqM £1,750
    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 84 SqM
    Pets All Kind of Pets Allowed
    House Ownership

    Foreign nationals can own the building (house) 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 (Dec 2020)
    Furniture
    Unfurnished
    View(s) Garden View
    Unit Type 2BR
    Parking Spots 1
    Pool Size N/A
    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.
    £40/mo
    Listed By
    Developer
    Electricity Price Government Rate
    Water Price Government Rate
    Unit ID U1015196

    Investment Opportunity: Charges & Yield

    Sale Price
    £124,000
    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.
    £40/mo
    Price-to-Rent Ratio
    The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
    17
    Guaranteed Rental Return
    6%
    Guarantee Duration
    3 Years

    Project Details

    Project Name: Utopia Thalang
    Developer: UTOPIA CORPORATION CO LTD
    Construction: Completed (Dec 2020)
    Units: 129
    Project Area: 20,800 SqM
    Nearest Landmark Nai Yang Beach - 5.6 Km
    Location: Thep Krasattri, Phuket
    Utopia Thalang Project Details

    Project Features

    Communal Pool Communal Pool
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Indoor Kids Zone Indoor Kids Zone
    Reception / Lobby Area Reception / Lobby Area
    Communal Garden Area Communal Garden Area
    Shuttle Bus Shuttle Bus

    Popular Facilities at Utopia Thalang

    • All
    • Leisure
    5
    • Communal Pool
      1st Floor

    Available Units at Utopia Thalang

    • All
    • 2 Beds
    Get notified when new homes are being added to Utopia Thalang
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    Payment Plan

    Installment Milestone Payment
    Reservation Deposit
    Immediately
    £2,260
    1st Installment
    Upon contract signing
    30%
    2nd Installment
    Construction Start
    20%
    3rd Installment
    On completion
    30%
    4th Installment
    On handover
    20%

    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 is £1 per square meter based on the size of indoor area of the property and is £40 for this house. This fee 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 Utopia Thalang the required payment for the sinking fund is £11 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
    £2,260
    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

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