2 Bedroom House for sale at Utopia Thalang

(1 Review)

Thep Krasattri, Thalang,Phuket

Unit ID: U1666860

6% GUAR. RETURN FOR 3 YEARS

2Bedrooms

1 Bathroom

70.76 SqM Indoor Area

1 Storeys

Dec 2020 Completed

(1 Review)

Sale Price

Sold

Street View

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 £129,000 (£1,830/SqM).

Features

Private Garden

Terrace

Covered Parking

Basic Information

Date ListedSep 13, 2023

Updated1 year ago

Property TypeHouse

Storeys1

LocationThep Krasattri, Phuket

Bedrooms2

Nearest LandmarkNai Yang Beach-5.6 Km

Indoor Area70.76 SqM

Price per SqM£1,830

Outdoor Area

N/A

Plot Size84 SqM

PetsAll Kind of Pets Allowed

House Ownership

Foreign Ownership, Thai Ownership, Company, Leasehold

Land Ownership

Thai Ownership, Company, Leasehold

Land Title DeedN/A

ConstructionCompleted (Dec 2020)

Furniture

Unfurnished

View(s)Garden View

Unit Type2BR

Parking Spots1

Pool SizeN/A

CAM Fee

£42/mo

Listed By

Developer

Electricity PriceGovernment Rate

Water PriceGovernment Rate

Unit IDU1666860

Investment Opportunity: Charges & Yield

CAM Fee

£42/mo

Price-to-Rent Ratio

Guaranteed Rental Return

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 LandmarkNai Yang Beach- 5.6 Km

Location:Thep Krasattri, Phuket

Utopia Thalang Project Details

Project Features

Communal Pool

24H Security

CCTV (Video Surveillance)

Indoor Kids Zone

Reception / Lobby Area

Communal Garden Area

Shuttle Bus

Popular Facilities at Utopia Thalang

Communal Pool
1st Floor

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Payment Plan

InstallmentMilestonePayment

Reservation Deposit

Immediately

£2,360

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 £42 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 £12 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

InstallmentMilestonePayment

Reservation Deposit

Immediately

£2,360

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