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    2 Bedroom Villa for sale at Utopia Maikhao
    Mai Khao, Thalang,Phuket
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    Sale Price
    £365,000
    Schedule Viewing

    2 Bedroom Villa for sale at Utopia Maikhao

    (1 Review)
    Mai Khao, Thalang,Phuket
    Unit ID: U73708
    6% GUAR. RETURN FOR 3 YEARS
    2 Bedrooms
    2.5 Bathrooms
    148 SqM Indoor Area
    2 Storeys
    Mar 2024 Completed
    (1 Review)
    Sale Price
    £365,000
    13

    About This Villa

    This property is a 148 SqM villa with 2 bedrooms and 2.5 bathrooms that is available for sale. It is part of the project in Mai Khao, Phuket and was completed in Mar 2024. You can buy this villa for a base price of £365,000 (£2,460/SqM).

    Features

    Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace BalconyBalcony

    Basic Information

    Date Listed May 4, 2018
    Updated N/A
    Property Type Villa
    Storeys 2
    Location Mai Khao, Phuket
    Bedrooms 2
    Nearest Landmark Mai Khao Beach -4.3 Km
    Indoor Area 148 SqM
    Price per SqM £2,460
    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 148 SqM
    Pets Not Allowed
    Villa Ownership

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

    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 (Mar 2024)
    Furniture
    Available for £18,500
    View(s) Garden View
    Unit Type Villa Zone B
    Parking Spots N/A
    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.
    £171/mo
    Listed By
    Developer
    Electricity Price N/A
    Water Price N/A
    Unit ID U73708

    Investment Opportunity: Charges & Yield

    Sale Price
    £365,000
    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.
    £171/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 Maikhao
    Developer: UTOPIA CORPORATION CO LTD
    Construction: Completed (Mar 2024)
    Units: 92
    Project Area: 36,800 SqM
    Nearest Landmark Mai Khao Beach - 4.3 Km
    Location: Mai Khao, Phuket
    Utopia Maikhao Project Details

    Project Features

    On Site Restaurant On Site Restaurant
    Communal Pool Communal Pool
    Communal Gym Communal Gym
    Bar Bar
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Spa Spa
    Reception / Lobby Area Reception / Lobby Area
    Co-Working Space / Meeting Room Co-Working Space / Meeting Room
    Shuttle Bus Shuttle Bus

    Popular Facilities at Utopia Maikhao

    • All
    • Leisure
    4
    • Communal Pool
      1st Floor

    Available Units at Utopia Maikhao

    • All
    • 2 Beds
    • 3 Beds
    Available Units at Utopia Maikhao
    £292,000
    £1,880/SqM
    Good Price
    Beds 2 Beds
    Baths 2 Baths
    Size 155.20 SqM Size
    Plot Size 155.20 SqM Plot Size
    Thai Quota Unfurnished Pool View
    Available Units at Utopia Maikhao
    £292,000
    £1,880/SqM
    Good Price
    Beds 2 Beds
    Baths 2 Baths
    Size 155.20 SqM Size
    Plot Size 155.20 SqM Plot Size
    Thai Quota Unfurnished Pool View
    Available Units at Utopia Maikhao
    £451,000
    £2,050/SqM
    Beds 3 Beds
    Baths 4 Baths
    Size 220 SqM Size
    Plot Size 220 SqM Plot Size
    Unfurnished Pool View
    Available Units at Utopia Maikhao
    £292,000
    £1,880/SqM
    Great Price
    Beds 2 Beds
    Baths 2 Baths
    Size 155.20 SqM Size
    Plot Size 155.20 SqM Plot Size
    Unfurnished Pool View
    Available Units at Utopia Maikhao
    £292,000
    £1,880/SqM
    Good Price
    Beds 2 Beds
    Baths 2 Baths
    Size 155.20 SqM Size
    Plot Size 155.20 SqM Plot Size
    Thai Quota Unfurnished Pool View
    Available Units at Utopia Maikhao
    £451,000£486,000
    £2,050/SqM
    Beds 3 Beds
    Baths 4 Baths
    Size 220 SqM Size
    Plot Size 220 SqM Plot Size
    Unfurnished Pool View
    Available Units at Utopia Maikhao
    £292,000
    £1,880/SqM
    Good Price
    Beds 2 Beds
    Baths 2 Baths
    Size 155.20 SqM Size
    Plot Size 155.20 SqM Plot Size
    Thai Quota Unfurnished Pool View
    Available Units at Utopia Maikhao
    £486,000
    £2,210/SqM
    Good Price
    Beds 3 Beds
    Baths 4 Baths
    Size 220 SqM Size
    Plot Size 220 SqM Plot Size
    Thai Quota Unfurnished Sea View
    Available Units at Utopia Maikhao
    £292,000
    £1,880/SqM
    Good Price
    Beds 2 Beds
    Baths 2 Baths
    Size 155.20 SqM Size
    Plot Size 155.20 SqM Plot Size
    Thai Quota Unfurnished Pool View
    Available Units at Utopia Maikhao
    £486,000
    £2,210/SqM
    Great Price
    Beds 3 Beds
    Baths 4 Baths
    Size 220 SqM Size
    Plot Size 220 SqM Plot Size
    Thai Quota Unfurnished Sea View
    Available Units at Utopia Maikhao
    £292,000
    £1,880/SqM
    Good Price
    Beds 2 Beds
    Baths 2 Baths
    Size 155.20 SqM Size
    Plot Size 155.20 SqM Plot Size
    Thai Quota Unfurnished Pool View
    Available Units at Utopia Maikhao
    £292,000
    £1,880/SqM
    Good Price
    Beds 2 Beds
    Baths 2 Baths
    Size 155.20 SqM Size
    Plot Size 155.20 SqM Plot Size
    Thai Quota Unfurnished Pool View
    Available Units at Utopia Maikhao
    £292,000
    £1,880/SqM
    Good Price
    Beds 2 Beds
    Baths 2 Baths
    Size 155.20 SqM Size
    Plot Size 155.20 SqM Plot Size
    Thai Quota Unfurnished Pool View
    Available Units at Utopia Maikhao
    £365,000
    £2,460/SqM
    Beds 2 Beds
    Baths 2 Baths
    Size 148 SqM Size
    Plot Size 148 SqM Plot Size
    Thai Quota Unfurnished Garden View
    Available Units at Utopia Maikhao
    £365,000
    £2,460/SqM
    Beds 2 Beds
    Baths 2 Baths
    Size 148 SqM Size
    Plot Size 148 SqM Plot Size
    Thai Quota Unfurnished Garden View
    Available Units at Utopia Maikhao
    £365,000
    £2,460/SqM
    Beds 2 Beds
    Baths 2 Baths
    Size 148 SqM Size
    Plot Size 148 SqM Plot Size
    Thai Quota Unfurnished Garden View
    Available Units at Utopia Maikhao
    £365,000
    £2,460/SqM
    Beds 2 Beds
    Baths 2 Baths
    Size 148 SqM Size
    Plot Size 148 SqM Plot Size
    Thai Quota Unfurnished Garden View
    Available Units at Utopia Maikhao
    £365,000
    £2,460/SqM
    Beds 2 Beds
    Baths 3 Baths
    Size 148 SqM Size
    Plot Size 148 SqM Plot Size
    Unfurnished Garden View
    Available Units at Utopia Maikhao
    £365,000
    £2,460/SqM
    Good Price
    Beds 2 Beds
    Baths 2 Baths
    Size 148 SqM Size
    Plot Size 148 SqM Plot Size
    Thai Quota Unfurnished Garden View
    Available Units at Utopia Maikhao
    £365,000
    £2,460/SqM
    Beds 2 Beds
    Baths 2 Baths
    Size 148 SqM Size
    Plot Size 148 SqM Plot Size
    Thai Quota Unfurnished Garden View
    Available Units at Utopia Maikhao
    £365,000
    £2,460/SqM
    Beds 2 Beds
    Baths 2 Baths
    Size 148 SqM Size
    Plot Size 148 SqM Plot Size
    Thai Quota Unfurnished Garden View
    Available Units at Utopia Maikhao
    £365,000
    £2,460/SqM
    Beds 2 Beds
    Baths 2 Baths
    Size 148 SqM Size
    Plot Size 148 SqM Plot Size
    Thai Quota Unfurnished Garden View
    Get notified when new homes are being added to Utopia Maikhao
    View All (22)

    Loan Calculator

    Payment Plan

    Installment Milestone Payment
    Reservation Deposit
    Immediately
    £2,310
    Down Payment
    Upon reservation agreement signing
    20%
    1st Installment
    Upon contract signing
    30%
    2nd Installment
    100% construction completion
    30%
    3rd Installment
    On handover
    20%

    Frequently Asked Questions

    All kind of pets are allowed at Utopia Maikhao 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 £171 for this villa. 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 Maikhao the required payment for the sinking fund is £12 per square meter based on the size of the indoor area of the property.
    Utopia Maikhao offers a guaranteed rental return of 6% (based on the purchase price of the property) for a duration of 3 Years.
    Read more here.
    Mai Khao Beach is the nearest Beach from Utopia Maikhao and it is 4.3 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

    After you have found the right property at Utopia Maikhao 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
    Down Payment
    Upon reservation agreement signing
    20%
    1st Installment
    Upon contract signing
    30%
    2nd Installment
    100% construction completion
    30%
    3rd 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

    4.2 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    The location is great and suitable for investment
    Nathan Mcloughlin, Germany, 4 years ago
    It is a spacious villa project that seems a large kingdom from Utopia affiliated projects. I think it's worth investing because there are many benefits and I think it's worth it. The location is great and suitable as a vacation home for investment. Now, it's not 100% completed yet, but I think it would be gorgeous when it is finished. Traveling is convenient and not far from the 5-star hotels and Mai Khao Beach. Anyway, it is quite far from Phuket Town, about 30 kilometers. It only takes about 10-15 minutes, and there is also a shuttle service to many places as well.
    Phuket
    Mai Khao

    Neighborhood Overview

    Location and Neighborhood

    Street View

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