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    3 Bedroom Townhouse for sale at Ocean Town Muang-Ratsada
    Ratsada, Phuket Town,Phuket
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    Sale Price
    £88,800
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    3 Bedroom Townhouse for sale at Ocean Town Muang-Ratsada

     (Write Review)
    Ratsada, Phuket Town,Phuket
    Unit ID: U1956157
    3 Bedrooms
    2 Bathrooms
    115 SqM Indoor Area
    2 Storeys
    Dec 2022 Completed
     (Write Review)
    Sale Price
    £88,800
    8

    About This Townhouse

    This property is a 115 SqM townhouse with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Ratsada, Phuket and was completed in Dec 2022. You can buy this townhouse for a base price of £88,800 (£772/SqM).

    Features

    Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Corner UnitCorner Unit BalconyBalcony

    Basic Information

    Date Listed Oct 28, 2024
    Updated N/A
    Property Type Townhouse
    Storeys 2
    Location Ratsada, Phuket
    Bedrooms 3
    Nearest Landmark Rassada Pier -1.9 Km
    Indoor Area 115 SqM
    Price per SqM £772
    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 106.80 SqM
    Pets N/A
    Townhouse Ownership

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

    Foreign Ownership, Thai Ownership, Company
    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.

    N/A
    Land Title Deed N/A
    Construction Completed (Dec 2022)
    Furniture
    Built-ins are any items that do not leave the property but remain a part of the permanent structure of a home. This includes any type of permanent appliances, cabinetry, furniture that’s built into the home, such as shelving or benches, and other attached items.
    Built In
    View(s) City View, Garden View
    Unit Type Shallow
    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.
    £85/mo
    Listed By
    Developer
    Electricity Price N/A
    Water Price N/A
    Unit ID U1956157

    Investment Opportunity: Charges & Yield

    Sale Price
    £88,800
    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.
    £85/mo

    Project Details

    Project Name: Ocean Town Muang-Ratsada
    Developer: N/A
    Construction: Completed (Dec 2022)
    Units: 187
    Project Area: 32,120 SqM
    Nearest Landmark Rassada Pier - 1.9 Km
    Location: Ratsada, Phuket
    Ocean Town Muang-Ratsada Project Details

    Project Features

    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Communal Garden Area Communal Garden Area

    Available Units at Ocean Town Muang-Ratsada

    • All
    • 3 Beds
    Get notified when new homes are being added to Ocean Town Muang-Ratsada
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    Loan Calculator

    Frequently Asked Questions

    The common area maintenance fee is £1 per square meter based on the plot size of the property and is £85 for this townhouse. 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.
    Rassada Pier is the nearest Pier from Ocean Town Muang-Ratsada and it is 1.9 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 Ocean Town Muang-Ratsada you have to follow these steps:

    • - Agreement of terms and conditions
    • - Reservation Agreement
    • - Reservation Deposit
    • - Sales and Purchase Agreement
    • - Settlement & Transfer


    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

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