3 Bedroom Villa for sale at Lay Pearl

 (Write Review)
Rawai, Phuket Town,Phuket
Unit ID: U1681540
3 Bedrooms
4 Bathrooms
416 SqM Indoor Area
2 Storeys
Aug 2024 Completed

About This Villa

This property is a 416 SqM villa with 3 bedrooms and 4 bathrooms that is available for sale. It is part of the project in Rawai, Phuket and was completed in Aug 2024. You can buy this villa for a base price of £586,000 (£1,410/SqM).

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Corner UnitCorner Unit Maids QuartersMaids Quarters BalconyBalcony Outdoor SalaOutdoor Sala

Basic Information

Date Listed Oct 16, 2023
Updated 1 year ago
Property Type Villa (Single Detached)
Storeys 2
Location Rawai, Phuket
Bedrooms 3
Nearest Landmark Rawai Beach -0.9 Km
Indoor Area 416 SqM
Price per SqM £1,410
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 428 SqM
Pets All Kind of Pets Allowed
Villa Ownership

Foreign nationals can own the building (villa) 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 (Aug 2024)
Furniture
Available for £41,100
View(s) Pool View, Garden View
Unit Type 3BR
Parking Spots 2
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.
£176/mo
Listed By
Developer
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1681540

Investment Opportunity: Charges & Yield

Sale Price
£586,000
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.
£176/mo

Project Details

Project Name: Lay Pearl
Construction: Completed (Aug 2024)
Units: 2
Project Area: 856 SqM
Nearest Landmark Rawai Beach - 0.9 Km
Location: Rawai, Phuket
Lay Pearl Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)

Available Units at Lay Pearl

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Loan Calculator

Payment Plan

Payment Plan
Installment Milestone Payment
Reservation Deposit
Immediately
£4,560
1st Installment
Upon contract signing
35%
2nd Installment
After Foundation Posts Completion
20%
3rd Installment
After Walls and Roof Slap Completion
20%
4th Installment
After Floor Finishing and Interior
20%
5th Installment
On handover
5%

Frequently Asked Questions

All kind of pets are allowed at Lay Pearl including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is £0 per square meter based on the plot size of the property and is £176 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.
Rawai Beach is the nearest Beach from Lay Pearl and it is 0.9 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 Lay Pearl you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer
Payment Plan
Installment Milestone Payment
Reservation Deposit
Immediately
£4,560
1st Installment
Upon contract signing
35%
2nd Installment
After Foundation Posts Completion
20%
3rd Installment
After Walls and Roof Slap Completion
20%
4th Installment
After Floor Finishing and Interior
20%
5th Installment
On handover
5%


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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Phuket
Rawai

Neighborhood Overview

Location and Neighborhood

Street View

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