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    3 Bedroom Villa for sale at Mono Oxygen Bangtao Beach
    Choeng Thale, Thalang,Phuket
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    Sale Price
    £533,000
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    3 Bedroom Villa for sale at Mono Oxygen Bangtao Beach

     (Write Review)
    Choeng Thale, Thalang,Phuket
    Unit ID: U1430592
    13% Rental Yield
    3 Bedrooms
    3 Bathrooms
    281.70 SqM Indoor Area
    2 Storeys
    12 Months Made To Order
     (Write Review)
    Sale Price
    £533,000
    35

    About This Villa

    This property is a 281.70 SqM villa with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Choeng Thale, Phuket and will be built within 12 months of purchase. You can buy this villa for a base price of £533,000 (£1,890/SqM).

    Features

    Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace BalconyBalcony

    Basic Information

    Date Listed Jun 14, 2023
    Updated N/A
    Property Type Villa
    Storeys 2
    Location Choeng Thale, Phuket
    Bedrooms 3
    Nearest Landmark Bang Tao Beach -1 Km
    Indoor Area 281.70 SqM
    Price per SqM £1,890
    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 240 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.

    Foreign 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.

    Company
    Land Title Deed N/A
    Construction Made To Order (12 Months)
    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) Pool View, Garden View
    Unit Type 3BR
    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.
    £336/mo
    Listed By
    Developer
    Electricity Price Government Rate
    Water Price Government Rate
    Unit ID U1430592

    Investment Opportunity: Charges & Yield

    Sale Price
    £533,000
    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.
    £336/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.
    8
    Rental Yield
    This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 3 bedroom villas at Mono Oxygen Bangtao Beach, and the current sales price.
    13%

    Project Details

    Project Name: Mono Oxygen Bangtao Beach
    Developer: The Attitude Club Co.,Ltd
    Construction: Made To Order (12 Months)
    Units: 11
    Project Area: N/A
    Nearest Landmark Bang Tao Beach - 1 Km
    Location: Choeng Thale, Phuket
    Mono Oxygen Bangtao Beach Project Details

    Project Features

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

    Popular Facilities at Mono Oxygen Bangtao Beach

    • All
    • Convenience
    3
    • Car Parking
      Ground Floor

    Available Units at Mono Oxygen Bangtao Beach

    For Sale 2 For Rent 1
    • All
    • 3 Beds
    Get notified when new homes are being added to Mono Oxygen Bangtao Beach
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    Loan Calculator

    Payment Plan

    Installment Milestone Payment
    Reservation Deposit
    Immediately
    2%
    1st Installment
    Upon contract signing
    23%
    2nd Installment
    Completion of Piling & Foundation
    15%
    3rd Installment
    Completion of Main Structure
    15%
    4th Installment
    Completion of Roof, Walls and Patitions
    15%
    5th Installment
    Completion of Floor Tiles and Wall Tiles
    15%
    6th Installment
    On handover
    15%

    Frequently Asked Questions

    No pets are allowed at Mono Oxygen Bangtao Beach unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
    The common area maintenance fee for properties at Mono Oxygen Bangtao Beach is a fixed amount of £336. This amount 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 Mono Oxygen Bangtao Beach the required payment for the sinking fund is £6 per square meter based on the size of the plot size of the property.
    Bang Tao Beach is the nearest Beach from Mono Oxygen Bangtao Beach and it is 1 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

    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

    After you have found the right property at Mono Oxygen Bangtao Beach you have to follow these steps:

     

    • - Unit selection and agreement of terms and conditions
    • - Reservation Agreement
    • - Reservation Deposit
    • - Sales and Purchase Agreement
    • - 1st Contract Payment
    • - Payment Installments
    • - Snag List
    • - Transfer

    Installment Milestone Payment
    Reservation Deposit
    Immediately
    2%
    1st Installment
    Upon contract signing
    23%
    2nd Installment
    Completion of Piling & Foundation
    15%
    3rd Installment
    Completion of Main Structure
    15%
    4th Installment
    Completion of Roof, Walls and Patitions
    15%
    5th Installment
    Completion of Floor Tiles and Wall Tiles
    15%
    6th Installment
    On handover
    15%

    Read more here

     

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    Phuket
    Choeng Thale

    Neighborhood Overview

    Location and Neighborhood

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