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    3 Bedroom Villa for sale at The Residence Prime
    Thep Krasattri, Thalang,Phuket
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    Sale Price
    £605,000
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    3 Bedroom Villa for sale at The Residence Prime

     (Write Review)
    Thep Krasattri, Thalang,Phuket
    Unit ID: U1681416
    3 Bedrooms
    3 Bathrooms
    398.28 SqM Indoor Area
    2 Storeys
    Jan 2025 Off Plan
     (Write Review)
    Sale Price
    £605,000
    12

    About This Villa

    This property is a 398.28 SqM villa with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Thep Krasattri, Phuket and it is scheduled for completion in Jan 2025. You can buy this villa for a base price of £605,000 (£1,520/SqM).

    Features

    Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Full Western KitchenFull Western Kitchen BathtubBathtub MicrowaveMicrowave OvenOven TVTV

    Basic Information

    Date Listed Oct 16, 2023
    Updated 1 year ago
    Property Type Villa
    Storeys 2
    Location Thep Krasattri, Phuket
    Bedrooms 3
    Nearest Landmark Laguna -3.3 Km
    Indoor Area 398.28 SqM
    Price per SqM £1,520
    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 256.96 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.

    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 Off Plan (Jan 2025)
    Furniture
    A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
    Fully Furnished
    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.
    £227/mo
    Listed By
    Developer
    Electricity Price Government Rate
    Water Price Government Rate
    Unit ID U1681416

    Investment Opportunity: Charges & Yield

    Sale Price
    £605,000
    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.
    £227/mo

    Project Details

    Project Name: The Residence Prime
    Developer: Andaman Asset Solution Co., Ltd.
    Construction: Off Plan (Jan 2025)
    Units: 28
    Project Area: 30,193 SqM
    Nearest Landmark Laguna - 3.3 Km
    Location: Thep Krasattri, Phuket
    The Residence Prime Project Details

    Project Features

    Communal Pool Communal Pool
    Communal Gym Communal Gym
    Clubhouse Clubhouse
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Reception / Lobby Area Reception / Lobby Area
    Co-Working Space / Meeting Room Co-Working Space / Meeting Room
    Communal Garden Area Communal Garden Area

    Available Units at The Residence Prime

    • All
    • 3 Beds
    Available Units at The Residence Prime
    £598,000
    £1,500/SqM
    Beds 3 Beds
    Baths 3 Baths
    Size 398.28 SqM Size
    Plot Size 228 SqM Plot Size
    Thai Quota Fully Furnished Pool View
    Available Units at The Residence Prime
    £598,000
    £1,500/SqM
    Beds 3 Beds
    Baths 3 Baths
    Size 398.28 SqM Size
    Plot Size 228 SqM Plot Size
    Thai Quota Fully Furnished Pool View
    Available Units at The Residence Prime
    £598,000
    £1,500/SqM
    Beds 3 Beds
    Baths 3 Baths
    Size 398.28 SqM Size
    Plot Size 228 SqM Plot Size
    Thai Quota Fully Furnished Pool View
    Available Units at The Residence Prime
    £598,000
    £1,500/SqM
    Beds 3 Beds
    Baths 3 Baths
    Size 398.28 SqM Size
    Plot Size 228 SqM Plot Size
    Thai Quota Fully Furnished Pool View
    Available Units at The Residence Prime
    £598,000
    £1,500/SqM
    Beds 3 Beds
    Baths 3 Baths
    Size 398.28 SqM Size
    Plot Size 228 SqM Plot Size
    Thai Quota Fully Furnished Pool View
    Available Units at The Residence Prime
    £598,000
    £1,500/SqM
    Beds 3 Beds
    Baths 3 Baths
    Size 398.28 SqM Size
    Plot Size 228 SqM Plot Size
    Thai Quota Fully Furnished Pool View
    Available Units at The Residence Prime
    £598,000
    £1,500/SqM
    Beds 3 Beds
    Baths 3 Baths
    Size 398.28 SqM Size
    Plot Size 228 SqM Plot Size
    Thai Quota Fully Furnished Pool View
    Available Units at The Residence Prime
    £598,000
    £1,500/SqM
    Beds 3 Beds
    Baths 3 Baths
    Size 398.28 SqM Size
    Plot Size 228 SqM Plot Size
    Thai Quota Fully Furnished Pool View
    Available Units at The Residence Prime
    £598,000
    £1,500/SqM
    Beds 3 Beds
    Baths 3 Baths
    Size 398.28 SqM Size
    Plot Size 228 SqM Plot Size
    Thai Quota Fully Furnished Pool View
    Available Units at The Residence Prime
    £598,000
    £1,500/SqM
    Beds 3 Beds
    Baths 3 Baths
    Size 398.28 SqM Size
    Plot Size 228 SqM Plot Size
    Thai Quota Fully Furnished Pool View
    Available Units at The Residence Prime
    £598,000
    £1,500/SqM
    Beds 3 Beds
    Baths 3 Baths
    Size 398.28 SqM Size
    Plot Size 228 SqM Plot Size
    Thai Quota Fully Furnished Pool View
    Available Units at The Residence Prime
    £598,000
    £1,500/SqM
    Beds 3 Beds
    Baths 3 Baths
    Size 398.28 SqM Size
    Plot Size 246.48 SqM Plot Size
    Thai Quota Fully Furnished Pool View
    Available Units at The Residence Prime
    £598,000
    £1,500/SqM
    Beds 3 Beds
    Baths 3 Baths
    Size 398.28 SqM Size
    Plot Size 228 SqM Plot Size
    Thai Quota Fully Furnished Pool View
    Available Units at The Residence Prime
    £605,000
    £1,520/SqM
    Beds 3 Beds
    Baths 3 Baths
    Size 398.28 SqM Size
    Plot Size 256.96 SqM Plot Size
    Thai Quota Fully Furnished Pool View
    Get notified when new homes are being added to The Residence Prime
    View All (14)

    Loan Calculator

    Payment Plan

    Payment Term
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    £4,560
    1st Installment
    Upon contract signing
    30%
    2nd Installment
    Super Structure
    30%
    3rd Installment
    Topping Out
    20%
    4th Installment
    On handover
    20%

    Frequently Asked Questions

    All kind of pets are allowed at The Residence Prime 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 £227 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 The Residence Prime the required payment for the sinking fund is £11 per square meter based on the size of the indoor area of the property.
    Laguna is the nearest Development from The Residence Prime and it is 3.3 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

    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 The Residence Prime 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

    Payment Term
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    £4,560
    1st Installment
    Upon contract signing
    30%
    2nd Installment
    Super Structure
    30%
    3rd Installment
    Topping Out
    20%
    4th Installment
    On handover
    20%

    Read more here

     

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    Phuket
    Thep Krasattri

    Neighborhood Overview

    Location and Neighborhood

    Street View

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