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    4 Bedroom Villa for sale at Erawana Grand
    Choeng Thale, Thalang,Phuket
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    Sale Price
    £1,390,000
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    4 Bedroom Villa for sale at Erawana Grand

     (Write Review)
    Choeng Thale, Thalang,Phuket
    Unit ID: U1628488
    4 Bedrooms
    5 Bathrooms
    533 SqM Indoor Area
    1 Storeys
    Apr 2024 Completed
     (Write Review)
    Sale Price
    £1,390,000
    12

    About This Villa

    This property is a 533 SqM villa with 4 bedrooms and 5 bathrooms that is available for sale. It is part of the project in Choeng Thale, Phuket and was completed in Apr 2024. You can buy this villa for a base price of £1,390,000 (£2,600/SqM).

    Features

    Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Full Western KitchenFull Western Kitchen BathtubBathtub

    Basic Information

    Date Listed Jun 26, 2023
    Updated 1 year ago
    Property Type Villa
    Storeys 1
    Location Choeng Thale, Phuket
    Bedrooms 4
    Nearest Landmark Thalang Victory Monument -1.7 Km
    Indoor Area 533 SqM
    Price per SqM £2,600
    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 702 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 Completed (Apr 2024)
    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.
    Available for £1,370,000
    View(s) Pool View, Garden View
    Unit Type 4BR
    Parking Spots 2
    Pool Size 4.5m x 12m
    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.
    £280/mo
    Listed By
    Developer
    Electricity Price Government Rate
    Water Price Government Rate
    Unit ID U1628488

    Investment Opportunity: Charges & Yield

    Sale Price
    £1,390,000
    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.
    £280/mo

    Project Details

    Project Name: Erawana Grand
    Developer: Erawana
    Construction: Completed (Apr 2024)
    Units: 10
    Project Area: 6,800 SqM
    Nearest Landmark Thalang Victory Monument - 1.7 Km
    Location: Choeng Thale, Phuket
    Erawana Grand 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 Erawana Grand

    • All
    • 4 Beds
    Get notified when new homes are being added to Erawana Grand
    View All (7)

    Loan Calculator

    Payment Plan

    Installment Milestone Payment
    Reservation Deposit
    Immediately
    £11,700
    1st Installment
    Upon contract signing
    30%
    2nd Installment
    Upon completion of Foundation
    15%
    3rd Installment
    Upon completion of Structure up to roof height
    15%
    4th Installment
    Upon completion of Unit fit-out
    15%
    5th Installment
    Upon completion of Unit inspection
    15%
    6th Installment
    On handover
    10%

    Frequently Asked Questions

    All kind of pets are allowed at Erawana Grand including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    The common area maintenance fee for properties at Erawana Grand is a fixed amount of £280. 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 Erawana Grand the required payment for the sinking fund is a fixed amount of £3,500.
    Thalang Victory Monument is the nearest Tourist Attraction from Erawana Grand and it is 1.7 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 Erawana Grand 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
    £11,700
    1st Installment
    Upon contract signing
    30%
    2nd Installment
    Upon completion of Foundation
    15%
    3rd Installment
    Upon completion of Structure up to roof height
    15%
    4th Installment
    Upon completion of Unit fit-out
    15%
    5th Installment
    Upon completion of Unit inspection
    15%
    6th Installment
    On handover
    10%


    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
    Choeng Thale

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