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    4 Bedroom Villa for sale at Island Collection
    Choeng Thale, Thalang,Phuket
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    Sale Price
    £1,710,000
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    4 Bedroom Villa for sale at Island Collection

     (Write Review)
    Choeng Thale, Thalang,Phuket
    Unit ID: U1700842
    4 Bedrooms
    5 Bathrooms
    907 SqM Indoor Area
    2 Storeys
    Off Plan
     (Write Review)
    Sale Price
    £1,710,000
    6

    About This Villa

    This property is a 907 SqM villa with 4 bedrooms and 5 bathrooms that is available for sale. It is part of the project in Choeng Thale, Phuket. You can buy this villa for a base price of £1,710,000 (£1,890/SqM).

    Features

    Wet BarWet Bar Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

    Basic Information

    Date Listed Dec 4, 2023
    Updated 11 months ago
    Property Type Villa
    Storeys 2
    Location Choeng Thale, Phuket
    Bedrooms 4
    Nearest Landmark Laguna Golf Phuket Club -1.3 Km
    Indoor Area 907 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 1,127 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
    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 4BR
    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.
    £817/mo
    Listed By
    Developer
    Electricity Price Government Rate
    Water Price Government Rate
    Unit ID U1700842

    Investment Opportunity: Charges & Yield

    Sale Price
    £1,710,000
    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.
    £817/mo

    Project Details

    Project Name: Island Collection
    Developer: Dynasty Stone
    Construction: Off Plan
    Units: 9
    Project Area: 7,620 SqM
    Nearest Landmark Laguna Golf Phuket Club - 1.3 Km
    Location: Choeng Thale, Phuket
    Island Collection Project Details

    Project Features

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

    Available Units at Island Collection

    • All
    • 4 Beds
    Get notified when new homes are being added to Island Collection
    View All (2)

    Loan Calculator

    Payment Plan

    Installment Milestone Payment
    Reservation Deposit
    Immediately
    2%
    2nd Installment
    Sale & Purchase Agreement within 30 days after reservation
    28%
    3rd Installment
    Foundation Completion
    25%
    4th Installment
    Roof Structure Completion
    20%
    5th Installment
    Walls Completion
    10%
    6th Installment
    Floor Finishing, Installation of windows and door frames
    10%
    7th Installment
    Land & Villa Transfer
    5%

    Frequently Asked Questions

    All kind of pets are allowed at Island Collection 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 £817 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 Island Collection the required payment for the sinking fund is £11 per square meter based on the size of the indoor area of the property.
    Laguna Golf Phuket Club is the nearest Golf from Island Collection and it is 1.3 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 Island Collection 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%
    2nd Installment
    Sale & Purchase Agreement within 30 days after reservation
    28%
    3rd Installment
    Foundation Completion
    25%
    4th Installment
    Roof Structure Completion
    20%
    5th Installment
    Walls Completion
    10%
    6th Installment
    Floor Finishing, Installation of windows and door frames
    10%
    7th Installment
    Land & Villa Transfer
    5%

    Read more here

     

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    Phuket
    Choeng Thale

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