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    4 Bedroom Villa for sale at The Teak Phuket Phase 2
    Choeng Thale, Thalang,Phuket
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    Sale Price
    £692,000
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    4 Bedroom Villa for sale at The Teak Phuket Phase 2

     (Write Review)
    Choeng Thale, Thalang,Phuket
    Unit ID: U1962168
    4 Bedrooms
    5 Bathrooms
    373.31 SqM Indoor Area
    2 Storeys
    Jan 2025 Off Plan
     (Write Review)
    Sale Price
    £692,000
    12

    About This Villa

    This property is a 373.31 SqM villa with 4 bedrooms and 5 bathrooms that is available for sale. It is part of the project in Choeng Thale, Phuket and it is scheduled for completion in Jan 2025. You can buy this villa for a base price of £692,000 (£1,850/SqM).

    Features

    Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Maids QuartersMaids Quarters BalconyBalcony BathtubBathtub

    Basic Information

    Date Listed Nov 4, 2024
    Updated N/A
    Property Type Villa
    Storeys 2
    Location Choeng Thale, Phuket
    Bedrooms 4
    Nearest Landmark Bang Tao Beach -2.3 Km
    Indoor Area 373.31 SqM
    Price per SqM £1,850
    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 376.60 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.

    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.

    N/A
    Land Title Deed N/A
    Construction Off Plan (Jan 2025)
    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 D
    Parking Spots 2
    Pool Size 2.90 x 9.30
    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.
    £331/mo
    Listed By
    Developer
    Electricity Price Government Rate
    Water Price Government Rate
    Unit ID U1962168

    Investment Opportunity: Charges & Yield

    Sale Price
    £692,000
    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.
    £331/mo

    Project Details

    Project Name: The Teak Phuket Phase 2
    Developer: CHANYAWEE GROUP CO., LTD.
    Construction: Off Plan (Jan 2025)
    Units: 13
    Project Area: 8,000 SqM
    Nearest Landmark Bang Tao Beach - 2.3 Km
    Location: Choeng Thale, Phuket
    The Teak Phuket Phase 2 Project Details

    Project Features

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

    Available Units at The Teak Phuket Phase 2

    • All
    • 4 Beds
    Get notified when new homes are being added to The Teak Phuket Phase 2
    View All (7)

    Loan Calculator

    Payment Plan

    Installment Milestone Payment
    Reservation Deposit
    Immediately
    2%
    1st Installment
    Deposit with Sales and purchase agreement sign, within 30 days after reservation
    28%
    2nd Installment
    Completion of main structure
    20%
    3rd Installment
    Completion of roof and walls structure
    25%
    4th Installment
    Completion of windows, doors and floor finishing
    15%
    5th Installment
    On handover
    10%

    Frequently Asked Questions

    All kind of pets are allowed at The Teak Phuket Phase 2 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    The common area maintenance fee is £1 per square meter based on the plot size of the property and is £331 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 Teak Phuket Phase 2 the required payment for the sinking fund is a fixed amount of £2,310.
    Bang Tao Beach is the nearest Beach from The Teak Phuket Phase 2 and it is 2.3 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 Teak Phuket Phase 2 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
    Deposit with Sales and purchase agreement sign, within 30 days after reservation
    28%
    2nd Installment
    Completion of main structure
    20%
    3rd Installment
    Completion of roof and walls structure
    25%
    4th Installment
    Completion of windows, doors and floor finishing
    15%
    5th Installment
    On handover
    10%

    Read more here

     

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    Phuket
    Choeng Thale

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