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    5 Bedroom Villa for sale at Crescent Bay Beachfront Villas
    Wichit, Phuket Town,Phuket
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    Sale Price
    £2,950,000
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    5 Bedroom Villa for sale at Crescent Bay Beachfront Villas

     (Write Review)
    Wichit, Phuket Town,Phuket
    Unit ID: U1938156
    5 Bedrooms
    5 Bathrooms
    908.67 SqM Indoor Area
    3 Storeys
    18 Months Made To Order
     (Write Review)
    Sale Price
    £2,950,000
    7

    About This Villa

    This property is a 908.67 SqM villa with 5 bedrooms and 5 bathrooms that is available for sale. It is part of the project in Wichit, Phuket and will be built within 18 months of purchase. You can buy this villa for a base price of £2,950,000 (£3,240/SqM).

    Features

    Beach AccessBeach Access Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Full Western KitchenFull Western Kitchen

    Basic Information

    Date Listed Sep 23, 2024
    Updated 1 month ago
    Property Type Villa (Single Detached)
    Storeys 3
    Location Wichit, Phuket
    Bedrooms 5
    Nearest Landmark Cape Panwa -0.1 Km
    Indoor Area 908.67 SqM
    Price per SqM £3,240
    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 898 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.

    Foreign Ownership, 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 Made To Order (18 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) Sea View, Mountain View, Pool View, Garden View
    Unit Type 5BR
    Parking Spots 2
    Pool Size 18m x 5m
    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.
    £830/mo
    Listed By
    Developer
    Electricity Price Government Rate
    Water Price Government Rate
    Unit ID U1938156

    Investment Opportunity: Charges & Yield

    Sale Price
    £2,950,000
    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.
    £830/mo

    Project Details

    Project Name: Crescent Bay Beachfront Villas
    Developer: Insaf Phuket Panwa Limited
    Construction: Made To Order (18 Months)
    Units: 6
    Project Area: 11,308 SqM
    Nearest Landmark Cape Panwa - 0.1 Km
    Location: Wichit, Phuket
    Crescent Bay Beachfront Villas Project Details

    Project Features

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

    Available Units at Crescent Bay Beachfront Villas

    • All
    • 5 Beds
    Get notified when new homes are being added to Crescent Bay Beachfront Villas
    View All (3)

    Loan Calculator

    Payment Plan

    Term of Payment
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    £4,570
    1st Installment
    30 days after contract signing
    15%
    2nd Installment
    Completion of foundation
    15%
    3rd Installment
    Completion of concrete structure
    15%
    4th Installment
    Completion of walls and rooftiles
    15%
    5th Installment
    Completion of villa interior & tting
    20%
    6th Installment
    On handover
    20%

    Frequently Asked Questions

    All kind of pets are allowed at Crescent Bay Beachfront Villas 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 £830 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 Crescent Bay Beachfront Villas the required payment for the sinking fund is £11 per square meter based on the size of the plot size of the property.
    Cape Panwa is the nearest Town from Crescent Bay Beachfront Villas and it is 0.1 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 Crescent Bay Beachfront Villas 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

    Term of Payment
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    £4,570
    1st Installment
    30 days after contract signing
    15%
    2nd Installment
    Completion of foundation
    15%
    3rd Installment
    Completion of concrete structure
    15%
    4th Installment
    Completion of walls and rooftiles
    15%
    5th Installment
    Completion of villa interior & tting
    20%
    6th Installment
    On handover
    20%

    Read more here

     

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    Phuket
    Wichit

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