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    5 Bedroom Villa for sale at Utopia Dream Villa
    Rawai, Phuket Town,Phuket
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    Sale Price
    £692,000
    Schedule Viewing

    5 Bedroom Villa for sale at Utopia Dream Villa

    (1 Review)
    Rawai, Phuket Town,Phuket
    Unit ID: U1701602
    5 Bedrooms
    6 Bathrooms
    340.80 SqM Indoor Area
    3 Storeys
    Nov 2022 Completed
    (1 Review)
    Sale Price
    £692,000
    23

    About This Villa

    This property is a 340.80 SqM villa with 5 bedrooms and 6 bathrooms that is available for sale. It is part of the project in Rawai, Phuket and was completed in Nov 2022. You can buy this villa for a base price of £692,000 (£2,030/SqM).

    Features

    Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Corner UnitCorner Unit BalconyBalcony

    Basic Information

    Date Listed Dec 6, 2023
    Updated 11 months ago
    Property Type Villa
    Storeys 3
    Location Rawai, Phuket
    Bedrooms 5
    Nearest Landmark Rawai Beach -1.1 Km
    Indoor Area 340.80 SqM
    Price per SqM £2,030
    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 200 SqM
    Pets Not 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 Completed (Nov 2022)
    Furniture
    Available for £46,300
    View(s) Pool View, Garden View
    Unit Type 5BR
    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.
    £231/mo
    Listed By
    Developer
    Electricity Price Government Rate
    Water Price Government Rate
    Unit ID U1701602

    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.
    £231/mo

    Project Details

    Project Name: Utopia Dream Villa
    Developer: UTOPIA CORPORATION CO LTD
    Construction: Completed (Nov 2022)
    Units: 17
    Project Area: 3,400 SqM
    Nearest Landmark Rawai Beach - 1.1 Km
    Location: Rawai, Phuket
    Utopia Dream Villa Project Details

    Project Features

    On Site Restaurant On Site Restaurant
    Communal Pool Communal Pool
    Communal Gym Communal Gym
    Clubhouse Clubhouse
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Spa Spa
    Onsen Onsen
    Mini Theater Mini Theater
    Communal Garden Area Communal Garden Area

    Available Units at Utopia Dream Villa

    • All
    • 5 Beds
    Get notified when new homes are being added to Utopia Dream Villa
    View All (6)

    Loan Calculator

    Payment Plan

    Installment Milestone Payment
    Reservation Deposit
    Immediately
    £2,310
    Down Payment
    Upon reservation agreement signing
    30%
    1st Installment
    Upon contract signing
    20%
    2nd Installment
    100% construction completion
    30%
    3rd Installment
    On handover
    20%

    Frequently Asked Questions

    No pets are allowed at Utopia Dream Villa unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
    The common area maintenance fee is £1 per square meter based on the plot size of the property and is £231 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 Utopia Dream Villa the required payment for the sinking fund is £12 per square meter based on the size of the plot size of the property.
    Rawai Beach is the nearest Beach from Utopia Dream Villa and it is 1.1 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

    After you have found the right property at Utopia Dream Villa 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
    £2,310
    Down Payment
    Upon reservation agreement signing
    30%
    1st Installment
    Upon contract signing
    20%
    2nd Installment
    100% construction completion
    30%
    3rd Installment
    On handover
    20%


    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

    Reviews

    5 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Interesting Villa
    Luna Petillo, Italy, 4 years ago
    I just saw this project on the website, and I'm excited. The design of the villa looks stylish and unique. It is a two-story house with 2 bedrooms with a living area of 185 sq.m. The room is in proper proportion with a private swimming pool. There are many project facilities, including a spa, swimming pool, gym, restaurants, bars, cinema, and karaoke room. As a member, I can get other benefits from the project, such as staying for free at Utopia hotels, guaranteed rental income, free shuttle bus to the beach, and their chain projects in Phuket. Good location close to Nai Harn Beach, only a 4-minute drive. At the beach, you can find various facilities, shops, and famous restaurants nearby. With its reasonable price, I think the units will be sold out quickly.
    Phuket
    Rawai

    Neighborhood Overview

    Location and Neighborhood

    Street View

    Projects Nearby Utopia Dream Villa

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    Project Name
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    Monthly Rentals
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    Year Built
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    Completion Status
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    Location
    Rawai, Phuket Town, Phuket
    Number of units
    79
    Sales Prices
    £75.2K - £162K
    ▼ -21.5% underpriced
    Monthly Rentals
    £694
    Year Built
    Dec 2019
    Completion Status
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    Project Name
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    Location
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    Number of units
    62
    Sales Prices
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    ▼ -29% underpriced
    Monthly Rentals
    N/A
    Year Built
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    Location
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    Number of units
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    Sales Prices
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    ▼ -41% underpriced
    Monthly Rentals
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    Year Built
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    Completion Status
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    Location
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    Number of units
    22
    Sales Prices
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    Monthly Rentals
    £6.94K
    Year Built
    Jan 2010
    Completion Status
    Completed
    Project Name
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    Location
    Rawai, Phuket Town, Phuket
    Number of units
    119
    Sales Prices
    £76.4K - £148K
    ▼ -11% underpriced
    Monthly Rentals
    £694 - £2.31K
    Year Built
    Aug 2019
    Completion Status
    Completed
    Projects Nearby Utopia Dream Villa
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    The One Naiharn
    Calypso Condo
    ReLife The Windy
    Pearl Condominium
    Naiharn Sea Condominium
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    The Villas Nai Harn Phuket
    Utopia Naiharn
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