Crescent Bay Beachfront Villas

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Wichit, Phuket Town, Phuket
18 Months Made To Order
6 Units
121,714 Sqft Project Area

Overview of Crescent Bay Beachfront Villas in Wichit, Phuket

Crescent Bay Beachfront Villas is a house and villa project located in Wichit, Phuket It has 6 units and was developed by Insaf Phuket Panwa Limited

About Crescent Bay Beachfront Villas

Crescent Bay Beachfront Villas - The modern architectural design, characterized by its simplicity and uniqueness, is intricately intertwined with natural materials, infusing spaces with dimension, proportion, and delicacy. As an integral part of the natural environment, light dynamically shapes the ambiance, metamorphosing to convey the essence of these spaces and the experiences they offer from day to night.

The profound appreciation for light has been a guiding principle in harmonizing the architecture with the residents and Phuket's vast seascape's captivating yet profoundly explored natural surroundings.

Available Units at Crescent Bay Beachfront Villas

Get notified when new homes are being added to Crescent Bay Beachfront Villas
View All (3)
Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Facilities and Floor Plans

Facilities

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

Parking & Lift

Ratio of Parking Spaces to # of Units : 200%
Parking Type : Conventional
Charging Stations on Site : Yes

Management

Common Area Management 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.
$1/SqM
Sinking Fund :
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 $15 per square meter based on the size of the indoor area of the property.
$15/SqM
Electricity Price : Government Rate
Water Price : Government Rate
Pets : All Kind of Pets Allowed

Payment Plan

Term of Payment
Installment Milestone Payment
Reservation Deposit
Immediately
$5,780
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%

Master Plan

About the Developer - Insaf Phuket Panwa Limited

All Insaf Phuket Panwa Limited Projects
1 Project 6 Units

The ISF group has substantially diversified since our beginnings in 1947 as an import home linen distribution business to a highly diversified textile driven conglomerate with interests in manufacturing, trading, retailing, hospitality and real estate.

Since opening our first Jaspal fashion and home retail store in 1976, we now operate over 500 retail outlets dedicated to fashion and footwear, across Thailand, Malaysia, Singapore, Vietnam, Cambodia and Philippines.

Within the dynamic realm of real estate, the ISF Group takes pride in managing a significant portfolio of long term and serviced apartment, including the Somerset Sukhumvit Thonglor, Somerset Maison Asoke Bangkok and Hyatt House Bangkok Asoke. These properties epitomize luxury living in prime locations, offering business and recreational amenities that cater to the lifestyle of discerning international residents. Our commitment to excellence is mirrored in these projects, including the conserved Jungle House, standing as a testament to our ability to blend tradition with modernity, ensuring high-value offerings to the community and contributing significantly to Bangkok's cosmopolitan allure.

We are confident of continued future growth that will allow us to explore and develop more collaborative alliances and new markets.

Frequently Asked Questions

Frequently asked questions about Crescent Bay Beachfront Villas
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 at Crescent Bay Beachfront Villas is $1 per square meter based on the size of the indoor area of the property. This fee has to be paid every month 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 $15 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
$5,780
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
Neighborhood Overview of Wichit, Phuket

Neighborhood Overview

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