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    3 Bedroom Villa for sale at Fifth Element
    Choeng Thale, Thalang,Phuket
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    Sale Price
    $1,020,000
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    3 Bedroom Villa for sale at Fifth Element
    (1 Review)
    Unit ID: U1982178
    Choeng Thale, Thalang,Phuket
    $1,020,000
    3 Bedrooms
    3
    Bathrooms
    3,983 Sqft
    Indoor Area
    2
    Storeys
    12 Months
    Made To Order
    10
    Sale Price
    $1,020,000

    About This Villa

    This property is a 3,983 Sqft villa with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Choeng Thale, Phuket and will be built within 12 months of purchase. You can buy this villa for a base price of $1,020,000 ($255/Sqft).

    Features

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

    Basic Information

    Date Listed Dec 9, 2024
    Updated 1 week ago
    Property Type Villa (Single Detached)
    Storeys 2
    Location Choeng Thale, Phuket
    Bedrooms 3
    Nearest Landmark Bang Tao Beach -1.5 Km
    Indoor Area 3,983 Sqft
    Price per Sqft $255
    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 4,026 Sqft
    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
    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
    Land Title Deed N/A
    Construction Made To Order (12 Months)
    Furniture
    A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
    Fully Furnished
    View(s) Pool View, Garden View
    Unit Type A2
    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.
    $103/mo
    Listed By
    Developer
    Electricity Price N/A
    Water Price N/A
    Unit ID U1982178

    Investment Opportunity: Charges & Yield

    Sale Price
    $1,020,000
    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.
    $103/mo

    Project Details

    Project Name: Fifth Element
    Developer: Art House Group
    Construction: Made To Order (12 Months)
    Units: 17
    Project Area: 82,667 Sqft
    Nearest Landmark Bang Tao Beach - 1.5 Km
    Location: Choeng Thale, Phuket
    Fifth Element Project Details

    Project Features

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

    Available Units at Fifth Element

    • All
    • 3 Beds
    Get notified when new homes are being added to Fifth Element
    View All (2)

    Loan Calculator

    Payment Plan

    Installment Milestone Payment
    Deposit
    Immediately
    $4,390
    1st Installment
    Upon contract signing
    35%
    2nd Installment
    Land plot preparation
    5%
    3rd Installment
    Completion footing and foundation
    10%
    4th Installment
    Completion of main structure
    15%
    5th Installment
    Completion of window and partition
    15%
    6th Installment
    Completion of floor tile and finishing
    10%
    7th Installment
    Completion of villa and move in
    5%
    8th Installment
    On handover
    5%

    Frequently Asked Questions

    All kind of pets are allowed at Fifth Element including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    The common area maintenance fee for properties at Fifth Element is a fixed amount of $103. This amount 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.
    Bang Tao Beach is the nearest Beach from Fifth Element and it is 1.5 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 Fifth Element 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
    Deposit
    Immediately
    $4,390
    1st Installment
    Upon contract signing
    35%
    2nd Installment
    Land plot preparation
    5%
    3rd Installment
    Completion footing and foundation
    10%
    4th Installment
    Completion of main structure
    15%
    5th Installment
    Completion of window and partition
    15%
    6th Installment
    Completion of floor tile and finishing
    10%
    7th Installment
    Completion of villa and move in
    5%
    8th Installment
    On handover
    5%

    Read more here

     

    Reviews

    4.7 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    The villa is beautifully modern and unique.
    Sonya W., United States, 3 years ago
    The villa is beautifully modern and unique. It seems to be larger than 350 square meters, has 3 bedrooms and 4 bathrooms. Considering its size, I would call it a mansion. The villa is also decorated with built-in furniture. At the front, there is a swimming pool and a private garden suitable for living in a large family and very livable as the dream home of many people for sure. Unfortunately, the facilities are almost nothing except for the security system. Yet it is a good place to stay because the location is excellent, close to Laguna Phuket, Porto de Phuket and Villa Market. Everything is comfortable.
    Phuket
    Choeng Thale

    Neighborhood Overview

    Location and Neighborhood

    Street View

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