Unit ID: U1703468
Thep Krasattri, Thalang,Phuket
$563,000 $621,000
3 Bedrooms
3.5
Bathrooms
3,531 Sqft
Indoor Area
1
Storeys
18 Months
Made To Order

About This Villa

This property is a 3,531 Sqft villa with 3 bedrooms and 3.5 bathrooms that is available for sale. It is part of the project in Thep Krasattri, Phuket and will be built within 18 months of purchase. You can buy this villa for a base price of $563,000 ($160/Sqft).

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Gardening IncludedGardening Included Pool Cleaning IncludedPool Cleaning Included

Basic Information

Date Listed Dec 12, 2023
Updated 11 months ago
Property Type Villa
Storeys 1
Location Thep Krasattri, Phuket
Bedrooms 3
Nearest Landmark Thalang Victory Monument -1.5 Km
Indoor Area 3,531 Sqft
Price per Sqft $160
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 5,042 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, Company
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
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) Pool View, Garden View
Unit Type 3BR
Parking Spots 2
Pool Size 9m x 4m
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.
$487/mo
Listed By
Developer
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1703468

Investment Opportunity: Charges & Yield

Sale Price
$563,000
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.
$487/mo

Project Details

Project Name: Mono Champaca
Construction: Made To Order (18 Months)
Units: 15
Project Area: 447,779 Sqft
Nearest Landmark Thalang Victory Monument - 1.5 Km
Location: Thep Krasattri, Phuket
Mono Champaca Project Details

Project Features

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

Available Units at Mono Champaca

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Payment Plan

Payment Plan
Installment Milestone Payment
Reservation Deposit
Immediately
2%
1st Installment
Upon contract signing
23%
2nd Installment
Completion of Piling & Foundation
15%
3rd Installment
Completion of Main Structure
15%
4th Installment
Completion of Roof, Walls and Patitions
15%
5th Installment
Completion of Floor Tiles and Wall Tiles
15%
6th Installment
On handover
15%

Frequently Asked Questions

All kind of pets are allowed at Mono Champaca including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
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 Mono Champaca the required payment for the sinking fund is $6 per square meter based on the size of the plot size of the property.
Thalang Victory Monument is the nearest Tourist Attraction from Mono Champaca 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 Mono Champaca 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

Payment Plan
Installment Milestone Payment
Reservation Deposit
Immediately
2%
1st Installment
Upon contract signing
23%
2nd Installment
Completion of Piling & Foundation
15%
3rd Installment
Completion of Main Structure
15%
4th Installment
Completion of Roof, Walls and Patitions
15%
5th Installment
Completion of Floor Tiles and Wall Tiles
15%
6th Installment
On handover
15%

Read more here

 

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Phuket
Thep Krasattri

Neighborhood Overview

Location and Neighborhood

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