Unit ID: U1397992
Thep Krasattri, Thalang,Phuket
$766,000
3 Bedrooms
3
Bathrooms
4,287 Sqft
Indoor Area
2
Storeys
Jan 2025
Off Plan

About This Villa

This property is a 4,287 Sqft villa with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Thep Krasattri, Phuket and it is scheduled for completion in Jan 2025. You can buy this villa for a base price of $766,000 ($179/Sqft).

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Full Western KitchenFull Western Kitchen BathtubBathtub MicrowaveMicrowave OvenOven TVTV

Basic Information

Date Listed Apr 21, 2023
Updated 1 year ago
Property Type Villa (Single Detached)
Storeys 2
Location Thep Krasattri, Phuket
Bedrooms 3
Nearest Landmark Laguna -3.3 Km
Indoor Area 4,287 Sqft
Price per Sqft $179
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 2,454 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, 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 Off Plan (Jan 2025)
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 3BR
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.
$291/mo
Listed By
Developer
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1397992

Investment Opportunity: Charges & Yield

Sale Price
$766,000
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.
$291/mo

Project Details

Project Name: The Residence Prime
Construction: Off Plan (Jan 2025)
Units: 28
Project Area: 324,995 Sqft
Nearest Landmark Laguna - 3.3 Km
Location: Thep Krasattri, Phuket
The Residence Prime Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Reception / Lobby Area Reception / Lobby Area
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Communal Garden Area Communal Garden Area

Available Units at The Residence Prime

Available Units at The Residence Prime
$766,000
$179/Sqft
Beds 3 Beds
Baths 3 Baths
Size 4,287 Sqft Size
Plot Size 2,454 Sqft Plot Size
Thai Quota Fully Furnished Pool View
Available Units at The Residence Prime
$766,000
$179/Sqft
Beds 3 Beds
Baths 3 Baths
Size 4,287 Sqft Size
Plot Size 2,454 Sqft Plot Size
Thai Quota Fully Furnished Pool View
Available Units at The Residence Prime
$766,000
$179/Sqft
Beds 3 Beds
Baths 3 Baths
Size 4,287 Sqft Size
Plot Size 2,454 Sqft Plot Size
Thai Quota Fully Furnished Pool View
Available Units at The Residence Prime
$766,000
$179/Sqft
Beds 3 Beds
Baths 3 Baths
Size 4,287 Sqft Size
Plot Size 2,454 Sqft Plot Size
Thai Quota Fully Furnished Pool View
Available Units at The Residence Prime
$766,000
$179/Sqft
Beds 3 Beds
Baths 3 Baths
Size 4,287 Sqft Size
Plot Size 2,454 Sqft Plot Size
Thai Quota Fully Furnished Pool View
Available Units at The Residence Prime
$766,000
$179/Sqft
Beds 3 Beds
Baths 3 Baths
Size 4,287 Sqft Size
Plot Size 2,454 Sqft Plot Size
Thai Quota Fully Furnished Pool View
Available Units at The Residence Prime
$766,000
$179/Sqft
Beds 3 Beds
Baths 3 Baths
Size 4,287 Sqft Size
Plot Size 2,454 Sqft Plot Size
Thai Quota Fully Furnished Pool View
Available Units at The Residence Prime
$766,000
$179/Sqft
Beds 3 Beds
Baths 3 Baths
Size 4,287 Sqft Size
Plot Size 2,454 Sqft Plot Size
Thai Quota Fully Furnished Pool View
Available Units at The Residence Prime
$766,000
$179/Sqft
Beds 3 Beds
Baths 3 Baths
Size 4,287 Sqft Size
Plot Size 2,454 Sqft Plot Size
Thai Quota Fully Furnished Pool View
Available Units at The Residence Prime
$766,000
$179/Sqft
Beds 3 Beds
Baths 3 Baths
Size 4,287 Sqft Size
Plot Size 2,454 Sqft Plot Size
Thai Quota Fully Furnished Pool View
Available Units at The Residence Prime
$766,000
$179/Sqft
Beds 3 Beds
Baths 3 Baths
Size 4,287 Sqft Size
Plot Size 2,454 Sqft Plot Size
Thai Quota Fully Furnished Pool View
Available Units at The Residence Prime
$766,000
$179/Sqft
Beds 3 Beds
Baths 3 Baths
Size 4,287 Sqft Size
Plot Size 2,653 Sqft Plot Size
Thai Quota Fully Furnished Pool View
Available Units at The Residence Prime
$766,000
$179/Sqft
Beds 3 Beds
Baths 3 Baths
Size 4,287 Sqft Size
Plot Size 2,454 Sqft Plot Size
Thai Quota Fully Furnished Pool View
Available Units at The Residence Prime
$775,000
$181/Sqft
Beds 3 Beds
Baths 3 Baths
Size 4,287 Sqft Size
Plot Size 2,766 Sqft Plot Size
Thai Quota Fully Furnished Pool View
Get notified when new homes are being added to The Residence Prime
View All (14)

Loan Calculator

Payment Plan

Payment Term
Installment Milestone Payment
Reservation Deposit
Immediately
$5,850
1st Installment
Upon contract signing
30%
2nd Installment
Super Structure
30%
3rd Installment
Topping Out
20%
4th Installment
On handover
20%

Frequently Asked Questions

All kind of pets are allowed at The Residence Prime 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 $291 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 The Residence Prime the required payment for the sinking fund is $15 per square meter based on the size of the indoor area of the property.
Laguna is the nearest Development from The Residence Prime and it is 3.3 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 The Residence Prime 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 Term
Installment Milestone Payment
Reservation Deposit
Immediately
$5,850
1st Installment
Upon contract signing
30%
2nd Installment
Super Structure
30%
3rd Installment
Topping Out
20%
4th Installment
On handover
20%

Read more here

 

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Phuket
Thep Krasattri

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Residence Prime

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Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
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Number of units
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Thep Krasattri, Thalang, Phuket
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Sales Prices
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Monthly Rentals
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Sales Prices
$496.85K - $756.96K
Monthly Rentals
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Year Built
Jan 2014
Completion Status
Completed
Location
Thep Krasattri, Thalang, Phuket
Number of units
16
Sales Prices
$964.47K
▼ -12.5% underpriced
Monthly Rentals
$7.31K - $9.64K
Year Built
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Completion Status
Completed
Location
Thep Krasattri, Thalang, Phuket
Number of units
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Sales Prices
$292.26K
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Year Built
May 2006
Completion Status
Completed
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