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    3 Bedroom Villa for sale at Wallaya Grand Residence
    Kamala, Kathu,Phuket
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    Sale Price
    $497,000
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    3 Bedroom Villa for sale at Wallaya Grand Residence
     (Write Review)
    Unit ID: U1146854
    Kamala, Kathu,Phuket
    $497,000
    3 Bedrooms
    3
    Bathrooms
    4,327 Sqft
    Indoor Area
    2
    Storeys
    Jul 2017
    Completed
    19
    Sale Price
    $497,000

    About This Villa

    This property is a 4,327 Sqft villa with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Kamala, Phuket and was completed in Jul 2017. You can buy this villa for a base price of $497,000 ($115/Sqft).

    Features

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

    Basic Information

    Date Listed Sep 6, 2022
    Updated 9 months ago
    Property Type Villa (Single Detached)
    Storeys 2
    Location Kamala, Phuket
    Bedrooms 3
    Nearest Landmark Phuket Fantasea -1.4 Km
    Indoor Area 4,327 Sqft
    Price per Sqft $115
    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 4,478 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.

    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.

    Company
    Land Title Deed N/A
    Construction Completed (Jul 2017)
    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) Mountain View, Pool View, Garden View
    Unit Type N/A
    Parking Spots 1
    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.
    $245/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1146854

    Investment Opportunity: Charges & Yield

    Sale Price
    $497,000
    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.
    $245/mo

    Project Details

    Project Name: Wallaya Grand Residence
    Developer: Phuket Exclusive
    Construction: Completed (Jul 2017)
    Units: 4
    Project Area: N/A
    Nearest Landmark Phuket Fantasea - 1.4 Km
    Location: Kamala, Phuket
    Wallaya Grand Residence Project Details

    Project Features

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

    Available Units at Wallaya Grand Residence

    • All
    • 3 Beds
    Get notified when new homes are being added to Wallaya Grand Residence
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    Frequently Asked Questions

    All kind of pets are allowed at Wallaya Grand Residence including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    The common area maintenance fee is $1 per square meter based on the plot size of the property and is $245 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 Wallaya Grand Residence the required payment for the sinking fund is a fixed amount of $883.
    Phuket Fantasea is the nearest Tourist Attraction from Wallaya Grand Residence and it is 1.4 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 Wallaya Grand Residence you have to follow these steps:

    • - Agreement of terms and conditions
    • - Reservation Agreement
    • - Reservation Deposit
    • - Sales and Purchase Agreement
    • - Settlement & Transfer


    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

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    Kamala

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