The Lantern

4.83 (1 Review)

Ko Kaeo, Phuket Town, Phuket

For Sale 1 Unit ฿15,000,000
For Rent 1 Unit ฿56,800
Construction
Jun 2008 Completed
Units
16 Units

The Lantern in Ko Kaeo, Phuket

The Lantern is a house and villa project located in Ko Kaeo, Phuket and was completed in Jun 2008. It has 16 units

About The Lantern

The Lantern, a modern single house project to deliver a unique living experience in a perfect location. The house comes with an elegant exterior design, and the interior spaces to accommodate various functions and live up to "Staying at home is truly relaxing."

The project is located in a prime location where you can truly relax and enjoy yourself every day. The house is fully equipped with amenities and consists of 4 bedrooms, 5 bathrooms, living room, kitchen, and working space decorated in a modern style with an outdoor pool and large external area. Furthermore, the unit area is wisely divided and managed for many purposes to make every day more comfortable.

Project Information
The Lantern is located at 28/9 Thep Krasattri Road, Ko Kaeo, Muang, Phuket. The project has 16 units of a 4-story single detached-house. It was developed by Colours Development in 2008.

House Type and Details
4 Bedrooms, 5 Bathrooms (350 sq.m.)

Project Facilities
Communal pool
Jacuzzi
Parking
24-hour security system

Direction to the Project
To get to the project by car, start from Thao Thep Kasattri Thao Sri Sunthon Monument. Head southeast on Route 4027 for 39 meters. At the roundabout, continue on Thep Krasattri Road (Route 402) and go straight for 4.1 kilometers. Make a U-turn and continue driving for 1.2 kilometers (past Super Cheap Store Koh Kaew branch on your right). Then, turn left for 74 meters. You will find the project on your right-hand side.

Available Units at The Lantern

For Sale 1 For Rent 1
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

Leisure
Leisure
Communal Pool Communal Pool
Jacuzzi Jacuzzi
Convenience
Convenience
Car Parking Car Parking
Safety
Safety
24H Security 24H Security

Management

Common Area Management Fee
Common Area Management Fee
These common area maintenance (CAM) fees are paid by owners for the upkeep of the common areas of condominiums and housing projects. For new residential developments, it is common to pay up to 1-3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿195,000

Frequently asked questions

Frequently asked questions about The Lantern
The common area maintenance fee for properties at The Lantern is a fixed amount of ฿195,000. 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.
Royal Phuket Marina is the nearest Pier from The Lantern and it is 1.1 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

After you have found the right property at The Lantern 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

Reviews

4.8 out of 5 4.83
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Nice place located in the heart of the city.
4.8 Titova Titov, Russia, 1 year ago
My husband and I bought this house because of the location. There are many restaurants and convenience stores nearby. The villa itself made me feel fully rested. The house is very spacious, can accommodate 5-6 members as they feature modern 4 bedrooms and all the necessary equipment. There is a lovely private swimming pool outside. The kitchen is also fully equipped. Living room is decorated with modern quality furniture sets. Moreover, the living area is also surrounded by glass windows that bring natural light that makes me feel comfortable. There is a large car park for 3 cars plus a 24-hour security system. So I think it is worth the price. So impressed!

Phuket

Ko Kaeo

Neighborhood Overview of Ko Kaeo, Phuket

Neighborhood Overview

Location and Neighborhood

Street View


Surrounding area

The Lantern is conveniently located just 810 m from 7-Eleven in PTT, which can be reached within 10 mins. by foot.

There are many other shops situated in the area of The Lantern , the 3 closest being:
- 7-Eleven Si Sunthon Road is 7.4 km away (an approx. drive of 4 mins.)
- Mini Big C is 3.8 km away (an approx. drive of 10 mins.)
- 7-ELEVEN Monument 1 is 5.5 km away (an approx. drive of 5 mins.)

The surrounding area, where The Lantern is situated, offers a wide variety of restaurants. See the closest of them below:
- Teak Trak Subdistrict is 520 m away (a walk of about 7 mins.)
- Saki Kitchen is 340 m away (a walk of about 4 mins.)
- Sakien Kitchen Koh Kaew is 340 m away (a walk of about 4 mins.)

Kowit Clinic Koh Kaew Branch Kowit clinic Koh kaew branch is the nearest health facility, which is 1.4 km away (you can drive there in 2 mins.) from the project, while the closest schools in the proximity of The Lantern are:
- Muslim Witthaya School is 700 m away (about 9 mins. by foot)
- Phuket Proms Sunday Practice is 800 m away (about 10 mins. by foot)
- Mutsalim Witthaya Phuket School is 700 m away (about 9 mins. by foot)

Phuket International Airport is located 24.8 km from The Lantern and it takes about 32 mins. by car or taxi (depending on the traffic) to get there.

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