Royal Estate The Park

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Rawai, Phuket Town, Phuket

For Sale 1 Unit
฿13,500,000
Construction
Dec 2004 Completed
Units
16 Units

Royal Estate The Park in Rawai, Phuket

Royal Estate The Park is a house and villa project located in Rawai, Phuket and was completed in Dec 2004. It has 16 units

About Royal Estate The Park

Royal Estate The Park (Phase 1) is a villa development located in Rawai, Phuket, Thailand. It is 2.4km from the beach with 16 villa units completed in January of 2005. It features a swimming pool, a fitness center, a clubhouse, 24-hour security, CCTV.The development is located in a quiet area of Rawai. There is a communal pool at the project and a car port that can accommodate 1 car. Located only 5 km from Rawai beach, 7 km from pristine Nai Harn beach, only 10 km to the most beautiful sunset view point at Promthep cape. This is one of Phuket's more quiet areas and mainly residential with a large expatriate community. Within a few minutes drive there are great restaurants, a western market, local art galleries, chic rustic coffee shops, saunas and just enough night life including live music.

Available Units at Royal Estate The Park

Previous Sales (Secondary Market) at Royal Estate The Park

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
Clubhouse Clubhouse
Fitness
Fitness
Communal Gym Communal Gym
Safety
Safety
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)

Frequently asked questions

Frequently asked questions about Royal Estate The Park
All kind of pets are allowed at Royal Estate The Park including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Rawai Beach is the nearest Beach from Royal Estate The Park and it is 2.1 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 Royal Estate The Park you have to follow these steps:

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


 

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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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Phuket

Rawai

Neighborhood Overview of Rawai, Phuket

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