2 Bedroom Villa for sale at Balina Phuket Rawai Pool Villa

5 (1 Review)
Rawai, Phuket Town,Phuket
Unit ID: U671244
฿11,490,000 Great Price
2 Bedrooms
2 Bathrooms
148 SqM Indoor Area
1 Storeys
Feb 2021 Completed

About This Villa

This property is a 148 SqM villa with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Balina Phuket Rawai Pool Villa project in Rawai, Phuket and was completed in Feb 2021. You can buy this villa for a base price of ฿11,490,000 (฿77,635/SqM).

Features

Private PoolPrivate Pool JacuzziJacuzzi Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking

Basic Information

Property Type Villa (Single Detached)
Storeys 1
Location Rawai, Phuket Town, Phuket
Bedrooms 2
Nearest Landmark Rawai Beach -2.3 Km
Indoor Area 148 SqM
Price per SqM ฿77,635
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 248.92 SqM
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 Completed (Feb 2021)
Furniture
Available for ฿700,000
View(s) Pool View
Unit Type Type B,C,D,F,G,H
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.
N/A
Listed By
Developer
Date Listed Mar 12, 2021
Last Updated 1 month ago
Unit ID U671244

Price Analysis

Good Price
Estimated market value ฿11,617,460
Great
฿11,900,000
Good
Fair
Above
฿11,900,000
Current asking Price: ฿11,490,000
This villa is ฿127,460 BELOW MARKET (-1%) in the Phuket area. It is analyzed against similar villas and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
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Investment Opportunity: Charges & Yield

Sale Price
฿11,490,000

Project Details

Developer: Pure Zen Co., Ltd.
Construction: Completed (Feb 2021)
Units: 8
Project Area: 2,346 SqM
Nearest Landmark Rawai Beach - 2.3 Km
Location: Rawai, Phuket Town, Phuket
Balina Phuket Rawai Pool Villa Project Details

Project Features

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

Available Units at Balina Phuket Rawai Pool Villa

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Payment Plan

Made to order House
Installment Milestone Payment
Reservation Deposit
Immediately
5%
2nd Installment
Sales & Purchase Agreement Sign within 30 days after reservation
25%
3rd Installment
Finished Foundation Post
15%
4th Installment
Finished concrete structure and roof structure
15%
5th Installment
Finished wall
15%
6th Installment
Finished floor finishing, built-in furniture and paint, window and doors frame
15%
7th Installment
On handover
10%
Finished House
Installment Milestone Payment
Reservation Deposit
Immediately
5%
2nd Installment
Sales & Purchase Agreement Sign within 30 days after reservation
45%
3rd Installment
Transfer of ownership
50%

Frequently Asked Questions

Dogs, cats and small pets like rabbits, hamsters and guinea pigs are allowed at Balina Phuket Rawai Pool Villa.
Rawai Beach is the nearest Beach from Balina Phuket Rawai Pool Villa and it is 2.3 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

After you have found the right property at Balina Phuket Rawai Pool Villa you have to follow these steps:

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

Made to order House
Installment Milestone Payment
Reservation Deposit
Immediately
5%
2nd Installment
Sales & Purchase Agreement Sign within 30 days after reservation
25%
3rd Installment
Finished Foundation Post
15%
4th Installment
Finished concrete structure and roof structure
15%
5th Installment
Finished wall
15%
6th Installment
Finished floor finishing, built-in furniture and paint, window and doors frame
15%
7th Installment
On handover
10%
Finished House
Installment Milestone Payment
Reservation Deposit
Immediately
5%
2nd Installment
Sales & Purchase Agreement Sign within 30 days after reservation
45%
3rd Installment
Transfer of ownership
50%

 

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

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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Reviews

5 out of 5 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Good place to spending time with family
5 Kylie P, Canada, 1 year ago
I had the opportunity to stay here during the Songkran festival. This new villa is beautiful and clean with 2 bedrooms and a private swimming pool. In the kitchen, they prepared all basic kitchen equipment, very suitable for a party and to relax with family. The surrounding atmosphere is livable, quiet, and close to various tourist attractions like Rawai Beach, Nai Harn Beach, and Promthep Cape in only a few minute's drive. There is also a Rawai Seafood market that is only 5 minutes away. There, we can buy fresh seafood, or whatever you want at a reasonable price. Unfortunately, COVID 19 is spreading now; otherwise, the road along Rawai Beach would be busier by tourists. The area is just quiet and peaceful, which is quite rare. I like it!
Phuket
Rawai

Neighborhood Overview

Location and Neighborhood

Street View

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