Utopia Maikhao

4.17 (1 Review)

Mai Khao, Thalang,Phuket

Unit ID: U73698
6% GUAR. RETURN FOR 3 YEARS
฿12,000,000 Great Price
Bedroom
2 Bedrooms
Bathroom
2.5 Bathrooms
Indoor Area
155.20 SqM Indoor Area
Stairs
2 Storeys
Construction
Dec 2020 Completed

2 Bedroom Villa for sale at Utopia Maikhao

This property is a 155.20 SqM villa with 2 bedrooms and 2.5 bathrooms that is available for sale. It is part of the Utopia Maikhao project in Mai Khao, Phuket and was completed in Dec 2020. You can buy this villa for a base price of ฿12,000,000 (฿77,320/SqM).

Features

Pool AccessPool Access Private GardenPrivate Garden TerraceTerrace BalconyBalcony

Basic Information

Property Type Villa
Storeys 2
Location Mai Khao, Thalang, Phuket
Bedrooms 2
Nearest Landmark Mai Khao Beach -4.3 Km
Indoor Area 155.20 SqM
Price per SqM ฿77,320
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 82 SqM
Villa Ownership

Foreign nationals can own the building (villa) in their own name but not the land that it stands on.

Foreign Ownership, Thai Ownership
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.

Leasehold
Land Title Deed N/A
Construction Completed (Dec 2020)
Furniture
Available for ฿500,000
View(s) Pool View
Unit Type Villa Zone A
Parking Spots N/A
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.
฿7,760/mo
Listed By
Developer
Date Listed May 4, 2018
Last Updated 3 months ago
Unit ID U73698

Price Analysis

Great Price
Estimated market value ฿15,337,405
Great
฿10,700,000
Good
Fair
Above
฿16,300,000
Current asking Price: ฿12,000,000
This villa is ฿3,337,405 BELOW MARKET (-22%) 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.
Powered by FazWaz AVM

Investment Opportunity: Charges & Yield

Sale Price
฿12,000,000
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.
฿7,760/mo
Price-to-Rent Ratio
The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
17
Guaranteed Rental Return
6%
Guarantee Duration
3 Years

Project Details

Project Name: Utopia Maikhao
Construction: Completed (Dec 2020)
Units: 92
Project Area: 36,800 SqM
Nearest Landmark Mai Khao Beach - 4.3 Km
Location: Mai Khao, Thalang, Phuket
Utopia Maikhao Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
Bar Bar
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Shuttle Bus Shuttle Bus

Popular Facilities at Utopia Maikhao

  • Communal Pool
    Ground Floor

Available Units at Utopia Maikhao

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Available Units at Utopia Maikhao
฿101,351
Good Price
Beds 2 Beds
Baths 2 Baths
Size 148 SqM Size
Plot Size 95.30 SqM Plot Size
Unfurnished Garden View
Favorite
Compare
Available Units at Utopia Maikhao
฿77,320
Great Price
Beds 2 Beds
Baths 2 Baths
Size 155.20 SqM Size
Plot Size 82 SqM Plot Size
Unfurnished Pool View
Favorite
Compare
Available Units at Utopia Maikhao
฿77,320
Great Price
Beds 2 Beds
Baths 2 Baths
Size 155.20 SqM Size
Plot Size 82 SqM Plot Size
Unfurnished Pool View
Favorite
Compare
Available Units at Utopia Maikhao
฿101,351
Good Price
Beds 2 Beds
Baths 2 Baths
Size 148 SqM Size
Plot Size 95.30 SqM Plot Size
Unfurnished Garden View
Favorite
Compare
Available Units at Utopia Maikhao
฿101,351
Good Price
Beds 2 Beds
Baths 2 Baths
Size 148 SqM Size
Plot Size 95.30 SqM Plot Size
Unfurnished Garden View
Favorite
Compare
Available Units at Utopia Maikhao
฿77,320
Great Price
Beds 2 Beds
Baths 2 Baths
Size 155.20 SqM Size
Plot Size 82 SqM Plot Size
Unfurnished Pool View
Favorite
Compare
Available Units at Utopia Maikhao
฿101,351
Good Price
Beds 2 Beds
Baths 2 Baths
Size 148 SqM Size
Plot Size 95.30 SqM Plot Size
Unfurnished Garden View
Favorite
Compare
Available Units at Utopia Maikhao
฿101,351
Good Price
Beds 2 Beds
Baths 2 Baths
Size 148 SqM Size
Plot Size 95.30 SqM Plot Size
Unfurnished Garden View
Favorite
Compare
Available Units at Utopia Maikhao
฿101,351
Good Price
Beds 2 Beds
Baths 2 Baths
Size 148 SqM Size
Plot Size 95.30 SqM Plot Size
Unfurnished Garden View
Favorite
Compare
Available Units at Utopia Maikhao
฿77,320
Great Price
Beds 2 Beds
Baths 2 Baths
Size 155.20 SqM Size
Plot Size 82 SqM Plot Size
Unfurnished Pool View
Favorite
Compare
Available Units at Utopia Maikhao
฿77,320
Great Price
Beds 2 Beds
Baths 2 Baths
Size 155.20 SqM Size
Plot Size 82 SqM Plot Size
Unfurnished Pool View
Favorite
Compare
Available Units at Utopia Maikhao
฿101,351
Good Price
Beds 2 Beds
Baths 2 Baths
Size 148 SqM Size
Plot Size 95.30 SqM Plot Size
Unfurnished Garden View
Favorite
Compare
Available Units at Utopia Maikhao
฿101,351
Good Price
Beds 2 Beds
Baths 2 Baths
Size 148 SqM Size
Plot Size 95.30 SqM Plot Size
Unfurnished Garden View
Favorite
Compare
Available Units at Utopia Maikhao
฿101,351
Good Price
Beds 2 Beds
Baths 2 Baths
Size 148 SqM Size
Plot Size 95.30 SqM Plot Size
Unfurnished Garden View
Favorite
Compare
Available Units at Utopia Maikhao
฿101,351
Good Price
Beds 2 Beds
Baths 2 Baths
Size 148 SqM Size
Plot Size 95.30 SqM Plot Size
Unfurnished Garden View
Favorite
Compare
Available Units at Utopia Maikhao
฿101,351
Good Price
Beds 2 Beds
Baths 2 Baths
Size 148 SqM Size
Plot Size 95.30 SqM Plot Size
Unfurnished Garden View
Favorite
Compare
Available Units at Utopia Maikhao
฿77,320
Great Price
Beds 2 Beds
Baths 2 Baths
Size 155.20 SqM Size
Plot Size 82 SqM Plot Size
Unfurnished Pool View
Favorite
Compare
Available Units at Utopia Maikhao
฿77,320
Great Price
Beds 2 Beds
Baths 2 Baths
Size 155.20 SqM Size
Plot Size 82 SqM Plot Size
Unfurnished Pool View
Favorite
Compare
Available Units at Utopia Maikhao
฿101,351
Good Price
Beds 2 Beds
Baths 2 Baths
Size 148 SqM Size
Plot Size 95.30 SqM Plot Size
Unfurnished Garden View
Favorite
Compare
Available Units at Utopia Maikhao
฿90,909
Great Price
Beds 3 Beds
Baths 4 Baths
Size 220 SqM Size
Plot Size 374 SqM Plot Size
Unfurnished Sea View
Favorite
Compare
Available Units at Utopia Maikhao
฿77,320
Great Price
Beds 2 Beds
Baths 2 Baths
Size 155.20 SqM Size
Plot Size 82 SqM Plot Size
Unfurnished Pool View
Favorite
Compare
Available Units at Utopia Maikhao
฿77,320
Great Price
Beds 2 Beds
Baths 2 Baths
Size 155.20 SqM Size
Plot Size 82 SqM Plot Size
Unfurnished Pool View
Favorite
Compare
Available Units at Utopia Maikhao
฿90,909
Beds 3 Beds
Baths 4 Baths
Size 220 SqM Size
Plot Size 374 SqM Plot Size
Unfurnished Sea View
Favorite
Compare
Available Units at Utopia Maikhao
฿77,320
Great Price
Beds 2 Beds
Baths 2 Baths
Size 155.20 SqM Size
Plot Size 82 SqM Plot Size
Unfurnished Pool View
Favorite
Compare
Available Units at Utopia Maikhao
฿77,320
Great Price
Beds 2 Beds
Baths 2 Baths
Size 155.20 SqM Size
Plot Size 82 SqM Plot Size
Unfurnished Pool View
Favorite
Compare
Available Units at Utopia Maikhao
฿101,351
Good Price
Beds 2 Beds
Baths 2 Baths
Size 148 SqM Size
Plot Size 95.30 SqM Plot Size
Unfurnished Garden View
Get notified when new homes are being added to Utopia Maikhao

Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
Down Payment
Upon reservation agreement signing
20%
1st Installment
Upon contract signing
30%
2nd Installment
100% construction completion
30%
3rd Installment
On handover
20%

Frequently asked questions

No pets are allowed at Utopia Maikhao unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
The common area maintenance fee is ฿50 per square meter based on the size of indoor area of the property and is ฿7,760 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 Utopia Maikhao the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Utopia Maikhao offers a guaranteed rental return of 6% (based on the purchase price of the property) for a duration of 3 Years.
Read more here.
Mai Khao Beach is the nearest Beach from Utopia Maikhao and it is 4.3 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 Utopia Maikhao you have to follow these steps:

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

Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
Down Payment
Upon reservation agreement signing
20%
1st Installment
Upon contract signing
30%
2nd Installment
100% construction completion
30%
3rd Installment
On handover
20%

 

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

4.2 out of 5 4.17
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The location is great and suitable for investment
4.2 Nathan Mcloughlin, Germany, 1 year ago
It is a spacious villa project that seems a large kingdom from Utopia affiliated projects. I think it's worth investing because there are many benefits and I think it's worth it. The location is great and suitable as a vacation home for investment. Now, it's not 100% completed yet, but I think it would be gorgeous when it is finished. Traveling is convenient and not far from the 5-star hotels and Mai Khao Beach. Anyway, it is quite far from Phuket Town, about 30 kilometers. It only takes about 10-15 minutes, and there is also a shuttle service to many places as well.

Phuket

Mai Khao

Neighborhood Overview

Location and Neighborhood

Street View

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