3 Bedroom Villa for sale at Garden Atlas

4 (1 Review)
Si Sunthon, Thalang,Phuket
Unit ID: U670572
Sold
3 Bedrooms
3 Bathrooms
511 SqM Indoor Area
2 Storeys
10 Months Made To Order

About This Villa

This property is a 511 SqM villa with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Garden Atlas project in Si Sunthon, Phuket and will be built within 10 months of purchase. You can buy this villa for a base price of ฿36,877,890 (฿72,168/SqM).

Features

Private PoolPrivate Pool Rooftop TerraceRooftop Terrace Rooftop GardenRooftop Garden TerraceTerrace Covered ParkingCovered Parking Outdoor SalaOutdoor Sala

Basic Information

Property Type Villa
Storeys 2
Location Si Sunthon, Thalang, Phuket
Bedrooms 3
Nearest Landmark Bang Tao Beach -3.3 Km
Indoor Area 511 SqM
Price per SqM ฿72,168
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
233 SqM
Plot Size 707.60 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 Made To Order (10 Months)
Furniture
Unfurnished
View(s) Pool View, Garden View
Unit Type Type C
Parking Spots 2
Pool Size 12m x 4m
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.
฿12,000/mo
Listed By
Developer
Date Listed Mar 11, 2021
Last Updated 5 months ago
Unit ID U670572

Price Analysis

Above Average
Estimated market value ฿31,434,549
Great
฿28,500,000
Good
Fair
Above
฿37,300,000
Current asking Price: ฿36,877,890
This villa is ฿5,443,341 ABOVE MARKET (17%) 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

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.
฿12,000/mo

Project Details

Project Name: Garden Atlas
Construction: Made To Order (10 Months)
Units: 7
Project Area: 6,400 SqM
Nearest Landmark Bang Tao Beach - 3.3 Km
Location: Si Sunthon, Thalang, Phuket
Garden Atlas Project Details
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Available Units at Garden Atlas

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Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
2%
1st Installment
Upon contract signing
28%
2nd Installment
Completion of Foundation
30%
3rd Installment
Completion of the Roof
20%
4th Installment
Completion of Floor, Ceiling, Finishing
10%
5th Installment
On handover
10%

Frequently Asked Questions

Dogs, cats and small pets like rabbits, hamsters and guinea pigs are allowed at Garden Atlas.
The common area maintenance fee for properties at Garden Atlas is a fixed amount of ฿12,000. 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.
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 Garden Atlas the required payment for the sinking fund is a fixed amount of ฿120,000.
Bang Tao Beach is the nearest Beach from Garden Atlas and it is 3.3 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

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.

#1 - 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. 

#2 - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)

#3 - Is there a succession clause in the lease agreement that will allow inheritance of the lease?

 

Read more here

After you have found the right property at Garden Atlas you have to follow these steps:

 

  • Unit selection and agreement of terms and conditions 

  • Reservation Agreement

  • Reservation Deposit 

  • Sales and Purchase Agreement

  • 1st Contract Payment 

  • Payment Installments

  • Snag List

  • Transfer

 


Installment Milestone Payment
Reservation Deposit
Immediately
2%
1st Installment
Upon contract signing
28%
2nd Installment
Completion of Foundation
30%
3rd Installment
Completion of the Roof
20%
4th Installment
Completion of Floor, Ceiling, Finishing
10%
5th Installment
On handover
10%

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 out of 5 4
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Big villa Suitable for vacationing with family
4 Zoe Baker, United Kingdom, 1 year ago
I went on a viewing a few days ago. This is another quality project for anyone who loves peaceful living and nature. The location is not far from the main road, you can still travel easily. It's surrounded by woods, so serene and liveable. The project itself is not that big for only 7 units which are pretty private. The villa design is super stunning, and the land area is quite large. I love that I can get more light and air through the windows. It's perfect as a vacation home. I would recommend it if you are looking for a big villa.
Phuket
Si Sunthon

Neighborhood Overview

Location and Neighborhood

Street View

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