Peykaa Estate Villas

4.5 (2 Reviews)

Thep Krasattri, Thalang,Phuket

Unit ID: U636472
฿14,750,000 Great Price
Bedroom
3 Bedrooms
Bathroom
3 Bathrooms
Indoor Area
222 SqM Indoor Area
Stairs
1 Storeys
Construction
Mar 2022 Off Plan

3 Bedroom Villa for sale at Peykaa Estate Villas

This property is a 222 SqM villa with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Peykaa Estate Villas project in Thep Krasattri, Phuket and it is scheduled for completion in Mar 2022. You can buy this villa for a base price of ฿14,750,000 (฿66,441/SqM).

Features

Private PoolPrivate Pool Pool AccessPool Access Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Full Western KitchenFull Western Kitchen

Basic Information

Property Type Villa
Storeys 1
Location Thep Krasattri, Thalang, Phuket
Bedrooms 3
Nearest Landmark Bang Tao Beach -3.4 Km
Indoor Area 222 SqM
Price per SqM ฿66,441
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
108 SqM
Plot Size 403 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, 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.

Leasehold
Land Title Deed N/A
Construction Off Plan (Mar 2022)
Furniture
Built-ins are any items that do not leave the property but remain a part of the permanent structure of a home. This includes any type of permanent appliances, cabinetry, furniture that’s built into the home, such as shelving or benches, and other attached items.
Built In
View(s) Park View, Pool View, Garden View
Unit Type 3 BR
Parking Spots N/A
Pool Size 4.3m x 7.5m
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.
฿7,500/mo
Listed By
Developer
Date Listed Oct 19, 2020
Last Updated 2 months ago
Unit ID U636472

Price Analysis

Great Price
Estimated market value ฿22,191,513
Great
฿16,200,000
Good
Fair
Above
฿21,400,000
Current asking Price: ฿14,750,000
This villa is ฿7,441,513 BELOW MARKET (-34%) 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
฿14,750,000
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.
฿7,500/mo

Project Details

Project Name: Peykaa Estate Villas
Developer: Erawana
Construction: Made To Order (7 Months)
Units: 18
Project Area: 8,000 SqM
Nearest Landmark Bang Tao Beach - 3.4 Km
Location: Thep Krasattri, Thalang, Phuket
Peykaa Estate Villas Project Details

Project Features

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

Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿300,000
1st Installment
Upon contract signing
30%
2nd Installment
Upon Completion of foundation
15%
3rd Installment
Upon Completion of structure up to roof height
15%
4th Installment
Upon Completion of unit fit-out
15%
5th Installment
Upon Completion of unit inspection
15%
6th Installment
On handover
10%

Frequently asked questions

Small dogs (weight under 15 kg), cats and small pets like rabbits, hamsters and guinea pigs are allowed at Peykaa Estate Villas.
The common area maintenance fee for properties at Peykaa Estate Villas is a fixed amount of ฿7,500. 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 Peykaa Estate Villas the required payment for the sinking fund is a fixed amount of ฿100,000.
Bang Tao Beach is the nearest Beach from Peykaa Estate Villas and it is 3.4 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 Peykaa Estate Villas 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
฿300,000
1st Installment
Upon contract signing
30%
2nd Installment
Upon Completion of foundation
15%
3rd Installment
Upon Completion of structure up to roof height
15%
4th Installment
Upon Completion of unit fit-out
15%
5th Installment
Upon Completion of unit inspection
15%
6th 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

4.5 out of 5 4.5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Nice view to relax
4 Becki Stonecipher, Germany, 2 years ago
I came here for a vacation with my family. It was okay. The villa is spacious and beautiful. The garden and swimming pool area are huge, and the villa is perfectly gated, providing privacy and tranquility. The interior is luxuriously decorated and complete with facilities, including a kitchen, a living room, and a BBQ grilled area. It is very convenient. The project site is also secure, and the road is not dangerous. There are many people all night. The location is pleasant and close to Bang Tao Beach, restaurants, and Boat Avenue. I was generally impressed.
The location of the project is excellent.
5 Hannah G., United Kingdom, 2 years ago
The location of the project is excellent. It is in the neighborhood where I live. There are many markets and small shops, making it easy and convenient to buy food. Layan Beach and Boat Avenue Cherngtalay are located nearby, just a short drive for 9 minutes. The project itself is spacious and very private. The small gardens around the project make it shady. The villas range from 3-4 bedrooms with large private pools and a spacious usable area. The house condition is solid, durable, beautiful, and modern decoration. It is very livable.

Phuket

Thep Krasattri

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