The Residence

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Thep Krasattri, Thalang,Phuket

Unit ID: U1041554
฿21,627,000
Bedroom
3 Bedrooms
Bathroom
3 Bathrooms
Indoor Area
352.41 SqM Indoor Area
Stairs
3 Storeys
Construction
Off Plan

About This Villa

This property is a 352.41 SqM villa with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the The Residence project in Thep Krasattri, Phuket. You can buy this villa for a base price of ฿21,627,000 (฿61,369/SqM).

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking

Basic Information

Property Type Villa
Storeys 3
Location Thep Krasattri, Thalang, Phuket
Bedrooms 3
Nearest Landmark Bang Tao Beach -3.5 Km
Indoor Area 352.41 SqM
Price per SqM ฿61,369
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
62.84 SqM
Plot Size 187 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.

Thai Ownership, Company, Leasehold
Land Title Deed N/A
Construction Off Plan
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) Garden View
Unit Type Type L
Parking Spots 2
Pool Size 26.28 sqm
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.
฿8,810/mo
Listed By
Developer
Date Listed Nov 12, 2021
Last Updated 4 months ago
Unit ID U1041554

3D Walkthrough

Investment Opportunity: Charges & Yield

Sale Price
฿21,627,000
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.
฿8,810/mo

Project Details

Project Name: The Residence
Construction: Completed (Apr 2022)
Units: 24
Project Area: 8,770 SqM
Nearest Landmark Bang Tao Beach - 3.5 Km
Location: Thep Krasattri, Thalang, Phuket
The Residence Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Reception / Lobby Area Reception / Lobby Area

Popular Facilities at The Residence

  • Communal Pool
    Ground Floor

Available Units at The Residence

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Available Units at The Residence
฿61,729
Beds 3 Beds
Baths 3 Baths
Size 352.41 SqM Size
Plot Size 195.43 SqM Plot Size
Built In Garden View
Favorite
Compare
Available Units at The Residence
฿61,369
Beds 3 Beds
Baths 3 Baths
Size 352.41 SqM Size
Plot Size 187 SqM Plot Size
Built In Garden View
Favorite
Compare
Available Units at The Residence
฿61,369
Beds 3 Beds
Baths 3 Baths
Size 352.41 SqM Size
Plot Size 187 SqM Plot Size
Built In Garden View
Favorite
Compare
Available Units at The Residence
฿61,369
Beds 3 Beds
Baths 3 Baths
Size 352.41 SqM Size
Plot Size 187 SqM Plot Size
Built In Garden View
Favorite
Compare
Available Units at The Residence
฿61,369
Beds 3 Beds
Baths 3 Baths
Size 352.41 SqM Size
Plot Size 187 SqM Plot Size
Built In Garden View
Favorite
Compare
Available Units at The Residence
฿64,016
Beds 3 Beds
Baths 3 Baths
Size 352.41 SqM Size
Plot Size 249.22 SqM Plot Size
Built In Garden View
Favorite
Compare
Available Units at The Residence
฿61,369
Beds 3 Beds
Baths 3 Baths
Size 352.41 SqM Size
Plot Size 187 SqM Plot Size
Built In Garden View
Favorite
Compare
Available Units at The Residence
฿62,598
Beds 3 Beds
Baths 3 Baths
Size 352.41 SqM Size
Plot Size 215.87 SqM Plot Size
Built In Garden View
Favorite
Compare
Available Units at The Residence
฿61,369
Beds 3 Beds
Baths 3 Baths
Size 352.41 SqM Size
Plot Size 187 SqM Plot Size
Built In Garden View
Favorite
Compare
Available Units at The Residence
฿61,369
Beds 3 Beds
Baths 3 Baths
Size 352.41 SqM Size
Plot Size 187 SqM Plot Size
Built In Garden View
Favorite
Compare
Available Units at The Residence
฿61,369
Beds 3 Beds
Baths 3 Baths
Size 352.41 SqM Size
Plot Size 187 SqM Plot Size
Built In Garden View
Favorite
Compare
Available Units at The Residence
฿61,369
Beds 3 Beds
Baths 3 Baths
Size 352.41 SqM Size
Plot Size 187 SqM Plot Size
Built In Garden View
Favorite
Compare
Available Units at The Residence
฿61,641
Beds 3 Beds
Baths 3 Baths
Size 352.41 SqM Size
Plot Size 193.39 SqM Plot Size
Built In Garden View
Favorite
Compare
Available Units at The Residence
฿62,064
Beds 3 Beds
Baths 3 Baths
Size 352.41 SqM Size
Plot Size 203.33 SqM Plot Size
Built In Garden View
Favorite
Compare
Available Units at The Residence
฿61,369
Beds 3 Beds
Baths 3 Baths
Size 352.41 SqM Size
Plot Size 187 SqM Plot Size
Built In Garden View
Favorite
Compare
Available Units at The Residence
฿61,729
Beds 3 Beds
Baths 3 Baths
Size 352.41 SqM Size
Plot Size 195.43 SqM Plot Size
Built In Garden View
Favorite
Compare
Available Units at The Residence
฿61,369
Beds 3 Beds
Baths 3 Baths
Size 352.41 SqM Size
Plot Size 187 SqM Plot Size
Built In Garden View
Favorite
Compare
Available Units at The Residence
฿62,507
Beds 3 Beds
Baths 3 Baths
Size 352.41 SqM Size
Plot Size 214.41 SqM Plot Size
Built In Garden View
Favorite
Compare
Available Units at The Residence
฿61,843
Beds 3 Beds
Baths 3 Baths
Size 352.41 SqM Size
Plot Size 198.15 SqM Plot Size
Built In Garden View
Favorite
Compare
Available Units at The Residence
฿61,369
Beds 3 Beds
Baths 3 Baths
Size 352.41 SqM Size
Plot Size 187 SqM Plot Size
Built In Garden View
Favorite
Compare
Available Units at The Residence
฿63,191
Beds 3 Beds
Baths 3 Baths
Size 352.41 SqM Size
Plot Size 229.81 SqM Plot Size
Built In Garden View
Favorite
Compare
Available Units at The Residence
฿61,369
Beds 3 Beds
Baths 3 Baths
Size 352.41 SqM Size
Plot Size 187 SqM Plot Size
Built In Garden View
Get notified when new homes are being added to The Residence

Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿20,000
1st Installment
Upon contract signing
30%
2nd Installment
Super Structure
30%
3rd Installment
Topping Out
20%
4th Installment
On handover
20%

Frequently Asked Questions

All kind of pets are allowed at The Residence including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee for properties at The Residence is a fixed amount of ฿8,810. 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 The Residence the required payment for the sinking fund is a fixed amount of ฿176,205.
Bang Tao Beach is the nearest Beach from The Residence and it is 3.5 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 The Residence 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
฿20,000
1st Installment
Upon contract signing
30%
2nd Installment
Super Structure
30%
3rd Installment
Topping Out
20%
4th 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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Phuket

Thep Krasattri

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Projects Nearby The Residence

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Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Location
Thep Krasattri, Thalang, Phuket
Number of units
18
Sales Prices
฿11M - ฿27M
▼ -23% underpriced
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Made To Order
Location
Thep Krasattri, Thalang, Phuket
Number of units
59
Sales Prices
฿5.9M
▼ -11% underpriced
Monthly Rentals
฿20K - ฿45K
Year Built
Jan 2018
Completion Status
Completed
Project Name
Ananda Lake View
Location
Thep Krasattri, Thalang, Phuket
Number of units
183
Sales Prices
฿3.98M - ฿18.9M
▲ 5.7% overpriced
Monthly Rentals
฿25K - ฿140K
Year Built
Dec 2018
Completion Status
Completed
Location
Thep Krasattri, Thalang, Phuket
Number of units
16
Sales Prices
฿24.5M
▼ -12.5% underpriced
Monthly Rentals
฿150K
Year Built
Feb 2020
Completion Status
Completed
Location
Thep Krasattri, Thalang, Phuket
Number of units
193
Sales Prices
฿3M
Monthly Rentals
N/A
Year Built
Mar 2020
Completion Status
Completed
Project Name
Anchan Lagoon
Location
Thep Krasattri, Thalang, Phuket
Number of units
18
Sales Prices
฿28M - ฿37M
▲ 10% overpriced
Monthly Rentals
฿150K - ฿180K
Year Built
Jul 2016
Completion Status
Completed
Project Name
Layan Tara
Location
Thep Krasattri, Thalang, Phuket
Number of units
34
Sales Prices
฿8.7M - ฿23.7M
▲ 10.5% overpriced
Monthly Rentals
N/A
Year Built
Jan 2016
Completion Status
Completed
Project Name
Bua Sawan Villa
Location
Thep Krasattri, Thalang, Phuket
Number of units
4
Sales Prices
฿22M
▼ -41% underpriced
Monthly Rentals
N/A
Year Built
Nov 2013
Completion Status
Completed
Project Name
Anchan Villas
Location
Thep Krasattri, Thalang, Phuket
Number of units
18
Sales Prices
฿25M
▲ 2% overpriced
Monthly Rentals
฿187K
Year Built
Jul 2015
Completion Status
Completed
Location
Thep Krasattri, Thalang, Phuket
Number of units
17
Sales Prices
฿9.35M - ฿12.8M
▼ -1% underpriced
Monthly Rentals
฿70K
Year Built
Sep 2021
Completion Status
Completed
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