Platinum Residence Park

4 (1 Review)

Rawai, Phuket Town,Phuket

Unit ID: U19357
฿15,000,000
Bedroom
5 Bedrooms
Bathroom
5 Bathrooms
Indoor Area
410 SqM Indoor Area
Stairs
2 Storeys
Construction
Jun 2008 Completed

5 Bedroom House for sale at Platinum Residence Park

This property is a 410 SqM house with 5 bedrooms and 5 bathrooms that is available for sale. It is part of the Platinum Residence Park project in Rawai, Phuket and was completed in Jun 2008. You can buy this house for a base price of ฿15,000,000 (฿36,585/SqM).

Features

Private GardenPrivate Garden TerraceTerrace

Basic Information

Property Type House
Storeys 2
Location Rawai, Phuket Town, Phuket
Bedrooms 5
Nearest Landmark Rawai Beach -0.9 Km
Indoor Area 410 SqM
Price per SqM ฿36,585
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
100 SqM
Plot Size 790 SqM
House Ownership

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

N/A
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.

N/A
Land Title Deed N/A
Construction Completed (Jun 2008)
Furniture
A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
Fully Furnished
View(s) Pool View, Garden View, Blocked View
Unit Type N/A
Parking Spots 6
Pool Size 9x5x1.8
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
Private Owner
Date Listed Nov 4, 2016
Last Updated 1 year ago
Unit ID U19357

Price Analysis

Above Average
Estimated market value ฿14,025,794
Great
฿12,800,000
Good
Fair
Above
฿14,600,000
Current asking Price: ฿15,000,000
This house is ฿974,206 ABOVE MARKET (7%) in the Phuket area. It is analyzed against similar houses 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
฿15,000,000

Project Details

Project Name: Platinum Residence Park
Developer: N/A
Construction: Completed (Jun 2008)
Units: 24
Project Area: N/A
Nearest Landmark Rawai Beach - 0.9 Km
Location: Rawai, Phuket Town, Phuket
Platinum Residence Park Project Details

Project Features

24H Security 24H Security

Available Units at Platinum Residence Park

Loan Calculator

Frequently asked questions

All kind of pets are allowed at Platinum Residence Park including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Rawai Beach is the nearest Beach from Platinum Residence Park and it is 0.9 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 Platinum Residence Park you have to follow these steps:

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


 

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

Do you own a property at Platinum Residence Park?

Find out how much your property is worth and start your listing for free.

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
Large villa
4 Rose White, Australia, 3 years ago
I stayed here during the summer, and I chose the 5-bed villa to accommodate many family members. The villa’s space is tranquil, with a private swimming pool and parking. The bedrooms are clean, and the kitchen is fully equipped with utilities and appliances. So, it’s quite convenient to cook for my family. Plus, the project’s location is close to Naiharn Beach in a few minutes. Plus, the villa is secured by high-security systems, and the guards are polite, helpful, and in charge for 24 hours. The project’s common area is clean with lights on at nighttime. Very livable!

Phuket

Rawai

Neighborhood Overview

Location and Neighborhood

Street View

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Number of units
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