Wallaya Grand Residence

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Kamala, Kathu, Phuket
For Sale 1 Unit
฿16,900,000
Jul 2017 Completed
4 Units

Overview of Wallaya Grand Residence in Kamala, Phuket

Wallaya Grand Residence is a house and villa project located in Kamala, Phuket and was completed in Jul 2017. It has 4 units and was developed by Phuket Exclusive, who is also behind The Element by Wallaya Villas, Wallaya Villas - The Nest and Wallaya Villas Harmony Phase 2 & 3.

About Wallaya Grand Residence

Wallaya Grand Residence is a luxury private pool villas of 3 to 4 bedrooms with 250 sqm up to 400 sqm of living area space. Our Villas comes with all the luxuries and distinctiveness of its design that will manifest your dream lifestyle and feeling of exclusivity in this paradise island.


Our Villas are located just 2 minutes to the peaceful beach of Kamala which is the perfect place to relax and easy access to all the prominent places and beaches in Phuket Island.


Wallaya Villas Design inspiration was taken from the Back to Basic Concept, materials used is inspired from grey to black, cement base interior and wood color. The use of unique lava stone tiles creates a deep emerald green color for the pool.


Simplistic - like all Wallaya Properties, this development project has more artistic punch. Inspiration for this design came from the modern loft style influences with simple decorative items of well selected furniture.

Available Units at Wallaya Grand Residence

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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Facilities and Floor Plans

Facilities

Safety
24H Security
CCTV (Video Surveillance)

Management

Common Area Management 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.
฿20/SqM
Sinking Fund :
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 Wallaya Grand Residence the required payment for the sinking fund is ฿30,000 per square meter based on the size of the indoor area of the property.
฿30,000

Master Plan

About the Developer - Phuket Exclusive

All Phuket Exclusive Projects
8 Projects 65 Units

Frequently Asked Questions

Frequently asked questions about Wallaya Grand Residence
All kind of pets are allowed at Wallaya Grand Residence including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee at Wallaya Grand Residence is ฿20 per square meter based on the plot size of the property. This fee has to be paid every month 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 Wallaya Grand Residence the required payment for the sinking fund is a fixed amount of ฿30,000.
Phuket Fantasea is the nearest Tourist Attraction from Wallaya Grand Residence and it is 1.4 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

After you have found the right property at Wallaya Grand Residence 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

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Phuket
Kamala
Neighborhood Overview of Kamala, Phuket

Neighborhood Overview

Location and Neighborhood

Street View

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