Wyndham Chalong Phuket

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Chalong, Phuket Town, Phuket

5% GUARANTEED RETURN FOR 3 YEARS
Aug 2018 Completed
80 Units

Wyndham Chalong Phuket in Chalong, Phuket

Wyndham Chalong Phuket is a house and villa project located in Chalong, Phuket and was completed in Aug 2018. It has 80 units and was developed by Cissa Group, who is also behind Wyndham Grand Naiharn Beach Phuket and Eva Beach.

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Facilities

Convenience
Hotel Managed
Reception Lobby Area
Leisure
Communal Pool
Clubhouse
Fitness
Communal Gym
Safety
24H Security
CCTV (Video Surveillance)

Management

Project ManagementSinking 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 Wyndham Chalong Phuket the required payment for the sinking fund is ฿50,000 per square meter based on the size of the indoor area of the property.
฿50,000
Project ManagementCommon Area Management Fee
These common area maintenance (CAM) fees are paid by owners for the upkeep of the common areas of condominiums and housing projects. For new residential developments, it is common to pay up to 1-3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿38/SqM

Master Plan

About the Developer - Cissa Group

All Cissa Group Projects
3 Projects 475 Units

CISSA GROUP focus on investment property development.
We are confident that all investiture and all the money will return you to cost-effectively.
Guarantee return in shorter period than anyone.

Frequently asked questions

The common area maintenance fee is ฿38 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 Wyndham Chalong Phuket the required payment for the sinking fund is a fixed amount of ฿50,000.
Wyndham Chalong Phuket offers a guaranteed rental return of 5% (based on the purchase price of the property) for a duration of 3 Years.
Read more here.
Wat Chalong is the closest Temple from Wyndham Chalong Phuket and it is 4.97 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 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.

    #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

    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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