The Residences at Sheraton Phuket Grand Bay

3 (1 Review)

Pa Khlok, Thalang, Phuket

Sep 2020 Completed
116 Units

The Residences at Sheraton Phuket Grand Bay in Pa Khlok, Phuket

The Residences at Sheraton Phuket Grand Bay is a house and villa project located in Pa Khlok, Phuket and was completed in Sep 2020. It has 116 units and was developed by Apex Development, who is also behind Movenpick Pool Villas and Movenpick Residences.

About The Residences at Sheraton Phuket Grand Bay

Sheraton Phuket Grand Bay Resort and Grand Bay Residences is conveniently located to the best that Phuket has to offer yet is less than 25 minutes by road from Phuket international Airport, 15 minutes from Mission Hills Golf Club and 10 minutes from Ao Po Grand Marina.

First class international standard hospital facilities lay 45 minutes to the south and for the more adventurous the hustle and bustle of Patong, Phuket’s shopping and entertainment hub, is a mere 45 minutes by road.

The Sheraton Phuket Grand Bay Resort and Grand Bay Residences is the paragon in Phuket’s crown. Located in an area of untouched natural beauty away from the bustling west coast, the development is destined to be the premier destination on the island.

Prices by Room Types

Resale Properties

For Sale 4
Photo Price Price/SqM Size Beds Baths Plot Size Date Listed
1 Beds・ 1 Baths ・ 84 SqM More Details
฿235,595 84 SqM 1 1 84 SqM 07/01/2020 More Details
1 Beds・ 1 Baths ・ 84 SqM More Details
฿244,643 84 SqM 1 1 80 SqM 09/10/2019 More Details
1 Beds・ 2 Baths ・ 138 SqM More Details
฿237,527 138 SqM 1 2 80 SqM 09/10/2019 More Details
1 Beds・ 2 Baths ・ 138 SqM More Details
฿179,564 138 SqM 1 2 80 SqM 20/10/2020 More Details

Previous Sales (Secondary Market) at The Residences at Sheraton Phuket Grand Bay

Do you own a property at The Residences at Sheraton Phuket Grand Bay?

Tell us a little about your property

Please select an option
Please select an option

Facilities

Convenience
Hotel Managed
On Site Restaurant
Car Parking
Leisure
Communal Pool
Clubhouse
Indoor Kids Zone
Spa
Steam Room
Sauna
Fitness
Communal Gym
Safety
24H Security
CCTV (Video Surveillance)

Management

Project ManagementCommon Area Management Company Sheraton
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.
฿80/SqM
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 The Residences at Sheraton Phuket Grand Bay the required payment for the sinking fund is ฿1,000 per square meter based on the size of the indoor area of the property.
฿1,000/SqM

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
10%
2nd Installment
After Signing Agreement
20%
3rd Installment
On handover
70%

About the Developer - Apex Development

All Apex Development Projects
3 Projects 610 Units

With our guiding principle of “Enhancing Value”, our residences encompass the key ingredients of prime location, spectacular view, high quality development, special holiday privileges, and 5-star hotel chains rental management to provide a good rental return for our investor - buyers and a good appreciation of its property value in the future.

VISION

  • Live by the vision to “create added value” or “Enhancing Value”, to all our property developments that we have developed and sold. In the short-term and long-term, to create the maximum value enhancement to our property as well as return and benefits to all our buying customers.
  • Contribute to the economic growth and society, including to support and improve the environment of the area surrounding each of our development projects.

Frequently asked questions

The common area maintenance fee is ฿80 per square meter based on the size of the indoor area 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 The Residences at Sheraton Phuket Grand Bay the required payment for the sinking fund is ฿1,000 per square meter based on the size of the indoor area of the property.

Bang Rong Pier is the closest Pier from The Residences at Sheraton Phuket Grand Bay and it is 1.47 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:

  1. Agreement of terms and conditions

  2. Reservation Agreement

  3. Reservation Deposit 

  4. Sales and Purchase Agreement

  5. 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

Reviews

Write a review
Maintenance
4
Staff / Security
4
Facilities on Site
4
Quality of Finishing
5
Value for Money
2
Location
3.5
Branded Residences with spectacular views
3.8 Verified Visitor, 1 month ago
The master plan is beautiful and all units are stylish decorated. The view is truly breathtaking and the project is located in a nice secluded area. The design and layout is perfect - well done. A minus would be the price point which is really unjustified at this stage. Due to the price point this project will have lost of empty units. On the east side of phuket and excluded from any Tsunami danger. the waters are quite because of less maritime traffic in this bay
Thailand

Pa Khlok

Neighborhood Overview

Location and Neighborhood

Street View
Error:Undefined index: distance