VIP Galaxy Villas

4.83 (1 Review)

Rawai, Phuket Town,Phuket

Unit ID: U150710
6% GUARANTEED RETURN FOR 2 YEARS
฿22,247,600
Bedroom
2 Bedrooms
Bathroom
2 Bathrooms
Indoor Area
168 SqM Indoor Area
Stairs
2 Storeys
Construction
Dec 2022 Off Plan

2 Bedroom Villa for sale at VIP Galaxy Villas

This property is a 168 SqM villa with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the VIP Galaxy Villas project in Rawai, Phuket and it is scheduled for completion in Dec 2022. You can buy this villa for a base price of ฿22,247,600 (฿132,426/SqM).

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking

Basic Information

Property Type Villa
Storeys 2
Location Rawai, Phuket Town, Phuket
Rawai Beach 0.9 Km
Indoor Area 168 SqM
Price per SqM ฿132,426
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
N/A
Plot Size 325.54 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
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
Land Title Deed N/A
Construction Off Plan (Dec 2022)
Furniture
Unfurnished
View(s) Garden View, Pool View, Park View
Unit Type B
Parking Spots 1
Pool Size N/A
CAM 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.
฿11,394/mo
Listed By
Developer
Date Listed Jan 4, 2019
Last Updated 4 months from now
Unit ID U150710

Project Details

Project Name: VIP Galaxy Villas
Developer: VIP Thailand
Construction: Off Plan (Dec 2022)
Units: 100
Project Area: N/A
Rawai Beach: 0.9 Km
Location: Rawai, Phuket Town, Phuket
VIP Galaxy Villas Project Details

Project Features

Hotel Managed Hotel Managed On Site Restaurant On Site Restaurant Communal Pool Communal Pool Communal Gym Communal Gym 24H Security 24H Security CCTV (Video Surveillance) CCTV (Video Surveillance) Indoor Kids Zone Indoor Kids Zone Car Parking Car Parking Reception Lobby Area Reception Lobby Area

Available Units at VIP Galaxy Villas

  • All
  • 2 Beds
  • 3 Beds
  • Price & Availability Last Updated: Jun 4, 2021
  • Common Area Maintenance Fee
    These 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.
    ฿35/SqM
  • Sinking Fund
    For a new condominium project, 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 ultimately, its value in the future.
    ฿400/SqM

Payment Plan

Villa Type A
Installment Milestone Payment
Deposit
Immediately
฿250,000
1st Installment
Upon contract signing
30%
2nd Installment
20%
3rd Installment
20%
4th Installment
20%
5th Installment
On handover
10%
Villa Type B&D
Installment Milestone Payment
Deposit
Immediately
฿200,000
1st Installment
Upon contract signing
30%
2nd Installment
20%
3rd Installment
20%
4th Installment
20%
5th Installment
On handover
10%

Frequently asked questions

The common area maintenance fee at VIP Galaxy Villas is ฿35 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 VIP Galaxy Villas the required payment for the sinking fund is ฿400 per square meter based on the size of the plot size of the property.
VIP Galaxy Villas offers a guaranteed rental return of 6% (based on the purchase price of the property) for a duration of 2 Years.
Read more here.
Rawai Beach is the nearest Beach from VIP Galaxy Villas 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

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

After you have found the right property at VIP Galaxy Villas you have to follow these steps:

 

  • Unit selection and agreement of terms and conditions 

  • Reservation Agreement

  • Reservation Deposit 

  • Sales and Purchase Agreement

  • 1st Contract Payment 

  • Payment Installments

  • Snag List

  • Transfer

 

Read more here

 

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Reviews

Write a review
Maintenance
5
Staff / Security
5
Facilities on Site
5
Quality of Finishing
5
Value for Money
5
Location
4
Luxury pool villa, beautiful design
4.8 Nikky Zhang, China, 10 months ago
A luxury villa project in Rawai Beach with a beautiful design and outstanding interior. There is a big project of over 100 residential units in total, making it a big community in the future. Situated in a convenient location, the project is closed to Rawai, Nai Harn, and Kata beaches in 10 minutes by car. The size of the villa is perfect. The bedroom is on the second floor of the house while the first floor is the living area. The kitchen and the living area are open spaces to a swimming pool at 31 sq.m, not too big or small, just perfect. Around the villa, the garden is ideal for relaxing during leisure time. The project's common area is particular because there are spas, restaurants, and lounges available, which is very interesting. I think that this project is very suitable for investment as a long-term rental or living. It will meet all the needs of the residents as well, for sure.

Phuket

Rawai

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VIP Galaxy Villas

Rawai, Phuket Town, Phuket, Thailand
Estimated Market Value
฿21,200,000
The estimate incorporates multiple data models and responds to factors like:
Neighborhood details Home facts Previous transaction data
Estimated Sales Range ฿20,300,000 - ฿22,100,000
We calculate the estimated sales range based on the current market and the info we have about this home.

Phuket House / Villa Market insight

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