3 Bedroom Villa for sale at The Residence

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Thep Krasattri, Thalang,Phuket

Unit ID: U6573678

10% Rental Yield

3 Bedrooms

5 Bathrooms

352 SqM Indoor Area

2 Storeys

Completed

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Sale Price

฿23,000,000

Street View

About This Villa

This property is a 352 SqM villa with 3 bedrooms and 5 bathrooms that is available for sale. It is part of the The Residence project in Thep Krasattri, Phuket. You can buy this villa for a base price of ฿23,000,000 (฿65,341/SqM).

3 Bedroom 5 Bathroom Villa for Sale at The Residence

The Residence – Phuket Project Summary

The Residence is a boutique luxury private pool villa development by Andaman Asset Solution Co., Ltd., located in Thep Krasattri, Thalang, Phuket. Completed in April 2022, the project consists of only 24 exclusive villas, offering a peaceful residential environment with modern tropical architecture and convenient access to Phuket's key lifestyle destinations.

Project Overview

Project Name: The Residence
Developer: Andaman Asset Solution Co., Ltd.
Location: Thep Krasattri, Thalang, Phuket
Project Type: Luxury Private Pool Villas
Completion: April 2022
Total Villas: 24 Units
Ownership: Freehold (Thai ownership; foreigners may purchase through eligible structures in

Features

Private Pool

Basic Information

Date Listed Jul 10, 2026

Updated 1 month ago

Property Type Villa

Storeys 2

Location Thep Krasattri, Phuket

Bedrooms 3

Nearest Landmark: Bang Tao Beach -3.5 Km

Indoor Area 352 SqM

Price per SqM ฿65,341

Outdoor Area

N/A

Plot Size 187 SqM

Pets All Kind of Pets Allowed

Villa Ownership

Thai Ownership, Company, Leasehold

Land Ownership

Thai Ownership, Company, Leasehold

Land Title Deed Chanote

Construction Completed

Furniture

Fully Furnished

View(s) Unblocked Open View

Unit Type N/A

Parking Spots 2

Pool Size N/A

CAM Fee

฿1,647,470/mo

Listed By

Private Owner

Electricity Price N/A

Water Price N/A

Unit ID U6573678

Investment Opportunity: Charges & Yield

Sale Price

฿23,000,000

CAM Fee

฿1,647,470/mo

Price-to-Rent Ratio

Rental Yield

10%

Project Details

Project Name: The Residence

Developer: Andaman Asset Solution Co., Ltd.

Construction: Completed (Apr 2022)

Units: 24

Project Area: 8,770 SqM

Nearest Landmark: Bang Tao Beach - 3.5 Km

Location: Thep Krasattri, Phuket

The Residence Project Details

Project Features

Communal Pool

Communal Gym

Clubhouse

24H Security

CCTV (Video Surveillance)

Reception / Lobby Area

Popular Facilities at The Residence

Communal Pool

1st Floor

Available Units at The Residence

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Frequently Asked Questions

All kind of pets are allowed at The Residence including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.

The common area maintenance fee is ฿8,810 per square meter based on the plot size of the property and is ฿1,647,470 for this villa. This fee has to be paid 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 Residence the required payment for the sinking fund is ฿176,205 per square meter based on the size of the plot size of the property.

Bang Tao Beach is the nearest Beach from The Residence and it is 3.5 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.

After you have found the right property at The Residence you have to follow these steps:

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

Installment Milestone Payment

Reservation Deposit

Immediately

฿20,000

1st Installment

Upon contract signing

30%

2nd Installment

Super Structure

30%

3rd Installment

Topping Out

20%

4th Installment

On handover

20%

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?

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.