4 Bedroom Villa for sale at Terra Azalea Villas

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Thep Krasattri, Thalang,Phuket

Unit ID: U1938961

12% Rental Yield

4 Bedrooms

5 Bathrooms

456 SqM Indoor Area

2 Storeys

Nov 2024 Completed

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Sale Price

฿21,500,000

Street View

About This Villa

This property is a 456 SqM villa with 4 bedrooms and 5 bathrooms that is available for sale. It is part of the Terra Azalea Villas project in Thep Krasattri, Phuket and was completed in Nov 2024. You can buy this villa for a base price of ฿21,500,000 (฿47,149/SqM).

Features

Private Pool

Private Garden

Terrace

Covered Parking

Balcony

Full Western Kitchen

Basic Information

Date Listed Sep 25, 2024

Updated 11 months ago

Property Type Villa

Storeys 2

Location Thep Krasattri, Phuket

Bedrooms 4

Nearest Landmark: Naithon Beach -7.8 Km

Indoor Area 456 SqM

Price per SqM ฿47,149

Outdoor Area

N/A

Plot Size 347 SqM

Pets All Kind of Pets Allowed

Villa Ownership

Foreign Ownership, Thai Ownership, Company, Leasehold

Land Ownership

N/A

Land Title Deed N/A

Construction Completed (Nov 2024)

Furniture

Built In

View(s) Mountain View, Pool View, Garden View, Unblocked Open View, Forest, Nature View

Unit Type 4BR

Parking Spots 2

Pool Size N/A

CAM Fee

฿10,500/mo

Listed By

Developer

Electricity Price Government Rate

Water Price Government Rate

Unit ID U1938961

Investment Opportunity: Charges & Yield

Sale Price

฿21,500,000

CAM Fee

฿10,500/mo

Price-to-Rent Ratio

Rental Yield

12%

Project Details

Project Name: Terra Azalea Villas

Developer: Terra Azalea Villas

Construction: Completed (Nov 2024)

Units: 5

Project Area: N/A

Nearest Landmark: Naithon Beach - 7.8 Km

Location: Thep Krasattri, Phuket

Terra Azalea Villas Project Details

Project Features

24H Security

CCTV (Video Surveillance)

Car Parking

Communal Garden Area

Available Units at Terra Azalea Villas

Loan Calculator

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Developer Payment Plan

Installment Milestone Payment

Reservation Deposit

Upon reservation agreement signing

฿200,000

Contract Signing

Within 30 days of reservation

30%

1st Installment

Upon completion of foundation

15%

2nd Installment

Upon completion of concrete structure

15%

3rd Installment

Upon completion of walls & roof structure

15%

4th Installment

Upon completion of floor tiles, wall finishes, amd interiors

15%

5th Installment

On handover

10%

Frequently Asked Questions

All kind of pets are allowed at Terra Azalea Villas including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.

The common area maintenance fee for properties at Terra Azalea Villas is a fixed amount of ฿10,500. This amount 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.

Naithon Beach is the nearest Beach from Terra Azalea Villas and it is 7.8 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 Terra Azalea Villas 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

Upon reservation agreement signing

฿200,000

Contract Signing

Within 30 days of reservation

30%

1st Installment

Upon completion of foundation

15%

2nd Installment

Upon completion of concrete structure

15%

3rd Installment

Upon completion of walls & roof structure

15%

4th Installment

Upon completion of floor tiles, wall finishes, amd interiors

15%

5th Installment

On handover

10%

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.