4 Bedroom Villa for sale at The Teak Forestias

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Choeng Thale, Thalang,Phuket
Unit ID: U1365300
4 Bedrooms
6 Bathrooms
569.01 SqM Indoor Area
2 Storeys
14 Months Made To Order

About This Villa

This property is a 569.01 SqM villa with 4 bedrooms and 6 bathrooms that is available for sale. It is part of the The Teak Forestias project in Choeng Thale, Phuket and will be built within 14 months of purchase. You can buy this villa for a base price of ฿39,390,000 (฿69,225/SqM).

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Maids QuartersMaids Quarters BalconyBalcony

Basic Information

Date Listed Jan 5, 2023
Updated N/A
Property Type Villa
Storeys 2
Location Choeng Thale, Phuket
Bedrooms 4
Nearest Landmark Bang Tao Beach -2.4 Km
Indoor Area 569.01 SqM
Price per SqM ฿69,225
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 457.78 SqM
Pets All Kind of Pets Allowed
Villa Ownership

Foreign nationals can own the building (villa) in their own name but not the land that it stands on.

Thai Ownership, Company, Leasehold
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, Leasehold
Land Title Deed N/A
Construction Made To Order (14 Months)
Furniture
Built-ins are any items that do not leave the property but remain a part of the permanent structure of a home. This includes any type of permanent appliances, cabinetry, furniture that’s built into the home, such as shelving or benches, and other attached items.
Available for ฿3,500,000
View(s) Pool View, Garden View
Unit Type B
Parking Spots 2
Pool Size 4.30m x 10.40m
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿12,305/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U1365300

Investment Opportunity: Charges & Yield

Sale Price
฿39,390,000
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿12,305/mo

Project Details

Project Name: The Teak Forestias
Construction: Made To Order (14 Months)
Units: 13
Project Area: 8,000 SqM
Nearest Landmark Bang Tao Beach - 2.4 Km
Location: Choeng Thale, Phuket
The Teak Forestias Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Communal Garden Area Communal Garden Area

Available Units at The Teak Forestias

Get notified when new homes are being added to The Teak Forestias
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Payment Plan

OFF-PLAN VILLA
Installment Milestone Payment
Reservation Deposit
Immediately
2%
1st Installment
Upon contract signing
28%
2nd Installment
Completion of main structure, (or) within the 4th month of the construction period.
20%
3rd Installment
Completion of roof and walls structure, (or) within the 8th month of the construction period.
25%
4th Installment
Completion of windows, doors and floor finishing, (or) within the 12th month of the construction period.
15%
5th Installment
On handover
10%

Frequently Asked Questions

All kind of pets are allowed at The Teak Forestias including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
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 Teak Forestias the required payment for the sinking fund is a fixed amount of ฿100,000.
Bang Tao Beach is the nearest Beach from The Teak Forestias and it is 2.4 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:

  • - 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?


Read more here

After you have found the right property at The Teak Forestias 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

OFF-PLAN VILLA
Installment Milestone Payment
Reservation Deposit
Immediately
2%
1st Installment
Upon contract signing
28%
2nd Installment
Completion of main structure, (or) within the 4th month of the construction period.
20%
3rd Installment
Completion of roof and walls structure, (or) within the 8th month of the construction period.
25%
4th Installment
Completion of windows, doors and floor finishing, (or) within the 12th month of the construction period.
15%
5th Installment
On handover
10%

Read more here

 

Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Phuket
Choeng Thale

Neighborhood Overview

Location and Neighborhood

Street View

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