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This rare and off-market project includes 4 luxury modernstyle villas on subdivided plots directly owned by the developer. Each 3-bedroom, 4-bathroom villa spans 254 sqm and features a large terrace with a 8 meter pool. Priced at an exceptional 44,000 THB/sqm, these villas present a unique value and potential for capital gain . We confidently forecast a 10% ROI from long-term rentals.
We initially planned for 2 bedrooms and a separate kitchen, but finally converted the kitchen into a 3rd bedroom with an extra private bathroom to enhance investment potential, while adding an L-shaped kitchen in the dining area.
Construction Standings
The developer focuses on building enduring homes with premium materials, ensuring each project stands the test of time. Even after many years, their past developments remain in excellent condition, reflecting their dedication to quality. With a modern design philosophy and reliable construction techniques, they consistently deliver homes that not only look appealing but are built to last with strong concrete structures.
Location
THALA Villas offer a peaceful environment with easy access to the island’s vibrant attractions. Its central location ensures convenient travel to the airport and effortless exploration of Phuket’s amenities. This area blends tranquility with accessibility, making it perfect for both relaxation and adventure, while being close to Phuket’s main road.
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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.
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:
After you have found the right property at Thala Villas Phuket you have to follow these steps:
Untitle Installment Milestone Payment Reservation Deposit Immediately 50% 1st Installment End of construction 30% 2nd Installment On handover 20%