Thailand - Exclusive Front Line Beach Property in Nai Thon Beach Phuket For Sale
Exceptional beachfront villa for sale, on the hillside at Nai Thon Beach, on the chic North West coast of Phuket. This fantastic property along the beach has set new standards in luxury living as one of the premium residential estates on Phuket’s island.
EXCEPTIONAL VILLA NAI THON BEACH
The location of this beachfront home in Phuket within the properties setting is just amazing. The structures position and its orientation on the cliff edge enhances the panorama of the Andaman Sea views, creating an exceptional place of contemplation and relaxation.
This high end luxurious property near the beach offers a luxurious fusion of Thai and Western style, designed with a comfortable lifestyle in mind. The privacy is unique and the architecture in harmony with site natural features. This fantastic property is brand new, giving you the possibility to put your own and unique mark on it according to your tastes.
BREATHTAKING SEA VIEWS
The property overlooks the breathtaking turquoise waters of the bay. Clean lines, swathes of glass and high ceilings combine to magnify the harmony of this place. Beds, wardrobes and toilets from renowned Italian Molteni. Suite 1 and Suite 2: Private Sea views balcony, air conditioning and fan, luxurious bathroom with toilet cubicle, twin sinks and separate rain shower unit, wardrobes. Chairs and beds from Poltrona Frau (Italy) Chubb security.
Suite 3: Private sea views balcony, luxury bathroom with toilet cubicle, twin sinks, separate rain shower and a showpiece bathtub.
Wardrobes, beds and cabinets from Poltrona Frau, that combine elegance and perfection.
THE PROPERTY IN IMAGES
A summary of the process of buying property in Phuket.
Payment terms when buying property in Phuket:
The majority of new properties in Phuket are sold off-plan or under construction. Buyers will always be asked to pay a deposit for the reservation of the unit they have chosen. This ensures that the property is taken off the market. Thereafter, some time (usually 30 days) is allowed to draw up the legal documents before the first payment is made on signing the contract.
Thereafter, the remaining payments are usually spread over the duration of the construction.
Here is an example:
In a new villa or condominium development, each owner will pay an initial amount into a sinking fund when ownership is transferred. This amount will be used in the future for major renovations and repairs that are not part of the operating budget.
Common area management costs:
In a villa scheme (note that this also applies to a condo/apartment building), specifically appointed property managers will normally be responsible for managing the common areas.
This service includes:
The property management company reports directly to the owners’ committee on management issues and the financial status of the project.
As a reminder, according to Thai law, foreigners are not allowed to own land outright, so a series of 30-year renewable leases are granted (Leasehold).
However, a foreigner can own the house or villa he buys (the building, not the land).
As for apartments or condominiums, there are no restrictions for foreigners to buy provided that the number of foreign owners owning a flat in the same building does not exceed 49%.
Indeed, the law stipulates that the majority of the owners must be Thai nationals.
Of course, Thai buyers are able to purchase land and house in real estate developments that offer the option of full ownership.