Thailand - Exclusive Front Line Beach Property in Nai Thon Beach Phuket For Sale
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.
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.
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.
- 5 Bedrooms
- 5 Bathrooms
- Living area: 1,200 m2
- Land size: 1,428 m2
- Maids room for 2 staffs, with its own kitchen
- Kitchen cabinets produced by Dada for Molteni
- Appliances by Gaggenau, separate pantry
- Dining table from Italian design house Cassina
- Covered BBQ entertaining area
- Security 24 h and parking for 2 cars
- Beachfront property
- Possibility to make a 6th bedroom
- Property type: Beachfront, hillside, beachside,
- Property location: Thailand, Phuket, Nai Thon
Price 157,405,000฿
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:
- Signature of the sales contract: 20%.
- Completion of the foundations or base of the villa: 20%.
- Completion of columns, floor slabs and roof frames: 20%.
- Completion of the structure of the villa, including external doors and windows: 20%.
- Substantial completion of the villa and final transfer of ownership: 20%.
Sinking fund:
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:
- 24-hour on-site security.
- Maintenance and watering of all common area landscaping.
- Cleaning and maintenance of all common areas.
- Management office and staffing as well as related costs, accounting and insurance.
- Electricity and water supply in the common areas. Waste collection and pest control.
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.