3 Bedroom Townhouse for sale at Ocean Town Muang-Ratsada

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Ratsada, Phuket Town,Phuket
Unit ID: U1956160
3 Bedrooms
3 Bathrooms
1,238 Sqft Indoor Area
2 Storeys
Dec 2022 Completed

About This Townhouse

This property is a 1,238 Sqft townhouse with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Ratsada, Phuket and was completed in Dec 2022. You can buy this townhouse for a base price of ₿2.059 (₿0.002/Sqft).

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Corner UnitCorner Unit BalconyBalcony

Basic Information

Date Listed Oct 28, 2024
Updated N/A
Property Type Townhouse
Storeys 2
Location Ratsada, Phuket
Bedrooms 3
Nearest Landmark Rassada Pier -1.9 Km
Indoor Area 1,238 Sqft
Price per Sqft ₿0.002
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 1,481 Sqft
Pets N/A
Townhouse Ownership

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

Foreign Ownership, Thai Ownership, Company
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.

N/A
Land Title Deed N/A
Construction Completed (Dec 2022)
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.
Built In
View(s) City View, Garden View
Unit Type Tide
Parking Spots 2
Pool Size N/A
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.
₿0.002/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U1956160

Investment Opportunity: Charges & Yield

Sale Price
₿2.059
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.
₿0.002/mo

Project Details

Project Name: Ocean Town Muang-Ratsada
Developer: N/A
Construction: Completed (Dec 2022)
Units: 187
Project Area: 345,737 Sqft
Nearest Landmark Rassada Pier - 1.9 Km
Location: Ratsada, Phuket
Ocean Town Muang-Ratsada Project Details

Project Features

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

Available Units at Ocean Town Muang-Ratsada

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Frequently Asked Questions

The common area maintenance fee is ₿0 per square meter based on the plot size of the property and is ₿0.002 for this townhouse. This fee 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.
Rassada Pier is the nearest Pier from Ocean Town Muang-Ratsada and it is 1.9 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

After you have found the right property at Ocean Town Muang-Ratsada you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer


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

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.

 

Read more here

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Phuket
Ratsada

Neighborhood Overview

Location and Neighborhood

Street View

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