Sakhu, Thalang, Phuket
Cocoon Villas Phase 3 is our new development featuring 8 luxurious villas nestled within a peaceful and tranquil setting. Designed with a modern and contemporary flair, each villa sits on expansive plots of land ranging from 580 to 630 sqm. and boasts a generously sized private pool, with dimensions between 52 and 65 sqm surrounded by tropical trees and lush garden.
Set in the peaceful area of Nai Thon, on Phuket West Coast, the development is a short distance away from Nai Thon and Nai Yang beaches, local and international restaurants, Phuket International Airport.
Perfect for a primary residence or rental investment, villa owners can anticipate a lucrative return on investment, as Phuket consistently ranks among the world’s premier tourist destinations.
3
Beds
3
Baths
382
SqM
Size
580
SqM
Plot Size
3
Beds
3
Baths
380
SqM
Size
602
SqM
Plot Size
3
Beds
3
Baths
380
SqM
Size
616
SqM
Plot Size
3
Beds
3
Baths
380
SqM
Size
630
SqM
Plot Size
3
Beds
3
Baths
380
SqM
Size
630
SqM
Plot Size
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 Cocoon Villas Phase 3 you have to follow these steps:
Terms of Payment Installment Milestone Payment Reservation Deposit Upon contract signing ฿300,000 1st Installment Within 30 days of Booking Deposit Payment (minus RD) 30% 2nd Installment Upon Completion of Pilings & Foundation 15% 3rd Installment Upon Completion of Main Structure 15% 4th Installment Upon Completion of Roof, Walls & Partitions 15% 5th Installment Upon Completion of Floors tiles and wall tiles 15% 6th Installment Delivery of the Villa ready for Occupancy 5% 7th Installment Within 30 days after the developer notifies the date of registration of transfers of ownership 5%
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