Thep Krasattri, Thalang, Phuket
College Villas Phase II offers semi-detached townhouses. These units are situated on land areas ranging from 158 to 172 square meters, each featuring a garage, a front yard, and a backyard. The houses have a height between 3.2 meters and 4.5 meters with starting prices of 9.5 million baht (MB). The project is designed to accommodate UWC Thailand International School staff and students, specifically 150 staff members and 610 students. It is estimated to offer a rental yield of 6% per year. The villas will be fully fitted upon delivery, which is expected by the end of 2026. The location is very convenient, situated just 30 seconds away from UWC Thailand International School.
TYSSEN VIP is a Real Estate development brand jointly launched by TYSSEN Group, a company with deep expertise in asset management, and VIP Thailand Group, a famous local developer in Phuket, Thailand. The integration between the two groups is aimed at providing better Real Estate products for World investors in Thailand. TYSSEN VIP Development integrated the international team and experience from TYSSEN Group in Real Estate investment, project marketing and sales, property and hotel management, legal, accounting and tax consulting, etc. Meanwhile, it inherited the experience of Real Estate development and project management from VIP Thailand Group along with all the land reserves of more than 320,000 square meters from both groups . The TYSSEN VIP Development, will become the rising star in Thailand Real Estate industry.
The Group's strategic layout, as of now, is mainly focus on Phuket Island, which has the highest comprehensive per capita spending in Thailand. Focusing on user needs, it makes full use of the spirit of craftsmanship, carefully crafts products, and establishes an ideal living environment. From the first project, we knew that a building with emotion and vitality should carry the search and return to the connotation of life, let the natural landscape and architectural art organically integrate, and let the house have its own thoughts and comfort. The restless soul of the city begins to enjoy the real life and explore the deeper meaning of life.
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 College Villas Phase II you have to follow these steps:
Payment Term Installment Milestone Payment Reservation Deposit Immediately ฿100,000 1st Installment Upon contract signing 30% 2nd Installment Construction Start 30% 3rd Installment 100% construction completion 30% 4th Installment On handover 10%
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