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1 Bedroom Apartment 41 m² in Mai Khao, Phuket, Thailand — #2430581

$280,000
$6,829 /m²
  • Total area
    41 m²
  • Bedrooms
    1
  • Bathrooms
    1
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Advantages

Payment terms:

  • Reservation (non-refundable) — THB 200,000
  • 1st payment — sign contract (within 30 days after reservation) — 40% (less deposit)
  • 2nd payment — groundworks, structure, walls & floors completion (around october 2023) — 40%
  • 3rd payment — handover (commence operation — around Q1, 2024) — 20%

Leaseback program for 15 years:

6% guaranteed return for 3 years (net income before tax)

Years 4–15

  • Revenue sharing: 40% to owner — 60% for management
  • Rental pool sharing by unit type
  • 40% from total net room revenue to the owner
  • No worries expenses of operation cost
Location and nearby infrastructure

Mai Khao — which means’white wood’ in Thai — is situated on the northern part of Phuket Island. The pristine beach stretches over seven kilometers and abounds with native tropical plants and diverse wildlife, allowing for an escape to tranquility.

  • International airport 15 mins
  • Turtle village 10 mins
  • Blue Canyon golf 10 mins
  • Yacht Haven marina 15 mins
  • Laguna golf course 25 mins
  • Bangkok Hospital Phuket 40 mins
  • Central Festival/Floresta shopping mall 45 mins
  • Robinson Thalang 25 mins
More properties

If this property wasn’t for you, take a look at other new homes for sale in Thailand.

You can see more new homes for sale in Phuket and new homes for sale in Mai Khao elsewhere on our website.

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    Head of Sales
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      FAQs
      • Can I get a mortgage to buy new home in Thailand?

        Thai banks do not provide mortgage loans to buy new home in Thailand to non-residents. Moreover, foreign nationals can’t get a bank loan for any purpose.

      • How does the procedure of buying new home in Thailand work?

        The procedure of buying new home in Thailand is as follows: after choosing a property, you need to conclude a preliminary agreement with the seller, make an advance payment, and then start checking the compliance of the property (relevant documents and technical condition). After that, all parties sign the contract of sale of new home and the notary registers the transaction. As a rule, the purchase registration costs amount to approximately 10% of the property price.

      • Can a residence permit be obtained by buying new home in Thailand?

        Thailand does not issue residence permits as such, but different types of long-term visas do officially entitle to long-term stays in the country: such as investment, work and retirement visas. To get a long-term visa in Thailand with the possibility of extension when buying a new home, you must spend at least 10 million baht (about $316,000).

      • Can I make income by renting out real estate in Thailand?

        New homes in Thailand is in great demand among tourists and buyers. The season here lasts all year round, so you can earn money by renting out new home.

        There are many projects with guaranteed returns of 7–10%. Management companies provide full property maintenance service. You can also use your new homes as a holiday home for 2–4 weeks a year without losing income.

      • Who guarantees the security of the transaction when buying new home in Thailand?

        The security of the transaction is guaranteed by a notary who draws up the new home sale and purchase agreement and verifies information about previous and current owners of real estate, any outstanding restrictions, mortgages and third-party encumbrances. Tranio is not responsible for the parties involved in the transaction.

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