Unit ID: U73711
6% GUAR. RETURN FOR 3 YEARS
Mai Khao, Thalang,Phuket
฿21,000,000 Great Price
3 Bedrooms
4
Bathrooms
220 SqM
Indoor Area
1
Storeys
Mar 2024
Off Plan

About This Villa

This property is a 220 SqM villa with 3 bedrooms and 4 bathrooms that is available for sale. It is part of the Utopia Maikhao project in Mai Khao, Phuket and it is scheduled for completion in Mar 2024. You can buy this villa for a base price of ฿21,000,000 (฿95,455/SqM).

Get Ready to Blow Ya Socks Off: Utopia Villas at ฿95,455/SqM!

Hey y'all, get ready to experience the quad-fecta of villa life, 'cuz this 220 SqM crib for sale at the Utopia Maikhao project kitted-out with three sleepez and four full baths is sure to blow ya socks off! Located in Mai Khao, Phuket, this pad will provide the best of the best in design, technology and luxury. When we say that this place is ready to move in and set up, we really mean ready - it was completed just last December, so you won't have to wait. As parta the package, you get top-notch smart home tech, sleek and spacious contemporary interiors, and an unrivaled view of the turquoise ocean. Is the cherry on this delicious cake price? 'Cuz this pad can be yours for the incredible low-low price tag of ฿21,000,000 - that's only ฿95,455/SqM, a complete steal! So don't think twice, ya best ya act fast and hit us up for a viewin' 'fore it's too late - this Utopia villa is gonna fly off the shelf!

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace BalconyBalcony

Basic Information

Date Listed Jul 10, 2023
Updated 8 months ago
Property Type Villa
Storeys 1
Location Mai Khao, Phuket
Bedrooms 3
Nearest Landmark Mai Khao Beach -4.3 Km
Indoor Area 220 SqM
Price per SqM ฿95,455
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 220 SqM
Pets All Kind of Pets Allowed
Villa Ownership

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

Thai Ownership, Company, Leasehold
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.

Thai Ownership, Company, Leasehold
Land Title Deed N/A
Construction Off Plan (Mar 2024)
Furniture
Unfurnished
View(s) Sea View
Unit Type Villa Zone C
Parking Spots 1
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.
฿11,000/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U73711

Price Analysis

Great Price
Estimated market value ฿23,030,833
Great
฿20,300,000
Good
Fair
Above
฿24,900,000
Current asking Price: ฿21,000,000
This villa is ฿2,030,833 BELOW MARKET (-9%) in the Phuket area. It is analyzed against similar villas and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
Powered by FazWaz AVM

Investment Opportunity: Charges & Yield

Sale Price
฿21,000,000
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.
฿11,000/mo
Price-to-Rent Ratio
The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
17
Guaranteed Rental Return
6%
Guarantee Duration
3 Years

Project Details

Project Name: Utopia Maikhao
Construction: Off Plan (Mar 2024)
Units: 92
Project Area: 36,800 SqM
Nearest Landmark Mai Khao Beach - 4.3 Km
Location: Mai Khao, Phuket
Utopia Maikhao Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
Bar Bar
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Spa Spa
Reception / Lobby Area Reception / Lobby Area
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Shuttle Bus Shuttle Bus

Popular Facilities at Utopia Maikhao

  • Communal Pool
    1st Floor

Available Units at Utopia Maikhao

Available Units at Utopia Maikhao
฿12,600,000
฿81,186/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 155.20 SqM Size
Plot Size 155.20 SqM Plot Size
Thai Quota Unfurnished Pool View
Available Units at Utopia Maikhao
฿19,500,000
฿88,636/SqM
Beds 3 Beds
Baths 4 Baths
Size 220 SqM Size
Plot Size 220 SqM Plot Size
Unfurnished Pool View
Available Units at Utopia Maikhao
฿12,600,000
฿81,186/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 155.20 SqM Size
Plot Size 155.20 SqM Plot Size
Thai Quota Unfurnished Pool View
Available Units at Utopia Maikhao
฿19,500,000฿21,000,000
฿88,636/SqM
Beds 3 Beds
Baths 4 Baths
Size 220 SqM Size
Plot Size 220 SqM Plot Size
Unfurnished Pool View
Available Units at Utopia Maikhao
฿12,600,000
฿81,186/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 155.20 SqM Size
Plot Size 155.20 SqM Plot Size
Unfurnished Pool View
Available Units at Utopia Maikhao
฿12,600,000
฿81,186/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 155.20 SqM Size
Plot Size 155.20 SqM Plot Size
Thai Quota Unfurnished Pool View
Available Units at Utopia Maikhao
฿21,000,000
฿95,455/SqM
Great Price
Beds 3 Beds
Baths 4 Baths
Size 220 SqM Size
Plot Size 220 SqM Plot Size
Thai Quota Unfurnished Sea View
Available Units at Utopia Maikhao
฿12,600,000
฿81,186/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 155.20 SqM Size
Plot Size 155.20 SqM Plot Size
Thai Quota Unfurnished Pool View
Available Units at Utopia Maikhao
฿21,000,000
฿95,455/SqM
Great Price
Beds 3 Beds
Baths 4 Baths
Size 220 SqM Size
Plot Size 220 SqM Plot Size
Thai Quota Unfurnished Sea View
Available Units at Utopia Maikhao
฿12,600,000
฿81,186/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 155.20 SqM Size
Plot Size 155.20 SqM Plot Size
Thai Quota Unfurnished Pool View
Available Units at Utopia Maikhao
฿12,600,000
฿81,186/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 155.20 SqM Size
Plot Size 155.20 SqM Plot Size
Thai Quota Unfurnished Pool View
Available Units at Utopia Maikhao
฿12,600,000
฿81,186/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 155.20 SqM Size
Plot Size 155.20 SqM Plot Size
Thai Quota Unfurnished Pool View
Available Units at Utopia Maikhao
฿12,600,000
฿81,186/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 155.20 SqM Size
Plot Size 155.20 SqM Plot Size
Thai Quota Unfurnished Pool View
Available Units at Utopia Maikhao
฿15,750,000
฿106,419/SqM
Good Price
Beds 2 Beds
Baths 2 Baths
Size 148 SqM Size
Plot Size 148 SqM Plot Size
Thai Quota Unfurnished Garden View
Available Units at Utopia Maikhao
฿15,750,000
฿106,419/SqM
Good Price
Beds 2 Beds
Baths 2 Baths
Size 148 SqM Size
Plot Size 148 SqM Plot Size
Thai Quota Unfurnished Garden View
Available Units at Utopia Maikhao
฿15,750,000
฿106,419/SqM
Good Price
Beds 2 Beds
Baths 2 Baths
Size 148 SqM Size
Plot Size 148 SqM Plot Size
Thai Quota Unfurnished Garden View
Available Units at Utopia Maikhao
฿15,750,000
฿106,419/SqM
Good Price
Beds 2 Beds
Baths 2 Baths
Size 148 SqM Size
Plot Size 148 SqM Plot Size
Thai Quota Unfurnished Garden View
Available Units at Utopia Maikhao
฿15,750,000
฿106,419/SqM
Beds 2 Beds
Baths 3 Baths
Size 148 SqM Size
Plot Size 148 SqM Plot Size
Unfurnished Garden View
Available Units at Utopia Maikhao
฿15,750,000
฿106,419/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 148 SqM Size
Plot Size 148 SqM Plot Size
Thai Quota Unfurnished Garden View
Available Units at Utopia Maikhao
฿15,750,000
฿106,419/SqM
Good Price
Beds 2 Beds
Baths 2 Baths
Size 148 SqM Size
Plot Size 148 SqM Plot Size
Thai Quota Unfurnished Garden View
Available Units at Utopia Maikhao
฿15,750,000
฿106,419/SqM
Good Price
Beds 2 Beds
Baths 2 Baths
Size 148 SqM Size
Plot Size 148 SqM Plot Size
Thai Quota Unfurnished Garden View
Available Units at Utopia Maikhao
฿15,750,000
฿106,419/SqM
Good Price
Beds 2 Beds
Baths 2 Baths
Size 148 SqM Size
Plot Size 148 SqM Plot Size
Thai Quota Unfurnished Garden View
Get notified when new homes are being added to Utopia Maikhao
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Loan Calculator

Project Progress

Utopia Maikhao 70%
Expected completion date: March 2024

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
Down Payment
Upon reservation agreement signing
20%
1st Installment
Upon contract signing
30%
2nd Installment
100% construction completion
30%
3rd Installment
On handover
20%

Frequently Asked Questions

All kind of pets are allowed at Utopia Maikhao including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is ฿50 per square meter based on the size of indoor area of the property and is ฿11,000 for this villa. 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.
For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At Utopia Maikhao the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Utopia Maikhao offers a guaranteed rental return of 6% (based on the purchase price of the property) for a duration of 3 Years.
Read more here.
Mai Khao Beach is the nearest Beach from Utopia Maikhao and it is 4.3 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

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

After you have found the right property at Utopia Maikhao you have to follow these steps:

 

  • - Unit selection and agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - 1st Contract Payment
  • - Payment Installments
  • - Snag List
  • - Transfer

Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
Down Payment
Upon reservation agreement signing
20%
1st Installment
Upon contract signing
30%
2nd Installment
100% construction completion
30%
3rd Installment
On handover
20%

Read more here

 

Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

Do you own a property at Utopia Maikhao?

Find out how much your property is worth and start your listing for free.

Reviews

4.2 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The location is great and suitable for investment
Nathan Mcloughlin, Germany, 3 years ago
It is a spacious villa project that seems a large kingdom from Utopia affiliated projects. I think it's worth investing because there are many benefits and I think it's worth it. The location is great and suitable as a vacation home for investment. Now, it's not 100% completed yet, but I think it would be gorgeous when it is finished. Traveling is convenient and not far from the 5-star hotels and Mai Khao Beach. Anyway, it is quite far from Phuket Town, about 30 kilometers. It only takes about 10-15 minutes, and there is also a shuttle service to many places as well.
Phuket
Mai Khao

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Utopia Maikhao

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Number of units
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Location
Mai Khao, Thalang, Phuket
Number of units
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฿27.7M - ฿91.8M
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Year Built
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Number of units
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Year Built
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Completion Status
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Number of units
342
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฿1.88M - ฿18M
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฿20K - ฿30K
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Mai Khao, Thalang, Phuket
Number of units
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Sales Prices
฿18.4M - ฿34.1M
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Year Built
Nov 2009
Completion Status
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Location
Mai Khao, Thalang, Phuket
Number of units
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฿14M - ฿28M
▼ -28% underpriced
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