The Local Residence Phuket

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Thep Krasattri, Thalang, Phuket
Dec 2018 Completed

Overview of The Local Residence Phuket in Thep Krasattri, Phuket

The Local Residence Phuket is a house and villa project located in Thep Krasattri, Phuket and was completed in Dec 2018. It has units

Available Units at The Local Residence Phuket

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View All (5)
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

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Facilities and Floor Plans

Facilities

Leisure
Communal Pool
Convenience
Car Parking
Reception / Lobby Area
Safety
24H Security
CCTV (Video Surveillance)

Management

Pets : Not Allowed

Frequently Asked Questions

Frequently asked questions about The Local Residence Phuket
No pets are allowed at The Local Residence Phuket unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Bang Pae Waterfall is the nearest Waterfalls from The Local Residence Phuket and it is 5.1 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 The Local Residence Phuket you have to follow these steps:

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


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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
Thep Krasattri
Neighborhood Overview of Thep Krasattri, Phuket

Neighborhood Overview

Location and Neighborhood

Street View


Surrounding area

The Local Residence Phuket is located 1.1 km away from paraphernalia and it can be reached within 1 min by car.

There are many other shops situated in the area of The Local Residence Phuket, the 3 closest being:
- 77Custom Technician is 1.1 km away (an approx. drive of 1 min.)
- Indy shop is 5.7 km away (an approx. drive of 8 mins.)
- Born in Thalang, the new city amulet is 6.3 km away (an approx. drive of 9 mins.)

The surrounding area, where The Local Residence Phuket is situated, offers a wide variety of restaurants. See the closest of them below:
- Baan I-Aoon Homey Bistro Baan I-Aoon Homey Bistro is 580 m away (a walk of about 7 mins.)
- Chayah, rice and curry, cooked to order is 1.1 km away (approx. 2 mins. by car)
- Hayaki Takoyaki is 1.1 km away (approx. 1 min. by car)

Phuket Project is the nearest health facility, which is 5.2 km away (you can drive there in 6 mins.) from the project, while the closest schools in the proximity of The Local Residence Phuket are:
- Ban Para Child Development Center is 10.2 km away (an approx. drive of 11 mins.)
- Ban For School is 1.9 km away (an approx. drive of 2 mins.)
- Ban Laem Sai School is 5.1 km away (an approx. drive of 7 mins.)

Phuket International Airport is located 10.3 km from The Local Residence Phuket and it takes about 13 mins. by car or taxi (depending on the traffic) to get there.

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