Phuket Land for SALE
This Phuket land for sale is an excellent opportunity, boasting a mostly flat terrain that is ready for construction. It already has essential amenities in place, including electric, water, and road access. The property holds a registered Chanote land title deed, ensuring secure ownership.
With a size of just over 1 Rai (1,750 sqm), this land is conveniently located a mere 2 minutes away from the popular Nai Harn Beach. Recently, it has been subdivided into four individual plots, with each plot having its own Chanote title deed. The total land area is 1,750 sqm, priced at 9.5 million THB (valid as of 2019). Each of the four individual plots is approximately 400 sqm in size and priced at 3.7 million THB.
Regarding the fees, the transfer fee and stamp duty fee are to be split equally (50/50) between the buyer and seller.
The seller has requested specific payment terms as follows:
A) Reservation: The seller requires a Reservation Payment of 200,000 THB along with a signed Reservation Agreement by both parties, which outlines the agreed terms and price. Upon receiving the Reservation Payment, the seller will provide all necessary documents for the buyer to perform a Due Diligence on the property and initiate a land purchase contract. If any issues arise during the Due Diligence report, the Reservation Payment is fully refundable.
B) Deposit: A deposit of 30% is required at the signing of the land purchase contract, which typically takes place approximately 30 days after the Reservation Agreement.
C) Balance: The remaining balance is to be paid in full at the time of transfer at the land office, which typically occurs around 60 days after the Reservation Payment.
These payment terms have been requested by the seller and provide a clear roadmap for the transaction. It is important to review and discuss these terms with the seller to ensure mutual understanding and agreement.
If you are interested in this Phuket land for sale, we recommend taking the next steps as outlined by the seller to secure the property and proceed with the purchase.