Ocean Town Muang-Ratsada

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Ratsada, Phuket Town, Phuket

Dec 2022 Completed

187 Units

32,120 SqM Project Area

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For Sale 6 Units

฿3,590,000

Overview of Ocean Town Muang-Ratsada in Ratsada, Phuket

Ocean Town Muang-Ratsada is a house and villa project located in Ratsada, Phuket and was completed in Dec 2022. It has 187 units

About Ocean Town Muang-Ratsada

Peaceful Living Everyday...at Ocean Town Phuket

Ocean Town has been designed with owners in mind, meeting their needs with ideal functional planning and design in a modern tropical style. Warm colour tones together with quality materials, plus home innovations help reduce the use of electric lighting through smart roofing systems which allow more natural light inside (Smart Touch Tech Roof and Sky Light Roof), the latest LED Panels use considerably less electricity than more traditional bulbs, while new tech glass allows 75% of natural light through but only 49% of the heat, keeping the home cooler. The common area is designed with a coastal touch, and resort-like environment. The unique pavilion and playground provide families with a space to enjoy quality time together.

Available Units at Ocean Town Muang-Ratsada

All
3 Beds

Get notified when new homes are being added to Ocean Town Muang-Ratsada

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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 Garden Area

Convenience

Car Parking

Safety

24H Security

CCTV (Video Surveillance)

Parking & Lift

Ratio of Parking Spaces to # of Units : 200%

Management

Frequently Asked Questions

The common area maintenance fee at Ocean Town Muang-Ratsada is ฿35 per square meter based on the plot size of the property. This fee has to be paid every month 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.

Rassada Pier is the nearest Pier from Ocean Town Muang-Ratsada and it is 1.9 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.

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After you have found the right property at Ocean Town Muang-Ratsada 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?

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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

Ratsada

Neighborhood Overview

Buy
฿673K - ฿1.7B
For Sale on Thaiger Property
277 properties
Rent
฿7.49K - ฿500K
For Rent on Thaiger Property
104 properties
To Jian Wanich Pier
0.7 km / 2 minutes by driving
To Phuket International Airport
34.0 km / 50 minutes by driving

Location and Neighborhood

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