Peykaa Estate Villas

(2 Reviews)
Thep Krasattri, Thalang, Phuket
Nov 2014 Completed
18 Units
8,000 SqM Project Area

Overview of Peykaa Estate Villas in Thep Krasattri, Phuket

Peykaa Estate Villas is a house and villa project located in Thep Krasattri, Phuket and was completed in Nov 2014. It has 18 units and was developed by Erawana, who is also behind Erawana Grand, Tanode Estate and Tanode Villas 3.

About Peykaa Estate Villas

Peykaa Estate Villas, a luxury pool villa project on expansive land with an extra communal area and lush garden. The project is also secured with a security system for 24 hours to deliver residents' privacy and tranquility.

Every villa comes with a private swimming pool and an extensive outdoor area. Unique with the design for good ventilation and natural light. The construction is well monitored to meet the highest standards for a happy living of every member.

Peykaa Estate Villas is located conveniently, surrounded by local markets, shops, convenience stores, and many restaurants. It is also close to Bang Tao Beach and Layan Beach. Besides, it is very accessible to Boat Avenue, Choeng Thale, and Laguna. The area is home to many well-known hotels and the famous Laguna Golf Course, Phuket, within a 10-minute drive from the villa.

Project Information
Peykaa Estate Villas is located on 200 Pee Road, Thepkasattri, Thalang, Phuket. The project comprises 18 villas with a private swimming pool. They are custom-built villas on approximately 5 rai, developed by Erawana.

Villa Types
- 3 bedrooms (215 - 435 sq.m)
- 4 bedrooms (368 sq.m)

Facilities
- Garden
- 24-hour security system
- CCTV
- Parking

Direction to the Project
To get to the project by car, start from Thalang Intersection and head west on Don Chom Tao Road (Route 4030) for approximately 1.7 kilometers. Then, turn right on 200 Pee Road for 77 meters; you will find the project on your right.

Available Units at Peykaa Estate Villas

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Previous Sales (Secondary Market) at Peykaa Estate Villas

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

Convenience
Car Parking
Safety
24H Security
CCTV (Video Surveillance)

Management

Common Area Management 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.
£163
Sinking Fund :
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 Peykaa Estate Villas the required payment for the sinking fund is £2,170 per square meter based on the size of the indoor area of the property.
£2,170
Pets : Cats and Dogs (small only)

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
£6,520
1st Installment
Upon contract signing
30%
2nd Installment
Upon Completion of foundation
15%
3rd Installment
Upon Completion of structure up to roof height
15%
4th Installment
Upon Completion of unit fit-out
15%
5th Installment
Upon Completion of unit inspection
15%
6th Installment
On handover
10%

Master Plan

About the Developer - Erawana

All Erawana Projects
6 Projects 276 Units

Established in 2002 , Erawana Co., Ltd. has developed over 13 residential projects, comprising more than 150 villas in Phuket. Initially, we started with the very successful "Royal Estate: The Park" development in the Rawai/Nai Harn area. At the same time, we launched the Ploenchan projects (Phases 1-3) in the Pa-klock area, in the north east, to serve a lower price point. Today, our company has grown to a total headcount of 30, with full-time engineers and architects.

Our strong belief in the Thai tourism industry in general and in the Phuket real estate market in particular has led us to invest solely in Phuket, where we think the current property sector is only the tip of the iceberg.

The philosophy behind our properties can be summarised as "Practical Living", which incorporates the key factors of location, design and value-for-money. For example, the location of each project is carefully chosen to provide home buyers with a sense of community while we rely on extensive feedback, gathered from building no fewer than 150 units, to design homes that are truly functional.

Recently, we moved our head office to Bangkok since Erawana is actually a part of SEACON group, which is a large Thai conglomerate with various business interests including construction, the Renaissance hotel in Phuket, and the SEACON Square shopping centre.

Our strong track-record, commitment to Phuket, financial stability and the transparency of our company are the key factors behind our continued success. Most importantly, we realise that our success today would not have been possible without the support of our customers, whom have given us a tremendous vote of confidence.

Frequently Asked Questions

Frequently asked questions about Peykaa Estate Villas
Small dogs (weight under 15 kg), cats and small pets like rabbits, hamsters and guinea pigs are allowed at Peykaa Estate Villas.
The common area maintenance fee for properties at Peykaa Estate Villas is a fixed amount of £163. This amount 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 Peykaa Estate Villas the required payment for the sinking fund is a fixed amount of £2,170.
Bang Tao Beach is the nearest Beach from Peykaa Estate Villas and it is 3.4 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 Peykaa Estate Villas you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer
Installment Milestone Payment
Reservation Deposit
Immediately
£6,520
1st Installment
Upon contract signing
30%
2nd Installment
Upon Completion of foundation
15%
3rd Installment
Upon Completion of structure up to roof height
15%
4th Installment
Upon Completion of unit fit-out
15%
5th Installment
Upon Completion of unit inspection
15%
6th Installment
On handover
10%


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

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

Reviews

4.5 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Nice view to relax
Becki Stonecipher, Germany, 4 years ago
I came here for a vacation with my family. It was okay. The villa is spacious and beautiful. The garden and swimming pool area are huge, and the villa is perfectly gated, providing privacy and tranquility. The interior is luxuriously decorated and complete with facilities, including a kitchen, a living room, and a BBQ grilled area. It is very convenient. The project site is also secure, and the road is not dangerous. There are many people all night. The location is pleasant and close to Bang Tao Beach, restaurants, and Boat Avenue. I was generally impressed.
The location of the project is excellent.
Hannah G., United Kingdom, 5 years ago
The location of the project is excellent. It is in the neighborhood where I live. There are many markets and small shops, making it easy and convenient to buy food. Layan Beach and Boat Avenue Cherngtalay are located nearby, just a short drive for 9 minutes. The project itself is spacious and very private. The small gardens around the project make it shady. The villas range from 3-4 bedrooms with large private pools and a spacious usable area. The house condition is solid, durable, beautiful, and modern decoration. It is very livable.
Phuket
Thep Krasattri
Neighborhood Overview of Thep Krasattri, Phuket

Neighborhood Overview

Location and Neighborhood

Street View


Surrounding area

Peykaa Estate Villas is conveniently located just 790 m from 23 minimart, which can be reached within 10 mins. by foot.

There are many other shops situated in the area of Peykaa Estate Villas, the 3 closest being:
- FamilyMart is 1.0 km away (an approx. drive of 2 mins.)
- 7-Eleven is 1.5 km away (an approx. drive of 2 mins.)
- 7-Eleven is 3.1 km away (an approx. drive of 4 mins.)

The surrounding area, where Peykaa Estate Villas is situated, offers a wide variety of restaurants. See the closest of them below:
- Project Artisan is 540 m away (a walk of about 6 mins.)
- Sabays is 680 m away (a walk of about 8 mins.)
- Romyang restaurant is 690 m away (a walk of about 8 mins.)

Bankok International Hospital, 83,000 is the nearest health facility, which is 2.3 km away (you can drive there in 5 mins.) from the project, while the closest schools in the proximity of Peykaa Estate Villas are:
- Ban Don Community Learning Center is 1.9 km away (an approx. drive of 5 mins.)
- Ban Don Community Learning Center is 1.6 km away (an approx. drive of 4 mins.)
- Wat Thep Krasattri School is 1.8 km away (an approx. drive of 4 mins.)

Phuket International Airport is located 16.8 km from Peykaa Estate Villas and it takes about 24 mins. by car or taxi (depending on the traffic) to get there.

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