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Fifth Element
Choeng Thale, Thalang, Phuket
2 Units For Sale
฿34,706,000
▼ -10.3%
underpriced
Overview of Fifth Element in Choeng Thale, Phuket
Fifth Element is a house and villa project located in Choeng Thale, Phuket It has 17 units and was developed by Art House Group, who is also behind Hennessy Villa, Hennessy Residence and Above Element.
About Fifth Element
Fulfill your high-end relaxation in the living area of happiness with Fifth Element, a contemporary colonial-style pool villa project uniquely designed to provide residents privacy in every square inch with only 11 pool villas. The interior design consists of 3 bedrooms and 4 bathrooms, a walk-in dressing room in the master bedroom, a fully equipped kitchen, an open plan living and dining room, a bathroom with a bathtub, a laundry room and a full set of built-in furniture. In addition, the outdoor space is also distinguished by a large private swimming pool surrounded by shady green gardens, a poolside relaxation area, a private parking lot, etc. Fifth Element also offers 6 commercial buildings designed in the style of 3 bedroom, and 3 bathroom detached homes for a cost-effective investment. The project area gives you ultimate privacy and provides property management services, a 24-hour security system, etc. This project is located in the prime Thalang area close to Laguna Phuket within walking distance and not far from Bang Tao Beach, Layan Beach, Boat Avenue, Porto De Phuket, Blue Tree, etc.
Project Information
Fifth Element is located at Choeng Thale, Thalang, Phuket. It is a build to order private pool villa and commercial building project. The construction took approximately 12 months. There are 17 units built on an area of 4-3-20 rai. The project was developed by Art House Group.
Property Types and Details
Villa (11 units): 3 bedrooms, 4 bathrooms with a swimming pool, garden and private parking spaces (usable area 354-486 sq.m.) (land size 86-160 sq.m.)
Commercial building (6 units): 3 bedrooms, 3 bathrooms (usable area 198-207 sq.m.) (land size 28-49 sq.m.)
Project Facilities
24-Hour Security
CCTV (Video Surveillance)
Direction to the Project
Traveling by car: You can start from Bang Tao Beach, head east for 400 meters, turn left for about 800 meters, turn slightly left at Soi Cherngtalay 16 and go straight for 600 meters. Afterward, turn left onto Pasak-Koktanod Road for 400 meters and turn left for only 37 meters. The project will be on your right.
Project Information
Fifth Element is located at Choeng Thale, Thalang, Phuket. It is a build to order private pool villa and commercial building project. The construction took approximately 12 months. There are 17 units built on an area of 4-3-20 rai. The project was developed by Art House Group.
Property Types and Details
Villa (11 units): 3 bedrooms, 4 bathrooms with a swimming pool, garden and private parking spaces (usable area 354-486 sq.m.) (land size 86-160 sq.m.)
Commercial building (6 units): 3 bedrooms, 3 bathrooms (usable area 198-207 sq.m.) (land size 28-49 sq.m.)
Project Facilities
24-Hour Security
CCTV (Video Surveillance)
Direction to the Project
Traveling by car: You can start from Bang Tao Beach, head east for 400 meters, turn left for about 800 meters, turn slightly left at Soi Cherngtalay 16 and go straight for 600 meters. Afterward, turn left onto Pasak-Koktanod Road for 400 meters and turn left for only 37 meters. The project will be on your right.
Available Units at Fifth Element
3
3
370
374.05
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
Facilities and Floor Plans
Facilities
Safety
24H Security
CCTV (Video Surveillance)
Parking & Lift
Ratio of Parking Spaces to # of Units
: 300%
Parking Type
: Conventional
Charging Stations on Site
: No
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.
฿3,532
Freehold Premium :
Developments that are popular with overseas buyers usually sell their foreign freehold quota units first. This higher demand is being reflected in the unit prices via the freehold premium.
฿250,000
Pets :
All Kind of Pets Allowed
Payment Plan
Installment
Milestone
Payment
Deposit
Immediately
฿150,000
1st Installment
Upon contract signing
35%
2nd Installment
Land plot preparation
5%
3rd Installment
Completion footing and foundation
10%
4th Installment
Completion of main structure
15%
5th Installment
Completion of window and partition
15%
6th Installment
Completion of floor tile and finishing
10%
7th Installment
Completion of villa and move in
5%
8th Installment
On handover
5%
Master Plan
About the Developer - Art House Group
All Art House Group Projects
8 Projects
938 Units
Frequently Asked Questions
All kind of pets are allowed at Fifth Element including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee for properties at Fifth Element is a fixed amount of ฿3,532. 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.
Bang Tao Beach is the nearest Beach from Fifth Element and it is 1.5 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.
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?
After you have found the right property at Fifth Element 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 Deposit Immediately ฿150,000 1st Installment Upon contract signing 35% 2nd Installment Land plot preparation 5% 3rd Installment Completion footing and foundation 10% 4th Installment Completion of main structure 15% 5th Installment Completion of window and partition 15% 6th Installment Completion of floor tile and finishing 10% 7th Installment Completion of villa and move in 5% 8th Installment On handover 5%
Reviews
4.7 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The villa is beautifully modern and unique.
The villa is beautifully modern and unique. It seems to be larger than 350 square meters, has 3 bedrooms and 4 bathrooms. Considering its size, I would call it a mansion. The villa is also decorated with built-in furniture. At the front, there is a swimming pool and a private garden suitable for living in a large family and very livable as the dream home of many people for sure. Unfortunately, the facilities are almost nothing except for the security system. Yet it is a good place to stay because the location is excellent, close to Laguna Phuket, Porto de Phuket and Villa Market. Everything is comfortable.
Phuket
Choeng Thale
Neighborhood Overview
-
Buy
฿1.62M - ฿814M -
For Sale on SamuiTimes
6,539 properties -
Rent
฿10.1K - ฿3.55M -
For Rent on SamuiTimes
827 properties -
To Villa Market - Laguna
0.8 km / 2 minutes by driving -
To Phuket International Airport
19.4 km / 26 minutes by driving
Location and Neighborhood
Surrounding area
Fifth Element is conveniently located just 530 m from 7-Eleven, which can be reached within 6 mins. by foot.
There are many other shops situated in the area of Fifth Element, the 3 closest being:
- Plaza Del Mar is 400 m away (about 5 mins. by foot)
- Lagoon Thai Crafts is 720 m away (about 9 mins. by foot)
- MUDI essence of luxury (2) is 590 m away (about 7 mins. by foot)
The surrounding area, where Fifth Element is situated, offers a wide variety of restaurants. See the closest of them below:
- million food order is 390 m away (a walk of about 5 mins.)
- Pasta is 510 m away (a walk of about 6 mins.)
- Flame is 520 m away (a walk of about 6 mins.)
Bangkok Hospital Clinic Bangtao is the nearest health facility, which is 1.8 km away (you can drive there in 5 mins.) from the project, while the closest schools in the proximity of Fifth Element are:
- Phuket Driving Range is 160 m away (about 2 mins. by foot)
- Cherng Thalay Wittayakom School is 470 m away (about 6 mins. by foot)
- School DANI KAJUKIET is 1.7 km away (an approx. drive of 4 mins.)
Phuket International Airport is located 19.2 km from Fifth Element and it takes about 26 mins. by car or taxi (depending on the traffic) to get there.
Projects Nearby Fifth Element
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Monthly Rentals
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Sales Prices
N/A
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Number of units
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Monthly Rentals
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Choeng Thale, Thalang, Phuket
Number of units
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N/A
Year Built
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Location
Choeng Thale, Thalang, Phuket
Number of units
N/A
Sales Prices
฿14M
Monthly Rentals
฿60K - ฿85K
Year Built
Aug 2020
Completion Status
Completed
Projects Nearby Fifth Element
Save
CANVAS Cherngtalay
Shambhala Grand villas By Cozy Lake
Shambhala Grand Villa
Boat Avenue Residence
Bee Villa Wellness Resort Phuket
Picasso Villa
Radi Pool Villa
Riverhouse Phuket
Salila Sol
Sabai Pool Villa