id 5724

1-Bedroom Apartments, with urban view in Vip Great Hill project, on Nai Yang beach

1 Bedrooms Bedrooms
1 Bathrooms
Built-in area 32m²
2 325 000 THB
72 656 THB per m²

Elevate your living in a modern style at VIP Great Hill Condominium, a low-rise condominium in a modern and unique luxurious design from the combination of beautiful buildings and a friendly environment. Perfectly close to Nai Yang Beach and 5 minutes to Phuket International Airport. Embraced by lively scenery, the project gives a warm, homey feeling to relax in your private space of over 20 square meters. The project is fully equipped with excellent facilities, including a lobby, a fitness center, a swimming pool, a garden, and a

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Basic information

  • Deal type
    Sale
  • Property type
    Apartments
  • Construction
    Completed
  • Completion date
    2022
  • To the beach, m
    2300
  • Bedrooms
    1
  • Bathrooms
    1
  • Total area, m²
    32
  • Price per sqm
    72 656 THB
  • CAM Fees per sqm
    30 THB
  • View
    Urban View, Mountain View
  • Floor
    3
  • Floors
    7
  • Furnture
    Built-in furniture
  • Listed by
    Developer
  • Last updated
    30.09.2022

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Floor Plans & Master Plan

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Map view

2 325 000 THB
2 325 000 THB
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Anna Baranova
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For Foreign Buyers

Buying in Phuket as a Foreign National

A focused legal, tax, visa and lifestyle briefing tailored to this property and its location. Information is general guidance — InDreams Phuket recommends consulting a Thai-licensed lawyer before signing any reservation agreement.

01

Property Ownership Rules

Freehold Condominium Ownership

Foreigners can hold this unit as 100% freehold in their own name, provided the project remains within the 49% foreign ownership quota allowed under the Thailand Condominium Act B.E. 2522. Ownership is registered at the Land Office and the title (Chanote) is issued directly to the buyer.

  • Funds for the purchase must be remitted from abroad in foreign currency.
  • A Foreign Exchange Transaction (FET) form is required from the receiving Thai bank.
  • Ownership is permanent, inheritable, and freely transferable to another foreigner.
02

Investment Returns

5–8%
Typical net yield (area average)
60–70%
Annual income earned in Nov–Apr high season
8–12 yrs
Typical payback for well-managed rental units

Net rental yields in Phuket\'s prime west-coast areas typically range from 5% to 8%, depending on location, building age, management quality and seasonal occupancy. Capital appreciation in the same areas has historically averaged 5–7% per annum.

03

Tax & Fees for Foreign Buyers

Transfer Fee
2.0%
Of the government-appraised value. Most commonly split 50/50 between buyer and seller, but this is negotiable per contract.
Specific Business Tax (SBT)
3.3%
Applies if the seller has held the property for less than 5 years. Usually paid by the seller.
Stamp Duty
0.5%
Paid only if the SBT does not apply. Typically the seller's responsibility.
Withholding Tax
1–3%
Calculated on a progressive scale based on the seller's holding period. Always paid by the seller, never by the buyer.
Annual Land & Building Tax
0.02–0.10%
On the appraised value; rates depend on use (residential vs. commercial / leased).
Gift Tax
5%
Applies on transfers above 20 MTHB to non-relatives. Inheritance tax is 5% (descendants) or 10% (others) on estate value above 100 MTHB.

Total combined closing costs for a foreign buyer typically fall in the 3–5% range of the purchase price, depending on the deal structure and how transfer fees are split. InDreams Phuket can request a written closing-cost estimate from our partner law firm before you commit.

04

Visa Pathways for Property Owners

LTR — Long-Term Resident Visa
10-year renewable · multiple entry · work permit included

The flagship visa for foreign investors and high-income professionals. Four eligibility tracks: Wealthy Global Citizen (USD 1M+ in assets & USD 80K income), Wealthy Pensioner (age 50+, USD 80K pension/year), Work-from-Thailand Professional, and Highly Skilled Professional. Tax incentives include a flat 17% rate for HSP and no taxation on foreign-source income brought in.

Thailand Privilege (Elite) Visa
5 / 10 / 15 / 20 years · from 650,000 THB membership

The fastest and most popular route for property buyers who do not qualify for LTR. No income, age, or investment requirements beyond the one-time membership fee. Includes airport fast-track, dedicated concierge, and 90-day reporting handled by the program.

Investment Visa (Non-Immigrant IM)
1 year, renewable annually · min. 10 MTHB invested

Available to foreigners who invest at least 10,000,000 THB in qualifying assets, including condominium units registered as freehold to the applicant. Renewable indefinitely while the investment is maintained. Suitable for buyers acquiring premium units in this price range.

Retirement Visa (O-A / O-X)
1 or 5 years · age 50+ · from 800,000 THB on deposit

Long-established option for buyers aged 50 and above. Requires either 800,000 THB on a Thai bank deposit or a monthly income of 65,000 THB. O-X variant grants a 5-year stay for nationals of selected countries.

05

Lifestyle for Expats in Nai Yang

Nai Yang sits inside Sirinat National Park, just south of Mai Khao and a few minutes north of the airport. The bay is a long shallow arc with calm water in the dry season and proper Andaman swell in green season, which makes it one of the few west coast spots where local surfers actually gather. The village strip is small but real: a row of seafood restaurants facing the beach under the casuarina trees, a few dive shops, two yoga studios, a daily night market that sets up on the inland road and a small cluster of guesthouses. That mix gives Nai Yang a character that Mai Khao lacks. There is a village to walk to in the evening, a community of long-stay foreign residents who actually use it, and prices for both rentals and groceries are noticeably softer than down at Bang Tao. The resident expat profile leans toward families, retirees and remote workers who decided that proximity to the airport and a quieter beach mattered more than walking distance to Boat Avenue. Schools are 20 to 25 minutes south, hospitals are 30 minutes, and a car or scooter is essential. The Slate and Marriott resorts anchor the upper end of the dining scene, and the Carpe Diem and Coco Beach groups handle casual sunset crowds. Nai Yang rewards buyers who want a village feel without leaving the west coast.

International Schools
  • UWC Thailand International School 14 km
  • British International School Phuket (BISP) 20 km
  • HeadStart International School (Cherngtalay campus) 16 km
  • Berda Claude International School 17 km
Expat Community

Nai Yang village strip with seafood restaurants and beachfront cafes; Nai Yang night market (Thursdays and weekends) for cheap Thai food; The Slate resort dining hub; Boat Avenue and Porto de Phuket (about 18 km, 20 minutes south) for chain grocery and international restaurants; airport area Makro for bulk shopping.

Healthcare

Thalang Hospital — public (7 km); Bangkok Hospital Phuket (30 km); Mission Hospital Phuket (33 km). No large private hospital in the immediate north; expats typically register with Bangkok Hospital Phuket.

Beach Clubs & Dining

Coco Beach Restaurant Nai Yang, The Slate beach restaurants and Black Ginger fine dining, Phuket Marriott Resort and Spa Nai Yang beachfront bar, Mr Kobi beach restaurant, Carpe Diem Beach Club Nai Yang.

Legal disclaimer. The information above is summarised for general guidance and reflects Thai law and market practice as of the page-generation date. It is not legal, tax or immigration advice. Always confirm details with a Thai-licensed lawyer, tax advisor and the relevant Royal Thai Embassy before committing to a purchase.