id 5904

3-Bedroom Penthouse, with sea view, on Chalong beach

3 Bedrooms Bedrooms
3 Bathrooms
Built-in area 342m²
29 000 000 THB
84 795 THB per m²

This property is a 342 SqM penthouse with 3 bedrooms and 3 bathrooms that is available for sale. It is part of theSerenity Resort & Residences project in Rawai, Phuket and was completed in Dec 2007. You can buy this penthouse for a base price of ฿23,000,000 (฿67,251/SqM).

This 3 bedroom 3 bathroom panoramic sea view penthouse is located in a prime location of Rawai Beach. The penthouse is built on 3 stories and comes with its private roof terrace with a Jacuzzi and plenty of space to relax and enjoy the very nice panoramic

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Basic information

  • Deal type
    Sale
  • Property type
    Penthouse
  • Construction
    Completed
  • Completion date
    2009
  • To the beach, m
    4200
  • Bedrooms
    3
  • Bathrooms
    3
  • Total area, m²
    342
  • Price per sqm
    84 795 THB
  • CAM Fees per month
    19 000 THB
  • View
    Sea View, Pool view
  • Furnture
    Furnished
  • Listed by
    Private person
  • Ownership
    Foreign Freehold, Company
  • Last updated
    17.01.2023

Additional photo

Home improvement

Map view

29 000 000 THB
29 000 000 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 Chalong

Chalong is the practical and administrative heart of southern Phuket. It is not a beach destination in the traditional sense, since the bay is used as an anchorage for the islands rather than for swimming, but that is exactly why it works so well as a long stay base. Chalong Circle is the road junction where Phuket Town, Rawai, Kata and the Big Buddha all meet, which means almost everything the foreign community needs sits within a five kilometre radius: Makro, Tesco Lotus, Villa Market, half the islands visa agents, the immigration office, dental clinics, motorbike rentals and Mission Hospital. The expat population is large and mixed, with strong British, Australian, French, Scandinavian and Russian communities, plus a steady flow of families connected to the British Curriculum International School (BCIS), which sits right in the area. Day to day life skews residential. People live in moo baan estates and condos in the hills above the bay, drive to Rawai or Nai Harn for beach time, and use Chalong Pier for weekend trips to Coral Island, Racha and the Phi Phi group. Dining ranges from the long established Kan Eang at Pier on the bay to Greek Kitchen on the Big Buddha road and Chalong Bay Rum distillery tours. Chalong suits buyers who want infrastructure, school access and value rather than a beachfront address.

International Schools
  • British Curriculum International School (BCIS) Phuket 5 km
  • HeadStart International School (Phuket Town campus) 9 km
  • QSI International School of Phuket 10 km
  • Kajonkiet International School Phuket 8 km
Expat Community

Chalong Circle with banks, Makro, Tesco Lotus and visa offices; Chalong Pier for island boats and seafood; Big Buddha access road; Villa Market in Chalong; Wat Chalong temple and surrounding local food strip; Friday Phuket Town night market 15 minutes north.

Healthcare

Mission Hospital Phuket (8 km, private); Bangkok Hospital Phuket (10 km, JCI-accredited); Vachira Phuket Hospital (12 km, public, major trauma centre).

Beach Clubs & Dining

Kan Eang at Pier Restaurant (long established seafood institution on Chalong Bay), Greek Kitchen on the road to Big Buddha, Chalong Bay Rum Distillery and Mixing Lab (tours and cocktails), Latitude Sky Bar, On The Rock Restaurant at Marina Phuket Resort.

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.