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    2 Bedroom Apartment for sale at Melville House
    Patong, Kathu,Phuket
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    Sale Price
    $142,000 $154,000
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    2 Bedroom Apartment for sale at Melville House
     (Write Review)
    Unit ID: U1058904
    9% Rental Yield
    Tenant-Occupied until Sep 1, 2025
    Patong, Kathu,Phuket
    $142,000 $154,000
    2 Bedrooms
    1
    Bathroom
    1,399 Sqft
    Size
    Dec 2007
    Completed
    15
    Sale Price
    $142,000
    $154,000

    About This Apartment

    This property is a 1,399 Sqft apartment with 2 bedrooms and 1 bathroom that is available for sale. It is part of the project in Patong, Phuket and was completed in Dec 2007. You can buy this apartment for a base price of $142,000 ($102/Sqft) and it is also available for long term rentals starting from $1,020 per month.

    Features

    BalconyBalcony Full Western KitchenFull Western Kitchen MicrowaveMicrowave OvenOven TVTV

    Basic Information

    Date Listed Dec 19, 2022
    Updated 2 months ago
    Property Type Apartment
    Floor N/A
    Bedrooms 2
    Size 1,399 Sqft
    Price per Sqft $102
    Pets Cats and Dogs (small only)
    Apartment Ownership

    Foreign nationals can own condominium units as freehold owners in buildings where no more than 49% of the unit floor space is owned by foreigners. Units that are part of the Thai quota or are being leased for 30 years can be converted to the foreign freehold quota if it is currently below 49%.

    Leasehold
    Furniture
    A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
    Fully Furnished
    View(s) City View, Unblocked Open View
    Unit Type N/A
    Building N/A
    CAM 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.
    N/A
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1058904

    Investment Opportunity: Charges & Yield

    Sale Price
    $142,000
    Rent
    $1,020/mo
    Price-to-Rent Ratio
    The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
    12
    Rental Yield
    This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
    9%

    Project Details

    Project Name: Melville House
    Developer: N/A
    Construction: Completed (Dec 2007)
    Floors: 6
    Buildings: N/A
    Units: 4
    Project Area: N/A
    Nearest Landmark Central Patong - 1.4 Km
    Location: Patong, Phuket
    Melville House Project Details

    Project Features

    Communal Pool Communal Pool
    Bar Bar
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Reception / Lobby Area Reception / Lobby Area

    Available Units at Melville House

    For Sale 1 For Rent 3
    • All
    • 2 Beds
    Get notified when new homes are being added to Melville House
    View All (1)

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    Frequently Asked Questions

    Small dogs (weight under 15 kg), cats and small pets like rabbits, hamsters and guinea pigs are allowed at Melville House.
    Central Patong is the nearest Shopping Mall from Melville House and it is 1.4 km away.

    Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.

    In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name.  The ownership titles of these 49 units is referred to as Freehold or Foreign Quota. 

    This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.

     

    Read more here

    After you have found the right property at Melville House you have to follow these steps:

    • - Agreement of terms and conditions
    • - Reservation Agreement
    • - Reservation Deposit
    • - Sales and Purchase Agreement
    • - Settlement & Transfer

     


    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

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    Phuket
    Patong

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