Unit ID: U1890216
10% Rental Yield
Wichit, Phuket Town,Phuket
$122,000
2 Bedrooms
2
Bathrooms
2,002 Sqft
Indoor Area
1
Storeys
Apr 2015
Completed

About This House

This property is a 2,002 Sqft house with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Wichit, Phuket and was completed in Apr 2015. You can buy this house for a base price of $122,000 ($61/Sqft).

Features

Private GardenPrivate Garden Covered ParkingCovered Parking Fully RenovatedFully Renovated (2021)

Basic Information

Date Listed Jul 5, 2024
Updated 4 months ago
Property Type House
Storeys 1
Location Wichit, Phuket
Bedrooms 2
Nearest Landmark Wat Chalong -2.7 Km
Indoor Area 2,002 Sqft
Price per Sqft $61
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
323 Sqft
Plot Size 2,325 Sqft
Pets All Kind of Pets Allowed
House Ownership

Foreign nationals can own the building (house) in their own name, but not the land that it stands on.

Thai Ownership
Land Ownership

Foreign nationals cannot own land in Thailand. The options in which a foreigner can control the land are via a 30-year lease or by purchasing the land through a Thai company.

Thai Ownership
Land Title Deed Chanote
Construction Completed (Apr 2015)
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, Garden View, Unblocked Open View
Unit Type N/A
Parking Spots 3
Pool Size 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 U1890216

Investment Opportunity: Charges & Yield

Sale Price
$122,000
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.
10
Rental Yield
This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 2 bedroom houses at Chao Fah Garden Home 5, and the current sales price.
10%

Project Details

Project Name: Chao Fah Garden Home 5
Developer: N/A
Construction: Completed (Apr 2015)
Units: 384
Project Area: N/A
Nearest Landmark Wat Chalong - 2.7 Km
Location: Wichit, Phuket
Chao Fah Garden Home 5 Project Details

Project Features

24H Security 24H Security
Car Parking Car Parking

Available Units at Chao Fah Garden Home 5

For Sale 7 For Rent 5
Get notified when new homes are being added to Chao Fah Garden Home 5
View All (7)

Loan Calculator

Frequently Asked Questions

All kind of pets are allowed at Chao Fah Garden Home 5 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Wat Chalong is the nearest Temple from Chao Fah Garden Home 5 and it is 2.7 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 Chao Fah Garden Home 5 you have to follow these steps:

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


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

Know this project? Be the first to review
+ Write a review
Phuket
Wichit

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Chao Fah Garden Home 5

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Location
Wichit, Phuket Town, Phuket
Number of units
15
Sales Prices
$150.79K
▲ 1% overpriced
Monthly Rentals
N/A
Year Built
Dec 2014
Completion Status
Completed
Project Name
Phuket Villa 2
Location
Wichit, Phuket Town, Phuket
Number of units
369
Sales Prices
$80.6K - $187.77K
Monthly Rentals
N/A
Year Built
Jun 2006
Completion Status
Completed
Location
Wichit, Phuket Town, Phuket
Number of units
100
Sales Prices
$121.33K - $635.52K
▼ -21% underpriced
Monthly Rentals
$491 - $3.76K
Year Built
Feb 2003
Completion Status
Completed
Project Name
Bella Villa
Location
Wichit, Phuket Town, Phuket
Number of units
10
Sales Prices
$519.97K - $722.19K
Monthly Rentals
N/A
Year Built
Jun 2024
Completion Status
Completed
Project Name
Omis Condominuim
Location
Wichit, Phuket Town, Phuket
Number of units
110
Sales Prices
$86.08K - $402.98K
Monthly Rentals
N/A
Year Built
Jan 2025
Completion Status
Off Plan
Location
Wichit, Phuket Town, Phuket
Number of units
N/A
Sales Prices
$456.42K - $563.3K
▼ -18% underpriced
Monthly Rentals
$3.47K - $4.33K
Year Built
Dec 2011
Completion Status
Completed
Location
Chalong, Phuket Town, Phuket
Number of units
100
Sales Prices
$254.21K - $878.79K
▲ 4% overpriced
Monthly Rentals
$2.31K - $2.89K
Year Built
Mar 2013
Completion Status
Completed
Project Name
Phuket Villa 5
Location
Wichit, Phuket Town, Phuket
Number of units
300
Sales Prices
$97.93K - $722.19K
Monthly Rentals
$491 - $1.59K
Year Built
Jan 2008
Completion Status
Completed
Project Name
Baan Prangthong
Location
Wichit, Phuket Town, Phuket
Number of units
84
Sales Prices
$257.1K - $288.87K
▲ 4% overpriced
Monthly Rentals
$1.01K - $3.47K
Year Built
Jan 2007
Completion Status
Completed
Location
Wichit, Phuket Town, Phuket
Number of units
212
Sales Prices
$153.1K
Monthly Rentals
$1.07K
Year Built
Sep 2020
Completion Status
Completed
Back to top
  • Fazwaz Group Sites
    All Countries
    www.fazwaz.cn www.fazwaz.ru www.fazwaz.fr www.fazwaz.es