Unit ID: U1848854
7% Rental Yield
Wichit, Phuket Town,Phuket
$92,300
2 Bedrooms
1
Bathroom
1,722 Sqft
Indoor Area
1
Storeys
Dec 2024
Completed

About This Townhouse

This property is a 1,722 Sqft townhouse with 2 bedrooms and 1 bathroom that is available for sale. It is part of the project in Wichit, Phuket and was completed in Dec 2024. You can buy this townhouse for a base price of $92,300 ($54/Sqft).

Features

Fully RenovatedFully Renovated (2024)

Basic Information

Date Listed May 25, 2024
Updated 1 day ago
Property Type Townhouse
Storeys 1
Location Wichit, Phuket
Bedrooms 2
Nearest Landmark KING POWER Phuket -1.6 Km
Indoor Area 1,722 Sqft
Price per Sqft $54
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
431 Sqft
Plot Size 1,378 Sqft
Pets All Kind of Pets Allowed
Townhouse Ownership

Foreign nationals can own the building (townhouse) 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 (Dec 2024)
Furniture
Unfurnished
View(s) N/A
Unit Type N/A
Parking Spots 1
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 U1848854

Investment Opportunity: Charges & Yield

Sale Price
$92,300
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.
13
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 townhouses at Phuket Villa California, and the current sales price.
7%

Project Details

Project Name: Phuket Villa California
Developer: N/A
Construction: Completed (Aug 1998)
Units: 878
Project Area: N/A
Nearest Landmark KING POWER Phuket - 1.6 Km
Location: Wichit, Phuket
Phuket Villa California Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Outdoor Kids Zone Outdoor Kids Zone
Communal Garden Area Communal Garden Area

Available Units at Phuket Villa California

For Sale 5 For Rent 3
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Frequently Asked Questions

All kind of pets are allowed at Phuket Villa California including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
KING POWER Phuket is the nearest Shopping Mall from Phuket Villa California and it is 1.6 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 Phuket Villa California 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

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Phuket
Wichit

Neighborhood Overview

Location and Neighborhood

Street View

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