Unit ID: U1941056
6% Rental Yield
Ko Kaeo, Phuket Town,Phuket
$246,000
3 Bedrooms
3
Bathrooms
1,938 Sqft
Indoor Area
2
Storeys
Jun 2015
Completed

About This House

This property is a 1,938 Sqft house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Ko Kaeo, Phuket and was completed in Jun 2015. You can buy this house for a base price of $246,000 ($127/Sqft).

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed Oct 7, 2024
Updated 3 weeks ago
Property Type House (Single Detached)
Storeys 2
Location Ko Kaeo, Phuket
Bedrooms 3
Nearest Landmark Cape Yamu Beach -6.8 Km
Indoor Area 1,938 Sqft
Price per Sqft $127
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
1,184 Sqft
Plot Size 2,381 Sqft
Pets Not Allowed
House Ownership

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

Thai Ownership, Company
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, Company
Land Title Deed Chanote
Construction Completed (Jun 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
Unit Type N/A
Parking Spots 2
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.
$74/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1941056

Investment Opportunity: Charges & Yield

Sale Price
$246,000
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.
$74/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.
16
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 3 bedroom houses at Burasiri Kohkaew, and the current sales price.
6%

Project Details

Project Name: Burasiri Kohkaew
Developer: Sansiri
Construction: Completed (Oct 2013)
Units: 327
Project Area: 1,585,125 Sqft
Nearest Landmark Cape Yamu Beach - 6.8 Km
Location: Ko Kaeo, Phuket
Burasiri Kohkaew Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
Car Parking Car Parking
Communal Garden Area Communal Garden Area

Popular Facilities at Burasiri Kohkaew

  • Communal Pool
    Ground Floor
  • Communal Gym
    2nd Floor

Available Units at Burasiri Kohkaew

For Sale 7 For Rent 23
Get notified when new homes are being added to Burasiri Kohkaew
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Frequently Asked Questions

No pets are allowed at Burasiri Kohkaew unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
The common area maintenance fee for properties at Burasiri Kohkaew is a fixed amount of $74. This amount has to be paid by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
Cape Yamu Beach is the nearest Beach from Burasiri Kohkaew and it is 6.8 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 Burasiri Kohkaew 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

5 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Good place to stay!
Maksim Borisov, Russia, 4 years ago
It is a quiet village. The house has a beautiful and modern design. There are 2 floors with 3 bedrooms as described in the advertisement picture. I am impressed with the project facilities as there is a strict security system, a clubhouse, swimming pool, and fitness center for residents. Also, there is a spacious park. Most of the neighbors here are foreigners. The location is excellent in the middle of the island and close to the bypass road, easy to travel into town or go to the Thalang area. It’s also next to the BIS school. In this neighborhood, food is easy to find. Most of them are Islamic food because it is a place where the Muslims live a lot.
Great village, high safety
Kanokwan P., Thailand, 6 years ago
The village is nice and tidy with tree shades. There is a clubhouse, a swimming pool, and a modern fitness center. The security team is always on guard very well. The neighbors are lovely - both Thai and foreigners. My house has 3 bedrooms and a yard around the house, not crowded. Pets are allowed as well. Excellent and quiet location, close to the British International School. You can go to Patong using a shortcut, very convenient!
Phuket
Ko Kaeo

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Burasiri Kohkaew

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
Ko Kaeo, Phuket Town, Phuket
Number of units
29
Sales Prices
$591.51K - $1.2M
Monthly Rentals
N/A
Year Built
Dec 2024
Completion Status
Off Plan
Project Name
The Indy 2
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
70
Sales Prices
$264.25K
Monthly Rentals
$1.34K - $2.08K
Year Built
Jan 2015
Completion Status
Completed
Project Name
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Location
Ko Kaeo, Phuket Town, Phuket
Number of units
228
Sales Prices
$94.82K - $172.1K
Monthly Rentals
$654 - $1.19K
Year Built
Nov 2014
Completion Status
Completed
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
100
Sales Prices
$139.41K - $190.21K
Monthly Rentals
$1.04K - $1.63K
Year Built
May 2011
Completion Status
Completed
Project Name
Saransiri Kohkaew
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
202
Sales Prices
$231.85K - $445.86K
Monthly Rentals
$1.78K - $2.53K
Year Built
Dec 2018
Completion Status
Completed
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
1005
Sales Prices
$80.82K - $469.64K
Monthly Rentals
$594 - $1.43K
Year Built
Dec 2010
Completion Status
Completed
Project Name
Crown Phuket
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
128
Sales Prices
$400.98K - $1.07M
Monthly Rentals
$2.38K
Year Built
Jan 2023
Completion Status
Completed
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
128
Sales Prices
$285.06K - $609.35K
Monthly Rentals
$2.68K
Year Built
N/A
Completion Status
Made To Order
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
N/A
Sales Prices
$469.64K
Monthly Rentals
$832 - $892
Year Built
Jan 2020
Completion Status
Completed
Project Name
Villa Orchid
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
4
Sales Prices
$475.59K - $561.79K
Monthly Rentals
$2.08K - $3.57K
Year Built
Jan 2008
Completion Status
Completed
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