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    3 Bedroom House for sale at Phuket Villa Chaofah 2
    Wichit, Phuket Town,Phuket
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    Sale Price
    $177,000
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    3 Bedroom House for sale at Phuket Villa Chaofah 2
    (1 Review)
    Unit ID: U226087
    5% Rental Yield
    Tenant-Occupied until Jun 1, 2029
    Wichit, Phuket Town,Phuket
    $177,000 Great Price
    3 Bedrooms
    2
    Bathrooms
    1,539 Sqft
    Indoor Area
    1
    Storeys
    Jan 2014
    Completed
    14
    Sale Price
    $177,000
    Great Price

    About This House

    This property is a 1,539 Sqft house with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Wichit, Phuket and was completed in Jan 2014. You can buy this house for a base price of $177,000 ($115/Sqft) and it is also available for long term rentals starting from $739 per month.

    A Home Fit for a Dream: Phuket Villa Chaofah 2

    Welcome to Phuket Villa Chaofah 2! This three-bedroom, two-bathroom house is the ideal place for a family to call home. With 142.96 square meters of tastefully designed space, the villa provides plenty of room for any family to make long-lasting memories in. Completed in 2014, the property is part of a highly sought-after project in Wichit, Phuket and is available for both sale and long-term rental options. This elegant villa boasts an exquisite, modern layout that is sure to capture any potential buyer's interest. From its grand, airy living room to its spacious kitchen and inviting bathrooms, the villa is the perfect place to appreciate the comforts of home. The pleasant atmosphere of the property further extends to its well-designed bedrooms, offering plenty of room for families to relax in. What's more, the property is offered at an attractive (40,571 THB per square meter). Amidst Phuket's existing market, buyers can benefit from this convenient, competitively priced property. For those looking for a long-term rental option is also available. 

    Features

    TerraceTerrace Covered ParkingCovered Parking MicrowaveMicrowave TVTV

    Basic Information

    Date Listed Nov 6, 2019
    Updated 1 year ago
    Property Type House (Single Detached)
    Storeys 1
    Location Wichit, Phuket
    Bedrooms 3
    Nearest Landmark Central Festival Phuket -2.3 Km
    Indoor Area 1,539 Sqft
    Price per Sqft $115
    Outdoor Area
    This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
    N/A
    Plot Size 2,717 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
    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 (Jan 2014)
    Furniture
    Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
    Partly Furnished
    View(s) Blocked 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.
    N/A
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U226087

    Investment Opportunity: Charges & Yield

    Sale Price
    $177,000
    Rent
    $739/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.
    20
    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.
    5%

    Project Details

    Project Name: Phuket Villa Chaofah 2
    Developer: Villa Property
    Construction: Completed (Jan 2014)
    Units: 699
    Project Area: N/A
    Nearest Landmark Central Festival Phuket - 2.3 Km
    Location: Wichit, Phuket
    Phuket Villa Chaofah 2 Project Details

    Project Features

    Communal Pool Communal Pool
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Communal Garden Area Communal Garden Area

    Available Units at Phuket Villa Chaofah 2

    For Sale 2 For Rent 15
    • All
    • 3 Beds
    • 5 Beds
    Get notified when new homes are being added to Phuket Villa Chaofah 2
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    Frequently Asked Questions

    All kind of pets are allowed at Phuket Villa Chaofah 2 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    Central Festival Phuket is the nearest Shopping Mall from Phuket Villa Chaofah 2 and it is 2.3 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 Chaofah 2 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

    4.2 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Location is perfect, and comfort environtment
    Josie Louis, France, 5 years ago
    New housing projects. The premises are in a fantastic place, right in the heart of the city. All amenities are nearby, including Central Festival Phuket, Big C, which is only a 5-minute drive, and Kajonkiet Pattana School, which is right next to the project. Besides, the location allows easy traveling. It has a wide four-lane road where the cars aren't too crowded. The project has a strict security system. There is a swimming pool and parks. My house has three bedrooms in a detached type with an extensive space. However, it is not furnished. The house is surrounded by a small garden, and is pet-friendly. Also, the neighbors are friendly, and most of them are Thai.
    Phuket
    Wichit

    Neighborhood Overview

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