Unit ID: U1760964
12% Rental Yield
Kathu, Kathu,Phuket
$202,000
3 Bedrooms
2
Bathrooms
1,507 Sqft
Indoor Area
2
Storeys
Completed

About This House

This property is a 1,507 Sqft house with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Kathu, Phuket. You can buy this house for a base price of $202,000 ($134/Sqft) and it is also available for long term rentals starting from $2,050 per month.

Features

Private GardenPrivate Garden Garden AccessGarden Access TerraceTerrace Covered ParkingCovered Parking Full Western KitchenFull Western Kitchen Fully RenovatedFully Renovated Renovated KitchenRenovated Kitchen

Basic Information

Date Listed Mar 18, 2024
Updated 2 weeks ago
Property Type House
Storeys 2
Location Kathu, Phuket
Bedrooms 3
Nearest Landmark N/A
Indoor Area 1,507 Sqft
Price per Sqft $134
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 2,476 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
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) N/A
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.
$41/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1760964

Investment Opportunity: Charges & Yield

Sale Price
$202,000
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.
$41/mo
Rent
$2,050/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.
8
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.
12%

Project Details

Developer: N/A
Construction: Completed (Jan 2020)
Units: 195
Project Area: N/A
Nearest Landmark N/A
Location: Kathu, Phuket
Pruksa Ville 82/2 Kathu-Samkong Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Communal Garden Area Communal Garden Area

Available Units at Pruksa Ville 82/2 Kathu-Samkong

For Sale 1 For Rent 4
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Frequently Asked Questions

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 Pruksa Ville 82/2 Kathu-Samkong 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
Kathu

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Pruksa Ville 82/2 Kathu-Samkong

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
Project Name
Pruksa Ville 82/1
Location
Kathu, Kathu, Phuket
Number of units
195
Sales Prices
$190.38K
Monthly Rentals
N/A
Year Built
Aug 2016
Completion Status
Completed
Project Name
Paradox Karon
Location
Kathu, Kathu, Phuket
Number of units
176
Sales Prices
$615.06K
Monthly Rentals
N/A
Year Built
Jan 2007
Completion Status
Completed
Location
Kathu, Kathu, Phuket
Number of units
1
Sales Prices
$174.27K - $203.56K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Project Name
Plus Condo 1
Location
Kathu, Kathu, Phuket
Number of units
157
Sales Prices
$46.86K - $52.43K
▼ -32% underpriced
Monthly Rentals
$351
Year Built
Dec 2012
Completion Status
Completed
Location
Kathu, Kathu, Phuket
Number of units
60
Sales Prices
$93.43K
Monthly Rentals
N/A
Year Built
Jun 2008
Completion Status
Completed
Location
Kathu, Kathu, Phuket
Number of units
653
Sales Prices
$49.5K - $58.58K
▼ -1% underpriced
Monthly Rentals
$293 - $439
Year Built
Dec 2013
Completion Status
Completed
Project Name
Phuket Hopeland
Location
Kathu, Kathu, Phuket
Number of units
92
Sales Prices
$161.09K - $439.33K
▼ -44% underpriced
Monthly Rentals
$879 - $1.03K
Year Built
Dec 2010
Completion Status
Completed
Location
Kathu, Kathu, Phuket
Number of units
248
Sales Prices
$144.98K - $524.26K
▼ -40% underpriced
Monthly Rentals
$732 - $1.9K
Year Built
Jan 2014
Completion Status
Completed
Location
Kathu, Kathu, Phuket
Number of units
37
Sales Prices
$351.46K - $1.76M
▲ 24% overpriced
Monthly Rentals
$1.46K - $11.72K
Year Built
May 2004
Completion Status
Completed
Location
Kathu, Kathu, Phuket
Number of units
N/A
Sales Prices
$181.59K
Monthly Rentals
$879
Year Built
N/A
Completion Status
Completed
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