Unit ID: U1753174
7% Rental Yield
Tenant-Occupied until May 30, 2025
Kathu, Kathu,Phuket
$259,000
3 Bedrooms
2
Bathrooms
1,615 Sqft
Indoor Area
2
Storeys
Jan 2015
Completed

About This House

This property is a 1,615 Sqft house with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Kathu, Phuket and was completed in Jan 2015. You can buy this house for a base price of $259,000 ($161/Sqft) and it is also available for long term rentals starting from $1,460 per month.

Cozy Home near International School

Cozy House -  Quiet Estate, near International Schools. Peaceful house in Kathu zone. Quality neighbor, safe, 24-hour security, neatly managed and clean. Quiet. Can park 2 large SUVs. Landscaping with large, shady trees, easy to care for, and a koi fish pond. Add a large, durable cement kitchen with old teak wood doors, durable to the ordination, electric stove, oven, complete with smoke hood, all brand new. Add a bedroom downstairs for the elderly or a nursery, maid's room, home office, etc. Extended indoor parking with built-in storage for 2 washing machines and shoe storage. There is a place to dry clothes in the sun behind the house and a washing zone. The road in front of the house is 10 meters wide. Located on the main road, no need to enter the alley. Not crowded, nearby neighbors park their cars in every house. Cute, peaceful, neat.

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Date Listed Mar 7, 2024
Updated 6 days ago
Property Type House (Single Detached)
Storeys 2
Location Kathu, Phuket
Bedrooms 3
Nearest Landmark Loch Palm Golf Club -1.1 Km
Indoor Area 1,615 Sqft
Price per Sqft $161
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 2,713 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 N/A
Construction Completed (Jan 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) 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.
$35/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1753174

Investment Opportunity: Charges & Yield

Sale Price
$259,000
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.
$35/mo
Rent
$1,460/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.
15
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.
7%

Project Details

Project Name: Sabai Village 2
Developer: N/A
Construction: Completed (Jun 2014)
Units: 95
Project Area: N/A
Nearest Landmark Loch Palm Golf Club - 1.1 Km
Location: Kathu, Phuket
Sabai Village 2 Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)

Available Units at Sabai Village 2

For Sale 3 For Rent 4
Get notified when new homes are being added to Sabai Village 2
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Frequently Asked Questions

All kind of pets are allowed at Sabai Village 2 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Loch Palm Golf Club is the nearest Golf from Sabai Village 2 and it is 1.1 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 Sabai Village 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

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Phuket
Kathu

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Sabai Village 2

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Year Built
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Number of units
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Project Name
Sabai Village 1
Location
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Location
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Year Built
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Location
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Number of units
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Sales Prices
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▲ 24% overpriced
Monthly Rentals
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Year Built
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Completion Status
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Project Name
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Year Built
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Completion Status
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