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    3 Bedroom House for sale at Saiyuan Med Village
    Rawai, Phuket Town,Phuket
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    Sale Price
    $324,000
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    3 Bedroom House for sale at Saiyuan Med Village
    (1 Review)
    Unit ID: U1410966
    8% Rental Yield
    Rawai, Phuket Town,Phuket
    $324,000
    3 Bedrooms
    3
    Bathrooms
    2,045 Sqft
    Indoor Area
    2
    Storeys
    Nov 2010
    Completed
    25
    Sale Price
    $324,000

    About This House

    This property is a 2,045 Sqft house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Rawai, Phuket and was completed in Nov 2010. You can buy this house for a base price of $324,000 ($158/Sqft).

    Features

    Private GymPrivate Gym Private SaunaPrivate Sauna Private PoolPrivate Pool Pool AccessPool Access Rooftop TerraceRooftop Terrace Garden AccessGarden Access TerraceTerrace Corner UnitCorner Unit BalconyBalcony Outdoor ShowersOutdoor Showers Full Western KitchenFull Western Kitchen

    Basic Information

    Date Listed Jun 15, 2023
    Updated 1 year ago
    Property Type House
    Storeys 2
    Location Rawai, Phuket
    Bedrooms 3
    Nearest Landmark Chalong Pier -2.5 Km
    Indoor Area 2,045 Sqft
    Price per Sqft $158
    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 2,153 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.

    N/A
    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.

    N/A
    Land Title Deed N/A
    Construction Completed (Nov 2010)
    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) Park View
    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.
    $74/mo
    Listed By
    Each listing provided by partnered agents is individually verified by AsiaVillas. Partner Agents work for different brokerages or property management companies but have teamed up with AsiaVillas so that we can provide you a wider choice of properties
    Agent / Partner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1410966

    Investment Opportunity: Charges & Yield

    Sale Price
    $324,000
    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.
    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 3 bedroom houses at Saiyuan Med Village, and the current sales price.
    8%

    Project Details

    Project Name: Saiyuan Med Village
    Developer: N/A
    Construction: Completed (Nov 2010)
    Units: 63
    Project Area: N/A
    Nearest Landmark Chalong Pier - 2.5 Km
    Location: Rawai, Phuket
    Saiyuan Med Village Project Details

    Project Features

    Hotel Managed Hotel Managed
    On Site Restaurant On Site Restaurant
    Communal Pool Communal Pool
    Communal Gym Communal Gym
    Clubhouse Clubhouse
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking

    Available Units at Saiyuan Med Village

    For Sale 2 For Rent 6
    • All
    • 2 Beds
    • 3 Beds
    Get notified when new homes are being added to Saiyuan Med Village
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    Frequently Asked Questions

    All kind of pets are allowed at Saiyuan Med Village including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    The common area maintenance fee for properties at Saiyuan Med Village 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.
    Chalong Pier is the nearest Pier from Saiyuan Med Village and it is 2.5 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 Saiyuan Med Village 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
    Greek style and high privacy
    Zhiwei Wen, China, 5 years ago
    I have lived here for almost 2 years now; it is a long term rental from a Thai landlord who is kind and takes care of the house very well. I chose this place because it is a lovely village in exotic Greek-style design, there is a swimming pool inside the house. Although a little small, the village is very organized and safe. The project has a lot of green areas and space for children to run and play. There also provides common areas such as a clubhouse and swimming pool. There are a lot of foreign neighbors living, including Chinese, Russian, and Korean. The location is very convenient, near Tesco Lotus and Makro within driving distance. Also, close to Rawai and Nai Harn beaches. Not far from the Promthep Cape viewpoint. The project is surrounded by many international restaurants and many shops.
    Phuket
    Rawai

    Neighborhood Overview

    Location and Neighborhood

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