Unit ID: U1652248
10% Rental Yield
Ko Kaeo, Phuket Town,Phuket
$102,000
3 Bedrooms
2
Bathrooms
1,615 Sqft
Indoor Area
1
Storeys
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 Ko Kaeo, Phuket. You can buy this house for a base price of $102,000 ($63/Sqft).

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking

Basic Information

Date Listed Aug 15, 2023
Updated 1 year ago
Property Type House (Single Detached)
Storeys 1
Location Ko Kaeo, Phuket
Bedrooms 3
Nearest Landmark Laem Hin Seafood -2.5 Km
Indoor Area 1,615 Sqft
Price per Sqft $63
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 1,808 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
Unfurnished
View(s) Garden 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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1652248

Investment Opportunity: Charges & Yield

Sale Price
$102,000
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.
10
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 Sri Suchart Grand View 2, and the current sales price.
10%

Project Details

Project Name: Sri Suchart Grand View 2
Developer: N/A
Construction: Completed (Jan 2000)
Units: 6
Project Area: N/A
Nearest Landmark Laem Hin Seafood - 2.5 Km
Location: Ko Kaeo, Phuket
Sri Suchart Grand View 2 Project Details

Project Features

Communal Pool Communal Pool
Jacuzzi Jacuzzi

Available Units at Sri Suchart Grand View 2

For Sale 5 For Rent 1
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Frequently Asked Questions

All kind of pets are allowed at Sri Suchart Grand View 2 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Laem Hin Seafood is the nearest Restaurant from Sri Suchart Grand View 2 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 Sri Suchart Grand View 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
Ko Kaeo

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Sri Suchart Grand View 2

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
49
Sales Prices
$208.88K
Monthly Rentals
N/A
Year Built
Aug 2010
Completion Status
Completed
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
145
Sales Prices
$95.74K - $258.2K
Monthly Rentals
$580 - $725
Year Built
Sep 2019
Completion Status
Completed
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
184
Sales Prices
$91.39K - $170.28K
▲ 15% overpriced
Monthly Rentals
$1.45K
Year Built
Feb 2019
Completion Status
Completed
Project Name
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Location
Ko Kaeo, Phuket Town, Phuket
Number of units
20
Sales Prices
$391.65K - $432.27K
Monthly Rentals
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Year Built
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Completion Status
Completed
Location
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Number of units
693
Sales Prices
$144.77K
Monthly Rentals
N/A
Year Built
Jun 2012
Completion Status
Completed
Project Name
Midori
Location
Ratsada, Phuket Town, Phuket
Number of units
20
Sales Prices
$138.97K - $275.86K
Monthly Rentals
N/A
Year Built
Oct 2026
Completion Status
Off Plan
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
16
Sales Prices
$435.17K
▲ 34% overpriced
Monthly Rentals
$2.61K
Year Built
Jan 2019
Completion Status
Completed
Project Name
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Location
Ko Kaeo, Phuket Town, Phuket
Number of units
36
Sales Prices
$565.72K - $1.04M
Monthly Rentals
$3.48K - $7.25K
Year Built
Oct 2021
Completion Status
Completed
Project Name
Project F
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
28
Sales Prices
$548.32K - $580.23K
Monthly Rentals
$3.48K
Year Built
Dec 2021
Completion Status
Completed
Location
Ratsada, Phuket Town, Phuket
Number of units
420
Sales Prices
$86.74K - $97.19K
Monthly Rentals
N/A
Year Built
Oct 2012
Completion Status
Completed
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