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    3 Bedroom House for sale at Supicha Sino Kohkaew 8
    Ko Kaeo, Phuket Town,Phuket
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    Sale Price
    $246,000
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    3 Bedroom House for sale at Supicha Sino Kohkaew 8
     (Write Review)
    Unit ID: U1954591
    8% Rental Yield
    Ko Kaeo, Phuket Town,Phuket
    $246,000
    3 Bedrooms
    3
    Bathrooms
    1,593 Sqft
    Indoor Area
    2
    Storeys
    Jun 2020
    Completed
    11
    Sale Price
    $246,000

    About This House

    This property is a 1,593 Sqft house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Ko Kaeo, Phuket and was completed in Jun 2020. You can buy this house for a base price of $246,000 ($154/Sqft).

    Features

    Private GardenPrivate Garden Covered ParkingCovered Parking

    Basic Information

    Date Listed Oct 24, 2024
    Updated 1 month ago
    Property Type House
    Storeys 2
    Location Ko Kaeo, Phuket
    Bedrooms 3
    Nearest Landmark Cape Yamu Beach -5.7 Km
    Indoor Area 1,593 Sqft
    Price per Sqft $154
    Outdoor Area
    This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
    592 Sqft
    Plot Size 2,185 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 (Jun 2020)
    Furniture
    Unfurnished
    View(s) Unblocked Open 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 U1954591

    Investment Opportunity: Charges & Yield

    Sale Price
    $246,000
    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
    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.
    12
    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 Supicha Sino Kohkaew 8, and the current sales price.
    8%

    Project Details

    Project Name: Supicha Sino Kohkaew 8
    Developer: Supicha Development
    Construction: Completed (Apr 2020)
    Units: 135
    Project Area: 465,001 Sqft
    Nearest Landmark Cape Yamu Beach - 5.7 Km
    Location: Ko Kaeo, Phuket
    Supicha Sino Kohkaew 8 Project Details

    Project Features

    Communal Pool Communal Pool
    Clubhouse Clubhouse
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking

    Popular Facilities at Supicha Sino Kohkaew 8

    • All
    • Leisure
    3
    • Communal Pool
      Ground Floor

    Available Units at Supicha Sino Kohkaew 8

    For Sale 6 For Rent 10
    • All
    • 3 Beds
    • 4 Beds
    Get notified when new homes are being added to Supicha Sino Kohkaew 8
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    Frequently Asked Questions

    All kind of pets are allowed at Supicha Sino Kohkaew 8 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    The common area maintenance fee is $0 per square meter based on the plot size of the property and is $35 for this house. This fee 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.
    Cape Yamu Beach is the nearest Beach from Supicha Sino Kohkaew 8 and it is 5.7 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 Supicha Sino Kohkaew 8 you have to follow these steps:

    • - Agreement of terms and conditions
    • - Reservation Agreement
    • - Reservation Deposit
    • - Sales and Purchase Agreement
    • - Settlement & Transfer
    3BR payment
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    $289
    1st Installment
    Upon contract signing
    $867
    2nd Installment
    On handover
    100%
    4 BR payment
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    $289
    1st Installment
    Upon contract signing
    $1,450
    2nd Installment
    On handover
    100%


    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

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