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    3 Bedroom House for sale at Tarn Tong Villa
    Wichit, Phuket Town,Phuket
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    Sale Price
    $110,000
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    3 Bedroom House for sale at Tarn Tong Villa
    (1 Review)
    Unit ID: U1662464
    8% Rental Yield
    Wichit, Phuket Town,Phuket
    $110,000
    3 Bedrooms
    2
    Bathrooms
    1,335 Sqft
    Indoor Area
    2
    Storeys
    Jan 2009
    Completed
    11
    Sale Price
    $110,000

    About This House

    This property is a 1,335 Sqft house with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Wichit, Phuket and was completed in Jan 2009. You can buy this house for a base price of $110,000 ($82/Sqft) and it is also available for long term rentals starting from $723 per month.

    Features

    TerraceTerrace Covered ParkingCovered Parking BalconyBalcony BathtubBathtub

    Basic Information

    Date Listed Sep 7, 2023
    Updated 2 months ago
    Property Type House (Single Detached)
    Storeys 2
    Location Wichit, Phuket
    Bedrooms 3
    Nearest Landmark Wat Chalong -3 Km
    Indoor Area 1,335 Sqft
    Price per Sqft $82
    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 N/A
    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 (Jan 2009)
    Furniture
    Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
    Partly Furnished
    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 U1662464

    Investment Opportunity: Charges & Yield

    Sale Price
    $110,000
    Rent
    $723/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. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
    8%

    Project Details

    Project Name: Tarn Tong Villa
    Developer: N/A
    Construction: Completed (Dec 2009)
    Units: 489
    Project Area: N/A
    Nearest Landmark Wat Chalong - 3 Km
    Location: Wichit, Phuket
    Tarn Tong Villa Project Details

    Project Features

    24H Security 24H Security
    Indoor Kids Zone Indoor Kids Zone
    Car Parking Car Parking

    Available Units at Tarn Tong Villa

    For Sale 5 For Rent 3
    • All
    • 2 Beds
    • 3 Beds
    Get notified when new homes are being added to Tarn Tong Villa
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    Frequently Asked Questions

    All kind of pets are allowed at Tarn Tong Villa including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    Wat Chalong is the nearest Temple from Tarn Tong Villa and it is 3 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 Tarn Tong Villa 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

    3.5 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Good location
    Tida R., Thailand, 6 years ago
    I've been renting this single house for five years which has 3 bedrooms in a 2-story home. I relocated to Phuket from other regions to work. The community is in a fantastic location, surrounded by conveniences, close to Tesco Lotus Chao Fa and Wat Thep Nimit Market, where you can find both fresh, ready-to-eat meals, a wide variety of fresh fruits and vegetables at a low price. Rawai or Kathu are both easily accessible. There are several restaurants, and I enjoy my time here. Despite the village's age, the houses are in good condition with completed furniture. Most of the neighbors are Thai people. My only problem is that some of my neighbors park their cars in front of the house, which blocks the entry and exit. It's quite inconvenient.
    Phuket
    Wichit

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