Unit ID: U1398774
5% Rental Yield
Tenant-Occupied until Jul 1, 2025
Patong, Kathu,Phuket
$434,000
3 Bedrooms
3
Bathrooms
2,583 Sqft
Indoor Area
2
Storeys
Aug 2008
Completed

About This Villa

This property is a 2,583 Sqft villa with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Patong, Phuket and was completed in Aug 2008. You can buy this villa for a base price of $434,000 ($168/Sqft) and it is also available for long term rentals starting from $1,770 per month.

Pool Villa in quiet area of Patong 10 mins walk to the Beach

3 Bedroom 3 Bathroom Pool Villa in a nice quiet area of Patong 10 mins walk to the Beach on Nanai road. Large Western Kitchen and spacious throughout the property.Swimming pool with jacuzzi and Swim jet in secluded garden.The property and surrounding area have the benifit of onsite 24 hour security and cctv cameras are installed throughout the private estate.

Features

Private PoolPrivate Pool Pool AccessPool Access JacuzziJacuzzi Covered ParkingCovered Parking BalconyBalcony Wifi IncludedWifi Included Full Western KitchenFull Western Kitchen BathtubBathtub Washing MachineWashing Machine MicrowaveMicrowave OvenOven TVTV Cable TVCable TV TruevisionTruevision Pool Cleaning IncludedPool Cleaning Included

Basic Information

Date Listed Apr 27, 2023
Updated 3 months ago
Property Type Villa (Single Detached)
Storeys 2
Location Patong, Phuket
Bedrooms 3
Nearest Landmark Malin Plaza -0.7 Km
Indoor Area 2,583 Sqft
Price per Sqft $168
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
2,799 Sqft
Plot Size 2,583 Sqft
Pets Cats and Dogs (small only)
Villa Ownership

Foreign nationals can own the building (villa) 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 (Aug 2008)
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) Pool View, 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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1398774

Investment Opportunity: Charges & Yield

Sale Price
$434,000
Rent
$1,770/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.
20
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.
5%

Project Details

Project Name: Aroonpat Patong Phuket
Construction: Completed (Jun 2008)
Units: 40
Project Area: N/A
Nearest Landmark Malin Plaza - 0.7 Km
Location: Patong, Phuket
Aroonpat Patong Phuket Project Details

Project Features

Communal Garden Area Communal Garden Area

Available Units at Aroonpat Patong Phuket

For Sale 2 For Rent 1
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Frequently Asked Questions

Malin Plaza is the nearest Market from Aroonpat Patong Phuket and it is 0.7 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 Aroonpat Patong Phuket 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
Patong

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Aroonpat Patong Phuket

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Year Built
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Project Name
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Project Name
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Number of units
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$76.74K - $206.31K
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$531 - $738
Year Built
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Completion Status
Completed
Location
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Sales Prices
$76.74K
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Location
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Number of units
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Sales Prices
$122.49K - $200.7K
▲ 16% overpriced
Monthly Rentals
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Year Built
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Completion Status
Completed
Location
Patong, Kathu, Phuket
Number of units
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Sales Prices
$159.38K
▼ -39% underpriced
Monthly Rentals
N/A
Year Built
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Completion Status
Completed
Location
Patong, Kathu, Phuket
Number of units
200
Sales Prices
$144.62K
▼ -5.4% underpriced
Monthly Rentals
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Year Built
Nov 2022
Completion Status
Completed
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