Unit ID: U1724784
7% Rental Yield
Thep Krasattri, Thalang,Phuket
$809,000
3 Bedrooms
4
Bathrooms
2,045 Sqft
Indoor Area
1
Storeys
Completed

About This Villa

This property is a 2,045 Sqft villa with 3 bedrooms and 4 bathrooms that is available for sale. It is part of the project in Thep Krasattri, Phuket. You can buy this villa for a base price of $809,000 ($395/Sqft).

Features

Private PoolPrivate Pool Private GardenPrivate Garden Covered ParkingCovered Parking Outdoor SalaOutdoor Sala Full Western KitchenFull Western Kitchen BathtubBathtub MicrowaveMicrowave OvenOven TVTV TruevisionTruevision

Basic Information

Date Listed Jan 31, 2024
Updated 9 months ago
Property Type Villa (Single Detached)
Storeys 1
Location Thep Krasattri, Phuket
Bedrooms 3
Nearest Landmark Thalang Victory Monument -0.2 Km
Indoor Area 2,045 Sqft
Price per Sqft $395
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 4,306 Sqft
Pets All Kind of Pets Allowed
Villa Ownership

Foreign nationals can own the building (villa) 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
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) Pool View, Garden View
Unit Type N/A
Parking Spots N/A
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.
$231/mo
Listed By
Private Owner
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1724784

Investment Opportunity: Charges & Yield

Sale Price
$809,000
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.
$231/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.
14
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 villas at Asherah Villas Phuket, and the current sales price.
7%

Project Details

Project Name: Asherah Villas Phuket
Construction: Completed (May 2024)
Units: 35
Project Area: 120,556 Sqft
Nearest Landmark Thalang Victory Monument - 0.2 Km
Location: Thep Krasattri, Phuket
Asherah Villas Phuket Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at Asherah Villas Phuket

For Sale 7 For Rent 2
Get notified when new homes are being added to Asherah Villas Phuket
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Frequently Asked Questions

All kind of pets are allowed at Asherah Villas Phuket including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is $1 per square meter based on the plot size of the property and is $231 for this villa. 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.
For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At Asherah Villas Phuket the required payment for the sinking fund is a fixed amount of $2,890.
Thalang Victory Monument is the nearest Tourist Attraction from Asherah Villas Phuket and it is 0.2 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 Asherah Villas Phuket you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer
Installment Milestone Payment
Reservation Deposit
Immediately
2%
1st Installment
Sales&Purchase Agreement
28%
2nd Installment
Finished Foundation Post
15%
3rd Installment
Finished Concrete Structure and roof structure
15%
4th Installment
Finished wall
15%
5th Installment
Finished Floor Finishing, Built-in Furniture, and Paint, Window
15%
6th Installment
Transfer land registration
10%


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
Thep Krasattri

Neighborhood Overview

Location and Neighborhood

Street View

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