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    3 Bedroom Villa for sale at Atika Villas
    Patong, Kathu,Phuket
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    Sale Price
    $1,010,000
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    3 Bedroom Villa for sale at Atika Villas
    (6 Reviews)
    Unit ID: U1693094
    11% Rental Yield
    Patong, Kathu,Phuket
    $1,010,000
    3 Bedrooms
    4
    Bathrooms
    7,556 Sqft
    Indoor Area
    4
    Storeys
    Sep 2011
    Completed
    60
    Sale Price
    $1,010,000

    About This Villa

    This property is a 7,556 Sqft villa with 3 bedrooms and 4 bathrooms that is available for sale. It is part of the project in Patong, Phuket and was completed in Sep 2011. You can buy this villa for a base price of $1,010,000 ($134/Sqft).

    Features

    Private PoolPrivate Pool JacuzziJacuzzi TerraceTerrace Covered ParkingCovered Parking BalconyBalcony BathtubBathtub Fully RenovatedFully Renovated Renovated KitchenRenovated Kitchen

    Basic Information

    Date Listed Dec 8, 2023
    Updated 11 months ago
    Property Type Villa (Single Detached)
    Storeys 4
    Location Patong, Phuket
    Bedrooms 3
    Nearest Landmark Central Patong -1.6 Km
    Indoor Area 7,556 Sqft
    Price per Sqft $134
    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 1,894 Sqft
    Pets Not Allowed
    Villa Ownership

    Foreign nationals can own the building (villa) in their own name, but not the land that it stands on.

    Company
    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.

    Company
    Land Title Deed N/A
    Construction Completed (Sep 2011)
    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) Sea 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.
    $116/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1693094

    Investment Opportunity: Charges & Yield

    Sale Price
    $1,010,000
    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.
    $116/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.
    9
    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 Atika Villas, and the current sales price.
    11%

    Project Details

    Project Name: Atika Villas
    Developer: N/A
    Construction: Completed (Sep 2011)
    Units: 11
    Project Area: N/A
    Nearest Landmark Central Patong - 1.6 Km
    Location: Patong, Phuket
    Atika Villas Project Details

    Project Features

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

    Available Units at Atika Villas

    For Sale 3 For Rent 2
    • All
    • 3 Beds
    Get notified when new homes are being added to Atika Villas
    View All (3)

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    Frequently Asked Questions

    No pets are allowed at Atika Villas unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
    Central Patong is the nearest Shopping Mall from Atika Villas and it is 1.6 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 Atika Villas 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

    4.3 out of 5
    Based on
    6 Reviews
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Private villa, The location is convenient to travel
    Milly Rogue, Canada, 4 years ago
    It is a private villa and conveniently located for sightseeing and shopping. The villa is clean and modern, offering a 360-degree sea view. The surrounding area is surrounded by tranquil nature and complete with many facilities such as a private pool, BBQ grilled area, car parking, an excellent security system, villa cleaning service, and other great services. Overall, it is worth the price.
    A villa meets the needs for accommodation with great sea views.
    Davita Gloss, Australia, 5 years ago
    This environment is quiet, offering a sea view from the room directly. The villa offers a wide range of facilities and quality. I highly recommended it. It is the best answer for large families because the living area is spacious and we don't have to worry about anything. Therefore, this villa will be a fully-equipped place to stay. It is also close to many convenient places and famous nearby attractions such as Patong Beach and shopping malls, extremely comfortable!
    Beautiful villa, only 5 minutes drive to Patong Beach
    Lydia Carling, Turkey, 5 years ago
    This villa is the most beautiful and comes with a swimming pool on the balcony, offering a 180-degree Patong Beach view. The atmosphere is very suitable for relaxation. Even though I just moved here, I know the staff is helpful and attentive. Also, they can communicate excellently in English. If anyone is looking for accommodation in Patong with this kind of atmosphere, I think it is a good choice.
    Quiet pool villa and very shady
    Jaewoo Chan, South Korea, 5 years ago
    I lived here for a short time, about 2-3 months at the end of last year. I am okay with it. The villa is located in a quiet location and shady area, overlooking a beautiful view of Patong Bay. The villa is not that new, but well-maintained, clean, and fully equipped as needed. There is a private swimming pool, very chill, and security system for 24 hours. Feel safe!
    Good location close to Tri Trang beach.
    Sammy Simpson, United States, 6 years ago
    Good location close to Tri Trang beach. It is an excellent private peaceful beach, surrounded by fabulous restaurants. There are 2-3 bedrooms available. My family and I rented out a 2-bedroom pool villa. The room size is very spacious with quality furniture. There is a kitchen corner for cooking. You can see the stunning sea view from the villa. Service here is quite good, the same standard as in the hotel service.
    My wife enjoys her time here.
    James Fane, United States, 7 years ago
    My wife enjoys her time here. We rented it here after a friend recommended it to us, and we've only been here for a week. Everything is fine. It is regarded as a luxury project, with a pleasant atmosphere and a breathtaking view. The staff is highly professional. The villa has two bedrooms, two bathrooms, a large living room, and modern luxury furniture that is beautifully furnished. The pool is also quite large. There are sunbeds lined up in front of the pool for residents to sip wine while enjoying a romantic view of Patong Bay. Oh, and our villa has a maid who cleans it all the time. Besides this, it is only a 5-minute drive to Patong Beach. However, getting to town may take up to 30 minutes. By the way, be cautious when driving up Patong Hill because there are frequent accidents.
    Phuket
    Patong

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