Unit ID: U1671544
7% Rental Yield
Tenant-Occupied until Mar 1, 2025
Ko Kaeo, Phuket Town,Phuket
$651,000
3 Bedrooms
3
Bathrooms
5,134 Sqft
Indoor Area
2
Storeys
Oct 2021
Completed

About This Villa

This property is a 5,134 Sqft villa 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 Oct 2021. You can buy this villa for a base price of $651,000 ($127/Sqft) and it is also available for long term rentals starting from $3,550 per month.

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony MicrowaveMicrowave

Basic Information

Date Listed Sep 26, 2023
Updated 2 months ago
Property Type Villa (Single Detached)
Storeys 2
Location Ko Kaeo, Phuket
Bedrooms 3
Nearest Landmark The British International School -2 Km
Indoor Area 5,134 Sqft
Price per Sqft $127
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
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 (Oct 2021)
Furniture
N/A
View(s) 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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1671544

Investment Opportunity: Charges & Yield

Sale Price
$651,000
Rent
$3,550/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.
15
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.
7%

Project Details

Project Name: Casa Signature
Construction: Completed (Oct 2021)
Units: 36
Project Area: 266,181 Sqft
Nearest Landmark The British International School - 2 Km
Location: Ko Kaeo, Phuket
Casa Signature Project Details

Project Features

On Site Restaurant On Site Restaurant
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Communal Garden Area Communal Garden Area

Available Units at Casa Signature

For Sale 7 For Rent 7
Get notified when new homes are being added to Casa Signature
View All (7)

Loan Calculator

Frequently Asked Questions

All kind of pets are allowed at Casa Signature including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is ฿8 per square meter based on the plot size of the property and is 0 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.
The British International School is the nearest International School from Casa Signature and it is 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 Casa Signature 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
$2,960
1st Installment
Upon contract signing
$5,920
2nd Installment
On handover
100%
Installment Milestone Payment
Reservation Deposit
Immediately
$3,550
1st Installment
Upon contract signing
$7,390
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

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Casa Signature

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Project F
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
28
Sales Prices
$559.06K - $591.6K
Monthly Rentals
$3.55K
Year Built
Dec 2021
Completion Status
Completed
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
16
Sales Prices
$443.7K
▲ 34% overpriced
Monthly Rentals
$2.96K
Year Built
Jan 2019
Completion Status
Completed
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
184
Sales Prices
$93.18K - $173.62K
▲ 15% overpriced
Monthly Rentals
$1.26K
Year Built
Feb 2019
Completion Status
Completed
Project Name
Hideaway@Bypass
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
20
Sales Prices
$369.75K - $440.74K
Monthly Rentals
$739 - $887
Year Built
Oct 2017
Completion Status
Completed
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
N/A
Sales Prices
$103.5K - $411.16K
Monthly Rentals
$1.15K
Year Built
Jan 2000
Completion Status
Completed
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
80
Sales Prices
$112.4K
▼ -33.5% underpriced
Monthly Rentals
N/A
Year Built
Dec 2010
Completion Status
Completed
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
9
Sales Prices
$1.39M - $1.62M
Monthly Rentals
N/A
Year Built
Mar 2026
Completion Status
Off Plan
Project Name
Grand Boat Plaza
Location
Ratsada, Phuket Town, Phuket
Number of units
60
Sales Prices
$233.09K - $260.3K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Location
Ratsada, Phuket Town, Phuket
Number of units
693
Sales Prices
$147.6K
Monthly Rentals
N/A
Year Built
Jun 2012
Completion Status
Completed
Project Name
Nimman Phuket
Location
Ratsada, Phuket Town, Phuket
Number of units
19
Sales Prices
$470.32K - $872.6K
Monthly Rentals
$3.55K - $7.39K
Year Built
Jan 2023
Completion Status
Completed
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