Unit ID: U1421214
8% Rental Yield
Choeng Thale, Thalang,Phuket
$1,610,000
3 Bedrooms
3
Bathrooms
4,844 Sqft
Indoor Area
2
Storeys
Mar 2005
Completed

About This Villa

This property is a 4,844 Sqft villa with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Choeng Thale, Phuket and was completed in Mar 2005. You can buy this villa for a base price of $1,610,000 ($333/Sqft) and it is also available for long term rentals starting from $10,100 per month.

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Maids QuartersMaids Quarters BalconyBalcony Outdoor SalaOutdoor Sala BathtubBathtub TVTV

Basic Information

Date Listed Jun 6, 2023
Updated 8 months ago
Property Type Villa (Single Detached)
Storeys 2
Location Choeng Thale, Phuket
Bedrooms 3
Nearest Landmark Laguna -0.7 Km
Indoor Area 4,844 Sqft
Price per Sqft $333
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 11,840 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 (Mar 2005)
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) Lake View, Garden 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 U1421214

Investment Opportunity: Charges & Yield

Sale Price
$1,610,000
Rent
$10,100/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: Laguna Cove
Developer: Laguna Property
Construction: Completed (May 2005)
Units: 8
Project Area: N/A
Nearest Landmark Laguna - 0.7 Km
Location: Choeng Thale, Phuket
Laguna Cove Project Details

Project Features

Communal Pool Communal Pool
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Spa Spa
Tennis Court Tennis Court

Available Units at Laguna Cove

For Sale 1 For Rent 1
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Frequently Asked Questions

All kind of pets are allowed at Laguna Cove including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Laguna is the nearest Development from Laguna Cove 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 Laguna Cove 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

4.7 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Lovely villa with beautiful lake view
Desmond Phifer, United States, 4 years ago
I love the place, very impressed! The villa has a lovely view of the lake, spacious areas, and feels privacy. The atmosphere is super friendly, especially at the pavilion next to the pool, which always has cool breezes. Convenient location, just 5 minutes drive to Bangtao beach or can get there by bicycle. The villa also comes with a fully furnished private pool. And although it is not very large, the children always enjoyed it. There is a BBQ area with equipment. I rented here for a month, very comfortable, like home. The security staff always recognize us by name. Next time I would be back to stay here again and recommend this place for a group of friends and family.
Phuket
Choeng Thale

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Laguna Cove

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Year Built
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Year Built
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Location
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Monthly Rentals
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Choeng Thale, Thalang, Phuket
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Monthly Rentals
$7.19K - $7.91K
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Project Name
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Choeng Thale, Thalang, Phuket
Number of units
400
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$135.24K - $408.89K
▲ 17.2% overpriced
Monthly Rentals
$921 - $4.6K
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Completion Status
Completed
Location
Choeng Thale, Thalang, Phuket
Number of units
149
Sales Prices
$1.26M - $3.45M
▲ 8.9% overpriced
Monthly Rentals
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Year Built
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Completion Status
Completed
Project Name
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Choeng Thale, Thalang, Phuket
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180
Sales Prices
$281.99K - $895.76K
Monthly Rentals
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Year Built
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Completion Status
Off Plan
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