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    3 Bedroom Villa for sale at Le Villas & Residence
    Rawai, Phuket Town,Phuket
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    Sale Price
    $488,000
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    3 Bedroom Villa for sale at Le Villas & Residence
    (2 Reviews)
    Unit ID: U1430980
    6% GUAR. RETURN FOR 5 YEARS
    Rawai, Phuket Town,Phuket
    $488,000
    3 Bedrooms
    4
    Bathrooms
    3,197 Sqft
    Indoor Area
    2
    Storeys
    Dec 2020
    Completed
    13
    Sale Price
    $488,000

    About This Villa

    This property is a 3,197 Sqft villa with 3 bedrooms and 4 bathrooms that is available for sale. It is part of the project in Rawai, Phuket and was completed in Dec 2020. You can buy this villa for a base price of $488,000 ($153/Sqft).

    Features

    Wet BarWet Bar Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Wifi IncludedWifi Included BathtubBathtub MicrowaveMicrowave TVTV

    Basic Information

    Date Listed Jun 20, 2023
    Updated 1 year ago
    Property Type Villa (Single Detached)
    Storeys 2
    Location Rawai, Phuket
    Bedrooms 3
    Nearest Landmark Rawai Beach -2.9 Km
    Indoor Area 3,197 Sqft
    Price per Sqft $153
    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 3,091 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.

    Thai Ownership, Company, Leasehold
    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, Company, Leasehold
    Land Title Deed N/A
    Construction Completed (Dec 2020)
    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 Type B - 3 Bedroom
    Parking Spots 1
    Pool Size 32 sq.m.
    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.
    $202/mo
    Listed By
    Developer
    Electricity Price Government Rate
    Water Price Government Rate
    Unit ID U1430980

    Investment Opportunity: Charges & Yield

    Sale Price
    $488,000
    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.
    $202/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.
    17
    Guaranteed Rental Return
    6%
    Guarantee Duration
    5 Years

    Project Details

    Project Name: Le Villas & Residence
    Developer: M Pool Villa Resort Co., Ltd.
    Construction: Completed (Dec 2020)
    Units: 20
    Project Area: N/A
    Nearest Landmark Rawai Beach - 2.9 Km
    Location: Rawai, Phuket
    Le Villas & Residence Project Details

    Project Features

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

    Available Units at Le Villas & Residence

    For Sale 1 For Rent 2
    • All
    • 3 Beds
    Get notified when new homes are being added to Le Villas & Residence
    View All (1)

    Loan Calculator

    Payment Plan

    Payment Term
    Installment Milestone Payment
    Deposit
    Immediately
    $5,780
    1st Installment
    Reservation Contract
    10%
    2nd Installment
    Master Contract
    20%
    3rd Installment
    After Foundation Posts Completion
    20%
    4th Installment
    After Walls and Roof Slab Completion
    20%
    5th Installment
    After Floor Finishing and Interior Completion
    20%
    6th Installment
    On handover
    10%

    Frequently Asked Questions

    All kind of pets are allowed at Le Villas & Residence including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    The common area maintenance fee for properties at Le Villas & Residence is a fixed amount of $202. This amount 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 Le Villas & Residence the required payment for the sinking fund is a fixed amount of $5,780.
    Le Villas & Residence offers a guaranteed rental return of 6% (based on the purchase price of the property) for a duration of 5 Years.
    Read more here.
    Rawai Beach is the nearest Beach from Le Villas & Residence and it is 2.9 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 Le Villas & Residence you have to follow these steps:

    • - Agreement of terms and conditions
    • - Reservation Agreement
    • - Reservation Deposit
    • - Sales and Purchase Agreement
    • - Settlement & Transfer
    Payment Term
    Installment Milestone Payment
    Deposit
    Immediately
    $5,780
    1st Installment
    Reservation Contract
    10%
    2nd Installment
    Master Contract
    20%
    3rd Installment
    After Foundation Posts Completion
    20%
    4th Installment
    After Walls and Roof Slab Completion
    20%
    5th Installment
    After Floor Finishing and Interior Completion
    20%
    6th Installment
    On handover
    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

    Reviews

    4 out of 5
    Based on
    2 Reviews
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    New project, very beautiful location
    Elliot Anderson, Canada, 3 years ago
    One of the latest intriguing projects! The project is on the hill, so it won't be crowded with people. Yet, it's near Nai Harn, Ya Nui beaches, and other shopping malls. After viewing the project, there are only 20 villas available from 4-6 bedrooms. The investors can also gain a profit at 6% for 5 years, worthwhile! Plus, the atmosphere is pretty private, perfect for introverts. The exterior design also meets introverted lifestyles. The prices match the land area and the house as well.
    Suitable for vacationing
    Vasiliki Bodkin, Mexico, 4 years ago
    A new project which is very interesting, surrounded by lush green forest and nature. I bought it here because it's worthwhile for investment. The villa is designed for a holiday place, comprising a private pool and car parking spaces. The furniture decorated is luxurious and stylish, giving a sense of warmth, shady, and pleasant to live. Also, it provides a 6% guaranteed rental yield up to 6 years, perfect!
    Phuket
    Rawai

    Neighborhood Overview

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