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    3 Bedroom Villa for sale at Peykaa Villa
    Choeng Thale, Thalang,Phuket
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    Sale Price
    $537,000
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    3 Bedroom Villa for sale at Peykaa Villa

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    Unit ID: U1654014
    9% Rental Yield
    Choeng Thale, Thalang,Phuket
    $537,000
    3 Bedrooms
    3.5
    Bathrooms
    1,485 Sqft
    Indoor Area
    1
    Storeys
    Dec 2021
    Completed
    12
    Sale Price
    $537,000

    About This Villa

    This property is a 1,485 Sqft villa with 3 bedrooms and 3.5 bathrooms that is available for sale. It is part of the project in Choeng Thale, Phuket and was completed in Dec 2021. You can buy this villa for a base price of $537,000 ($362/Sqft) and it is also available for long term rentals starting from $4,060 per month.

    This villa is located in Layan, a peaceful community on the West Coast of Phuket adjacent to luxurious 5-star Laguna Resorts.  With easy access to Bang Tao, Layan and Surin Beaches, the Laguna golf course, as well as Thai and international restaurants and bars, this is truly one of the most sought-after residential areas on the island. The developer is one of Phuket’s finest and most trusted. Their emphasis on both quality and practicality of design is certainly on show here.  The interior is spacious and offers generous amounts of natural light.  The western-style kitchen features a fully-equipped with oven, gas stove and refrigerator .  The master bedroom opens onto the sun deck and swimming pool. Easy access to international schools, tournament-caliber golf courses and Phuket International Airport (only a 30 min. drive away) makes this a superior choice, whether you are looking for an investment to rent out, or for something more permanent. This villa is available for sale on a leasehold basis, but can be upgraded to Freehold.  

    Features

    Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Wifi IncludedWifi Included Full Western KitchenFull Western Kitchen BathtubBathtub OvenOven TVTV Pool Cleaning IncludedPool Cleaning Included

    Basic Information

    Date Listed Aug 21, 2023
    Updated 1 year ago
    Property Type Villa (Single Detached)
    Storeys 1
    Location Choeng Thale, Phuket
    Bedrooms 3
    Nearest Landmark N/A
    Indoor Area 1,485 Sqft
    Price per Sqft $362
    Outdoor Area
    This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
    1,227 Sqft
    Plot Size 4,844 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.

    Foreign Ownership
    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.

    Leasehold
    Land Title Deed Chanote
    Construction Completed (Dec 2021)
    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 2
    Pool Size 10x4
    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 U1654014

    Investment Opportunity: Charges & Yield

    Sale Price
    $537,000
    Rent
    $4,060/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.
    11
    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.
    9%

    Project Details

    Project Name: Peykaa Villa
    Developer: N/A
    Construction: Completed (Dec 2021)
    Units: 1
    Project Area: N/A
    Nearest Landmark N/A
    Location: Choeng Thale, Phuket
    Peykaa Villa Project Details

    Project Features

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

    Available Units at Peykaa Villa

    For Sale 1 For Rent 1
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    Frequently Asked Questions

    All kind of pets are allowed at Peykaa Villa including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.

    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 Peykaa Villa 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

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    Phuket
    Choeng Thale

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