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    3 Bedroom Villa for sale at Platinum Residence Park
    Rawai, Phuket Town,Phuket
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    Sale Price
    $677,000
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    3 Bedroom Villa for sale at Platinum Residence Park
    (1 Review)
    Unit ID: U1884896
    13% Rental Yield
    Rawai, Phuket Town,Phuket
    $677,000
    3 Bedrooms
    3.5
    Bathrooms
    3,520 Sqft
    Indoor Area
    2
    Storeys
    Jan 2008
    Completed
    24
    Sale Price
    $677,000

    About This Villa

    This property is a 3,520 Sqft villa with 3 bedrooms and 3.5 bathrooms that is available for sale. It is part of the project in Rawai, Phuket and was completed in Jan 2008. You can buy this villa for a base price of $677,000 ($192/Sqft).

    Spacious Pool Villa for Sale in Rawai

    Located in Rawai Beach, this spacious newly renovated villa offers all the comforts of a home to live in or a holiday home with a private swimming pool set in serene oasis gardens, garden views and a terrace. Overlooking the pool, this spacious villa has 3 bedrooms, living room, a flat-screen TV, fully equipped kitchen, 3 bathrooms with bath or shower and i toilet. Situated close to beaches, international schools and the vibrant lifestyle of Rawai, this villa is ideal for those who appreciate a balance between tranquillity and accessibility. This elegant villa is fully furnished and comes with a company to the new buyer.

    Features

    Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Full Western KitchenFull Western Kitchen BathtubBathtub Fully RenovatedFully Renovated (2023) MicrowaveMicrowave OvenOven TVTV

    Basic Information

    Date Listed Jul 3, 2024
    Updated 1 month ago
    Property Type Villa (Single Detached)
    Storeys 2
    Location Rawai, Phuket
    Bedrooms 3
    Nearest Landmark Rawai Beach -0.8 Km
    Indoor Area 3,520 Sqft
    Price per Sqft $192
    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 7,728 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.

    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 Chanote
    Construction Completed (Jan 2008)
    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 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.
    $147/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1884896

    Investment Opportunity: Charges & Yield

    Sale Price
    $677,000
    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.
    $147/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.
    8
    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 Platinum Residence Park, and the current sales price.
    13%

    Project Details

    Project Name: Platinum Residence Park
    Developer: N/A
    Construction: Completed (Jun 2008)
    Units: 24
    Project Area: N/A
    Nearest Landmark Rawai Beach - 0.8 Km
    Location: Rawai, Phuket
    Platinum Residence Park Project Details

    Project Features

    On Site Restaurant On Site Restaurant
    Communal Pool Communal Pool
    Bar Bar
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    BBQ Area BBQ Area
    Communal Garden Area Communal Garden Area

    Available Units at Platinum Residence Park

    For Sale 5 For Rent 5
    • All
    • 3 Beds
    • 4 Beds
    Get notified when new homes are being added to Platinum Residence Park
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    Frequently Asked Questions

    All kind of pets are allowed at Platinum Residence Park including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    Rawai Beach is the nearest Beach from Platinum Residence Park and it is 0.8 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 Platinum Residence Park 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 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Large villa
    Rose White, Australia, 6 years ago
    I stayed here during the summer, and I chose the 5-bed villa to accommodate many family members. The villa’s space is tranquil, with a private swimming pool and parking. The bedrooms are clean, and the kitchen is fully equipped with utilities and appliances. So, it’s quite convenient to cook for my family. Plus, the project’s location is close to Naiharn Beach in a few minutes. Plus, the villa is secured by high-security systems, and the guards are polite, helpful, and in charge for 24 hours. The project’s common area is clean with lights on at nighttime. Very livable!
    Phuket
    Rawai

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