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    3 Bedroom Villa for sale at Riverhouse Phuket
    Choeng Thale, Thalang,Phuket
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    Sale Price
    $822,000
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    3 Bedroom Villa for sale at Riverhouse Phuket
    (1 Review)
    Unit ID: U1961295
    9% Rental Yield
    Choeng Thale, Thalang,Phuket
    $822,000
    3 Bedrooms
    3
    Bathrooms
    3,401 Sqft
    Indoor Area
    2
    Storeys
    Jan 2021
    Completed
    24
    Sale Price
    $822,000

    About This Villa

    This property is a 3,401 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 Jan 2021. You can buy this villa for a base price of $822,000 ($242/Sqft).

    Features

    Wet BarWet Bar Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Full Western KitchenFull Western Kitchen

    Basic Information

    Date Listed Nov 1, 2024
    Updated N/A
    Property Type Villa
    Storeys 2
    Location Choeng Thale, Phuket
    Bedrooms 3
    Nearest Landmark Bang Tao Beach -1.8 Km
    Indoor Area 3,401 Sqft
    Price per Sqft $242
    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 3,358 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.

    N/A
    Land Title Deed N/A
    Construction Completed (Jan 2021)
    Furniture
    Built-ins are any items that do not leave the property but remain a part of the permanent structure of a home. This includes any type of permanent appliances, cabinetry, furniture that’s built into the home, such as shelving or benches, and other attached items.
    Built In
    View(s) Pool View, Garden View
    Unit Type 3BR
    Parking Spots 2
    Pool Size 10m x 3.8m
    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.
    $281/mo
    Listed By
    Developer
    Electricity Price Government Rate
    Water Price Government Rate
    Unit ID U1961295

    Investment Opportunity: Charges & Yield

    Sale Price
    $822,000
    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.
    $281/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 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 Riverhouse Phuket, and the current sales price.
    9%

    Project Details

    Project Name: Riverhouse Phuket
    Developer: E-Land Development
    Construction: Completed (Jan 2021)
    Units: 51
    Project Area: 216,355 Sqft
    Nearest Landmark Bang Tao Beach - 1.8 Km
    Location: Choeng Thale, Phuket
    Riverhouse Phuket Project Details

    Project Features

    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Communal Garden Area Communal Garden Area
    Back Up Generators Back Up Generators
    Solar Panels Solar Panels

    Popular Facilities at Riverhouse Phuket

    • All
    • Leisure
    • Safety
    3
    • 24H Security
      1st Floor
    • Communal Garden Area
      1st Floor

    Available Units at Riverhouse Phuket

    For Sale 12 For Rent 1
    • All
    • 2 Beds
    • 3 Beds
    • 4 Beds
    Get notified when new homes are being added to Riverhouse Phuket
    View All (12)

    Loan Calculator

    Payment Plan

    OffPlan Villa
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    2%
    1st Installment
    On Signature of Main Agreements ( Within 1 Month of Booking )
    28%
    2nd Installment
    On Completion Villa to Flat Roof ( Approx. 10 weeks )
    20%
    3rd Installment
    On Completion of Pitched Roof ( Approx. 9 weeks )
    20%
    4th Installment
    On Completion of Villa for Lock UP ( Approx. 10 Weeks)
    20%
    5th Installment
    On Villa Handover & Transfer Documentation ( Approx. 11 weeks )
    10%

    Frequently Asked Questions

    All kind of pets are allowed at Riverhouse Phuket including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    The common area maintenance fee for properties at Riverhouse Phuket is a fixed amount of $281. 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 Riverhouse Phuket the required payment for the sinking fund is a fixed amount of $2,960.
    Bang Tao Beach is the nearest Beach from Riverhouse Phuket and it is 1.8 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 Riverhouse Phuket you have to follow these steps:

    • - Agreement of terms and conditions
    • - Reservation Agreement
    • - Reservation Deposit
    • - Sales and Purchase Agreement
    • - Settlement & Transfer
    OffPlan Villa
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    2%
    1st Installment
    On Signature of Main Agreements ( Within 1 Month of Booking )
    28%
    2nd Installment
    On Completion Villa to Flat Roof ( Approx. 10 weeks )
    20%
    3rd Installment
    On Completion of Pitched Roof ( Approx. 9 weeks )
    20%
    4th Installment
    On Completion of Villa for Lock UP ( Approx. 10 Weeks)
    20%
    5th Installment
    On Villa Handover & Transfer Documentation ( Approx. 11 weeks )
    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

    4.7 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    E-CO friendly villa
    Surawadee D., Thailand, 4 years ago
    E-CO friendly villa with a very modern design. My husband and I went for an inspection there and were very impressed with the layout. My husband is an architect from Canada. He was impressed by how the project installs an energy-saving system, solar panels, and moisture-proof systems, which are excellent. As it rains a lot in Phuket, leaving the house unoccupied for a long time can cause a bad smell. Fortunately, the project takes residents' concerns into account. Our home is a two-story loft-style design, which is quite airy with good ventilation. Also, there is a private swimming pool and a staircase in the middle of the house to connect the first and second floors. The interior is very beautifully decorated in resort-style, suitable for being a vacation home. Also, close to many amenities, such as Tesco Lotus, Boat Avenue, and the fresh market. It is delightful to find this place. I want the house to finish quickly anyway.
    Phuket
    Choeng Thale

    Neighborhood Overview

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