Unit ID: U1955203
4% Rental Yield
Ko Kaeo, Phuket Town,Phuket
$264,000
3 Bedrooms
2.5
Bathrooms
2,110 Sqft
Indoor Area
2
Storeys
Jan 2010
Completed

About This Villa

This property is a 2,110 Sqft villa with 3 bedrooms and 2.5 bathrooms that is available for sale. It is part of the project in Ko Kaeo, Phuket and was completed in Jan 2010. You can buy this villa for a base price of $264,000 ($125/Sqft).

3-Bedroom House near British International School

This beautifully designed 3-bedroom home spans 196 Sqm on a 251 Sqm plot, offering modern luxury and convenience. Located just a short walk from the prestigious British International School Phuket (BISP), this property is ideal for investors, with high demand for rentals in the area. The house comes fully furnished, including appliances, and each room is equipped with air conditioning, ensuring comfort and ease for both residents and guests. The surrounding area is flood-free, enhancing the safety and security of your investment. Inside, you'll find spacious living areas with a large lounge and dining room, perfect for entertaining or relaxing. The fully equipped kitchen is ready for culinary creations, while a large home office doubles as a soundproof recording studio or creative space, catering to diverse needs. The exterior features an established tropical garden and an outside storage room, all within a secure, well-maintained estate. This home offers both a peaceful living environment and the opportunity for strong rental returns.  Key Features: - 3 bedrooms - 2.5 bathrooms - Spacious lounge and dining room - Fully equipped kitchen - Large home office / soundproof recording studio / creative space - Outside storage room - Established tropical garden - Secure, well-maintained estate - High rental demand location near BISP - Free furniture and appliances included - Air conditioners in all rooms - Flood-free area

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Full Western KitchenFull Western Kitchen Washing MachineWashing Machine OvenOven TVTV

Basic Information

Date Listed Oct 28, 2024
Updated 3 days ago
Property Type Villa (Single Detached)
Storeys 2
Location Ko Kaeo, Phuket
Bedrooms 3
Nearest Landmark Laem Hin Seafood -4.6 Km
Indoor Area 2,110 Sqft
Price per Sqft $125
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 2,702 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 2010)
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) Garden View
Unit Type N/A
Parking Spots 1
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 U1955203

Investment Opportunity: Charges & Yield

Sale Price
$264,000
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.
26
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 The Indy 2, and the current sales price.
4%

Project Details

Project Name: The Indy 2
Developer: N/A
Construction: Completed (Jan 2015)
Units: 70
Project Area: N/A
Nearest Landmark Laem Hin Seafood - 4.6 Km
Location: Ko Kaeo, Phuket
The Indy 2 Project Details

Project Features

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

Available Units at The Indy 2

For Sale 1 For Rent 3
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Frequently Asked Questions

All kind of pets are allowed at The Indy 2 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Laem Hin Seafood is the nearest Restaurant from The Indy 2 and it is 4.6 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 The Indy 2 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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Ko Kaeo

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Indy 2

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Location
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$231.85K - $445.86K
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$1.78K - $2.53K
Year Built
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Completion Status
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Location
Ko Kaeo, Phuket Town, Phuket
Number of units
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Sales Prices
$80.82K - $469.64K
Monthly Rentals
$594 - $1.43K
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Project Name
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Location
Ko Kaeo, Phuket Town, Phuket
Number of units
128
Sales Prices
$400.98K - $1.07M
Monthly Rentals
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Year Built
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Completion Status
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Location
Ko Kaeo, Phuket Town, Phuket
Number of units
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Sales Prices
$285.06K - $609.35K
Monthly Rentals
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Year Built
N/A
Completion Status
Made To Order
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
N/A
Sales Prices
$469.64K
Monthly Rentals
$832 - $892
Year Built
Jan 2020
Completion Status
Completed
Project Name
Passorn Koh Kaew
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
161
Sales Prices
$222.93K - $252.66K
▼ -14% underpriced
Monthly Rentals
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Year Built
Apr 2017
Completion Status
Completed
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