Unit ID: U1944166
7% Rental Yield
Choeng Thale, Thalang,Phuket
$1,225,800
3 Bedrooms
4
Bathrooms
5,845 Sqft
Indoor Area
3
Storeys
May 2012
Completed

About This Villa

This property is a 5,845 Sqft villa with 3 bedrooms and 4 bathrooms that is available for sale. It is part of the project in Choeng Thale, Phuket and was completed in May 2012. You can buy this villa for a base price of $1,225,800 ($210/Sqft).

Layan Sea View Villa

3 bedroom villa with panoramic views of the Andaman Sea in the Layan beach area (Bang Tao).    An exclusive complex of 18 villas with 24-hour security and video surveillance, offering stunning sea views and spacious villa areas.    The villa is a few minutes from Layan beach and only 15 minutes from the famous Laguna Phuket, with all its infrastructure, as well as not far from international schools, shops, cafes and restaurants.    The living area is 343 sq.m., the external territory is 200 sq.m. Large terrace, private pool, spacious bedrooms and bathrooms, magnificent sea views.   Upper level: - master bedroom with bathroom; - kitchen with dining area; - living room; - an outdoor terrace with a 12 * 4 m swimming pool, a sunbathing area and a barbecue; - parking.   The average level: - huge living room; - laundry room; - spacious guest bedroom with bathroom and terrace.   Lower level: - spacious guest bedroom with bathroom and terrace.   The base: - a large open-plan room with a separate entrance (without renovation).

Features

Beach AccessBeach Access Ocean AccessOcean Access Private PoolPrivate Pool TerraceTerrace Covered ParkingCovered Parking Outdoor ShowersOutdoor Showers

Basic Information

Date Listed Oct 4, 2024
Updated 2 days ago
Property Type Villa
Storeys 3
Location Choeng Thale, Phuket
Bedrooms 3
Nearest Landmark Layan Beach -1 Km
Indoor Area 5,845 Sqft
Price per Sqft $210
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
377 Sqft
Plot Size 7,535 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, 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.

Leasehold
Land Title Deed Chanote
Construction Completed (May 2012)
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) Mountain View, Partial Sea View, Unblocked Open View
Unit Type N/A
Parking Spots 2
Pool Size 12 * 4 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.
$17,500/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1944166

Investment Opportunity: Charges & Yield

Sale Price
$1,225,800
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.
$17,500/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.
14
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 Villas Overlooking Layan, and the current sales price.
7%

Project Details

Construction: Completed (Dec 2010)
Units: 18
Project Area: N/A
Nearest Landmark Layan Beach - 1 Km
Location: Choeng Thale, Phuket
The Villas Overlooking Layan Project Details

Project Features

Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Communal Garden Area Communal Garden Area

Available Units at The Villas Overlooking Layan

For Sale 6 For Rent 4
Get notified when new homes are being added to The Villas Overlooking Layan
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Frequently Asked Questions

All kind of pets are allowed at The Villas Overlooking Layan including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee for properties at The Villas Overlooking Layan is a fixed amount of $506. 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.
Layan Beach is the nearest Beach from The Villas Overlooking Layan and it is 1 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 Villas Overlooking Layan 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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Choeng Thale

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Villas Overlooking Layan

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Number of units
Sales Prices
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Year Built
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Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Location
Choeng Thale, Thalang, Phuket
Number of units
12
Sales Prices
$575.24K - $1.01M
▲ 18% overpriced
Monthly Rentals
N/A
Year Built
N/A
Completion Status
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Choeng Thale, Thalang, Phuket
Number of units
18
Sales Prices
$635.94K - $2.72M
▼ -4.6% underpriced
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Year Built
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Completion Status
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Location
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Number of units
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$1.3M - $2.6M
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Location
Choeng Thale, Thalang, Phuket
Number of units
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$823.84K - $881.65K
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N/A
Year Built
Jun 2023
Completion Status
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Location
Choeng Thale, Thalang, Phuket
Number of units
8
Sales Prices
$1.59M - $2.54M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
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Project Name
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Number of units
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Monthly Rentals
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Year Built
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Completion Status
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Project Name
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Location
Choeng Thale, Thalang, Phuket
Number of units
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Sales Prices
$1.68M
▼ -4% underpriced
Monthly Rentals
$9.25K
Year Built
Jun 2022
Completion Status
Completed
Project Name
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Location
Choeng Thale, Thalang, Phuket
Number of units
3
Sales Prices
$1.43M - $1.54M
Monthly Rentals
N/A
Year Built
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Completion Status
Completed
Location
Choeng Thale, Thalang, Phuket
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Sales Prices
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Completion Status
Made To Order
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