Unit ID: U1095346
12% Rental Yield
Si Sunthon, Thalang,Phuket
$740,000 $1,100,000
3 Bedrooms
4
Bathrooms
4,715 Sqft
Indoor Area
1
Storeys
May 2019
Completed

About This Villa

This property is a 4,715 Sqft villa with 3 bedrooms and 4 bathrooms that is available for sale. It is part of the project in Si Sunthon, Phuket and was completed in May 2019. You can buy this villa for a base price of $740,000 ($157/Sqft).

Features

Rooftop TerraceRooftop Terrace TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Full Western KitchenFull Western Kitchen MicrowaveMicrowave OvenOven TVTV

Basic Information

Date Listed May 18, 2022
Updated 1 year ago
Property Type Villa (Single Detached)
Storeys 1
Location Si Sunthon, Phuket
Bedrooms 3
Nearest Landmark Bang Tao Beach -4.8 Km
Indoor Area 4,715 Sqft
Price per Sqft $157
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 4,736 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, 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.

Thai Ownership, Leasehold
Land Title Deed N/A
Construction Completed (May 2019)
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 3BD
Parking Spots N/A
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.
$251/mo
Listed By
Developer
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1095346

Investment Opportunity: Charges & Yield

Sale Price
$740,000
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.
$251/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.
9
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 Tropicana Villa Phuket , and the current sales price.
12%

Project Details

Construction: Completed (May 2019)
Units: 8
Project Area: 51,451 Sqft
Nearest Landmark Bang Tao Beach - 4.8 Km
Location: Si Sunthon, Phuket
Tropicana Villa Phuket Project Details

Project Features

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

Available Units at Tropicana Villa Phuket

For Sale 1 For Rent 1
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Payment Plan

Term of payment
Installment Milestone Payment
Reservation Deposit
Immediately
$5,730
1st Installment
Upon contract signing
35%
2nd Installment
Completion of Main Structure
30%
3rd Installment
Completion of Roof and wall
25%
4th Installment
On handover
10%

Frequently Asked Questions

All kind of pets are allowed at Tropicana Villa Phuket including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is ฿20 per square meter based on the size of indoor area of the property and is ฿8,760 for this villa. This fee 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 Tropicana Villa Phuket the required payment for the sinking fund is ฿150 per square meter based on the size of the indoor area of the property.
Bang Tao Beach is the nearest Beach from Tropicana Villa Phuket and it is 4.8 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 Tropicana Villa Phuket you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer
Term of payment
Installment Milestone Payment
Reservation Deposit
Immediately
$5,730
1st Installment
Upon contract signing
35%
2nd Installment
Completion of Main Structure
30%
3rd Installment
Completion of Roof and wall
25%
4th Installment
On handover
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

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Phuket
Si Sunthon

Neighborhood Overview

Location and Neighborhood

Street View

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