Unit ID: U1813842
2% Rental Yield
Wichit, Phuket Town,Phuket
$1,330,000
4 Bedrooms
5
Bathrooms
2,153 Sqft
Indoor Area
2
Storeys
Completed

About This House

This property is a 2,153 Sqft house with 4 bedrooms and 5 bathrooms that is available for sale. It is part of the project in Wichit, Phuket. You can buy this house for a base price of $1,330,000 ($618/Sqft) and it is also available for long term rentals starting from $2,660 per month.

Features

Rooftop GardenRooftop Garden Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Fully RenovatedFully Renovated (2024)

Basic Information

Date Listed Apr 25, 2024
Updated 6 months ago
Property Type House (Single Detached)
Storeys 2
Location Wichit, Phuket
Bedrooms 4
Nearest Landmark Central Floresta -0.4 Km
Indoor Area 2,153 Sqft
Price per Sqft $618
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 N/A
Pets All Kind of Pets Allowed
House Ownership

Foreign nationals can own the building (house) in their own name, but not the land that it stands on.

N/A
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
Furniture
Unfurnished
View(s) 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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1813842

Investment Opportunity: Charges & Yield

Sale Price
$1,330,000
Rent
$2,660/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.
42

Project Details

Project Name: Baan Suan Thai
Developer: N/A
Construction: Completed
Units: 2
Project Area: N/A
Nearest Landmark Central Floresta - 0.4 Km
Location: Wichit, Phuket
Baan Suan Thai Project Details

Project Features

24H Security 24H Security
Car Parking Car Parking

Available Units at Baan Suan Thai

For Sale 1 For Rent 2
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Frequently Asked Questions

Central Floresta is the nearest Shopping Mall from Baan Suan Thai and it is 0.4 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 Baan Suan Thai 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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Phuket
Wichit

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Baan Suan Thai

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Monthly Rentals
Year Built
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Project Name
Location
Number of units
Sales Prices
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Year Built
Completion Status
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$94.15K - $96.22K
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$428 - $649
Year Built
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Completion Status
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Number of units
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$123.96K - $138.72K
Monthly Rentals
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Year Built
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Completion Status
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$103.3K - $129.57K
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Number of units
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$80.55K - $146.54K
Monthly Rentals
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Location
Wichit, Phuket Town, Phuket
Number of units
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Sales Prices
$65.98K
Monthly Rentals
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Year Built
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Completion Status
Off Plan
Location
Wichit, Phuket Town, Phuket
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Sales Prices
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Year Built
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Completion Status
Off Plan
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