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    4 Bedroom House for sale at Passorn Kathu-Patong
    Kathu, Kathu,Phuket
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    Sale Price
    $262,000
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    4 Bedroom House for sale at Passorn Kathu-Patong
     (Write Review)
    Unit ID: U1398686
    7% Rental Yield
    Tenant-Occupied until Aug 1, 2025
    Kathu, Kathu,Phuket
    $262,000
    4 Bedrooms
    3
    Bathrooms
    2,691 Sqft
    Indoor Area
    2
    Storeys
    Dec 2013
    Completed
    16
    Sale Price
    $262,000

    About This House

    This property is a 2,691 Sqft house with 4 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Kathu, Phuket and was completed in Dec 2013. You can buy this house for a base price of $262,000 ($98/Sqft) and it is also available for long term rentals starting from $1,460 per month.

    Features

    Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Corner UnitCorner Unit BalconyBalcony TVTV

    Basic Information

    Date Listed Apr 24, 2023
    Updated 1 year ago
    Property Type House (Single Detached)
    Storeys 2
    Location Kathu, Phuket
    Bedrooms 4
    Nearest Landmark Patong Beach -4 Km
    Indoor Area 2,691 Sqft
    Price per Sqft $98
    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 3,014 Sqft
    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.

    Thai Ownership
    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
    Land Title Deed N/A
    Construction Completed (Dec 2013)
    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 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 U1398686

    Investment Opportunity: Charges & Yield

    Sale Price
    $262,000
    Rent
    $1,460/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.
    15
    Rental Yield
    This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
    7%

    Project Details

    Project Name: Passorn Kathu-Patong
    Developer: Pruksa Real Estate
    Construction: Completed (Dec 2013)
    Units: 152
    Project Area: N/A
    Nearest Landmark Patong Beach - 4 Km
    Location: Kathu, Phuket
    Passorn Kathu-Patong Project Details

    Project Features

    Communal Pool Communal Pool
    Communal Gym Communal Gym
    Clubhouse Clubhouse
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Outdoor Kids Zone Outdoor Kids Zone
    Key card access Key card access

    Available Units at Passorn Kathu-Patong

    For Sale 3 For Rent 7
    • All
    • 3 Beds
    • 4 Beds
    Get notified when new homes are being added to Passorn Kathu-Patong
    View All (3)

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    Frequently Asked Questions

    All kind of pets are allowed at Passorn Kathu-Patong including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    Patong Beach is the nearest Beach from Passorn Kathu-Patong and it is 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 Passorn Kathu-Patong 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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