Unit ID: U1860054
14% Rental Yield
Ko Kaeo, Phuket Town,Phuket
$580,000
4 Bedrooms
4
Bathrooms
3,660 Sqft
Indoor Area
2
Storeys
Apr 2019
Completed

About This House

This property is a 3,660 Sqft house with 4 bedrooms and 4 bathrooms that is available for sale. It is part of the project in Ko Kaeo, Phuket and was completed in Apr 2019. You can buy this house for a base price of $580,000 ($159/Sqft).

𝐏𝐫𝐨𝐣𝐞𝐜𝐭 𝐅 𝐢𝐤𝐞𝐚 𝐡𝐨𝐮𝐬𝐞 𝟒 𝐛𝐞𝐝

𝐏𝐫𝐨𝐣𝐞𝐜𝐭 𝐅 𝐢𝐤𝐞𝐚 𝐡𝐨𝐮𝐬𝐞 𝐧𝐞𝐰 𝐡𝐨𝐮𝐬𝐞 𝐰𝐢𝐭𝐡 𝐟𝐮𝐫𝐧𝐢𝐭𝐮𝐫𝐞 𝟐-𝐬𝐭𝐨𝐫𝐲 𝐡𝐨𝐮𝐬𝐞 | 𝟒 𝐛𝐞𝐝 | 𝟒 𝐛𝐚𝐭𝐡 | 𝟏 𝐥𝐢𝐯𝐢𝐧𝐠 𝐫𝐨𝐨𝐦 𝐀𝐫𝐞𝐚 𝟖𝟓 𝐬𝐪𝐮𝐚𝐫𝐞 𝐖𝐚𝐡

Features

Media Room/CinemaMedia Room/Cinema Maids QuartersMaids Quarters

Basic Information

Date Listed Jun 5, 2024
Updated 3 months ago
Property Type House
Storeys 2
Location Ko Kaeo, Phuket
Bedrooms 4
Nearest Landmark Bangkok Hospital Phuket -3.7 Km
Indoor Area 3,660 Sqft
Price per Sqft $159
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
3,660 Sqft
Plot Size 3,660 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.

Foreign Ownership, Thai Ownership, Company, 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, Company, Leasehold
Land Title Deed Chanote
Construction Completed (Apr 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) City View, Garden View
Unit Type N/A
Parking Spots 3
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.
$276/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U1860054

Investment Opportunity: Charges & Yield

Sale Price
$580,000
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.
$276/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.
7
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 4 bedroom houses at Project F , and the current sales price.
14%

Project Details

Project Name: Project F
Construction: Completed (Dec 2021)
Units: 28
Project Area: 86,111 Sqft
Nearest Landmark Bangkok Hospital Phuket - 3.7 Km
Location: Ko Kaeo, Phuket
Project F Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Communal Garden Area Communal Garden Area

Available Units at Project F

For Sale 2 For Rent 1
Get notified when new homes are being added to Project F
View All (2)

Loan Calculator

Payment Plan

Type F (F-25)
Installment Milestone Payment
Reservation Deposit
Immediately
$3,480
1st Installment
Upon contract signing
$8,700
2nd Installment
On handover
100%
Untitle
Installment Milestone Payment
Reservation Deposit
Immediately
$2,900
1st Installment
Upon contract signing
$5,800
2nd Installment
On handover
100%

Frequently Asked Questions

All kind of pets are allowed at Project F including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is $1 per square meter based on the plot size of the property and is $276 for this house. 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.
Bangkok Hospital Phuket is the nearest Hospital from Project F and it is 3.7 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 Project F you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer
Type F (F-25)
Installment Milestone Payment
Reservation Deposit
Immediately
$3,480
1st Installment
Upon contract signing
$8,700
2nd Installment
On handover
100%
Untitle
Installment Milestone Payment
Reservation Deposit
Immediately
$2,900
1st Installment
Upon contract signing
$5,800
2nd Installment
On handover
100%


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

Reviews

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Phuket
Ko Kaeo

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Project F

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
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Completion Status
Project Name
Casa Signature
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
36
Sales Prices
$563.3K - $1.03M
Monthly Rentals
$3.47K - $7.22K
Year Built
Oct 2021
Completion Status
Completed
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
16
Sales Prices
$433.31K
▲ 34% overpriced
Monthly Rentals
$2.6K
Year Built
Jan 2019
Completion Status
Completed
Location
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Number of units
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Sales Prices
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▲ 15% overpriced
Monthly Rentals
$1.23K
Year Built
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Completion Status
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Project Name
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Location
Ko Kaeo, Phuket Town, Phuket
Number of units
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Sales Prices
$389.98K - $430.42K
Monthly Rentals
$722 - $867
Year Built
Oct 2017
Completion Status
Completed
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
49
Sales Prices
$207.99K
Monthly Rentals
N/A
Year Built
Aug 2010
Completion Status
Completed
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
N/A
Sales Prices
$101.08K - $401.53K
Monthly Rentals
$1.13K
Year Built
Jan 2000
Completion Status
Completed
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
80
Sales Prices
$109.77K
▼ -33.5% underpriced
Monthly Rentals
N/A
Year Built
Dec 2010
Completion Status
Completed
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
9
Sales Prices
$1.36M - $1.59M
Monthly Rentals
N/A
Year Built
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Completion Status
Off Plan
Project Name
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Location
Ratsada, Phuket Town, Phuket
Number of units
60
Sales Prices
$227.63K - $254.21K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Location
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Number of units
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Sales Prices
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Monthly Rentals
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Year Built
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Completion Status
Completed
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