Unit ID: U1745370
6% Rental Yield
Ko Kaeo, Phuket Town,Phuket
$390,000
4 Bedrooms
3
Bathrooms
1,593 Sqft
Indoor Area
2
Storeys
Apr 2020
Completed

About This House

This property is a 1,593 Sqft house with 4 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Ko Kaeo, Phuket and was completed in Apr 2020. You can buy this house for a base price of $390,000 ($245/Sqft).

Features

Private GardenPrivate Garden Garden AccessGarden Access TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Full Western KitchenFull Western Kitchen

Basic Information

Date Listed Feb 28, 2024
Updated 8 months ago
Property Type House
Storeys 2
Location Ko Kaeo, Phuket
Bedrooms 4
Nearest Landmark Cape Yamu Beach -5.7 Km
Indoor Area 1,593 Sqft
Price per Sqft $245
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 2,282 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 Chanote
Construction Completed (Apr 2020)
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) N/A
Unit Type N/A
Parking Spots 1
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.
$37/mo
Listed By
Each listing provided by partnered agents is individually verified by AsiaVillas. Partner Agents work for different brokerages or property management companies but have teamed up with AsiaVillas so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1745370

Investment Opportunity: Charges & Yield

Sale Price
$390,000
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.
$37/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.
18
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 Supicha Sino Kohkaew 8, and the current sales price.
6%

Project Details

Project Name: Supicha Sino Kohkaew 8
Developer: Supicha Development
Construction: Completed (Apr 2020)
Units: 135
Project Area: 465,001 Sqft
Nearest Landmark Cape Yamu Beach - 5.7 Km
Location: Ko Kaeo, Phuket
Supicha Sino Kohkaew 8 Project Details

Project Features

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

Popular Facilities at Supicha Sino Kohkaew 8

  • Communal Pool
    Ground Floor

Available Units at Supicha Sino Kohkaew 8

For Sale 6 For Rent 10
Get notified when new homes are being added to Supicha Sino Kohkaew 8
View All (6)

Loan Calculator

Payment Plan

3BR payment
Installment Milestone Payment
Reservation Deposit
Immediately
$289
1st Installment
Upon contract signing
$867
2nd Installment
On handover
100%
4 BR payment
Installment Milestone Payment
Reservation Deposit
Immediately
$289
1st Installment
Upon contract signing
$1,440
2nd Installment
On handover
100%

Frequently Asked Questions

All kind of pets are allowed at Supicha Sino Kohkaew 8 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is $0 per square meter based on the plot size of the property and is $37 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.
Cape Yamu Beach is the nearest Beach from Supicha Sino Kohkaew 8 and it is 5.7 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 Supicha Sino Kohkaew 8 you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer
3BR payment
Installment Milestone Payment
Reservation Deposit
Immediately
$289
1st Installment
Upon contract signing
$867
2nd Installment
On handover
100%
4 BR payment
Installment Milestone Payment
Reservation Deposit
Immediately
$289
1st Installment
Upon contract signing
$1,440
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

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Phuket
Ko Kaeo

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Supicha Sino Kohkaew 8

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Number of units
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Year Built
Completion Status
Project Name
Location
Number of units
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Location
Ko Kaeo, Phuket Town, Phuket
Number of units
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▼ -8% underpriced
Monthly Rentals
$1.42K - $2.39K
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Location
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$7.19K - $10.07K
Year Built
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Ko Kaeo, Phuket Town, Phuket
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Year Built
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Location
Ko Kaeo, Phuket Town, Phuket
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Completion Status
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Location
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$48.63K - $77.4K
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Project Name
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Sales Prices
$532.33K
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Monthly Rentals
$1.87K - $4.32K
Year Built
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Completion Status
Completed
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
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Sales Prices
$78.24K - $486.29K
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Year Built
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Completion Status
Completed
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
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Sales Prices
$454.64K - $486.29K
Monthly Rentals
$806 - $863
Year Built
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Project Name
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Location
Ko Kaeo, Phuket Town, Phuket
Number of units
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Completion Status
Completed
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