Unit ID: U1170072
6% Rental Yield
Ko Kaeo, Phuket Town,Phuket
$488,000
4 Bedrooms
2.5
Bathrooms
2,691 Sqft
Indoor Area
2
Storeys
Jan 1995
Completed

About This Villa

This property is a 2,691 Sqft villa with 4 bedrooms and 2.5 bathrooms that is available for sale. It is part of the project in Ko Kaeo, Phuket and was completed in Jan 1995. You can buy this villa for a base price of $488,000 ($181/Sqft).

2 Villa with Swimming Pool and Big Land Plot

The 1st villa has 2 storey, 2 bedroom and bathroom upstair, Super big master bedroom you can put 2 king sizes, Living, storage room with 2 cover car parking. Pool with salt system size 6 x 5 x 2.5m. The small house has 1 bedroom, 1 bathrom and living space. The plot land is so big 800sqm. 

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace PondPond Covered ParkingCovered Parking BalconyBalcony Full Western KitchenFull Western Kitchen OvenOven TVTV

Basic Information

Date Listed Nov 10, 2022
Updated 1 year ago
Property Type Villa (Single Detached)
Storeys 2
Location Ko Kaeo, Phuket
Bedrooms 4
Nearest Landmark Phuket Bus Terminal 2 -4.6 Km
Indoor Area 2,691 Sqft
Price per Sqft $181
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 8,611 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
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 (Jan 1995)
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 N/A
Parking Spots 2
Pool Size 6x5x2.5
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 U1170072

Investment Opportunity: Charges & Yield

Sale Price
$488,000
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.
17
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 villas at Baan Chuanchuen Lagoon, and the current sales price.
6%

Project Details

Project Name: Baan Chuanchuen Lagoon
Developer: N/A
Construction: Completed (Sep 1992)
Units: 120
Project Area: N/A
Nearest Landmark Phuket Bus Terminal 2 - 4.6 Km
Location: Ko Kaeo, Phuket
Baan Chuanchuen Lagoon Project Details

Project Features

Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Outdoor Kids Zone Outdoor Kids Zone
Communal Garden Area Communal Garden Area

Available Units at Baan Chuanchuen Lagoon

For Sale 5 For Rent 5
Get notified when new homes are being added to Baan Chuanchuen Lagoon
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Frequently Asked Questions

All kind of pets are allowed at Baan Chuanchuen Lagoon including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Phuket Bus Terminal 2 is the nearest Bus Terminal from Baan Chuanchuen Lagoon and it is 4.6 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 Chuanchuen Lagoon 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
Ko Kaeo

Neighborhood Overview

Location and Neighborhood

Street View

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