Unit ID: U1132784
7% Rental Yield
Chalong, Phuket Town,Phuket
$670,000
4 Bedrooms
3
Bathrooms
5,920 Sqft
Indoor Area
1
Storeys
Dec 2020
Completed

About This Villa

This property is a 5,920 Sqft villa with 4 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Chalong, Phuket and was completed in Dec 2020. You can buy this villa for a base price of $670,000 ($113/Sqft) and it is also available for long term rentals starting from $3,790 per month.

In the midst of Chalong, Luxxbella Luxury Private Villa is nestled in the quiet tropical views at the foot of the Big Buddha Mountain. This house offers all the luxury of a traditional Bali style house built around a beautiful full size swimming pool. Luxxbella Luxury Private Villa is an exclusive 4 Bedroom Villa (Each with Queen sized beds), 3 Bathroom, 1 Laundry Room, European Island kitchen (fully equipped) with High Standard Decoration and Swimming Pool. The main bedroom and 2 other bedrooms plus lounge and formal dining all open onto and surround the pool. Feel safe and secure with 24/7 CCTV security and secure parking (for 2 cars) behind a remote-control electric gate. This home away from home Villa covers 600 Sqm and is suitable for families or adults up to 5 people. Other outstanding facilities include Air conditioning, Ceiling fans, flat screen TV with international channels and movie channels, tea and coffee making facilities, hair dryer and linen. Walk in walk out living where you just bring your clothes and personal belongings. This villa is in a private quiet area of Chalong and is close to Chalong pier and gateway to some of the most beautiful Islands around Phuket. It is also close to many tourist attractions such as the popular ATV mountain tour, Elephants, Go-Kart Racing, shooting Range, Golf course and Tennis courts to name a few.                     

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Full Western KitchenFull Western Kitchen BathtubBathtub MicrowaveMicrowave OvenOven TVTV

Basic Information

Date Listed Jul 27, 2022
Updated 2 months ago
Property Type Villa (Single Detached)
Storeys 1
Location Chalong, Phuket
Bedrooms 4
Nearest Landmark Kata Beach -4 Km
Indoor Area 5,920 Sqft
Price per Sqft $113
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 6,458 Sqft
Pets Not 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 (Dec 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) Pool View, 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 U1132784

Investment Opportunity: Charges & Yield

Sale Price
$670,000
Rent
$3,790/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: Luxx Phuket
Developer: N/A
Construction: Completed (Dec 2020)
Units: 5
Project Area: N/A
Nearest Landmark Kata Beach - 4 Km
Location: Chalong, Phuket
Luxx Phuket Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)

Available Units at Luxx Phuket

For Sale 1 For Rent 5
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Frequently Asked Questions

No pets are allowed at Luxx Phuket unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Kata Beach is the nearest Beach from Luxx Phuket 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 Luxx Phuket 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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Chalong

Neighborhood Overview

Location and Neighborhood

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