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    4 Bedroom Villa for sale at Nimman Phuket
    Ratsada, Phuket Town,Phuket
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    Sale Price
    $688,000
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    4 Bedroom Villa for sale at Nimman Phuket
     (Write Review)
    Unit ID: U1718592
    9% Rental Yield
    Ratsada, Phuket Town,Phuket
    $688,000
    4 Bedrooms
    3
    Bathrooms
    1,647 Sqft
    Indoor Area
    2
    Storeys
    Jan 2023
    Completed
    15
    Sale Price
    $688,000

    About This Villa

    This property is a 1,647 Sqft villa with 4 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Ratsada, Phuket and was completed in Jan 2023. You can buy this villa for a base price of $688,000 ($418/Sqft).

    Welcome to "Baan Nimman" - a detached house in the middle of the Samkong-Boat Plaza area Baan Nimman is a source of happiness and peace in every detail of your home. With concern for the quality and beauty of the environment, Every aspect of the house is designed to create balance and happiness in your family life. House details: • Usable area 240.60 square meters • 4 bedrooms • 3 bathrooms • 1 living room • 2 parking spaces • Outdoor dining area. • Private swimming pool or garden.

    Features

    Private PoolPrivate Pool Private GardenPrivate Garden Covered ParkingCovered Parking Corner UnitCorner Unit BalconyBalcony TVTV

    Basic Information

    Date Listed Jan 23, 2024
    Updated 10 months ago
    Property Type Villa (Single Detached)
    Storeys 2
    Location Ratsada, Phuket
    Bedrooms 4
    Nearest Landmark Tawee Saman Market -1.1 Km
    Indoor Area 1,647 Sqft
    Price per Sqft $418
    Outdoor Area
    This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
    721 Sqft
    Plot Size 10,333 Sqft
    Pets N/A
    Villa Ownership

    Foreign nationals can own the building (villa) in their own name, but not the land that it stands on.

    Thai Ownership, Company
    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
    Land Title Deed N/A
    Construction Completed (Jan 2023)
    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.
    $73/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1718592

    Investment Opportunity: Charges & Yield

    Sale Price
    $688,000
    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.
    $73/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.
    11
    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 Nimman Phuket, and the current sales price.
    9%

    Project Details

    Project Name: Nimman Phuket
    Developer: N/A
    Construction: Completed (Jan 2023)
    Units: 19
    Project Area: N/A
    Nearest Landmark Tawee Saman Market - 1.1 Km
    Location: Ratsada, Phuket
    Nimman Phuket Project Details

    Project Features

    24H Security 24H Security
    Car Parking Car Parking

    Available Units at Nimman Phuket

    For Sale 7 For Rent 2
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    Frequently Asked Questions

    Tawee Saman Market is the nearest Market from Nimman Phuket and it is 1.1 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 Nimman 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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    Phuket
    Ratsada

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