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    4 Bedroom Villa for sale at Platinum Residence Park
    Rawai, Phuket Town,Phuket
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    Sale Price
    $759,000
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    4 Bedroom Villa for sale at Platinum Residence Park
    (1 Review)
    Unit ID: U1666600
    8% Rental Yield
    Rawai, Phuket Town,Phuket
    $759,000
    4 Bedrooms
    4
    Bathrooms
    3,660 Sqft
    Indoor Area
    2
    Storeys
    Completed
    20
    Sale Price
    $759,000

    About This Villa

    This property is a 3,660 Sqft villa with 4 bedrooms and 4 bathrooms that is available for sale. It is part of the project in Rawai, Phuket. You can buy this villa for a base price of $759,000 ($207/Sqft).

    Explore 4 bedrooms, 4 bathrooms pool villa, boasting 340 SQM of luxurious living space, nestled within the prestigious Platinum Residence Park project in Rawai, Phuket. Situated a mere 1.3 km from shops, restaurants, bars, and the picturesque beach, it's the epitome of convenience. Enjoy the expansive terrace and low-maintenance garden, a TV room with a generous flatscreen, and a versatile play or office room. With the potential to convert into a 5-bedroom haven, this villa sits on a spacious 600 SQM land plot, offering plenty of room to roam. Dive into the sparkling 8x4-meter pool, park effortlessly in the indoor garage, and relish 24/7 security and tranquility. Modern comforts abound, including a hot water boiler, a fully-equipped European kitchen with Siemens appliances, and complete furnishings. Don't miss out on this Freehold Chanote gem, complete with 7 air conditioning units, designed for a lifetime of blissful living in tropical paradise.

    Features

    Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony BathtubBathtub MicrowaveMicrowave OvenOven TVTV

    Basic Information

    Date Listed Sep 18, 2023
    Updated 2 months ago
    Property Type Villa (Single Detached)
    Storeys 2
    Location Rawai, Phuket
    Bedrooms 4
    Nearest Landmark Rawai Beach -0.8 Km
    Indoor Area 3,660 Sqft
    Price per Sqft $207
    Outdoor Area
    This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
    2,799 Sqft
    Plot Size 6,458 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.

    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.

    Company
    Land Title Deed Chanote
    Construction Completed
    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 8m x 4m
    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.
    $146/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1666600

    Investment Opportunity: Charges & Yield

    Sale Price
    $759,000
    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.
    $146/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.
    13
    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 Platinum Residence Park, and the current sales price.
    8%

    Project Details

    Project Name: Platinum Residence Park
    Developer: N/A
    Construction: Completed (Jun 2008)
    Units: 24
    Project Area: N/A
    Nearest Landmark Rawai Beach - 0.8 Km
    Location: Rawai, Phuket
    Platinum Residence Park Project Details

    Project Features

    On Site Restaurant On Site Restaurant
    Communal Pool Communal Pool
    Bar Bar
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    BBQ Area BBQ Area
    Communal Garden Area Communal Garden Area

    Available Units at Platinum Residence Park

    For Sale 5 For Rent 5
    • All
    • 3 Beds
    • 4 Beds
    Get notified when new homes are being added to Platinum Residence Park
    View All (5)

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    Frequently Asked Questions

    All kind of pets are allowed at Platinum Residence Park including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    Rawai Beach is the nearest Beach from Platinum Residence Park and it is 0.8 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 Platinum Residence Park 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

    Reviews

    4 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Large villa
    Rose White, Australia, 6 years ago
    I stayed here during the summer, and I chose the 5-bed villa to accommodate many family members. The villa’s space is tranquil, with a private swimming pool and parking. The bedrooms are clean, and the kitchen is fully equipped with utilities and appliances. So, it’s quite convenient to cook for my family. Plus, the project’s location is close to Naiharn Beach in a few minutes. Plus, the villa is secured by high-security systems, and the guards are polite, helpful, and in charge for 24 hours. The project’s common area is clean with lights on at nighttime. Very livable!
    Phuket
    Rawai

    Neighborhood Overview

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