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    4 Bedroom Villa for sale at Platinum Residence Park
    Rawai, Phuket Town,Phuket
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    Sale Price
    $306,000
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    4 Bedroom Villa for sale at Platinum Residence Park
    (1 Review)
    Unit ID: U1950340
    8% Rental Yield
    Tenant-Occupied until Jan 5, 2025
    Rawai, Phuket Town,Phuket
    $306,000
    4 Bedrooms
    3
    Bathrooms
    2,583 Sqft
    Indoor Area
    2
    Storeys
    Jun 2014
    Completed
    37
    Sale Price
    $306,000

    About This Villa

    This property is a 2,583 Sqft villa with 4 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Rawai, Phuket and was completed in Jun 2014. You can buy this villa for a base price of $306,000 ($119/Sqft).

    Features

    Private PoolPrivate Pool Rooftop TerraceRooftop Terrace TerraceTerrace Covered ParkingCovered Parking

    Basic Information

    Date Listed Oct 15, 2024
    Updated 1 month ago
    Property Type Villa
    Storeys 2
    Location Rawai, Phuket
    Bedrooms 4
    Nearest Landmark Rawai Beach -0.8 Km
    Indoor Area 2,583 Sqft
    Price per Sqft $119
    Outdoor Area
    This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
    1,076 Sqft
    Plot Size 3,229 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.

    N/A
    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.

    N/A
    Land Title Deed N/A
    Construction Completed (Jun 2014)
    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) Mountain View
    Unit Type N/A
    Parking Spots 1
    Pool Size 7x3
    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.
    $145/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1950340

    Investment Opportunity: Charges & Yield

    Sale Price
    $306,000
    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.
    $145/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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