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    4 Bedroom Villa for sale at The Menara Hills
    Si Sunthon, Thalang,Phuket
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    Sale Price
    $1,240,000
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    4 Bedroom Villa for sale at The Menara Hills
    (1 Review)
    Unit ID: U1912859
    10% Rental Yield
    Tenant-Occupied until Dec 1, 2024
    Si Sunthon, Thalang,Phuket
    $1,240,000
    4 Bedrooms
    6
    Bathrooms
    6,695 Sqft
    Indoor Area
    2
    Storeys
    Completed
    26
    Sale Price
    $1,240,000

    About This Villa

    This property is a 6,695 Sqft villa with 4 bedrooms and 6 bathrooms that is available for sale. It is part of the project in Si Sunthon, Phuket. You can buy this villa for a base price of $1,240,000 ($186/Sqft) and it is also available for long term rentals starting from $10,400 per month.

    Features

    Media Room/CinemaMedia Room/Cinema Private PoolPrivate Pool Rooftop TerraceRooftop Terrace Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Wifi IncludedWifi Included Full Western KitchenFull Western Kitchen BathtubBathtub MicrowaveMicrowave TVTV

    Basic Information

    Date Listed Aug 19, 2024
    Updated 2 months ago
    Property Type Villa (Single Detached)
    Storeys 2
    Location Si Sunthon, Phuket
    Bedrooms 4
    Nearest Landmark Bang Tao Beach -4.4 Km
    Indoor Area 6,695 Sqft
    Price per Sqft $186
    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 7,893 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.

    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
    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 3
    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.
    $192/mo
    Listed By
    Private Owner
    Electricity Price Government Rate
    Water Price Government Rate
    Unit ID U1912859

    Investment Opportunity: Charges & Yield

    Sale Price
    $1,240,000
    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.
    $192/mo
    Rent
    $10,400/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.
    10
    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.
    10%

    Project Details

    Project Name: The Menara Hills
    Developer: ITL Property
    Construction: Off Plan (Jan 2025)
    Units: 23
    Project Area: 206,667 Sqft
    Nearest Landmark Bang Tao Beach - 4.4 Km
    Location: Si Sunthon, Phuket
    The Menara Hills Project Details

    Project Features

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

    Available Units at The Menara Hills

    For Sale 17 For Rent 3
    • All
    • 3 Beds
    • 4 Beds
    • 5 Beds
    Available Units at The Menara Hills
    $1,040,000
    $203/Sqft
    Beds 5 Beds
    Baths 5 Baths
    Size 5,091 Sqft Size
    Plot Size 5,899 Sqft Plot Size
    Fully Furnished Mountain View
    Available Units at The Menara Hills
    $739,000
    $212/Sqft
    Beds 3 Beds
    Baths 4 Baths
    Size 3,488 Sqft Size
    Plot Size 5,759 Sqft Plot Size
    Fully Furnished Pool View
    Updated 1 month ago
    Available Units at The Menara Hills
    $854,000$1,180,000
    $198/Sqft
    Beds 3 Beds
    Baths 4 Baths
    Size 4,306 Sqft Size
    Plot Size 6,028 Sqft Plot Size
    Unfurnished Pool View
    Available Units at The Menara Hills
    $1,180,000
    $170/Sqft
    Beds 5 Beds
    Baths 5 Baths
    Size 6,953 Sqft Size
    Plot Size 6,405 Sqft Plot Size
    Pool View
    Available Units at The Menara Hills
    $1,480,000
    $209/Sqft
    Beds 6 Beds
    Baths 5 Baths
    Size 7,072 Sqft Size
    Plot Size 6,426 Sqft Plot Size
    Fully Furnished Mountain View
    Available Units at The Menara Hills
    $739,000
    $170/Sqft
    Beds 3 Beds
    Baths 4 Baths
    Size 4,338 Sqft Size
    Plot Size 4,381 Sqft Plot Size
    Fully Furnished Pool View
    Available Units at The Menara Hills
    $739,000
    $212/Sqft
    Beds 3 Beds
    Baths 4 Baths
    Size 3,488 Sqft Size
    Plot Size 5,759 Sqft Plot Size
    Fully Furnished Pool View
    Available Units at The Menara Hills
    $887,000
    $180/Sqft
    Beds 3 Beds
    Baths 4 Baths
    Size 4,919 Sqft Size
    Plot Size 7,890 Sqft Plot Size
    Unfurnished Pool View
    Available Units at The Menara Hills
    $813,000$1,120,000
    $189/Sqft
    Beds 4 Beds
    Baths 5 Baths
    Size 4,306 Sqft Size
    Plot Size 3,571 Sqft Plot Size
    Pool View
    Available Units at The Menara Hills
    $1,040,000
    $240/Sqft
    Beds 3 Beds
    Baths 4 Baths
    Size 4,306 Sqft Size
    Plot Size 6,975 Sqft Plot Size
    Unfurnished Pool View
    Available Units at The Menara Hills
    $1,630,000
    $378/Sqft
    Beds 3 Beds
    Baths 3 Baths
    Size 4,306 Sqft Size
    Plot Size 6,975 Sqft Plot Size
    Unfurnished Pool View
    Available Units at The Menara Hills
    $1,510,000
    $152/Sqft
    Beds 5 Beds
    Baths 5 Baths
    Size 9,935 Sqft Size
    Plot Size 7,474 Sqft Plot Size
    Pool View
    Available Units at The Menara Hills
    $828,000$1,380,000
    $192/Sqft
    Beds 4 Beds
    Baths 5 Baths
    Size 4,306 Sqft Size
    Plot Size 3,691 Sqft Plot Size
    Pool View
    Available Units at The Menara Hills
    $873,000$1,510,000
    $180/Sqft
    Beds 4 Beds
    Baths 5 Baths
    Size 4,844 Sqft Size
    Plot Size 5,425 Sqft Plot Size
    Pool View
    Available Units at The Menara Hills
    $887,000$1,780,000
    $183/Sqft
    Beds 4 Beds
    Baths 5 Baths
    Size 4,844 Sqft Size
    Plot Size 5,640 Sqft Plot Size
    Pool View
    Available Units at The Menara Hills
    $737,000
    $170/Sqft
    Beds 3 Beds
    Baths 4 Baths
    Size 4,338 Sqft Size
    Plot Size 4,381 Sqft Plot Size
    Fully Furnished Pool View
    Updated 2 months ago
    Available Units at The Menara Hills
    $1,240,000
    $186/Sqft
    Beds 4 Beds
    Baths 6 Baths
    Size 6,695 Sqft Size
    Plot Size 7,893 Sqft Plot Size
    Fully Furnished Pool View
    Get notified when new homes are being added to The Menara Hills
    View All (17)

    Loan Calculator

    Frequently Asked Questions

    Dogs, cats and small pets like rabbits, hamsters and guinea pigs are allowed at The Menara Hills.
    The common area maintenance fee for properties at The Menara Hills is a fixed amount of $192. This amount has to be paid by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
    For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At The Menara Hills the required payment for the sinking fund is a fixed amount of $1,920.
    Bang Tao Beach is the nearest Beach from The Menara Hills and it is 4.4 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

    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

    After you have found the right property at The Menara Hills you have to follow these steps:

     

    • - Unit selection and agreement of terms and conditions
    • - Reservation Agreement
    • - Reservation Deposit
    • - Sales and Purchase Agreement
    • - 1st Contract Payment
    • - Payment Installments
    • - Snag List
    • - Transfer

    Off Plan (12 Month)
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    1%
    1st Installment
    Within 30 days of reservation deposit payment
    29%
    2nd Installment
    Upon Completion of Pilings & Foundation
    15%
    3rd Installment
    Upon Completion of Main Structure
    15%
    4th Installment
    Upon Completion of Roof, Walls & Partitions
    15%
    5th Installment
    Upon Completion of Floors Tiles and Walls Tiles
    10%
    6th Installment
    Delivery of the house ready for Occupancy
    10%
    7th Installment
    Within 30 days after, the developer notifies the date of registration of transfer of ownership
    5%
    Finished House
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    2%
    1st Installment
    Upon contract signing
    48%
    2nd Installment
    On handover
    50%

    Read more here

     

    Reviews

    5 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Convenient, near Phuket International Airport
    Harris Biddle, United Kingdom, 3 years ago
    We chose to stay in this place because of the project’s design in a modern Moroccan style. Once we got there, we were impressed and loved it so much. The private pool has the correct size. Amazing! The bedroom and living room are clean and quite spacious. Good surrounding atmosphere by lots of trees, there is a security service and 2 parking lots. The staff is also friendly. The villa is located not far from Bangtao and Layan beaches, also easy to drive to Phuket International Airport within 25-30 minutes. I would recommend it for anyone who loves a private pool villa, convenient, comfortable, and affordable.
    Phuket
    Si Sunthon

    Neighborhood Overview

    Location and Neighborhood

    Street View

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