Unit ID: U1630086
5% Rental Yield
Tenant-Occupied until Apr 1, 2025
Ratsada, Phuket Town,Phuket
$477,000
5 Bedrooms
3
Bathrooms
5,382 Sqft
Indoor Area
2
Storeys
Completed

About This House

This property is a 5,382 Sqft house with 5 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Ratsada, Phuket. You can buy this house for a base price of $477,000 ($89/Sqft) and it is also available for long term rentals starting from $2,170 per month.

5-bedroom fully furnished detached house in Phuket centre

5 Bedroom House in Top Land Ratsada on the big land plot of 135 SQW (540 SQM.) Inside the house is completed with built-in furnitures from living room, kitchen and all bedrooms. (1 room is decorated as prayer room). Private pool and be built with still space for garden. The project is peacful and big roads.

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Wifi IncludedWifi Included Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Date Listed Jul 4, 2023
Updated 5 months ago
Property Type House (Single Detached)
Storeys 2
Location Ratsada, Phuket
Bedrooms 5
Nearest Landmark Phuket Provincial Hospital -1.7 Km
Indoor Area 5,382 Sqft
Price per Sqft $89
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 5,813 Sqft
Pets All Kind of Pets Allowed
House Ownership

Foreign nationals can own the building (house) 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
Furniture
Unfurnished
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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1630086

Investment Opportunity: Charges & Yield

Sale Price
$477,000
Rent
$2,170/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.
18
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.
5%

Project Details

Project Name: Top Land Ratsada Village
Developer: N/A
Construction: Completed (Dec 2012)
Units: 190
Project Area: N/A
Nearest Landmark Phuket Provincial Hospital - 1.7 Km
Location: Ratsada, Phuket
Top Land Ratsada Village Project Details

Project Features

Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Communal Garden Area Communal Garden Area

Available Units at Top Land Ratsada Village

For Sale 8 For Rent 3
Get notified when new homes are being added to Top Land Ratsada Village
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Frequently Asked Questions

All kind of pets are allowed at Top Land Ratsada Village including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Phuket Provincial Hospital is the nearest Hospital from Top Land Ratsada Village and it is 1.7 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 Top Land Ratsada Village 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

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Top Land Ratsada Village

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Location
Ratsada, Phuket Town, Phuket
Number of units
504
Sales Prices
$73.66K - $74.82K
Monthly Rentals
N/A
Year Built
Aug 2009
Completion Status
Completed
Project Name
Nimman Phuket
Location
Ratsada, Phuket Town, Phuket
Number of units
19
Sales Prices
$459.31K - $852.18K
Monthly Rentals
$3.47K - $7.22K
Year Built
Jan 2023
Completion Status
Completed
Project Name
Grand Boat Plaza
Location
Ratsada, Phuket Town, Phuket
Number of units
60
Sales Prices
$227.63K - $254.21K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Project Name
Siwalee Rasada
Location
Ratsada, Phuket Town, Phuket
Number of units
250
Sales Prices
$505.53K - $1.11M
Monthly Rentals
$1.01K - $1.73K
Year Built
Dec 2020
Completion Status
Completed
Location
Ratsada, Phuket Town, Phuket
Number of units
693
Sales Prices
$144.15K
Monthly Rentals
N/A
Year Built
Jun 2012
Completion Status
Completed
Project Name
Dusit Buri
Location
Ratsada, Phuket Town, Phuket
Number of units
200
Sales Prices
$71.93K
Monthly Rentals
N/A
Year Built
May 2011
Completion Status
Completed
Project Name
The Base Uptown
Location
Ratsada, Phuket Town, Phuket
Number of units
387
Sales Prices
$69.91K - $170.44K
▼ -13% underpriced
Monthly Rentals
$433 - $722
Year Built
Jul 2014
Completion Status
Completed
Location
Ratsada, Phuket Town, Phuket
Number of units
420
Sales Prices
$86.37K - $96.77K
Monthly Rentals
N/A
Year Built
Oct 2012
Completion Status
Completed
Project Name
The First Phuket
Location
Ratsada, Phuket Town, Phuket
Number of units
69
Sales Prices
$461.91K
Monthly Rentals
$953 - $4.33K
Year Built
Oct 2018
Completion Status
Completed
Project Name
Phuket Villa 1
Location
Talat Yai, Phuket Town, Phuket
Number of units
N/A
Sales Prices
$83.77K - $95.04K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
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