Unit ID: U1160760
8% Rental Yield
Choeng Thale, Thalang,Phuket
฿57,000,000
4 Bedrooms
4.5
Bathrooms
550 SqM
Indoor Area
3
Storeys
Dec 2010
Completed

About This Villa

This property is a 550 SqM villa with 4 bedrooms and 4.5 bathrooms that is available for sale. It is part of the The Villas Overlooking Layan project in Choeng Thale, Phuket and was completed in Dec 2010. You can buy this villa for a base price of ฿57,000,000 (฿103,636/SqM).

4 Bedroom Villa for Sale

Beautifull Ocean-view, private infinity pool 12*4 m, 4 bedrooms/4.5 bathrooms, 800 sq.m. luxury villa with the elevator. 3 levels. Cozy and bright. Comfortable for 4-7 guests.

Features

Private LiftPrivate Lift Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Full Western KitchenFull Western Kitchen BathtubBathtub MicrowaveMicrowave OvenOven TVTV

Basic Information

Date Listed Oct 5, 2022
Updated 2 months ago
Property Type Villa (Single Detached)
Storeys 3
Location Choeng Thale, Phuket
Bedrooms 4
Nearest Landmark Layan Beach -1 Km
Indoor Area 550 SqM
Price per SqM ฿103,636
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 1,000 SqM
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.

Leasehold
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.

Leasehold
Land Title Deed Nor Sor 3
Construction Completed (Dec 2010)
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) Sea View, Mountain View, Pool View, Garden View, Unblocked Open 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.
฿17,500/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1160760

Investment Opportunity: Charges & Yield

Sale Price
฿57,000,000
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.
฿17,500/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 The Villas Overlooking Layan, and the current sales price.
8%

Project Details

Construction: Completed (Dec 2010)
Units: 18
Project Area: N/A
Nearest Landmark Layan Beach - 1 Km
Location: Choeng Thale, Phuket
The Villas Overlooking Layan 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 The Villas Overlooking Layan

For Sale 5 For Rent 3
Get notified when new homes are being added to The Villas Overlooking Layan
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Frequently Asked Questions

All kind of pets are allowed at The Villas Overlooking Layan including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee for properties at The Villas Overlooking Layan is a fixed amount of ฿17,500. 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.
Layan Beach is the nearest Beach from The Villas Overlooking Layan and it is 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 The Villas Overlooking Layan 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

Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Neighborhood Overview

Location and Neighborhood

Street View

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Location
Choeng Thale, Thalang, Phuket
Number of units
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฿16.6M - ฿34.6M
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