Unit ID: U18725
14% Rental Yield
Choeng Thale, Thalang,Phuket
฿25,000,000
2 Bedrooms
2
Bathrooms
207 SqM
Size
3
Floor
Dec 2016
Completed

About This Condo

This property is a 207 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Choeng Thale, Phuket and was completed in Dec 2016. You can buy this condo for a base price of ฿25,000,000 (฿120,773/SqM).

Your Paradise in The Residences Overlooking Layan

Welcome to The Residences Overlooking Layan, a project that consists of luxury condominiums with stunning views of Layan Beach. This particular condominium is 207 SqM with 2 bedrooms and 2 bathrooms and proudly displays a stunning finish that all leads up to the stunning view of Layan Beach.Completed in December of 2016, this condo has been outfitted with impeccable tasteful and ample space, giving you a sense of comfort and tranquility instantly upon entering. Step into the living room and be enchanted as you take in the main attraction of the condo – the view of Layan Beach. The room also comes with a custom designed sofa and other pieces of furniture to complete the overall look and feel of this exquisite condo.The two bedrooms also come with balconies, giving you a spectacular view of Layan Beach from the comfort of the bedroom. The split AC units will provide you with cool and comfortable area for a good night's sleep. The entire condo is kitted with custom built-in wardrobes to store all of your items neatly and stylishly.Bonus to this gorgeous condo is the 2 bathrooms, tiled with custom designs that are both captivating and trendy. You will enjoy hot/cold showers in one and relaxing bubble baths in the other.Coming at a base price of ฿24,000,000 (฿115,942/SqM), this 2 bedroom and 2 bathroom condo is definitely a steal. It is a unique and beautiful combination of comfort, luxury and a spectacular view of Layan Beach. Come join us in the The Residences Overlooking Layan and make this your own paradise.

Features

Private PoolPrivate Pool TerraceTerrace

Basic Information

Date Listed Oct 25, 2022
Updated 1 year ago
Property Type Condo
Floor 3
Bedrooms 2
Size 207 SqM
Price per SqM ฿120,773
Pets Not Allowed
Condo Ownership

Foreign nationals can own condominium units as freehold owners in buildings where no more than 49% of the unit floor space is owned by foreigners. Units that are part of the Thai quota or are being leased for 30 years can be converted to the foreign freehold quota if it is currently below 49%.

Leasehold
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
Unit Type 2BR
Building 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.
฿9,729/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U18725

Investment Opportunity: Charges & Yield

Sale Price
฿25,000,000
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.
฿9,729/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.
7
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 2 bedroom condos at The Residences Overlooking Layan, and the current sales price.
14%

Project Details

Construction: Completed (Dec 2016)
Floors: 3
Buildings: 1
Units: 18
Project Area: N/A
Nearest Landmark Layan Beach - 1.1 Km
Location: Choeng Thale, Phuket
The Residences Overlooking Layan Project Details

Project Features

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

Available Units at The Residences Overlooking Layan

For Sale 10 For Rent 8
Get notified when new homes are being added to The Residences Overlooking Layan
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Frequently Asked Questions

No pets are allowed at The Residences Overlooking Layan unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
The common area maintenance fee is ฿47 per square meter based on the size of indoor area of the property and is ฿9,729 for this condo. This fee 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 Residences Overlooking Layan and it is 1.1 km away.

Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.

In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name.  The ownership titles of these 49 units is referred to as Freehold or Foreign Quota. 

This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.

 

Read more here

After you have found the right property at The Residences 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

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

4.5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Villa with splendid view
Hannah H., Germany, 6 years ago
I made the right decision to choose this villa. The decorations here are quite luxurious. More importantly, the price is reasonable here compared with other projects nearby. Since the villa is large, it allows me to customize the villa as I wish, and so far, the house is exactly what I want! The highlight of this villa is its balcony, especially when it's sunset. The surrounding atmosphere is just exceptional. As there are small numbers of units, the villa is private. Most of the time, I like to spend time in the villas and chill by the pool. I want to cook for myself because I'm a vegan. For those who want to go out for food, it's not difficult. You can drive less than 10 mins to the laguna area. There are many restaurants, bars, and cafes. Also, this place is not far from the airport. You can drive within 20 minutes only. The project's security guard takes care of us 24 hours a day, so you don't have to worry about safety. It's good for both living and investment. As Phuket is still a touristy place, it might be easy to sell or rent it out.
Phuket
Choeng Thale

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Residences Overlooking Layan

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
Choeng Thale, Thalang, Phuket
Number of units
12
Sales Prices
฿19.8M - ฿34.9M
▲ 18% overpriced
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Location
Choeng Thale, Thalang, Phuket
Number of units
18
Sales Prices
฿34.9M - ฿78.7M
Monthly Rentals
฿189K - ฿598K
Year Built
Dec 2010
Completion Status
Completed
Location
Choeng Thale, Thalang, Phuket
Number of units
4
Sales Prices
฿44.8M - ฿89.7M
Monthly Rentals
฿648K
Year Built
Mar 2023
Completion Status
Completed
Location
Choeng Thale, Thalang, Phuket
Number of units
6
Sales Prices
฿34.5M - ฿59.5M
Monthly Rentals
N/A
Year Built
Mar 2023
Completion Status
Completed
Location
Choeng Thale, Thalang, Phuket
Number of units
40
Sales Prices
฿16.9M - ฿28.4M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Made To Order
Project Name
Cohiba Villas
Location
Choeng Thale, Thalang, Phuket
Number of units
7
Sales Prices
฿57.8M - ฿81.7M
Monthly Rentals
N/A
Year Built
Jun 2025
Completion Status
Made To Order
Location
Choeng Thale, Thalang, Phuket
Number of units
9
Sales Prices
฿28.4M - ฿30.4M
Monthly Rentals
N/A
Year Built
Jun 2023
Completion Status
Completed
Location
Choeng Thale, Thalang, Phuket
Number of units
8
Sales Prices
฿54.8M - ฿87.7M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Project Name
Bamboo Forest
Location
Choeng Thale, Thalang, Phuket
Number of units
135
Sales Prices
฿5.48M - ฿36.4M
Monthly Rentals
N/A
Year Built
Dec 2027
Completion Status
Off Plan
Project Name
ISOLA Phuket
Location
Choeng Thale, Thalang, Phuket
Number of units
12
Sales Prices
฿57.8M
▼ -4% underpriced
Monthly Rentals
N/A
Year Built
Jun 2022
Completion Status
Completed
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