Unit ID: U1828910
12% Rental Yield
Thep Krasattri, Thalang,Phuket
฿5,300,000
2 Bedrooms
3
Bathrooms
108 SqM
Indoor Area
2
Storeys
Jan 2018
Completed

About This House

This property is a 108 SqM house with 2 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Thep Krasattri, Phuket and was completed in Jan 2018. You can buy this house for a base price of ฿5,300,000 (฿49,074/SqM) and it is also available for long term rentals starting from ฿55,000 per month.

Features

TerraceTerrace Covered ParkingCovered Parking BalconyBalcony MicrowaveMicrowave TVTV

Basic Information

Date Listed May 10, 2024
Updated 49 minutes ago
Property Type House (Single Detached)
Storeys 2
Location Thep Krasattri, Phuket
Bedrooms 2
Nearest Landmark Layan Beach -3.4 Km
Indoor Area 108 SqM
Price per SqM ฿49,074
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 88 SqM
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, Company
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, Company
Land Title Deed Chanote
Construction Completed (Jan 2018)
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) Garden View
Unit Type N/A
Parking Spots 1
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 U1828910

Investment Opportunity: Charges & Yield

Sale Price
฿5,300,000
Rent
฿55,000/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.
8
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.
12%

Project Details

Project Name: East Bangtao Ville
Developer: N/A
Construction: Completed (Jan 2018)
Units: 59
Project Area: 8,838 SqM
Nearest Landmark Layan Beach - 3.4 Km
Location: Thep Krasattri, Phuket
East Bangtao Ville Project Details

Project Features

Communal Pool Communal Pool
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)

Available Units at East Bangtao Ville

For Sale 2 For Rent 27
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Frequently Asked Questions

All kind of pets are allowed at East Bangtao Ville including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Layan Beach is the nearest Beach from East Bangtao Ville and it is 3.4 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

After you have found the right property at East Bangtao Ville 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

3.6 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Overpriced and old looking
Dean S, Former Resident, 4 months ago
The townhouses are run down and filled with cheap worn furniture. It seemed like 3/4 of the residents there were transient Russians as a good deal of them seemed to disappear after only a few months. The ones that didn't disappear seemed to be running some kind of business out of their townhouse. The security might as well be forgotten about as 90% of the time the entrance gate was left open and a good deal of the time at night the guards would be asleep in the security hut. Around 11 months into my lease the landlord told me the rent would be raising by approximately 35% and that he had already been advertising the place as available. I decided to move out and obviously plenty of others did too. At time of writing there are some 24 units available for rent at this tired looking Moo baan. I was never given a condition report when I moved in and when I moved out 12 months later the landlord did everything, he could to keep my security deposit. 10 Months later the landlord still has 48,000 baht of my money. Safety: The area around the Moo baan is unwalkable at night due to roaming soi dogs.
I've been staying here for 2 years.
Oleg H., United States, 2 years ago
This project was recently completed, and the surrounding area is serene, with a wide road, a nice swimming pool, and a security system always on duty. The house I've been renting is a two-story townhouse, but you must be careful when selecting a house because some units have cracks. Fortunately, my house does not have cracks. My house is surrounded by a fence, with one parking space and various plants that decorate it nicely. The interior space is open and airy, with a living room and a fully equipped kitchen. The house has three bedrooms and bathrooms. The master bedroom has a balcony with a view of the breathtaking scenery. The rental fee, on the other hand, is reasonable. It is close to Layan Beach, which can be reached in about 10 minutes.
Phuket
Thep Krasattri

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby East Bangtao Ville

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Year Built
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Project Name
Location
Number of units
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Location
Thep Krasattri, Thalang, Phuket
Number of units
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Sales Prices
฿30M - ฿40.4M
Monthly Rentals
N/A
Year Built
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Completion Status
Off Plan
Location
Thep Krasattri, Thalang, Phuket
Number of units
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Sales Prices
฿26M - ฿26.5M
▼ -3% underpriced
Monthly Rentals
N/A
Year Built
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Completion Status
Completed
Location
Thep Krasattri, Thalang, Phuket
Number of units
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฿40K - ฿140K
Year Built
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Completion Status
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฿20.5M - ฿25.9M
Monthly Rentals
฿180K - ฿250K
Year Built
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Completion Status
Completed
Location
Thep Krasattri, Thalang, Phuket
Number of units
28
Sales Prices
฿26.2M - ฿26.5M
Monthly Rentals
N/A
Year Built
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Completion Status
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Location
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Number of units
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฿34.1M - ฿68.3M
Monthly Rentals
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Year Built
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Completion Status
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Project Name
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Location
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Number of units
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Sales Prices
฿23.5M - ฿34.7M
Monthly Rentals
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Year Built
Jan 2023
Completion Status
Completed
Location
Thep Krasattri, Thalang, Phuket
Number of units
16
Sales Prices
฿26.8M - ฿30.8M
Monthly Rentals
N/A
Year Built
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Completion Status
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Location
Thep Krasattri, Thalang, Phuket
Number of units
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Sales Prices
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Completion Status
Made To Order
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