Unit ID: U18721
10% Rental Yield
Choeng Thale, Thalang,Phuket
฿27,000,000
3 Bedrooms
2
Bathrooms
240 SqM
Size
2
Floor
Dec 2016
Completed

About This Condo

This property is a 240 SqM condo with 3 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 ฿27,000,000 (฿112,500/SqM).

Live the Layan Lifestyle: Seize the Day in Phuket's Premier Indian Ocean Residence!

Welcome to your very own piece of paradise in Choeng Thale, Phuket! Brought to you by the creators of The Residences Overlooking Layan, a modern and well-appointed project nestled in the geographical apex of one of Thailand's premier tourist attractions, this 240 SqM condominium is a prime example of contemporary comfort in an idyllic locale. Desirable amenities such as three bedrooms and two bathrooms are found in the unit, while necessary staples like state-of-the-art furnishings, fixtures and fittings, and cosmopolitan creature comforts guarantee a lifestyle of Mediterranean magnificence. In other words, it's the perfect spot to settle down with friends or family and unwind in nautical-chic opulence.The residence is situated right at the heart of Layan Bay, where the raw natural beauty of this part of Phuket is instantly beguiling. A foundation of modern construction techniques and craftsmanship ensure that the property is solid and efficient. Sensational views overlooking the tropical waters and lush foliage can be admired each and every morning, no matter the season. Whether you're hoping for a rental income or intend to make it a permanent residence, this condo will bring you only satisfaction and contentment.The Residences Overlooking Layan project was recently completed in December 2016 and is now ready for those who are looking for a slice of the Phuket experience. For the price of ฿26,000,000 (฿108,333/SqM), one can enjoy a residence that allows them to get away from it all, take in the salty air, and maybe even pick up or rekindle a love of sailing, cycling, and other such outdoor activities. Come take a look and negotiate with us to secure this highly sought-after property today!

Features

Private PoolPrivate Pool TerraceTerrace

Basic Information

Date Listed Sep 13, 2022
Updated 1 year ago
Property Type Condo
Floor 2
Bedrooms 3
Size 240 SqM
Price per SqM ฿112,500
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
Unfurnished
View(s) Sea View
Unit Type 3BR
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.
฿11,280/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U18721

Investment Opportunity: Charges & Yield

Sale Price
฿27,000,000
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.
฿11,280/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 based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 3 bedroom condos at The Residences Overlooking Layan, and the current sales price.
10%

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
View All (10)

Loan Calculator

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 ฿11,280 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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