Unit ID: U1744310
6% Rental Yield
Ko Kaeo, Phuket Town,Phuket
฿15,000,000
3 Bedrooms
4
Bathrooms
260 SqM
Indoor Area
2
Storeys
Apr 2017
Completed

About This House

This property is a 260 SqM house with 3 bedrooms and 4 bathrooms that is available for sale. It is part of the project in Ko Kaeo, Phuket and was completed in Apr 2017. You can buy this house for a base price of ฿15,000,000 (฿57,692/SqM).

3Bedroom House for sale at 88 Land and House Koh Kaew Phuket

Corner unit with big garden area, fully renovated house for sale.

Features

Private GardenPrivate Garden Garden AccessGarden Access Covered ParkingCovered Parking Corner UnitCorner Unit BalconyBalcony Full Western KitchenFull Western Kitchen Fully RenovatedFully Renovated (2024) Renovated KitchenRenovated Kitchen (2024) Renovated BathroomRenovated Bathroom (2024)

Basic Information

Date Listed Feb 26, 2024
Updated 8 months ago
Property Type House
Storeys 2
Location Ko Kaeo, Phuket
Bedrooms 3
Nearest Landmark Robinson Lifestyle Thalang Phuket -2.8 Km
Indoor Area 260 SqM
Price per SqM ฿57,692
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
216 SqM
Plot Size 476 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
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 (Apr 2017)
Furniture
Unfurnished
View(s) Mountain View, Park View, City View, Garden View, Unblocked Open 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.
฿5,900/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1744310

Investment Opportunity: Charges & Yield

Sale Price
฿15,000,000
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.
฿5,900/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.
16
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 houses at 88 Land and House Koh Kaew Phuket, and the current sales price.
6%

Project Details

Developer: Land and Houses
Construction: Completed (Mar 2020)
Units: 140
Project Area: N/A
Nearest Landmark Robinson Lifestyle Thalang Phuket - 2.8 Km
Location: Ko Kaeo, Phuket
88 Land and House Koh Kaew Phuket Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
Car Parking Car Parking
Kids Pool Kids Pool
Communal Garden Area Communal Garden Area

Available Units at 88 Land and House Koh Kaew Phuket

For Sale 3 For Rent 4
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Frequently Asked Questions

Robinson Lifestyle Thalang Phuket is the nearest Shopping Mall from 88 Land and House Koh Kaew Phuket and it is 2.8 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 88 Land and House Koh Kaew Phuket 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
Ko Kaeo

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby 88 Land and House Koh Kaew Phuket

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
Ko Kaeo, Phuket Town, Phuket
Number of units
128
Sales Prices
฿5.49M - ฿7.99M
Monthly Rentals
฿45K - ฿120K
Year Built
Jun 2019
Completion Status
Completed
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
462
Sales Prices
฿5.59M - ฿17.5M
Monthly Rentals
฿43K - ฿130K
Year Built
N/A
Completion Status
Completed
Project Name
Passorn Koh Kaew
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
161
Sales Prices
฿7.5M - ฿8.5M
▼ -14% underpriced
Monthly Rentals
฿45K - ฿85K
Year Built
Apr 2017
Completion Status
Completed
Project Name
The Oasis Phuket
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
6
Sales Prices
฿25M
Monthly Rentals
N/A
Year Built
Jan 2007
Completion Status
Completed
Project Name
Villa Orchid
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
4
Sales Prices
฿16M - ฿18.9M
Monthly Rentals
฿70K - ฿120K
Year Built
Jan 2008
Completion Status
Completed
Project Name
The Lantern
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
16
Sales Prices
฿18.5M
▼ -42% underpriced
Monthly Rentals
฿65K - ฿150K
Year Built
Jun 2008
Completion Status
Completed
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
N/A
Sales Prices
฿15.8M
Monthly Rentals
฿28K - ฿30K
Year Built
Jan 2020
Completion Status
Completed
Project Name
Habitown Kohkaew
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
228
Sales Prices
฿3.19M - ฿5.79M
Monthly Rentals
฿22K - ฿40K
Year Built
Nov 2014
Completion Status
Completed
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
1005
Sales Prices
฿2.72M - ฿15.8M
Monthly Rentals
฿20K - ฿48K
Year Built
Dec 2010
Completion Status
Completed
Location
Si Sunthon, Phuket Town, Phuket
Number of units
66
Sales Prices
฿3.19M
Monthly Rentals
฿45K - ฿66K
Year Built
Jan 2010
Completion Status
Completed
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