Unit ID: U1938312
25% Rental Yield
Wichit, Phuket Town,Phuket
฿2,990,000
3 Bedrooms
2
Bathrooms
160 SqM
Indoor Area
2
Storeys
Apr 2017
Completed

About This Townhouse

This property is a 160 SqM townhouse with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Wichit, Phuket and was completed in Apr 2017. You can buy this townhouse for a base price of ฿2,990,000 (฿18,688/SqM).

Basic Information

Date Listed Sep 23, 2024
Updated 1 month ago
Property Type Townhouse
Storeys 2
Location Wichit, Phuket
Bedrooms 3
Nearest Landmark Wat Chalong -3 Km
Indoor Area 160 SqM
Price per SqM ฿18,688
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
40 SqM
Plot Size 18 SqM
Pets All Kind of Pets Allowed
Townhouse Ownership

Foreign nationals can own the building (townhouse) in their own name, but not the land that it stands on.

Foreign 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 (Apr 2017)
Furniture
Unfurnished
View(s) N/A
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 U1938312

Investment Opportunity: Charges & Yield

Sale Price
฿2,990,000
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.
4
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 townhouses at Tarn Tong Villa, and the current sales price.
25%

Project Details

Project Name: Tarn Tong Villa
Developer: N/A
Construction: Completed (Dec 2009)
Units: 489
Project Area: N/A
Nearest Landmark Wat Chalong - 3 Km
Location: Wichit, Phuket
Tarn Tong Villa Project Details

Project Features

24H Security 24H Security
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking

Available Units at Tarn Tong Villa

For Sale 5 For Rent 3
Get notified when new homes are being added to Tarn Tong Villa
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Frequently Asked Questions

All kind of pets are allowed at Tarn Tong Villa including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Wat Chalong is the nearest Temple from Tarn Tong Villa and it is 3 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 Tarn Tong Villa 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

3.5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Good location
Tida R., Thailand, 6 years ago
I've been renting this single house for five years which has 3 bedrooms in a 2-story home. I relocated to Phuket from other regions to work. The community is in a fantastic location, surrounded by conveniences, close to Tesco Lotus Chao Fa and Wat Thep Nimit Market, where you can find both fresh, ready-to-eat meals, a wide variety of fresh fruits and vegetables at a low price. Rawai or Kathu are both easily accessible. There are several restaurants, and I enjoy my time here. Despite the village's age, the houses are in good condition with completed furniture. Most of the neighbors are Thai people. My only problem is that some of my neighbors park their cars in front of the house, which blocks the entry and exit. It's quite inconvenient.
Phuket
Wichit

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Tarn Tong Villa

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
Project Name
Than Thong Villa
Location
Wichit, Phuket Town, Phuket
Number of units
489
Sales Prices
฿3.5M - ฿3.8M
Monthly Rentals
฿35K
Year Built
Jan 2000
Completion Status
Completed
Project Name
Phuket Villa 3
Location
Wichit, Phuket Town, Phuket
Number of units
248
Sales Prices
฿5.3M - ฿6.89M
Monthly Rentals
฿27.5K
Year Built
Jan 1998
Completion Status
Completed
Location
Wichit, Phuket Town, Phuket
Number of units
878
Sales Prices
฿2.49M - ฿3.29M
Monthly Rentals
฿20K - ฿55K
Year Built
Aug 1998
Completion Status
Completed
Location
Wichit, Phuket Town, Phuket
Number of units
150
Sales Prices
฿3.99M
Monthly Rentals
฿25K - ฿70K
Year Built
Jun 2015
Completion Status
Completed
Project Name
Baan Tiwarathanee
Location
Wichit, Phuket Town, Phuket
Number of units
92
Sales Prices
฿2.75M
Monthly Rentals
N/A
Year Built
Nov 2005
Completion Status
Completed
Project Name
Baan Prangthong
Location
Wichit, Phuket Town, Phuket
Number of units
84
Sales Prices
฿8.9M - ฿10M
▲ 4% overpriced
Monthly Rentals
฿35K - ฿120K
Year Built
Jan 2007
Completion Status
Completed
Location
Wichit, Phuket Town, Phuket
Number of units
572
Sales Prices
฿2.7M - ฿9M
Monthly Rentals
฿20K
Year Built
Oct 2015
Completion Status
Completed
Location
Wichit, Phuket Town, Phuket
Number of units
212
Sales Prices
฿5.3M
Monthly Rentals
฿37K
Year Built
Sep 2020
Completion Status
Completed
Location
Chalong, Phuket Town, Phuket
Number of units
111
Sales Prices
฿4.89M
Monthly Rentals
N/A
Year Built
Jan 2012
Completion Status
Completed
Location
Wichit, Phuket Town, Phuket
Number of units
179
Sales Prices
฿2.99M
Monthly Rentals
N/A
Year Built
Jul 2008
Completion Status
Completed
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