Unit ID: U1900369
8% Rental Yield
Tenant-Occupied until Sep 1, 2025
Chalong, Phuket Town,Phuket
฿12,500,000
3 Bedrooms
2
Bathrooms
290 SqM
Indoor Area
1
Storeys
Completed

About This Villa

This property is a 290 SqM villa with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Chalong, Phuket. You can buy this villa for a base price of ฿12,500,000 (฿43,103/SqM) and it is also available for long term rentals starting from ฿85,000 per month.

Features

Private PoolPrivate Pool Private GardenPrivate Garden Garden AccessGarden Access Covered ParkingCovered Parking Fully RenovatedFully Renovated (2024) Washing MachineWashing Machine TVTV Pool Cleaning IncludedPool Cleaning Included

Basic Information

Date Listed Jul 25, 2024
Updated 2 months ago
Property Type Villa (Single Detached)
Storeys 1
Location Chalong, Phuket
Bedrooms 3
Nearest Landmark Phuket Zoo -0.7 Km
Indoor Area 290 SqM
Price per SqM ฿43,103
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 N/A
Pets All Kind of Pets Allowed
Villa Ownership

Foreign nationals can own the building (villa) 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 N/A
Construction Completed
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) Pool View, 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 U1900369

Investment Opportunity: Charges & Yield

Sale Price
฿12,500,000
Rent
฿85,000/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.
12
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.
8%

Project Details

Project Name: Chao Fah Garden Home
Developer: Winpro Property
Construction: Completed (Jul 2008)
Units: 566
Project Area: N/A
Nearest Landmark Phuket Zoo - 0.7 Km
Location: Chalong, Phuket
Chao Fah Garden Home Project Details

Project Features

24H Security 24H Security
Communal Garden Area Communal Garden Area

Available Units at Chao Fah Garden Home

For Sale 2 For Rent 1
Get notified when new homes are being added to Chao Fah Garden Home
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Frequently Asked Questions

All kind of pets are allowed at Chao Fah Garden Home including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Phuket Zoo is the nearest Tourist Attraction from Chao Fah Garden Home and it is 0.7 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 Chao Fah Garden Home 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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Chalong

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Chao Fah Garden Home

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
Suriyaporn Place
Location
Chalong, Phuket Town, Phuket
Number of units
143
Sales Prices
฿6.02M - ฿12M
▼ -46% underpriced
Monthly Rentals
N/A
Year Built
Jan 2017
Completion Status
Completed
Location
Chalong, Phuket Town, Phuket
Number of units
96
Sales Prices
฿7.93M
Monthly Rentals
฿80.4K
Year Built
Dec 2024
Completion Status
Completed
Location
Chalong, Phuket Town, Phuket
Number of units
N/A
Sales Prices
฿6.94M
Monthly Rentals
N/A
Year Built
Aug 2023
Completion Status
Completed
Location
Chalong, Phuket Town, Phuket
Number of units
111
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฿4.92M
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N/A
Year Built
Jan 2012
Completion Status
Completed
Location
Chalong, Phuket Town, Phuket
Number of units
N/A
Sales Prices
฿4.78M
Monthly Rentals
฿30.2K - ฿60.3K
Year Built
May 2023
Completion Status
Completed
Project Name
Chaofah KT Nabon
Location
Chalong, Phuket Town, Phuket
Number of units
N/A
Sales Prices
฿3.11M - ฿12M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Location
Chalong, Phuket Town, Phuket
Number of units
398
Sales Prices
฿2.6M - ฿8.94M
Monthly Rentals
N/A
Year Built
Dec 2026
Completion Status
Off Plan
Project Name
The 8 Pool Villa
Location
Chalong, Phuket Town, Phuket
Number of units
80
Sales Prices
฿7.83M - ฿15.7M
▲ 4% overpriced
Monthly Rentals
฿60.3K - ฿80.4K
Year Built
Aug 2021
Completion Status
Completed
Location
Chalong, Phuket Town, Phuket
Number of units
20
Sales Prices
฿11.1M - ฿12.5M
Monthly Rentals
฿101K
Year Built
Aug 2025
Completion Status
Off Plan
Location
Chalong, Phuket Town, Phuket
Number of units
N/A
Sales Prices
฿6.53M - ฿9.25M
Monthly Rentals
฿77.4K
Year Built
Feb 2022
Completion Status
Completed
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