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    4 Bedroom Villa for sale at Botanica Modern Loft
    Si Sunthon, Thalang,Phuket
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    Sale Price
    ฿42,000,000
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    4 Bedroom Villa for sale at Botanica Modern Loft
    (1 Review)
    Unit ID: U1873678
    11% Rental Yield
    Si Sunthon, Thalang,Phuket
    ฿42,000,000
    4 Bedrooms
    6
    Bathrooms
    460 SqM
    Indoor Area
    1
    Storeys
    Jan 2024
    Completed
    27
    Sale Price
    ฿42,000,000

    About This Villa

    This property is a 460 SqM villa with 4 bedrooms and 6 bathrooms that is available for sale. It is part of the project in Si Sunthon, Phuket and was completed in Jan 2024. You can buy this villa for a base price of ฿42,000,000 (฿91,304/SqM) and it is also available for long term rentals starting from ฿400,000 per month.

    4 Bedrooms Villa at Botanica Modern loft I

    Features

    Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Outdoor ShowersOutdoor Showers BathtubBathtub TVTV

    Basic Information

    Date Listed Jun 18, 2024
    Updated 2 weeks ago
    Property Type Villa (Single Detached)
    Storeys 1
    Location Si Sunthon, Phuket
    Bedrooms 4
    Nearest Landmark Bang Tao Beach -3.8 Km
    Indoor Area 460 SqM
    Price per SqM ฿91,304
    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 722 SqM
    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 Chanote
    Construction Completed (Jan 2024)
    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 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.
    ฿18,050/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1873678

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿42,000,000
    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.
    ฿18,050/mo
    Rent
    ฿400,000/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.
    9
    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.
    11%

    Project Details

    Project Name: Botanica Modern Loft
    Developer: Botanica Luxury Phuket Co.,ltd
    Construction: Completed (May 2023)
    Units: 44
    Project Area: 3,203 SqM
    Nearest Landmark Bang Tao Beach - 3.8 Km
    Location: Si Sunthon, Phuket
    Botanica Modern Loft Project Details

    Project Features

    Clubhouse Clubhouse
    24H Security 24H Security
    Reception / Lobby Area Reception / Lobby Area

    Available Units at Botanica Modern Loft

    For Sale 4 For Rent 9
    • All
    • 2 Beds
    • 3 Beds
    • 4 Beds
    Get notified when new homes are being added to Botanica Modern Loft
    View All (4)

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    Frequently Asked Questions

    All kind of pets are allowed at Botanica Modern Loft including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    The common area maintenance fee is ฿25 per square meter based on the plot size of the property and is ฿18,050 for this villa. 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.
    For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At Botanica Modern Loft the required payment for the sinking fund is a fixed amount of ฿100,000.
    Bang Tao Beach is the nearest Beach from Botanica Modern Loft and it is 3.8 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 Botanica Modern Loft you have to follow these steps:

    • - Agreement of terms and conditions
    • - Reservation Agreement
    • - Reservation Deposit
    • - Sales and Purchase Agreement
    • - Settlement & Transfer
    Off-plan Villa
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    2%
    1st Installment
    Sign contact within 30days
    28%
    2nd Installment
    Finished foundation post
    20%
    3rd Installment
    Finished concrete structure and roof structure
    15%
    4th Installment
    Finished wall and roof structure
    15%
    5th Installment
    Finished floor finishing, built-in funiture and paint, window
    10%
    6th Installment
    Transfer of ownership
    10%
    Finished house
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    2%
    1st Installment
    Sign contact within 30days
    48%
    2nd Installment
    Transfer of ownership
    50%


    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

    3.3 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    It is suitable for investment.
    Rashad Benavidez, Italy, 4 years ago
    It is a made-to-order housing project. I think it is suitable for investment because the location is quiet as well and not far from the amenities. It is close to Bang Tao Beach and Layan Beach. In addition, the villa interior is designed to be luxurious, suitable for every lifestyle. There is a large private swimming pool, and the surrounding atmosphere is very natural and peaceful. The project has a staff to help all the time, giving good advice, and the villa is located within 10 minutes from Tesco Lotus (by car).
    Phuket
    Si Sunthon

    Neighborhood Overview

    Location and Neighborhood

    Street View

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