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    3 Bedroom House for sale at Baan Prangthong
    Wichit, Phuket Town,Phuket
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    Sale Price
    ฿9,337,269 ฿13,072,176
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    3 Bedroom House for sale at Baan Prangthong
    (2 Reviews)
    Unit ID: U776178
    4% Rental Yield
    Wichit, Phuket Town,Phuket
    ฿9,337,269 ฿13,072,176
    3 Bedrooms
    3
    Bathrooms
    225 SqM
    Indoor Area
    2
    Storeys
    Jan 2007
    Completed
    22
    Sale Price
    ฿9,337,269
    ฿13,072,176

    About This House

    This property is a 225 SqM house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Wichit, Phuket and was completed in Jan 2007. You can buy this house for a base price of ฿9,337,269 (฿41,499/SqM) and it is also available for long term rentals starting from ฿35,000 per month.

    Ideal house to spend your retirement

    This is a very nice house in a safe area nearby Phuket town. Ideal to spend your retirement or also for Expats. Swiss owner. 

    Features

    Rooftop TerraceRooftop Terrace Private GardenPrivate Garden Garden AccessGarden Access TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Full Western KitchenFull Western Kitchen BathtubBathtub Fully RenovatedFully Renovated (2019) Renovated KitchenRenovated Kitchen (2018) OvenOven Cable TVCable TV Gardening IncludedGardening Included

    Basic Information

    Date Listed Apr 19, 2023
    Updated 1 month ago
    Property Type House (Single Detached)
    Storeys 2
    Location Wichit, Phuket
    Bedrooms 3
    Nearest Landmark Karon Beach -7.3 Km
    Indoor Area 225 SqM
    Price per SqM ฿41,499
    Outdoor Area
    This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
    50 SqM
    Plot Size 300 SqM
    Pets Not Allowed
    House Ownership

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

    Foreign 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.

    Leasehold
    Land Title Deed N/A
    Construction Completed (Jan 2007)
    Furniture
    Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
    Partly Furnished
    View(s) Park 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.
    ฿55/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U776178

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿9,337,269
    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.
    ฿55/mo
    Rent
    ฿35,000/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.
    22
    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.
    4%

    Project Details

    Project Name: Baan Prangthong
    Developer: N/A
    Construction: Completed (Jan 2007)
    Units: 84
    Project Area: N/A
    Nearest Landmark Karon Beach - 7.3 Km
    Location: Wichit, Phuket
    Baan Prangthong Project Details

    Project Features

    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking

    Available Units at Baan Prangthong

    For Sale 3 For Rent 3
    • All
    • 2 Beds
    • 3 Beds
    Get notified when new homes are being added to Baan Prangthong
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    Frequently Asked Questions

    No pets are allowed at Baan Prangthong unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
    Karon Beach is the nearest Beach from Baan Prangthong and it is 7.3 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 Baan Prangthong 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

    4.8 out of 5
    Based on
    2 Reviews
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    A very peaceful village
    David Tyler, Canada, 5 years ago
    I can say that the atmosphere here is perfect for family living. It's like an oasis in the midst of the chaos outside. Within the project, there is a large park and a good security system. Very private and quiet. Each house will be built in a large space, so it doesn't feel cramped. The neighbors are lovely and friendly. The house I rented has four bedrooms and a private pool. The rental fee is a little bit high, but I can live with it. The outdoor facilities are really worth it. It's close to the kids' school, so I won't have to wake up early to avoid a traffic jam. Also, it is close to the Central Festival shopping mall, which is a favorite hangout place for our family.
    Great house close to Phuket town
    Charlie Turner, Australia, 5 years ago
    I have been in this house with my family for many years. Everyone is pleased with the place. The house is very spacious, with three bedrooms. There is a garden which is spacious enough for every member to do outdoor activities together. Besides, there is a private swimming pool; the size is enough for my son to enjoy. More importantly, it is not far from Phuket town as it takes only 10 mins driving, so I don’t waste my time on traveling.
    Phuket
    Wichit

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