Unit ID: U1932163
10% Rental Yield
Choeng Thale, Thalang,Phuket
฿42,000,000
3 Bedrooms
4
Bathrooms
430 SqM
Indoor Area
Completed

About This Villa

This property is a 430 SqM villa with 3 bedrooms and 4 bathrooms that is available for sale. It is part of the project in Choeng Thale, Phuket. You can buy this villa for a base price of ฿42,000,000 (฿97,674/SqM) and it is also available for long term rentals starting from ฿350,000 per month.

BRAND NEW VILLA BOAT AVENUE RESIDENT

Experience luxury living in this stunning, brand-new villa at Boat Avenue, available for rent in a prime location! Just 1 minute from the park and playground, 2 minutes from Laguna, Villa Market, and Porto de Phuket, and 5 minutes from the beautiful Bang Tao beach.

Featuring 3 spacious bedrooms, 4 bathrooms, a large garden, and fully furnished interiors with top-of-the-line appliances, this 630 sq.m. corner villa offers 430 sq.m. of living space, an 11x4 swimming pool, and a private garage for 3 cars with electric gates. Nestled in a private, gated community with 24/7 security, this home ensures both privacy and convenience.

Short-term rental rates are available upon request. Included services: weekly cleaning, garden maintenance, Wi-Fi, and pool cleaning.

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BathtubBathtub TVTV

Basic Information

Date Listed Sep 12, 2024
Updated 2 months ago
Property Type Villa (Single Detached)
Storeys N/A
Location Choeng Thale, Phuket
Bedrooms 3
Nearest Landmark Bang Tao Beach -1.4 Km
Indoor Area 430 SqM
Price per SqM ฿97,674
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 630 SqM
Pets Not Allowed
Villa Ownership

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

N/A
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.

N/A
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 N/A
Pool Size 11m X 4m
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.
฿7,500/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1932163

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.
฿7,500/mo
Rent
฿350,000/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.
10
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.
10%

Project Details

Project Name: Boat Avenue Residence
Developer: N/A
Construction: Completed (Apr 2024)
Units: 7
Project Area: N/A
Nearest Landmark Bang Tao Beach - 1.4 Km
Location: Choeng Thale, Phuket
Boat Avenue Residence Project Details

Project Features

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

Available Units at Boat Avenue Residence

For Sale 1 For Rent 1
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Frequently Asked Questions

No pets are allowed at Boat Avenue Residence unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Bang Tao Beach is the nearest Beach from Boat Avenue Residence and it is 1.4 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 Boat Avenue Residence 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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Choeng Thale

Neighborhood Overview

Location and Neighborhood

Street View

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