Unit ID: U153489
7% Rental Yield
Ko Kaeo, Phuket Town,Phuket
฿15,000,000
3 Bedrooms
3
Bathrooms
200 SqM
Indoor Area
2
Storeys
Jan 2019
Completed

About This Villa

This property is a 200 SqM villa with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Ko Kaeo, Phuket and was completed in Jan 2019. You can buy this villa for a base price of ฿15,000,000 (฿75,000/SqM).

Your Dream Oasis Awaits: Casa Riviera Phuket

Welcome to Casa Riviera Phuket; the idyllic haven of modern tropical living. Nestled in the heart of Ko Kaeo, you can find the luxurious villa that you've been seeking. Wrapping 200 square metres in the embrace of spellbinding Thai vistas, this is living at its finest.Within this tranquil refuge, you will come across 3 invitingly spacious bedrooms overflowing with natural light. Here you can sleep in peace, knowing that each bathroom is as stylishly appointed as the other.Completing the package is an array of inviting outdoor areas, where you can take some time out from your everyday worries and set your soul free. This is the kind of once-in-a-lifetime opportunity to secure your own slice of paradise. It is the perfect balance of style, sophistication and affordability that you won't want to miss.As part of a newly-built project, you will benefit from some of the world's most modern conveniences and a peace of mind that everything is already in place. All of this located in the breathtaking beauty of Phuket.What more could you ask for? Make that dream of owning a villa in Thailand a reality and contact us now. Don't miss the chance to make this dream come to life.

Features

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

Basic Information

Date Listed Oct 9, 2019
Updated 1 year ago
Property Type Villa (Single Detached)
Storeys 2
Location Ko Kaeo, Phuket
Bedrooms 3
Nearest Landmark Central Festival Phuket -0.2 Km
Indoor Area 200 SqM
Price per SqM ฿75,000
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 284 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.

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 2019)
Furniture
Unfurnished
View(s) Pool View, Garden View
Unit Type N/A
Parking Spots 2
Pool Size 4*9
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 U153489

Investment Opportunity: Charges & Yield

Sale Price
฿15,000,000
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.
14
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 villas at Casa Riviera Phuket , and the current sales price.
7%

Project Details

Project Name: Casa Riviera Phuket
Developer: N/A
Construction: Completed (Jan 2019)
Units: 16
Project Area: N/A
Nearest Landmark Central Festival Phuket - 0.2 Km
Location: Ko Kaeo, Phuket
Casa Riviera Phuket Project Details

Project Features

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

Available Units at Casa Riviera Phuket

For Sale 1 For Rent 1
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Frequently Asked Questions

Central Festival Phuket is the nearest Shopping Mall from Casa Riviera Phuket and it is 0.2 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 Casa Riviera Phuket 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

4.6 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Good place for family. Convenient location!
Oma Batdorf, United States, 4 years ago
My friend lives here with her family. The place is comfortable and private and conveniently close to shopping malls such as IKEA Phuket, Central Festival Phuket, and easy travel to town and other areas. I like the atmosphere here! The house comes with a big bedroom, living space, parking, and 24-hours security service. Excellent value! Suitable for long-term residents, especially for a family as it is also close to the schools.
Beautiful village, nice location
Chaibodin W., Thailand, 5 years ago
I have a chance to visit the project. It's very interesting. The house design project is beautiful and modern with white-tone color. Every space of the house is connected as the floor plan is quite trendy. The project has limited units, so we don't have many neighbors, which is quite private. The house comes with a swimming pool and a fence around the house. Plus, there is a security system to take care of the residents 24/7. Very nice location, close to the Bypass road. Traveling is very convenient.
Phuket
Ko Kaeo

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Casa Riviera Phuket

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Year Built
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Project Name
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Number of units
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Location
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Number of units
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Sales Prices
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Year Built
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Project Name
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Number of units
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Sales Prices
฿18.9M - ฿20M
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Year Built
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Completion Status
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Location
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▲ 15% overpriced
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Number of units
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฿4.98M - ฿14.9M
Monthly Rentals
฿25K - ฿30K
Year Built
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Completion Status
Completed
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
49
Sales Prices
฿7.2M
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N/A
Year Built
Aug 2010
Completion Status
Completed
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
N/A
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฿3.5M - ฿13.9M
Monthly Rentals
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Year Built
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Completion Status
Completed
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Ko Kaeo, Phuket Town, Phuket
Number of units
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Sales Prices
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▼ -33.5% underpriced
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Year Built
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Completion Status
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Project Name
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Number of units
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Sales Prices
฿6.9M - ฿8.8M
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N/A
Completion Status
Off Plan
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
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Sales Prices
฿6.25M - ฿54.9M
Monthly Rentals
N/A
Year Built
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Completion Status
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Location
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Number of units
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Year Built
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Completion Status
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