Unit ID: U1912250
5% Rental Yield
Ko Kaeo, Phuket Town,Phuket
฿16,900,000
3 Bedrooms
3
Bathrooms
382 SqM
Indoor Area
2
Storeys
Completed

About This Villa

Pre Renovation Pool Villa near BIS

  🏠 𝑻𝒉𝒆 𝑬𝒎𝒑𝒊𝒓𝒆 - Koh Kaew 📍 Phuket, 1.9 km from the British International School   **Details:** ✔️ Usable area: 381.87 sqm ✔️ Land area: 302 sqm (75.50 sq.wah) ✔️ 3 bedrooms, 3 bathrooms ✔️ Living room ✔️ Kitchen with built-in cabinets and appliances ✔️ Private swimming pool ✔️ Parking for 2 cars *The house is sold unfurnished.   💵 Pre-renovation price: 16,900,000 THB    

Features

Private PoolPrivate Pool Covered ParkingCovered Parking

Basic Information

Date Listed Aug 14, 2024
Updated 2 months ago
Property Type Villa
Storeys 2
Location Ko Kaeo, Phuket
Bedrooms 3
Nearest Landmark Laem Hin Seafood -4.3 Km
Indoor Area 382 SqM
Price per SqM ฿44,241
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
80 SqM
Plot Size 302 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, Company
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, Company
Land Title Deed Chanote
Construction Completed
Furniture
Unfurnished
View(s) Pool 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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1912250

Investment Opportunity: Charges & Yield

Sale Price
฿16,900,000
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.
19
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 Chao Fah Garden Home 7 Premier Park, and the current sales price.
5%

Project Details

Developer: N/A
Construction: Completed (Jan 2020)
Units: 4
Project Area: N/A
Nearest Landmark Laem Hin Seafood - 4.3 Km
Location: Ko Kaeo, Phuket
Chao Fah Garden Home 7 Premier Park Project Details

Project Features

Communal Pool Communal Pool
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Kids Pool Kids Pool
Communal Garden Area Communal Garden Area

Available Units at Chao Fah Garden Home 7 Premier Park

For Sale 2 For Rent 2
Get notified when new homes are being added to Chao Fah Garden Home 7 Premier Park
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Frequently Asked Questions

All kind of pets are allowed at Chao Fah Garden Home 7 Premier Park including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Laem Hin Seafood is the nearest Restaurant from Chao Fah Garden Home 7 Premier Park and it is 4.3 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 Chao Fah Garden Home 7 Premier Park 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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Phuket
Ko Kaeo

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Chao Fah Garden Home 7 Premier Park

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
Villa Orchid
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
4
Sales Prices
฿16M - ฿18.9M
Monthly Rentals
฿70K - ฿120K
Year Built
Jan 2008
Completion Status
Completed
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
1005
Sales Prices
฿2.72M - ฿16.9M
Monthly Rentals
฿20K - ฿48K
Year Built
Dec 2010
Completion Status
Completed
Project Name
Habitown Kohkaew
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
228
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฿3.2M - ฿5.79M
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฿22K - ฿40K
Year Built
Nov 2014
Completion Status
Completed
Project Name
Passorn Koh Kaew
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
161
Sales Prices
฿7.5M - ฿8.5M
▼ -14% underpriced
Monthly Rentals
฿45K - ฿85K
Year Built
Apr 2017
Completion Status
Completed
Project Name
The Lantern
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
16
Sales Prices
฿18.5M
▼ -42% underpriced
Monthly Rentals
฿65K - ฿150K
Year Built
Jun 2008
Completion Status
Completed
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
100
Sales Prices
฿4.69M - ฿6.4M
Monthly Rentals
฿35K - ฿55K
Year Built
May 2011
Completion Status
Completed
Project Name
The Indy 2
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
70
Sales Prices
฿8.89M
Monthly Rentals
฿45K - ฿70K
Year Built
Jan 2015
Completion Status
Completed
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
120
Sales Prices
฿7.5M - ฿30M
▼ -44% underpriced
Monthly Rentals
฿40K - ฿90K
Year Built
Sep 1992
Completion Status
Completed
Project Name
Burasiri Kohkaew
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
327
Sales Prices
฿8.29M - ฿10.5M
▲ 14% overpriced
Monthly Rentals
฿50K - ฿80K
Year Built
Oct 2013
Completion Status
Completed
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
29
Sales Prices
฿19.9M - ฿40.5M
Monthly Rentals
N/A
Year Built
Dec 2024
Completion Status
Off Plan
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