Unit ID: U1712948
14% Rental Yield
Si Sunthon, Thalang,Phuket
฿23,600,000
3 Bedrooms
3
Bathrooms
375 SqM
Indoor Area
2
Storeys
Jan 2024
Completed

About This Villa

This property is a 375 SqM villa with 3 bedrooms and 3 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 ฿23,600,000 (฿62,933/SqM).

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Full Western KitchenFull Western Kitchen MicrowaveMicrowave OvenOven TVTV

Basic Information

Date Listed Jan 10, 2024
Updated 10 months ago
Property Type Villa (Single Detached)
Storeys 2
Location Si Sunthon, Phuket
Bedrooms 3
Nearest Landmark Bang Tao Beach -3.7 Km
Indoor Area 375 SqM
Price per SqM ฿62,933
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 377 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.

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.

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
Unit Type N/A
Parking Spots 1
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.
฿7,540/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1712948

Investment Opportunity: Charges & Yield

Sale Price
฿23,600,000
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.
฿7,540/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.
7
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 LuxPride by Wallaya Villas, and the current sales price.
14%

Project Details

Developer: Wallaya Villas
Construction: Completed (Oct 2023)
Units: 19
Project Area: 4,800 SqM
Nearest Landmark Bang Tao Beach - 3.7 Km
Location: Si Sunthon, Phuket
LuxPride by Wallaya Villas Project Details

Project Features

Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Reception / Lobby Area Reception / Lobby Area
Communal Garden Area Communal Garden Area

Available Units at LuxPride by Wallaya Villas

For Sale 7 For Rent 3
Get notified when new homes are being added to LuxPride by Wallaya Villas
View All (7)

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Frequently Asked Questions

All kind of pets are allowed at LuxPride by Wallaya Villas including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is ฿20 per square meter based on the plot size of the property and is ฿7,540 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 LuxPride by Wallaya Villas the required payment for the sinking fund is ฿500 per square meter based on the size of the plot size of the property.
Bang Tao Beach is the nearest Beach from LuxPride by Wallaya Villas and it is 3.7 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 LuxPride by Wallaya Villas you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer
Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
Upon contract signing
30%
2nd Installment
Super Structure
30%
3rd Installment
Topping Out
20%
4th Installment
On handover
20%


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

5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The new villa development near Blue Tree
Dylan O., United States, 2 years ago
This project is a new development from Wallaya Villas. From what I have seen on the project website, I can say that the concept is amazing. The villas are designed in a modern minimalist style blending traditional Thai. It looks so beautiful. As for the living area, it is allocated quite wide for the whole family to live comfortably. The living area is 377 square meters, with 3 bedrooms, 3 bathrooms, and a swimming pool. The project is located in a quite deep alley. The atmosphere is quite peaceful and close to nature. But in the nearby area, there is a complete range of amenities, as well as the Blue Tree is only 2 kilometers away.
Phuket
Si Sunthon

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby LuxPride by Wallaya Villas

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
Trichada Azure
Location
Si Sunthon, Thalang, Phuket
Number of units
21
Sales Prices
฿25.9M - ฿29.8M
Monthly Rentals
฿179K - ฿209K
Year Built
Aug 2024
Completion Status
Completed
Location
Si Sunthon, Thalang, Phuket
Number of units
6
Sales Prices
฿52.1M - ฿58.9M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Made To Order
Location
Si Sunthon, Thalang, Phuket
Number of units
32
Sales Prices
฿74.7M
▲ 20% overpriced
Monthly Rentals
฿448K
Year Built
Nov 2009
Completion Status
Completed
Project Name
Punyisa Bang Jo
Location
Si Sunthon, Thalang, Phuket
Number of units
26
Sales Prices
฿70.7M - ฿100M
Monthly Rentals
N/A
Year Built
Jan 2026
Completion Status
Off Plan
Location
Si Sunthon, Thalang, Phuket
Number of units
8
Sales Prices
฿13.9M - ฿22.1M
Monthly Rentals
N/A
Year Built
Dec 2023
Completion Status
Completed
Project Name
Aiyada
Location
Si Sunthon, Thalang, Phuket
Number of units
N/A
Sales Prices
฿8.97M
Monthly Rentals
฿54.8K - ฿74.7K
Year Built
N/A
Completion Status
Completed
Project Name
Manisa Villa
Location
Si Sunthon, Thalang, Phuket
Number of units
10
Sales Prices
฿14.8M - ฿36.8M
Monthly Rentals
N/A
Year Built
Dec 2024
Completion Status
Off Plan
Location
Si Sunthon, Thalang, Phuket
Number of units
6
Sales Prices
฿27.9M
Monthly Rentals
N/A
Year Built
Nov 2023
Completion Status
Completed
Project Name
Villa Qabalah
Location
Si Sunthon, Thalang, Phuket
Number of units
31
Sales Prices
฿12.7M - ฿37M
Monthly Rentals
N/A
Year Built
May 2024
Completion Status
Completed
Location
Si Sunthon, Thalang, Phuket
Number of units
44
Sales Prices
฿28.4M - ฿41.9M
▼ -7% underpriced
Monthly Rentals
฿249K - ฿399K
Year Built
May 2023
Completion Status
Completed
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