Unit ID: U1717052
11% Rental Yield
Tenant-Occupied until Jul 17, 2025
Ratsada, Phuket Town,Phuket
฿15,990,000
4 Bedrooms
4
Bathrooms
175 SqM
Indoor Area
2
Storeys
Mar 2018
Completed

About This Villa

This property is a 175 SqM villa with 4 bedrooms and 4 bathrooms that is available for sale. It is part of the project in Ratsada, Phuket and was completed in Mar 2018. You can buy this villa for a base price of ฿15,990,000 (฿91,371/SqM) and it is also available for long term rentals starting from ฿150,000 per month.

Available for rent or sale now ready to move in  (Including all furniture) Modern style with 2 Floor, 4 Bedrooms, 4 Baths, 1 Living Room, 1 Bar and 1 Karaoke room Land Area: 68.5sq.w. (155sq.m.) All Usage Area: 175sq.m. Facilities Swimming pool size 3.5x8.0m 5 Airconditioning Gym WIFI InternetSecurity 24HRS 2 Car park 5 of smart TV 5 minutes to Bangkok Hospital 10 minutes to Central Festival Phuket    

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Corner UnitCorner Unit BalconyBalcony Wifi IncludedWifi Included Washing MachineWashing Machine TVTV

Basic Information

Date Listed Jan 16, 2024
Updated 3 months ago
Property Type Villa (Single Detached)
Storeys 2
Location Ratsada, Phuket
Bedrooms 4
Nearest Landmark IKEA Phuket -1.9 Km
Indoor Area 175 SqM
Price per SqM ฿91,371
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
99 SqM
Plot Size 155 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
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 N/A
Construction Completed (Mar 2018)
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 2
Pool Size 8m x 3.5m
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.
฿1,600/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1717052

Investment Opportunity: Charges & Yield

Sale Price
฿15,990,000
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.
฿1,600/mo
Rent
฿150,000/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.
9
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.
11%

Project Details

Project Name: The First Phuket
Developer: N/A
Construction: Completed (Oct 2018)
Units: 69
Project Area: N/A
Nearest Landmark IKEA Phuket - 1.9 Km
Location: Ratsada, Phuket
The First Phuket Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)

Available Units at The First Phuket

For Sale 1 For Rent 8
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Frequently Asked Questions

All kind of pets are allowed at The First Phuket including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
IKEA Phuket is the nearest Shopping Mall from The First Phuket and it is 1.9 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 The First 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

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Ratsada

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Location and Neighborhood

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