2 Bedroom House for sale at Patak Villa

(2 Reviews)
Chalong, Phuket Town,Phuket
Unit ID: U20010
11% Rental Yield
2 Bedrooms
3 Bathrooms
122 SqM Indoor Area
2 Storeys
Nov 2011 Completed

About This House

This property is a 122 SqM house with 2 bedrooms and 3 bathrooms that is available for sale. It is part of the Patak Villa project in Chalong, Phuket and was completed in Nov 2011. You can buy this house for a base price of ฿4,900,000 (฿40,164/SqM) and it is also available for long term rentals starting from ฿45,000 per month.

Features

TerraceTerrace

Basic Information

Date Listed Nov 4, 2016
Updated 3 years ago
Property Type House
Storeys 2
Location Chalong, Phuket
Bedrooms 2
Nearest Landmark Kata Noi Beach -4.6 Km
Indoor Area 122 SqM
Price per SqM ฿40,164
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
43 SqM
Plot Size 99.28 SqM
Pets Not Allowed
House Ownership

Foreign nationals can own the building (house) 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 (Nov 2011)
Furniture
Unfurnished
View(s) Pool View
Unit Type 2-001
Parking Spots 1
Pool Size 17.2 sq.m
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 U20010

Investment Opportunity: Charges & Yield

Rent
฿45,000/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: Patak Villa
Developer: N/A
Construction: Completed (Nov 2011)
Units: 300
Project Area: N/A
Nearest Landmark Kata Noi Beach - 4.6 Km
Location: Chalong, Phuket
Patak Villa Project Details

Project Features

Hotel Managed Hotel Managed
24H Security 24H Security
Car Parking Car Parking
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Frequently Asked Questions

All kind of pets are allowed at Patak Villa including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Kata Noi Beach is the nearest Beach from Patak Villa and it is 4.6 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 Patak Villa 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

Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Reviews

4 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Nice place!
Narin Wang, Thailand, 4 years ago
Just made the right choice buying this house, really worth it! The location is very good, close to many facilities, and a few minutes walk to Tesco Lotus Chalong. At the project gate, you can also find a motorcycle taxi. The neighborhood is full of shops, markets, restaurants, educational institutions. In the project, there are facilities, a security system for 24 hours, a large courtyard for parking. As I plan to buy 2 more cars, this space is adequate. The living area is large and fully furnished. I love that glossy leather sofa in the living room, an outdoor swimming pool, and eye-soothing green area. I just love living here.
Very disappointed !!
Tan Nguyen, United States, 5 years ago
Very disappointed with the project. The small pool is like a fish pond. The house is quite old, but the village atmosphere is quiet. The project is located in a local community. Convenient location, close to the market, Restaurants, and Makro. I pay a high rental rate, so I want something better.
Phuket
Chalong

Neighborhood Overview

Location and Neighborhood

Street View

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