2 Bedroom Villa for sale at Shambhala Sol

(1 Review)

Chalong, Phuket Town,Phuket

Unit ID: U40060

7% GUAR. RETURN FOR 3 YEARS

2 Bedrooms

2 Bathrooms

190 SqM Indoor Area

Dec 2017 Completed

(1 Review)

Sale Price

Sold

Great Price

About This Villa

This property is a 190 SqM villa with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Shambhala Sol project in Chalong, Phuket and was completed in Dec 2017. You can buy this villa for a base price of ฿7,280,000 (฿38,316/SqM).

Features

Private Pool

Private Garden

Terrace

Covered Parking

Basic Information

Date Listed Nov 16, 2017

Updated 4 years ago

Property Type Villa

Storeys N/A

Location Chalong, Phuket

Bedrooms 2

Nearest Landmark Chalong Pier -1.4 Km

Indoor Area 190 SqM

Price per SqM ฿38,316

Outdoor Area

N/A

Plot Size 279.84 SqM

Pets Not Allowed

Villa Ownership

Leasehold

Land Ownership

N/A

Land Title Deed N/A

Construction Completed (Dec 2017)

Furniture

Fully Furnished

View(s) Pool View, Garden View

Unit Type 2BR

Parking Spots N/A

Pool Size N/A

CAM Fee

฿2,500/mo

Listed By

Developer

Electricity Price N/A

Water Price N/A

Unit ID U40060

Price Analysis

Great Price

Estimated market value ฿8,279,382

Great

Good

Fair

Above

Current asking Price: ฿7,280,000 | Rental estimate: ฿84,100/mo

This villa is ฿999,382 BELOW MARKET (-12%) in the Phuket area. It is analyzed against similar villas and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.

Investment Opportunity: Charges & Yield

CAM Fee

฿2,500/mo

Price-to-Rent Ratio

Guaranteed Rental Return

Guarantee Duration

3 Years

Project Details

Project Name: Shambhala Sol

Developer: N/A

Construction: Completed (Dec 2017)

Units: 32

Project Area: N/A

Nearest Landmark Chalong Pier - 1.4 Km

Location: Chalong, Phuket

Shambhala Sol Project Details

Project Features

24H Security

CCTV (Video Surveillance)

Car Parking

Reception / Lobby Area

Communal Garden Area

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Available Units at Shambhala Sol

For Sale 1 For Rent 4

All
2 Beds

Fully Furnished Pool View

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Frequently Asked Questions

Small dogs (weight under 15 kg), cats and small pets like rabbits, hamsters and guinea pigs are allowed at Shambhala Sol.

The common area maintenance fee for properties at Shambhala Sol is a fixed amount of ฿2,500. This amount 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.

Shambhala Sol offers a guaranteed rental return of 7% (based on the purchase price of the property) for a duration of 3 Years.
Read more here.

Chalong Pier is the nearest Pier from Shambhala Sol and it is 1.4 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 Shambhala Sol 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

4.3 out of 5

Based on

1 Review

Maintenance

Staff / Security

Facilities on Site

Quality of Finishing

Value for Money

Location

+ Write a review

Villa for rent, located in a good location

Simon Ivanovich, Russia, 4 years ago

The villa is for rent. The owner takes good care of the villa. It is clean and furnished with standard furniture. The villa is clearly divided into good proportions. There is a high-edge fence, a swimming pool, and parking. Most of the neighbors are foreigners. The maid is friendly. The property is located in a good location in Chalong, which has complete facilities. Traveling to Chalong Pier is just 5 minutes, while Rawai beach and Kata beach are also very close. But the villa is not next to the sea and is located in a very deep alley. I recommend having a car or motorbike for traveling, which is very convenient!

Phuket

Chalong