3 Bedroom Villa for sale at Diamond Trees Villas

(1 Review)

Si Sunthon, Thalang,Phuket

Unit ID: U22138

12% Rental Yield

3 Bedrooms

4 Bathrooms

300 SqM Indoor Area

2 Storeys

Mar 2016 Completed

(1 Review)

Sale Price

Sold

About This Villa

This property is a 300 SqM villa with 3 bedrooms and 4 bathrooms that is available for sale. It is part of the Diamond Trees Villas project in Si Sunthon, Phuket and was completed in Mar 2016. You can buy this villa for a base price of ฿12,900,000 (฿43,000/SqM) and it is also available for long term rentals starting from ฿125,000 per month.

Features

Wet Bar

Private Pool

Private Garden

Terrace

Covered Parking

Balcony

Full Western Kitchen

Basic Information

Date Listed Nov 23, 2016

Updated 3 years ago

Property Type Villa

Storeys 2

Location Si Sunthon, Phuket

Bedrooms 3

Nearest Landmark Bang Tao Beach -3.1 Km

Indoor Area 300 SqM

Price per SqM ฿43,000

Outdoor Area

104 SqM

Plot Size 342 SqM

Pets Not Allowed

Villa Ownership

Company

Land Ownership

Company

Land Title Deed N/A

Construction Completed (Mar 2016)

Furniture

Fully Furnished

View(s) Mountain View, Park View, Pool View, Garden View

Unit Type N/A

Parking Spots 1

Pool Size 8.5mx4mx1.5m

CAM Fee

฿6,000/mo

Listed By

Private Owner

Electricity Price N/A

Water Price N/A

Unit ID U22138

Price Analysis

Above Average

Estimated market value ฿10,560,385

Great

Good

Fair

Above

Current asking Price: ฿12,900,000 | Advertised rental rate: ฿125,000/mo

This villa is ฿2,339,615 ABOVE MARKET (22%) 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

฿6,000/mo

Rent

฿125,000/mo

Price-to-Rent Ratio

Rental Yield

12%

Project Details

Project Name: Diamond Trees Villas

Developer: Baanjai

Construction: Completed (Mar 2016)

Units: 5

Project Area: N/A

Nearest Landmark Bang Tao Beach - 3.1 Km

Location: Si Sunthon, Phuket

Diamond Trees Villas Project Details

Project Features

24H Security

CCTV (Video Surveillance)

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Available Units at Diamond Trees Villas

For Sale 1 For Rent 4

All
4 Beds

Fully Furnished Pool View

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Frequently Asked Questions

All kind of pets are allowed at Diamond Trees Villas including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.

The common area maintenance fee for properties at Diamond Trees Villas is a fixed amount of ฿6,000. 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.

Bang Tao Beach is the nearest Beach from Diamond Trees Villas and it is 3.1 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 Diamond Trees Villas 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?

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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

4.5 out of 5

Based on

1 Review

Maintenance

Staff / Security

Facilities on Site

Quality of Finishing

Value for Money

Location

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Premium Pool Villa

Finn K., Sweden, 5 years ago

The Diamond Trees Villas project is a hidden paradise in the heart of the Cherng Talay area. Inside, the atmosphere is peaceful. This 3-bedroom villa is a brand new. It has two floors decorated with fine furniture and is perfect for true relaxation. A large dining area with a modern and clean design. The kitchen is also fully equipped with cooking equipment such as an oven, microwave, and coffee maker to cater to all members. There are not many people living in the surrounding villas. Most of them are foreigners. The location is ideal. Near the church, it only takes 5 minutes to get to Boat Avenue Cherngtalay.

Phuket

Si Sunthon