3 Bedroom Townhouse for sale at Pruksaville 59/1 Kathu-Patong

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Kathu, Kathu,Phuket
Unit ID: U1410590
9% Rental Yield
3 Bedrooms
2 Bathrooms
95 SqM Indoor Area
2 Storeys
Aug 2020 Completed

About This Townhouse

This property is a 95 SqM townhouse with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the Pruksaville 59/1 Kathu-Patong project in Kathu, Phuket. You can buy this townhouse for a base price of ฿3,390,000 (฿35,684/SqM). and was completed in Aug 2020

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony TVTV

Basic Information

Date Listed May 17, 2023
Updated 1 year ago
Property Type Townhouse
Storeys 2
Location Kathu, Phuket
Bedrooms 3
Nearest Landmark: Central Floresta -3.7 Km
Indoor Area 95 SqM
Price per SqM ฿35,684
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 72 SqM
Pets All Kind of Pets Allowed
Townhouse Ownership

Foreign nationals can own the building (townhouse) in their own name, but not the land that it stands on.

Thai Ownership
Land Ownership

Foreign nationals cannot own land in Thailand in their own name. The options for a foreigner to make use of the land are via a long-term lease or by investing in a Thai company that owns the land.

Thai Ownership
Land Title Deed Chanote
Construction Completed (Aug 2020)
Furniture
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) City View, Garden 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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1410590

Investment Opportunity: Charges & Yield

Sale Price
฿3,390,000
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.
11
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 townhouses at Pruksaville 59/1 Kathu-Patong, and the current sales price.
9%

Project Details

Developer: N/A
Construction: Completed (Aug 2020)
Units: 2
Project Area: N/A
Nearest Landmark: Central Floresta - 3.7 Km
Location: Kathu, Phuket
Pruksaville 59/1 Kathu-Patong Project Details

Project Features

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

Available Units at Pruksaville 59/1 Kathu-Patong

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Frequently Asked Questions

All kind of pets are allowed at Pruksaville 59/1 Kathu-Patong including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Central Floresta is the nearest Shopping Mall from Pruksaville 59/1 Kathu-Patong 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.

After you have found the right property at Pruksaville 59/1 Kathu-Patong you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer


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?

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.

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