3 Bedroom Villa for sale at Botanica Modern Loft

(1 Review)
Si Sunthon, Thalang,Phuket
Unit ID: U1079748
9% Rental Yield
3 Bedrooms
4 Bathrooms
173 SqM Indoor Area
1 Storeys
May 2023 Completed

About This Villa

This property is a 173 SqM villa with 3 bedrooms and 4 bathrooms that is available for sale. It is part of the Botanica Modern Loft project in Si Sunthon, Phuket and was completed in May 2023. You can buy this villa for a base price of ฿23,077,760 (฿133,397/SqM).

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking

Basic Information

Date Listed Apr 4, 2022
Updated N/A
Property Type Villa
Storeys 1
Location Si Sunthon, Phuket
Bedrooms 3
Nearest Landmark Bang Tao Beach -3.8 Km
Indoor Area 173 SqM
Price per SqM ฿133,397
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
157 SqM
Plot Size 527 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.

Foreign Ownership, Thai Ownership, Company, Leasehold
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, Company, Leasehold
Land Title Deed N/A
Construction Completed (May 2023)
Furniture
Available for ฿2,500,000
View(s) Pool View, Garden View
Unit Type A
Parking Spots 1
Pool Size 3.50x9.00
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.
฿13,175/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U1079748

Investment Opportunity: Charges & Yield

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.
฿13,175/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.
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 villas at Botanica Modern Loft, and the current sales price.
9%

Project Details

Project Name: Botanica Modern Loft
Construction: Completed (May 2023)
Units: 44
Project Area: 3,203 SqM
Nearest Landmark Bang Tao Beach - 3.8 Km
Location: Si Sunthon, Phuket
Botanica Modern Loft Project Details

Project Features

Clubhouse Clubhouse
24H Security 24H Security
Reception / Lobby Area Reception / Lobby Area
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Available Units at Botanica Modern Loft

For Sale 4 For Rent 2
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Payment Plan

Off-plan Villa
Installment Milestone Payment
Reservation Deposit
Immediately
2%
1st Installment
Sign contact within 30days
28%
2nd Installment
Finished foundation post
20%
3rd Installment
Finished concrete structure and roof structure
15%
4th Installment
Finished wall and roof structure
15%
5th Installment
Finished floor finishing, built-in funiture and paint, window
10%
6th Installment
Transfer of ownership
10%
Finished house
Installment Milestone Payment
Reservation Deposit
Immediately
2%
1st Installment
Sign contact within 30days
48%
2nd Installment
Transfer of ownership
50%

Frequently Asked Questions

All kind of pets are allowed at Botanica Modern Loft including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is ฿25 per square meter based on the plot size of the property and is ฿13,175 for this villa. This fee 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.
For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At Botanica Modern Loft the required payment for the sinking fund is a fixed amount of ฿100,000.
Bang Tao Beach is the nearest Beach from Botanica Modern Loft and it is 3.8 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 Botanica Modern Loft you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer
Off-plan Villa
Installment Milestone Payment
Reservation Deposit
Immediately
2%
1st Installment
Sign contact within 30days
28%
2nd Installment
Finished foundation post
20%
3rd Installment
Finished concrete structure and roof structure
15%
4th Installment
Finished wall and roof structure
15%
5th Installment
Finished floor finishing, built-in funiture and paint, window
10%
6th Installment
Transfer of ownership
10%
Finished house
Installment Milestone Payment
Reservation Deposit
Immediately
2%
1st Installment
Sign contact within 30days
48%
2nd Installment
Transfer of ownership
50%


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

3.3 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
It is suitable for investment.
Rashad Benavidez, Italy, 3 years ago
It is a made-to-order housing project. I think it is suitable for investment because the location is quiet as well and not far from the amenities. It is close to Bang Tao Beach and Layan Beach. In addition, the villa interior is designed to be luxurious, suitable for every lifestyle. There is a large private swimming pool, and the surrounding atmosphere is very natural and peaceful. The project has a staff to help all the time, giving good advice, and the villa is located within 10 minutes from Tesco Lotus (by car).
Phuket
Si Sunthon

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Botanica Modern Loft

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฿24.9M - ฿65M
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Monthly Rentals
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฿18.5M - ฿20.5M
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Si Sunthon, Thalang, Phuket
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Monthly Rentals
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Off Plan
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Location
Si Sunthon, Thalang, Phuket
Number of units
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