3 Bedroom Villa for sale at Le Villas & Residence

4 (2 Reviews)
Rawai, Phuket Town,Phuket
Unit ID: U220746
6% GUAR. RETURN FOR 5 YEARS
฿15,894,000 Great Price
3 Bedrooms
3 Bathrooms
299.70 SqM Indoor Area
2 Storeys
Dec 2020 Completed

About This Villa

This property is a 299.70 SqM villa with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Le Villas & Residence project in Rawai, Phuket and was completed in Dec 2020. You can buy this villa for a base price of ฿15,894,000 (฿53,033/SqM).

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking

Basic Information

Property Type Villa
Storeys 2
Location Phuket Town, Phuket
Bedrooms 3
Nearest Landmark Rawai Beach -2.9 Km
Indoor Area 299.70 SqM
Price per SqM ฿53,033
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 240.80 SqM
Villa Ownership

Foreign nationals can own the building (villa) 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.

Thai Ownership, Company, Leasehold
Land Title Deed N/A
Construction Completed (Dec 2020)
Furniture
Available for ฿1,000,000
View(s) Pool View, Garden View
Unit Type Type B - 3 Bedroom
Parking Spots 2
Pool Size 34 Sqm
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.
฿12,040/mo
Listed By
Developer
Date Listed Oct 28, 2019
Last Updated 11 months ago
Unit ID U220746

3D Walkthrough

Price Analysis

Great Price
Estimated market value ฿17,351,615
Great
฿17,700,000
Good
Fair
Above
฿18,100,000
Current asking Price: ฿15,894,000 | Rental estimate: ฿90,700/mo
This villa is ฿1,457,615 BELOW MARKET (-8%) 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.
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Investment Opportunity: Charges & Yield

Sale Price
฿15,894,000
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.
฿12,040/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.
17
Guaranteed Rental Return
6%
Guarantee Duration
5 Years

Project Details

Project Name: Le Villas & Residence
Construction: Completed (Dec 2020)
Units: 20
Project Area: N/A
Nearest Landmark Rawai Beach - 2.9 Km
Location: Phuket Town, Phuket
Le Villas & Residence Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse

Available Units at Le Villas & Residence

For Sale 6 For Rent 1
Get notified when new homes are being added to Le Villas & Residence

Loan Calculator

Payment Plan

Payment Term
Installment Milestone Payment
Deposit
Immediately
฿200,000
1st Installment
Reservation Contract
10%
2nd Installment
Master Contract
20%
3rd Installment
After Foundation Posts Completion
20%
4th Installment
After Walls and Roof Slab Completion
20%
5th Installment
After Floor Finishing and Interior Completion
20%
6th Installment
On handover
10%

Frequently Asked Questions

All kind of pets are allowed at Le Villas & Residence including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is ฿50 per square meter based on the plot size of the property and is ฿12,040 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 Le Villas & Residence the required payment for the sinking fund is a fixed amount of ฿100,000.
Le Villas & Residence offers a guaranteed rental return of 6% (based on the purchase price of the property) for a duration of 5 Years.
Read more here.
Rawai Beach is the nearest Beach from Le Villas & Residence and it is 2.9 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 Le Villas & Residence you have to follow these steps:

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

Payment Term
Installment Milestone Payment
Deposit
Immediately
฿200,000
1st Installment
Reservation Contract
10%
2nd Installment
Master Contract
20%
3rd Installment
After Foundation Posts Completion
20%
4th Installment
After Walls and Roof Slab Completion
20%
5th Installment
After Floor Finishing and Interior Completion
20%
6th Installment
On handover
10%

 

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 4
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
New project, very beautiful location
4 Elliot Anderson, Canada, 1 year ago
One of the latest intriguing projects! The project is on the hill, so it won't be crowded with people. Yet, it's near Nai Harn, Ya Nui beaches, and other shopping malls. After viewing the project, there are only 20 villas available from 4-6 bedrooms. The investors can also gain a profit at 6% for 5 years, worthwhile! Plus, the atmosphere is pretty private, perfect for introverts. The exterior design also meets introverted lifestyles. The prices match the land area and the house as well.
Suitable for vacationing
4 Vasiliki Bodkin, Mexico, 2 years ago
A new project which is very interesting, surrounded by lush green forest and nature. I bought it here because it's worthwhile for investment. The villa is designed for a holiday place, comprising a private pool and car parking spaces. The furniture decorated is luxurious and stylish, giving a sense of warmth, shady, and pleasant to live. Also, it provides a 6% guaranteed rental yield up to 6 years, perfect!
Phuket
Rawai

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Le Villas & Residence

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Bamboo Villa
Location
Rawai, Phuket Town, Phuket
Number of units
6
Sales Prices
฿8.36M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Location
Rawai, Phuket Town, Phuket
Number of units
4
Sales Prices
฿13.6M
Monthly Rentals
N/A
Year Built
Mar 2013
Completion Status
Completed
Location
Rawai, Phuket Town, Phuket
Number of units
26
Sales Prices
฿8.56M
Monthly Rentals
N/A
Year Built
Jan 2008
Completion Status
Completed
Location
Rawai, Phuket Town, Phuket
Number of units
2
Sales Prices
฿18.9M
Monthly Rentals
N/A
Year Built
Dec 2021
Completion Status
Completed
Location
Rawai, Phuket Town, Phuket
Number of units
15
Sales Prices
฿8.7M - ฿29.2M
▼ -7.9% underpriced
Monthly Rentals
N/A
Year Built
Jun 2008
Completion Status
Completed
Project Name
The Niche
Location
Rawai, Phuket Town, Phuket
Number of units
16
Sales Prices
฿10.9M
Monthly Rentals
N/A
Year Built
Sep 2007
Completion Status
Completed
Project Name
Nai Harn Baan Bua
Location
Rawai, Phuket Town, Phuket
Number of units
23
Sales Prices
฿12.6M - ฿42.1M
▼ -3.5% underpriced
Monthly Rentals
฿75.5K - ฿302K
Year Built
Nov 2004
Completion Status
Completed
Location
Rawai, Phuket Town, Phuket
Number of units
80
Sales Prices
฿4.53M - ฿12.7M
▼ -6% underpriced
Monthly Rentals
N/A
Year Built
Nov 2010
Completion Status
Completed
Location
Rawai, Phuket Town, Phuket
Number of units
16
Sales Prices
฿13.6M
Monthly Rentals
N/A
Year Built
Dec 2004
Completion Status
Completed
Project Name
Samakee Village
Location
Rawai, Phuket Town, Phuket
Number of units
11
Sales Prices
฿12M
Monthly Rentals
N/A
Year Built
Dec 2011
Completion Status
Completed
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