2 Bedroom Villa for sale at Riverhouse Phuket

(1 Review)

Choeng Thale, Thalang,Phuket

Unit ID: U250951

13% Rental Yield

2 Bedrooms

2 Bathrooms

228 SqM Indoor Area

2 Storeys

Jan 2021 Completed

(1 Review)

Sale Price

Sold

Great Price

About This Villa

This property is a 228 SqM villa with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Riverhouse Phuket project in Choeng Thale, Phuket and was completed in Jan 2021. You can buy this villa for a base price of ฿17,990,000 (฿78,904/SqM).

Live Luxuriously on the Riverbank: Check Out This Fab Villa at a 'Too Sweet to Pass Up' Price!

Feeling fancy? Go ahead, treat yourself! This property isn't your average two-bedroom, two-bath villa. No, this isn't some ho-hum place you buy to get by. It's a 228-square-meter luxury villa that just so happens to be part of the Riverhouse Phuket project in Choeng Thale, Phuket. If that doesn't get you more than a little excited, you may want to check your pulse.This little slice of paradise was ready for colonizing at the beginning of 2021, and you can get your hands on it for the cool price of 17,990,000 Thai Baht (78,904/SqM). That's a deal that's too sweet to pass up, don't you think?This villa does have an epic view of both the pool and the river, but you don't have to leave your villa to get an eyeful. The natural vistas from within the villa are nothing short of stunning.But maybe you'd prefer to soak up a little sun while lounging poolside. Or take a dip in the river. Maybe a nice stroll through the lush gardens in the private gated community?Your new home awaits. And at only 17,990,000 Thai Baht (78,904/SqM)? How could you say no? If that doesn't get you more than a little excited, you may want to check your pulse. Reach out today and let's make this dream your reality.

Features

Private Pool

Rooftop Terrace

Private Garden

Terrace

Covered Parking

Gardening Included

Pool Cleaning Included

Basic Information

Date Listed Nov 14, 2022

Updated 10 months ago

Property Type Villa

Storeys 2

Location Choeng Thale, Phuket

Bedrooms 2

Nearest Landmark Bang Tao Beach -1.8 Km

Indoor Area 228 SqM

Price per SqM ฿78,904

Outdoor Area

N/A

Plot Size 210 SqM

Pets All Kind of Pets Allowed

Villa Ownership

Thai Ownership, Company, Leasehold

Land Ownership

Thai Ownership, Company, Leasehold

Land Title Deed N/A

Construction Completed (Jan 2021)

Furniture

Available for ฿1,190,000

View(s) Pool View, Garden View

Unit Type 2BR

Parking Spots 1

Pool Size N/A

CAM Fee

฿8,500/mo

Listed By

Developer

Electricity Price Government Rate

Water Price Government Rate

Unit ID U250951

Price Analysis

Great Price

Estimated market value ฿21,183,457

Great

Good

Fair

Above

Current asking Price: ฿17,990,000 | Rental estimate: ฿199,000/mo

This villa is ฿3,193,457 BELOW MARKET (-15%) 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

฿8,500/mo

Price-to-Rent Ratio

Rental Yield

13%

Project Details

Project Name: Riverhouse Phuket

Developer: E-Land Development

Construction: Completed (Jan 2021)

Units: 51

Project Area: 20,100 SqM

Nearest Landmark Bang Tao Beach - 1.8 Km

Location: Choeng Thale, Phuket

Riverhouse Phuket Project Details

Project Features

24H Security

CCTV (Video Surveillance)

Car Parking

Communal Garden Area

Back Up Generators

Solar Panels

Popular Facilities at Riverhouse Phuket

24H Security

1st Floor
Communal Garden Area

1st Floor

YOU MISSED THAT DEAL!

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Get notified when new homes are being added to Riverhouse Phuket

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Loan Calculator

Payment Plan

OffPlan Villa

Installment Milestone Payment

Reservation Deposit

Immediately

1st Installment

On Signature of Main Agreements ( Within 1 Month of Booking )

28%

2nd Installment

On Completion Villa to Flat Roof ( Approx. 10 weeks )

20%

3rd Installment

On Completion of Pitched Roof ( Approx. 9 weeks )

20%

4th Installment

On Completion of Villa for Lock UP ( Approx. 10 Weeks)

20%

5th Installment

On Villa Handover & Transfer Documentation ( Approx. 11 weeks )

10%

Frequently Asked Questions

All kind of pets are allowed at Riverhouse Phuket including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.

The common area maintenance fee for properties at Riverhouse Phuket is a fixed amount of ฿9,500. 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.

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 Riverhouse Phuket the required payment for the sinking fund is a fixed amount of ฿100,000.

Bang Tao Beach is the nearest Beach from Riverhouse Phuket and it is 1.8 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 Riverhouse Phuket you have to follow these steps:

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

OffPlan Villa

Installment Milestone Payment

Reservation Deposit

Immediately

1st Installment

On Signature of Main Agreements ( Within 1 Month of Booking )

28%

2nd Installment

On Completion Villa to Flat Roof ( Approx. 10 weeks )

20%

3rd Installment

On Completion of Pitched Roof ( Approx. 9 weeks )

20%

4th Installment

On Completion of Villa for Lock UP ( Approx. 10 Weeks)

20%

5th Installment

On Villa Handover & Transfer Documentation ( Approx. 11 weeks )

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

4.7 out of 5

Based on

1 Review

Maintenance

Staff / Security

Facilities on Site

Quality of Finishing

Value for Money

Location

+ Write a review

E-CO friendly villa

Surawadee D., Thailand, 3 years ago

E-CO friendly villa with a very modern design. My husband and I went for an inspection there and were very impressed with the layout. My husband is an architect from Canada. He was impressed by how the project installs an energy-saving system, solar panels, and moisture-proof systems, which are excellent. As it rains a lot in Phuket, leaving the house unoccupied for a long time can cause a bad smell. Fortunately, the project takes residents' concerns into account. Our home is a two-story loft-style design, which is quite airy with good ventilation. Also, there is a private swimming pool and a staircase in the middle of the house to connect the first and second floors. The interior is very beautifully decorated in resort-style, suitable for being a vacation home. Also, close to many amenities, such as Tesco Lotus, Boat Avenue, and the fresh market. It is delightful to find this place. I want the house to finish quickly anyway.

Phuket

Choeng Thale