3 Bedroom Villa for sale at Tewana Home Chalong

(1 Review)
Wichit, Phuket Town,Phuket
Unit ID: U1048346
7% Rental Yield
Tenant-Occupied until Sep 1, 2024
3 Bedrooms
3 Bathrooms
400 SqM Indoor Area
2 Storeys
Dec 2011 Completed

About This Villa

This property is a 400 SqM villa with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Tewana Home Chalong project in Wichit, Phuket and was completed in Dec 2011. You can buy this villa for a base price of ฿19,500,000 (฿48,750/SqM) and it is also available for long term rentals starting from ฿120,000 per month.

Luxury Chaofa Pool Villa

This 3-bedroom villa is available for sale with the best offer at only 19.5THB million, ideally suited in a prime location of Chalong. The villa was designed in a Balinese style, featuring 3 bedrooms and 3 bathrooms while also providing a complete range of in-villa facilities, such as a private pool, terrace, private garden, covered parking, full western kitchen, etc., giving the residents a sense of authentic relaxation and convenient living. The villa location is serenity with all-around amenities and attractions surrounding which are accessible only a few minutes, including Chalong Pier, Chalong Hospital, Tiger Park Phuket, Chalong Temple, King Power, Phuket Botanic Garden, etc., perfect for those looking for a place to live and as a hideaway residence. 

Features

Private PoolPrivate Pool Rooftop TerraceRooftop Terrace Covered ParkingCovered Parking BalconyBalcony Full Western KitchenFull Western Kitchen BathtubBathtub OvenOven

Basic Information

Date Listed Apr 17, 2023
Updated 7 months ago
Property Type Villa (Single Detached)
Storeys 2
Location Wichit, Phuket
Bedrooms 3
Nearest Landmark Phuket Zoo -2.8 Km
Indoor Area 400 SqM
Price per SqM ฿48,750
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 412 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.

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.

N/A
Land Title Deed N/A
Construction Completed (Dec 2011)
Furniture
A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
Fully Furnished
View(s) Garden View
Unit Type N/A
Parking Spots 2
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
Each listing provided by partnered agents is individually verified by FazWaz. Partner Agents work for different brokerages or property management companies but have teamed up with FazWaz so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1048346

Price Analysis

Great Price
Estimated market value ฿25,199,880
Great
฿22,100,000
Good
Fair
Above
฿27,200,000
Current asking Price: ฿19,500,000 | Advertised rental rate: ฿120,000/mo
This villa is ฿5,699,880 BELOW MARKET (-23%) 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
฿19,500,000
Rent
฿120,000/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.
14
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
7%

Project Details

Project Name: Tewana Home Chalong
Developer: N/A
Construction: Completed (Dec 2011)
Units: 4
Project Area: N/A
Nearest Landmark Phuket Zoo - 2.8 Km
Location: Wichit, Phuket
Tewana Home Chalong Project Details

Project Features

Communal Pool Communal Pool
Jacuzzi Jacuzzi
Car Parking Car Parking

Available Units at Tewana Home Chalong

For Sale 3 For Rent 2
Get notified when new homes are being added to Tewana Home Chalong
View All (3)

Loan Calculator

Frequently Asked Questions

All kind of pets are allowed at Tewana Home Chalong including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Phuket Zoo is the nearest Tourist Attraction from Tewana Home Chalong and it is 2.8 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 Tewana Home Chalong 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?

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

5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
This project is stunning
Simon Askey, United Kingdom, 5 years ago
This project is stunning. There is a warm and private atmosphere, and security guards work well. The pool villa is spacious; you can live with many people comfortably. There are up to 3 bedrooms with en-suite bathrooms and a jacuzzi tub that my children love. The decorative furniture is harmonious to Thai-style design, looks very beautiful and charming. The outdoor area of the villa is filled with the garden in a dark atmosphere. A large swimming pool is not very deep; children can swim safely. My family and I love staying in this project a lot because we could have a happy rest and conveniently visited Chalong Temple, Big Buddha Temple, and shopping at Central Phuket, a few minutes away.
Phuket
Wichit

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Tewana Home Chalong

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Year Built
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Project Name
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Number of units
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Location
Chalong, Phuket Town, Phuket
Number of units
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฿8.49M - ฿28.5M
▲ 4% overpriced
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฿99.8K
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Wichit, Phuket Town, Phuket
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฿5.21M
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฿3.79M - ฿9.77M
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฿6.98M - ฿25M
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฿36.9K - ฿200K
Year Built
Nov 2014
Completion Status
Completed
Location
Chalong, Phuket Town, Phuket
Number of units
N/A
Sales Prices
฿5.49M
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N/A
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Jan 2013
Completion Status
Completed
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Chalong, Phuket Town, Phuket
Number of units
78
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฿5.99M
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Year Built
Jan 2012
Completion Status
Completed
Location
Wichit, Phuket Town, Phuket
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100
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฿20M - ฿21M
▼ -21% underpriced
Monthly Rentals
฿17K - ฿130K
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Completed
Project Name
Smart @ Chalong
Location
Chalong, Phuket Town, Phuket
Number of units
54
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฿2.89M - ฿5.19M
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Project Name
Kimera Pool Villa
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Number of units
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Sales Prices
฿16.5M - ฿42.5M
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฿79.9K - ฿125K
Year Built
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Completion Status
Completed
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