3 Bedroom Villa for sale at Villa Orchid

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Ko Kaeo, Phuket Town,Phuket
Unit ID: U18656
7% Rental Yield
3 Bedrooms
3 Bathrooms
286 SqM Indoor Area
1 Storeys
Jan 2008 Completed

About This Villa

This property is a 286 SqM villa with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Villa Orchid project in Ko Kaeo, Phuket and was completed in Jan 2008. You can buy this villa for a base price of ฿10,900,000 (฿38,112/SqM).

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Outdoor SalaOutdoor Sala Full Western KitchenFull Western Kitchen

Basic Information

Date Listed Nov 3, 2016
Updated 3 years ago
Property Type Villa
Storeys 1
Location Ko Kaeo, Phuket
Bedrooms 3
Nearest Landmark Cape Yamu Beach -6 Km
Indoor Area 286 SqM
Price per SqM ฿38,112
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
175 SqM
Plot Size 624 SqM
Pets Not 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 (Jan 2008)
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) Mountain View, Pool View, Garden View
Unit Type 3-001
Parking Spots 2
Pool Size 8m x 4m x 1.2m
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 U18656

Investment Opportunity: Charges & Yield

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.
15
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: Villa Orchid
Developer: N/A
Construction: Completed (Jan 2008)
Units: 4
Project Area: N/A
Nearest Landmark Cape Yamu Beach - 6 Km
Location: Ko Kaeo, Phuket
Villa Orchid Project Details

Project Features

CCTV (Video Surveillance) CCTV (Video Surveillance)
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Available Units at Villa Orchid

For Sale 3 For Rent 3
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Frequently Asked Questions

All kind of pets are allowed at Villa Orchid including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Cape Yamu Beach is the nearest Beach from Villa Orchid and it is 6 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 Villa Orchid 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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Phuket
Ko Kaeo

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Location and Neighborhood

Street View

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