4 Bedroom Villa for sale at Baan Chai Lei

(2 Reviews)
Patong, Kathu,Phuket
Unit ID: U21094
4% Rental Yield
4 Bedrooms
4 Bathrooms
850 SqM Indoor Area
2 Storeys
Aug 2018 Completed

About This Villa

This property is a 850 SqM villa with 4 bedrooms and 4 bathrooms that is available for sale. It is part of the Baan Chai Lei project in Patong, Phuket and was completed in Aug 2018. You can buy this villa for a base price of ฿85,000,000 (฿100,000/SqM) and it is also available for long term rentals starting from ฿280,000 per month.

Features

Private LiftPrivate Lift Wet BarWet Bar Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Maids QuartersMaids Quarters Outdoor ShowersOutdoor Showers Full Western KitchenFull Western Kitchen

Basic Information

Date Listed Nov 4, 2016
Updated 3 years ago
Property Type Villa
Storeys 2
Location Patong, Phuket
Bedrooms 4
Nearest Landmark Kalim Beach -0.6 Km
Indoor Area 850 SqM
Price per SqM ฿100,000
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
150 SqM
Plot Size 1,000 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.

Foreign Ownership, Company
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 (Aug 2018)
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) Sea View, Mountain View, Pool View
Unit Type N/A
Parking Spots 4
Pool Size 85 Sq.m
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 U21094

Investment Opportunity: Charges & Yield

Rent
฿280,000/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.
25
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.
4%

Project Details

Project Name: Baan Chai Lei
Developer: N/A
Construction: Completed (Dec 2006)
Units: 6
Project Area: N/A
Nearest Landmark Kalim Beach - 0.6 Km
Location: Patong, Phuket
Baan Chai Lei Project Details

Project Features

Communal Pool Communal Pool
Jacuzzi Jacuzzi
Car Parking Car Parking
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Frequently Asked Questions

No pets are allowed at Baan Chai Lei unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Kalim Beach is the nearest Beach from Baan Chai Lei and it is 0.6 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 Baan Chai Lei 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

4.5 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The best villa in Phuket
Kirati Lamarche, India, 4 years ago
The best villa in Phuket with large 4 bedrooms, perfect for family vacations. Luxuriously and modernly styled and decorated with wooden materials to present Thai arts. There are elevators, a swimming pool, and parking. As the villas are on the hill, you can see the endless view of Patong Bay, so stunning, especially in the evening. We are so happy spending time here! I hope I will be back soon!
Magnificent Pool Villa on Patong Hill.
Mark E., Denmark, 6 years ago
Magnificent Pool Villa on Patong Hill, I never thought there would be such a beautiful pool villa. I was very fortunate to be able to see this luxurious four-bedroom ensuite villa. It is designed in Thai style. The space is also well decorated with furniture. There are the sliding doors of the master bedroom that you can open to the pool and sala, overlooking the speechless views of the sea and mountains. There is a large swimming pool, and adequate parking in the project. The atmosphere around is shady, quiet, and very private. The location is the best on Phuket Island; it is near Patong Beach, less than 5 minutes drive. Also, close to Kamala Beach and Phuket Fantasea, which has a spectacular show as well.
Phuket
Patong

Neighborhood Overview

Location and Neighborhood

Street View

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