4 Bedroom Villa for sale at Manick Hillside

(2 Reviews)
Si Sunthon, Thalang,Phuket
Unit ID: U78279
11% Rental Yield
4 Bedrooms
5 Bathrooms
1,280 SqM Indoor Area
2 Storeys
May 2019 Completed

About This Villa

This property is a 1,280 SqM villa with 4 bedrooms and 5 bathrooms that is available for sale. It is part of the Manick Hillside project in Si Sunthon, Phuket and was completed in May 2019. You can buy this villa for a base price of ฿67,500,000 (฿52,734/SqM).

Type M2 Villa - Resale

75 Million Baht For Sale & Long Term Rental 350k/Month

Large Double Story Villa Size 1280 sqm Land 910 sqm

4 Bedrooms with ensuite bathrooms

Build in Cupboards and  walk in closet in Master.

Large Living and Dining Area

Family Room

Modern Western Kitchen

Thai Kitchen

Guest Restroom

15m Private Rim Flow Swimming Pool

Maids Room and Laundry

Out door Sala Area with Under cover terraces

3 Car Garage

Storage Space

Fully Furnished

Current Ownership Long Term Lease – can be changed to Freehold.

Features

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

Basic Information

Date Listed Jun 25, 2018
Updated 3 years ago
Property Type Villa
Storeys 2
Location Si Sunthon, Phuket
Bedrooms 4
Nearest Landmark Kamala Beach -7.1 Km
Indoor Area 1,280 SqM
Price per SqM ฿52,734
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 900 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
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.

Leasehold
Land Title Deed N/A
Construction Completed (May 2019)
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 M2 Type
Parking Spots 3
Pool Size 12m
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.
฿18,000/mo
Listed By
Developer
Electricity Price Government Rate
Water Price Government Rate
Unit ID U78279

Price Analysis

Great Price
Estimated market value ฿77,810,326
Great
฿75,000,000
Good
Fair
Above
฿81,000,000
Current asking Price: ฿67,500,000 | Rental estimate: ฿610,000/mo
This villa is ฿10,310,326 BELOW MARKET (-13%) 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

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.
฿18,000/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.
9
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.
11%

Project Details

Project Name: Manick Hillside
Construction: Completed (Jan 2018)
Units: 15
Project Area: 14,400 SqM
Nearest Landmark Kamala Beach - 7.1 Km
Location: Si Sunthon, Phuket
Manick Hillside Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
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Available Units at Manick Hillside

For Sale 4 For Rent 2
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Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
2%
1st Installment
Upon contract signing
33%
2nd Installment
FINISHED FOUNDATION POSTS
15%
3rd Installment
FINISHED CONCRETE STRUCTURE
15%
4th Installment
FINISHED WALLS AND DOOR FRAMES
15%
5th Installment
FINISHEED FLOORS, BUILT IN FURNITURE, PAINITNG, DOORS AND WINDOWS
15%
6th Installment
On handover
5%

Frequently Asked Questions

All kind of pets are allowed at Manick Hillside including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is ฿20 per square meter based on the plot size of the property and is ฿18,000 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 Manick Hillside the required payment for the sinking fund is ฿100,000 per square meter based on the size of the plot size of the property.
Kamala Beach is the nearest Beach from Manick Hillside and it is 7.1 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 Manick Hillside you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer
Installment Milestone Payment
Reservation Deposit
Immediately
2%
1st Installment
Upon contract signing
33%
2nd Installment
FINISHED FOUNDATION POSTS
15%
3rd Installment
FINISHED CONCRETE STRUCTURE
15%
4th Installment
FINISHED WALLS AND DOOR FRAMES
15%
5th Installment
FINISHEED FLOORS, BUILT IN FURNITURE, PAINITNG, DOORS AND WINDOWS
15%
6th Installment
On handover
5%


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
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The atmosphere is good, suitable for relaxing.
Piyawat M., Thailand, 3 years ago
I had a chance to visit Manick Hillside a few days ago. The site is quiet and peaceful as it is away from the city's bustle, yet you can reach all -conveniences. The project's entrance is easy to find. The villas are available in many sizes, from 3 to 5 bedrooms which gives us good options. I chose the 3-bed one which is compact and suitable for my family. The atmosphere is perfect overlooking mountains so we can fully relax. Totally, the place is perfect, comfy for living, private and easy to travel. I would recommend this to anyone looking for a villa as it's absolutely worth the money.
Good weather, relaxing atmosphere
Arlette Vess, France, 4 years ago
An impressive villa to stay surrounded by the beautiful scenery of mountains. The atmosphere is nice and good to sip a glass of coffee. The villa is spacious, accommodating many people as the bedrooms range to 5 bedrooms. The villa interior and exterior are beautifully decorated with equipped usable appliances. There is also a private pool and car parking spaces. Love it so much!!
Phuket
Si Sunthon

Neighborhood Overview

Location and Neighborhood

Street View

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