2 Bedroom House for sale at The Rich Villas @Palai

 (Write Review)
Chalong, Phuket Town,Phuket
Unit ID: U1855032
8% Rental Yield
2 Bedrooms
2 Bathrooms
87 SqM Indoor Area
1 Storeys
May 2023 Completed

About This House

This property is a 87 SqM house with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Chalong, Phuket and was completed in May 2023. You can buy this house for a base price of £108,000 (£1,240/SqM).

2 Bedroom Townhouse for sale at The Rich Villas @Palai

🔺in operation since September 2023, new guarded complex 🔺stylish renovation, quiet area, nice neighbors 🔺all necessary furniture, treadmill, appliances, decorative elements remain on sale 🔺swimming pool on site 🔶4 minutes BCIS international school 🔶The necessary infrastructure is within walking distance: shops, pharmacies, a shopping center, gyms, massage parlors, healthy food establishments, sports clubs

Features

Covered ParkingCovered Parking BalconyBalcony Full Western KitchenFull Western Kitchen

Basic Information

Date Listed May 30, 2024
Updated 5 months ago
Property Type House
Storeys 1
Location Chalong, Phuket
Bedrooms 2
Nearest Landmark Phuket Zoo -0.6 Km
Indoor Area 87 SqM
Price per SqM £1,240
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
20 SqM
Plot Size 107 SqM
Pets All Kind of Pets Allowed
House Ownership

Foreign nationals can own the building (house) in their own name, but not the land that it stands on.

Thai Ownership, Leasehold
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.

Thai Ownership, Leasehold
Land Title Deed Chanote
Construction Completed (May 2023)
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) Unblocked Open View
Unit Type N/A
Parking Spots 1
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.
£19/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1855032

Investment Opportunity: Charges & Yield

Sale Price
£108,000
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.
£19/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.
13
Rental Yield
This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 2 bedroom houses at The Rich Villas @Palai, and the current sales price.
8%

Project Details

Project Name: The Rich Villas @Palai
Developer: N/A
Construction: Completed (May 2023)
Units: 28
Project Area: N/A
Nearest Landmark Phuket Zoo - 0.6 Km
Location: Chalong, Phuket
The Rich Villas @Palai Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)

Available Units at The Rich Villas @Palai

For Sale 1 For Rent 27
Get notified when new homes are being added to The Rich Villas @Palai
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Frequently Asked Questions

All kind of pets are allowed at The Rich Villas @Palai including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Phuket Zoo is the nearest Tourist Attraction from The Rich Villas @Palai 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 The Rich Villas @Palai 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

Reviews

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Phuket
Chalong

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Rich Villas @Palai

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Location
Chalong, Phuket Town, Phuket
Number of units
398
Sales Prices
£58.7K - £202K
Monthly Rentals
N/A
Year Built
Dec 2026
Completion Status
Off Plan
Project Name
Lavish Estates
Location
Chalong, Phuket Town, Phuket
Number of units
13
Sales Prices
£1.23M
Monthly Rentals
N/A
Year Built
Dec 2025
Completion Status
Off Plan
Location
Chalong, Phuket Town, Phuket
Number of units
566
Sales Prices
£129K - £284K
Monthly Rentals
£1.93K
Year Built
Jul 2008
Completion Status
Completed
Location
Chalong, Phuket Town, Phuket
Number of units
20
Sales Prices
£250K - £318K
Monthly Rentals
£2.27K
Year Built
Aug 2025
Completion Status
Off Plan
Project Name
Suriyaporn Place
Location
Chalong, Phuket Town, Phuket
Number of units
143
Sales Prices
£136K - £270K
▼ -46% underpriced
Monthly Rentals
N/A
Year Built
Jan 2017
Completion Status
Completed
Location
Chalong, Phuket Town, Phuket
Number of units
8
Sales Prices
£556K - £715K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Made To Order
Project Name
Chaofah KT Nabon
Location
Chalong, Phuket Town, Phuket
Number of units
N/A
Sales Prices
£70.2K - £270K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Location
Chalong, Phuket Town, Phuket
Number of units
111
Sales Prices
£111K
Monthly Rentals
N/A
Year Built
Jan 2012
Completion Status
Completed
Project Name
The 8 Pool Villa
Location
Chalong, Phuket Town, Phuket
Number of units
80
Sales Prices
£177K - £354K
▲ 4% overpriced
Monthly Rentals
£1.36K - £1.82K
Year Built
Aug 2021
Completion Status
Completed
Project Name
The Bliss Palai
Location
Chalong, Phuket Town, Phuket
Number of units
N/A
Sales Prices
£88.3K - £179K
Monthly Rentals
N/A
Year Built
Oct 2023
Completion Status
Completed
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