2 Bedroom Villa for sale at Villa Onyx Kokyang Estate Phase 2

 (Write Review)
Rawai, Phuket Town,Phuket
Unit ID: U1678248
12% Rental Yield
2 Bedrooms
2 Bathrooms
154 SqM Indoor Area
Jan 2009 Completed

About This Villa

This property is a 154 SqM villa with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Rawai, Phuket and was completed in Jan 2009. You can buy this villa for a base price of £217,000 (£1,410/SqM).

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking TVTV

Basic Information

Date Listed Oct 10, 2023
Updated 1 year ago
Property Type Villa (Single Detached)
Storeys N/A
Location Rawai, Phuket
Bedrooms 2
Nearest Landmark Rawai Beach -1.2 Km
Indoor Area 154 SqM
Price per SqM £1,410
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 218 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.

Thai 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.

Thai Ownership
Land Title Deed N/A
Construction Completed (Jan 2009)
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) Pool View, Garden View
Unit Type N/A
Parking Spots N/A
Pool Size 3m x 13m
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.
£50/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1678248

Investment Opportunity: Charges & Yield

Sale Price
£217,000
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.
£50/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.
8
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 villas at Villa Onyx Kokyang Estate Phase 2, and the current sales price.
12%

Project Details

Developer: N/A
Construction: Completed (Mar 2013)
Units: 19
Project Area: N/A
Nearest Landmark Rawai Beach - 1.2 Km
Location: Rawai, Phuket
Villa Onyx Kokyang Estate Phase 2 Project Details

Project Features

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

Available Units at Villa Onyx Kokyang Estate Phase 2

For Sale 3 For Rent 3
Get notified when new homes are being added to Villa Onyx Kokyang Estate Phase 2
View All (3)

Loan Calculator

Frequently Asked Questions

All kind of pets are allowed at Villa Onyx Kokyang Estate Phase 2 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Rawai Beach is the nearest Beach from Villa Onyx Kokyang Estate Phase 2 and it is 1.2 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 Onyx Kokyang Estate Phase 2 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

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Phuket
Rawai

Neighborhood Overview

Location and Neighborhood

Street View

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