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    2 Bedroom Villa for sale at Villa Onyx Kokyang Estate Phase 2
    Rawai, Phuket Town,Phuket
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    Sale Price
    £220,000
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    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
     (Write Review)
    Sale Price
    £220,000
    25

    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 £220,000 (£1,430/SqM).

    Features

    Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking TVTV

    Basic Information

    Date Listed Oct 10, 2023
    Updated 2 weeks 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 £1,430
    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.
    £51/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1678248

    Investment Opportunity: Charges & Yield

    Sale Price
    £220,000
    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.
    £51/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

    Project Name: Villa Onyx Kokyang Estate Phase 2
    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
    • All
    • 2 Beds
    • 3 Beds
    Get notified when new homes are being added to Villa Onyx Kokyang Estate Phase 2
    View All (3)

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    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

    Reviews

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    Phuket
    Rawai

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