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    3 Bedroom House for sale at Aroonpat Patong Phuket
    Patong, Kathu,Phuket
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    Sale Price
    £365,000
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    3 Bedroom House for sale at Aroonpat Patong Phuket

     (Write Review)
    Patong, Kathu,Phuket
    Unit ID: U1868140
    5% Rental Yield
    3 Bedrooms
    5 Bathrooms
    300 SqM Indoor Area
    2 Storeys
    Jun 2008 Completed
     (Write Review)
    Sale Price
    £365,000
    5

    About This House

    This property is a 300 SqM house with 3 bedrooms and 5 bathrooms that is available for sale. It is part of the project in Patong, Phuket and was completed in Jun 2008. You can buy this house for a base price of £365,000 (£1,220/SqM).

    Features

    Beach AccessBeach Access Private PoolPrivate Pool Rooftop TerraceRooftop Terrace Private GardenPrivate Garden TerraceTerrace Maids QuartersMaids Quarters DuplexDuplex BalconyBalcony Fully RenovatedFully Renovated (2015) Renovated KitchenRenovated Kitchen (2018)

    Basic Information

    Date Listed Jun 12, 2024
    Updated 4 months ago
    Property Type House (Single Detached)
    Storeys 2
    Location Patong, Phuket
    Bedrooms 3
    Nearest Landmark Malin Plaza -0.7 Km
    Indoor Area 300 SqM
    Price per SqM £1,220
    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 N/A
    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
    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 Nor Sor 3 Gor
    Construction Completed (Jun 2008)
    Furniture
    Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
    Partly Furnished
    View(s) Mountain View, Pool View, Garden View
    Unit Type N/A
    Parking Spots 2
    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.
    N/A
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1868140

    Investment Opportunity: Charges & Yield

    Sale Price
    £365,000
    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.
    19
    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 3 bedroom houses at Aroonpat Patong Phuket, and the current sales price.
    5%

    Project Details

    Project Name: Aroonpat Patong Phuket
    Developer: Thanapat Property Development
    Construction: Completed (Jun 2008)
    Units: 40
    Project Area: N/A
    Nearest Landmark Malin Plaza - 0.7 Km
    Location: Patong, Phuket
    Aroonpat Patong Phuket Project Details

    Project Features

    Communal Garden Area Communal Garden Area

    Available Units at Aroonpat Patong Phuket

    For Sale 2 For Rent 1
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    • 3 Beds
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    Frequently Asked Questions

    Malin Plaza is the nearest Market from Aroonpat Patong Phuket and it is 0.7 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 Aroonpat Patong Phuket 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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