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    3 Bedroom House for sale at Phanason Villa (Borae)
    Wichit, Phuket Town,Phuket
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    Sale Price
    £103,000
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    3 Bedroom House for sale at Phanason Villa (Borae)

     (Write Review)
    Wichit, Phuket Town,Phuket
    Unit ID: U1955006
    7% Rental Yield
    3 Bedrooms
    3 Bathrooms
    185 SqM Indoor Area
    2 Storeys
    May 2013 Completed
     (Write Review)
    Sale Price
    £103,000
    17

    About This House

    This property is a 185 SqM house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Wichit, Phuket and was completed in May 2013. You can buy this house for a base price of £103,000 (£554/SqM) and it is also available for long term rentals starting from £638 per month.

    Features

    Covered ParkingCovered Parking Washing MachineWashing Machine MicrowaveMicrowave TVTV

    Basic Information

    Date Listed Oct 24, 2024
    Updated 4 weeks ago
    Property Type House
    Storeys 2
    Location Wichit, Phuket
    Bedrooms 3
    Nearest Landmark N/A
    Indoor Area 185 SqM
    Price per SqM £554
    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 144 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
    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 Chanote
    Construction Completed (May 2013)
    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) N/A
    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.
    N/A
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1955006

    Investment Opportunity: Charges & Yield

    Sale Price
    £103,000
    Rent
    £638/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. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
    7%

    Project Details

    Project Name: Phanason Villa (Borae)
    Developer: Phanason Properties
    Construction: Completed (May 2017)
    Units: 602
    Project Area: N/A
    Nearest Landmark N/A
    Location: Wichit, Phuket
    Phanason Villa (Borae) Project Details

    Project Features

    24H Security 24H Security
    Communal Garden Area Communal Garden Area

    Available Units at Phanason Villa (Borae)

    For Sale 6 For Rent 1
    • All
    • 2 Beds
    • 3 Beds
    Get notified when new homes are being added to Phanason Villa (Borae)
    View All (6)

    Loan Calculator

    Frequently Asked Questions

    All kind of pets are allowed at Phanason Villa (Borae) including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.

    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 Phanason Villa (Borae) 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
    Wichit

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