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    3 Bedroom House for sale at Phuket Villa Chaofah 2
    Wichit, Phuket Town,Phuket
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    Sale Price
    £137,000
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    3 Bedroom House for sale at Phuket Villa Chaofah 2

    (1 Review)
    Wichit, Phuket Town,Phuket
    Unit ID: U1968594
    7% Rental Yield
    3 Bedrooms
    2 Bathrooms
    200 SqM Indoor Area
    1 Storeys
    Jan 2014 Completed
    (1 Review)
    Sale Price
    £137,000
    6

    About This House

    This property is a 200 SqM house with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Wichit, Phuket and was completed in Jan 2014. You can buy this house for a base price of £137,000 (£684/SqM).

    3 Bedroom House for sale at Phuket Villa Chaofah 2

    This single home in Phuket Villa Chaofah 2 with comfortable and modern living experience with a thoughtfully designed 200 sqm. The property includes 3 bedrooms, 2 bathrooms, a welcoming living room, and a garage with space for 2 cars. Perfectly located in the vibrant Wichit area on Chaofa West Road, this house provides convenient access to essential amenities and popular destinations, including King Power Phuket, Central Festival Phuket, Dibuk Hospital, and Kajonkiet Pattana School.

    Basic Information

    Date Listed Nov 13, 2024
    Updated 1 month ago
    Property Type House
    Storeys 1
    Location Wichit, Phuket
    Bedrooms 3
    Nearest Landmark Central Festival Phuket -2.3 Km
    Indoor Area 200 SqM
    Price per SqM £684
    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 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.

    N/A
    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 N/A
    Construction Completed (Jan 2014)
    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 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 U1968594

    Investment Opportunity: Charges & Yield

    Sale Price
    £137,000
    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.
    14
    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 Phuket Villa Chaofah 2, and the current sales price.
    7%

    Project Details

    Project Name: Phuket Villa Chaofah 2
    Developer: Villa Property
    Construction: Completed (Jan 2014)
    Units: 699
    Project Area: N/A
    Nearest Landmark Central Festival Phuket - 2.3 Km
    Location: Wichit, Phuket
    Phuket Villa Chaofah 2 Project Details

    Project Features

    Communal Pool Communal Pool
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Communal Garden Area Communal Garden Area

    Available Units at Phuket Villa Chaofah 2

    For Sale 3 For Rent 15
    • All
    • 3 Beds
    • 5 Beds
    Get notified when new homes are being added to Phuket Villa Chaofah 2
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    Frequently Asked Questions

    All kind of pets are allowed at Phuket Villa Chaofah 2 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    Central Festival Phuket is the nearest Shopping Mall from Phuket Villa Chaofah 2 and it is 2.3 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 Phuket Villa Chaofah 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

    4.2 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Location is perfect, and comfort environtment
    Josie Louis, France, 5 years ago
    New housing projects. The premises are in a fantastic place, right in the heart of the city. All amenities are nearby, including Central Festival Phuket, Big C, which is only a 5-minute drive, and Kajonkiet Pattana School, which is right next to the project. Besides, the location allows easy traveling. It has a wide four-lane road where the cars aren't too crowded. The project has a strict security system. There is a swimming pool and parks. My house has three bedrooms in a detached type with an extensive space. However, it is not furnished. The house is surrounded by a small garden, and is pet-friendly. Also, the neighbors are friendly, and most of them are Thai.
    Phuket
    Wichit

    Neighborhood Overview

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