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    3 Bedroom House for sale at Wilawan Luxury Villas
    Thep Krasattri, Thalang,Phuket
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    Sale Price
    £421,000
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    3 Bedroom House for sale at Wilawan Luxury Villas

    (1 Review)
    Thep Krasattri, Thalang,Phuket
    Unit ID: U1876492
    15% Rental Yield
    3 Bedrooms
    2 Bathrooms
    244 SqM Indoor Area
    1 Storeys
    12 Months Made To Order
    (1 Review)
    Sale Price
    £421,000
    12

    About This House

    This property is a 244 SqM house with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Thep Krasattri, Phuket and will be built within 12 months of purchase. You can buy this house for a base price of £421,000 (£1,730/SqM).

    Features

    Private PoolPrivate Pool Pool AccessPool Access Covered ParkingCovered Parking BathtubBathtub TVTV

    Basic Information

    Date Listed Jun 20, 2024
    Updated 5 months ago
    Property Type House (Single Detached)
    Storeys 1
    Location Thep Krasattri, Phuket
    Bedrooms 3
    Nearest Landmark Layan Beach -4.4 Km
    Indoor Area 244 SqM
    Price per SqM £1,730
    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 296 SqM
    Pets Not Allowed
    House Ownership

    Foreign nationals can own the building (house) in their own name, but not the land that it stands on.

    Foreign 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.

    Company
    Land Title Deed Chanote
    Construction Made To Order (12 Months)
    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
    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 Government Rate
    Water Price Government Rate
    Unit ID U1876492

    Investment Opportunity: Charges & Yield

    Sale Price
    £421,000
    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.
    7
    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 Wilawan Luxury Villas, and the current sales price.
    15%

    Project Details

    Project Name: Wilawan Luxury Villas
    Developer: Wilawan Greenplace Co., Ltd.
    Construction: Made To Order (12 Months)
    Units: 15
    Project Area: 8,000 SqM
    Nearest Landmark Layan Beach - 4.4 Km
    Location: Thep Krasattri, Phuket
    Wilawan Luxury Villas Project Details

    Project Features

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

    Available Units at Wilawan Luxury Villas

    For Sale 4 For Rent 1
    • All
    • 3 Beds
    Get notified when new homes are being added to Wilawan Luxury Villas
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    Frequently Asked Questions

    No pets are allowed at Wilawan Luxury Villas unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
    For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At Wilawan Luxury Villas the required payment for the sinking fund is £2,280 per square meter based on the size of the plot size of the property.
    Layan Beach is the nearest Beach from Wilawan Luxury Villas and it is 4.4 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 Wilawan Luxury Villas you have to follow these steps:

    • - Agreement of terms and conditions
    • - Reservation Agreement
    • - Reservation Deposit
    • - Sales and Purchase Agreement
    • - Settlement & Transfer
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    2%
    2nd Installment
    Upon contract signing
    28%
    3rd Installment
    Foundation post
    15%
    4th Installment
    Finished concrete structure and roof structure
    15%
    5th Installment
    Finished wall
    15%
    6th Installment
    Finished floor finishing door & window frame and Paint
    15%
    7th Installment
    On handover
    10%


    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

    5 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    I like it here
    James B., United Kingdom, 3 years ago
    I found this villa on the website and loved it. It is a pool villa project built to order in a tropical style. The villa is beautiful and modern and comes with 3 bedrooms, 3 bathrooms, a swimming pool, and a living area. It is a very spacious villa with a romantic atmosphere. An open-plan living room has a nice view of the beautiful sky, pool, and garden. The price is also reasonable. The project is in a quiet location, and offers a security system 24-hour a day. Fantastic atmosphere! It takes less than 15 minutes to drive to Nai Yang and Naithon beaches.
    Phuket
    Thep Krasattri

    Neighborhood Overview

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