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    3 Bedroom Townhouse for sale at Phuket@Town 1
    Talat Yai, Phuket Town,Phuket
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    Sale Price
    £109,000 £116,000
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    3 Bedroom Townhouse for sale at Phuket@Town 1

    (1 Review)
    Talat Yai, Phuket Town,Phuket
    Unit ID: U226906
    5% Rental Yield
    3 Bedrooms
    3 Bathrooms
    162 SqM Indoor Area
    3 Storeys
    Jan 2010 Completed
    (1 Review)
    Sale Price
    £109,000
    £116,000
    11

    About This Townhouse

    This property is a 162 SqM townhouse with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Talat Yai, Phuket and was completed in Jan 2010. You can buy this townhouse for a base price of £109,000 (£675/SqM) and it is also available for long term rentals starting from £417 per month.

    Features

    Private GardenPrivate Garden Covered ParkingCovered Parking Maids QuartersMaids Quarters BalconyBalcony

    Basic Information

    Date Listed Nov 11, 2019
    Updated 4 years ago
    Property Type Townhouse
    Storeys 3
    Location Talat Yai, Phuket
    Bedrooms 3
    Nearest Landmark Phuket Bus Terminal 1 -0.7 Km
    Indoor Area 162 SqM
    Price per SqM £675
    Outdoor Area
    This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
    30 SqM
    Plot Size 80.40 SqM
    Pets Not Allowed
    Townhouse Ownership

    Foreign nationals can own the building (townhouse) 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 (Jan 2010)
    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) Garden View, Blocked View
    Unit Type N/A
    Parking Spots 3
    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 U226906

    Investment Opportunity: Charges & Yield

    Sale Price
    £109,000
    Rent
    £417/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.
    22
    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.
    5%

    Project Details

    Project Name: Phuket@Town 1
    Developer: Sittarom Development Co., Ltd.
    Construction: Completed (Jan 2010)
    Units: 111
    Project Area: N/A
    Nearest Landmark Phuket Bus Terminal 1 - 0.7 Km
    Location: Talat Yai, Phuket
    Phuket@Town 1 Project Details

    Project Features

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

    Available Units at Phuket@Town 1

    For Sale 3 For Rent 2
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    • 3 Beds
    Get notified when new homes are being added to Phuket@Town 1
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    Frequently Asked Questions

    Phuket Bus Terminal 1 is the nearest Bus Terminal from Phuket@Town 1 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 Phuket@Town 1 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

    3.7 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Suitable for family living.
    Peerawut R., Thailand, 7 years ago
    This townhome is very peaceful and has a shady atmosphere. There is a pool, a fitness center, and a garden for people to spend their leisure time together. The neighbors are lovely. Most of them are from the neighboring provinces. My home is a three-story townhouse with three bedrooms. I bought this house and found out that the previous owner took excellent care of it, and the house also is fully furnished. Affordable price!!! The location is perfect, close to the old bus station, Kaset Market, Robinson, and Phuket Grocery.
    Phuket
    Talat Yai

    Neighborhood Overview

    Location and Neighborhood

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