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    3 Bedroom Villa for sale at LuxPride by Wallaya Villas
    Si Sunthon, Thalang,Phuket
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    Sale Price
    £510,000
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    3 Bedroom Villa for sale at LuxPride by Wallaya Villas

    (1 Review)
    Si Sunthon, Thalang,Phuket
    Unit ID: U1876652
    11% Rental Yield
    3 Bedrooms
    3 Bathrooms
    380 SqM Indoor Area
    2 Storeys
    Mar 2024 Completed
    (1 Review)
    Sale Price
    £510,000
    27

    About This Villa

    This property is a 380 SqM villa with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Si Sunthon, Phuket and was completed in Mar 2024. You can buy this villa for a base price of £510,000 (£1,340/SqM) and it is also available for long term rentals starting from £4,640 per month.

    Brand New Pool Villa near Laguna

    Features

    Private PoolPrivate Pool Rooftop TerraceRooftop Terrace Private GardenPrivate Garden TerraceTerrace BalconyBalcony Wifi IncludedWifi Included Full Western KitchenFull Western Kitchen BathtubBathtub Washing MachineWashing Machine MicrowaveMicrowave OvenOven TVTV Cable TVCable TV

    Basic Information

    Date Listed Jun 18, 2024
    Updated 6 months ago
    Property Type Villa (Single Detached)
    Storeys 2
    Location Si Sunthon, Phuket
    Bedrooms 3
    Nearest Landmark Bang Tao Beach -3.7 Km
    Indoor Area 380 SqM
    Price per SqM £1,340
    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 380 SqM
    Pets All Kind of Pets Allowed
    Villa Ownership

    Foreign nationals can own the building (villa) 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.

    Thai Ownership, Leasehold
    Land Title Deed Chanote
    Construction Completed (Mar 2024)
    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) City View, Pool View, Garden 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.
    £176/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1876652

    Investment Opportunity: Charges & Yield

    Sale Price
    £510,000
    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.
    £176/mo
    Rent
    £4,640/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.
    9
    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.
    11%

    Project Details

    Project Name: LuxPride by Wallaya Villas
    Developer: Wallaya Villas
    Construction: Completed (Oct 2023)
    Units: 19
    Project Area: 4,800 SqM
    Nearest Landmark Bang Tao Beach - 3.7 Km
    Location: Si Sunthon, Phuket
    LuxPride by Wallaya Villas Project Details

    Project Features

    Communal Gym Communal Gym
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Reception / Lobby Area Reception / Lobby Area
    Communal Garden Area Communal Garden Area

    Available Units at LuxPride by Wallaya Villas

    For Sale 8 For Rent 3
    • All
    • 3 Beds
    • 4 Beds
    Get notified when new homes are being added to LuxPride by Wallaya Villas
    View All (8)

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    Frequently Asked Questions

    All kind of pets are allowed at LuxPride by Wallaya Villas including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    The common area maintenance fee is £0 per square meter based on the plot size of the property and is £176 for this villa. This fee has to be paid by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
    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 LuxPride by Wallaya Villas the required payment for the sinking fund is £12 per square meter based on the size of the plot size of the property.
    Bang Tao Beach is the nearest Beach from LuxPride by Wallaya Villas and it is 3.7 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 LuxPride by Wallaya 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
    £4,640
    1st Installment
    Upon contract signing
    30%
    2nd Installment
    Super Structure
    30%
    3rd Installment
    Topping Out
    20%
    4th Installment
    On handover
    20%


    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
    The new villa development near Blue Tree
    Dylan O., United States, 2 years ago
    This project is a new development from Wallaya Villas. From what I have seen on the project website, I can say that the concept is amazing. The villas are designed in a modern minimalist style blending traditional Thai. It looks so beautiful. As for the living area, it is allocated quite wide for the whole family to live comfortably. The living area is 377 square meters, with 3 bedrooms, 3 bathrooms, and a swimming pool. The project is located in a quite deep alley. The atmosphere is quite peaceful and close to nature. But in the nearby area, there is a complete range of amenities, as well as the Blue Tree is only 2 kilometers away.
    Phuket
    Si Sunthon

    Neighborhood Overview

    Location and Neighborhood

    Street View

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