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    3 Bedroom Villa for sale at The Indy 2
    Ko Kaeo, Phuket Town,Phuket
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    Sale Price
    £203,000
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    3 Bedroom Villa for sale at The Indy 2

     (Write Review)
    Ko Kaeo, Phuket Town,Phuket
    Unit ID: U1955203
    4% Rental Yield
    3 Bedrooms
    2.5 Bathrooms
    196 SqM Indoor Area
    2 Storeys
    Jan 2010 Completed
     (Write Review)
    Sale Price
    £203,000
    31

    About This Villa

    This property is a 196 SqM villa with 3 bedrooms and 2.5 bathrooms that is available for sale. It is part of the project in Ko Kaeo, Phuket and was completed in Jan 2010. You can buy this villa for a base price of £203,000 (£1,030/SqM).

    3-Bedroom House near British International School

    This beautifully designed 3-bedroom home spans 196 Sqm on a 251 Sqm plot, offering modern luxury and convenience. Located just a short walk from the prestigious British International School Phuket (BISP), this property is ideal for investors, with high demand for rentals in the area. The house comes fully furnished, including appliances, and each room is equipped with air conditioning, ensuring comfort and ease for both residents and guests. The surrounding area is flood-free, enhancing the safety and security of your investment. Inside, you'll find spacious living areas with a large lounge and dining room, perfect for entertaining or relaxing. The fully equipped kitchen is ready for culinary creations, while a large home office doubles as a soundproof recording studio or creative space, catering to diverse needs. The exterior features an established tropical garden and an outside storage room, all within a secure, well-maintained estate. This home offers both a peaceful living environment and the opportunity for strong rental returns.  Key Features: - 3 bedrooms - 2.5 bathrooms - Spacious lounge and dining room - Fully equipped kitchen - Large home office / soundproof recording studio / creative space - Outside storage room - Established tropical garden - Secure, well-maintained estate - High rental demand location near BISP - Free furniture and appliances included - Air conditioners in all rooms - Flood-free area

    Features

    Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Full Western KitchenFull Western Kitchen Washing MachineWashing Machine OvenOven TVTV

    Basic Information

    Date Listed Oct 28, 2024
    Updated 3 weeks ago
    Property Type Villa (Single Detached)
    Storeys 2
    Location Ko Kaeo, Phuket
    Bedrooms 3
    Nearest Landmark Laem Hin Seafood -4.6 Km
    Indoor Area 196 SqM
    Price per SqM £1,030
    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 251 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.

    Company
    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 Completed (Jan 2010)
    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) Garden 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 N/A
    Water Price N/A
    Unit ID U1955203

    Investment Opportunity: Charges & Yield

    Sale Price
    £203,000
    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.
    26
    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 villas at The Indy 2, and the current sales price.
    4%

    Project Details

    Project Name: The Indy 2
    Developer: N/A
    Construction: Completed (Jan 2015)
    Units: 70
    Project Area: N/A
    Nearest Landmark Laem Hin Seafood - 4.6 Km
    Location: Ko Kaeo, Phuket
    The Indy 2 Project Details

    Project Features

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

    Available Units at The Indy 2

    For Sale 1 For Rent 3
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    • 3 Beds
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    Frequently Asked Questions

    All kind of pets are allowed at The Indy 2 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    Laem Hin Seafood is the nearest Restaurant from The Indy 2 and it is 4.6 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 The Indy 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

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    Phuket
    Ko Kaeo

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