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    3 Bedroom Villa for sale at The Menara Hills
    Si Sunthon, Thalang,Phuket
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    Sale Price
    £570,000
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    3 Bedroom Villa for sale at The Menara Hills

    (1 Review)
    Si Sunthon, Thalang,Phuket
    Unit ID: U1372736
    8% Rental Yield
    3 Bedrooms
    4 Bathrooms
    324 SqM Indoor Area
    1 Storeys
    Dec 2022 Completed
    (1 Review)
    Sale Price
    £570,000
    36

    About This Villa

    This property is a 324 SqM villa with 3 bedrooms and 4 bathrooms that is available for sale. It is part of the project in Si Sunthon, Phuket and was completed in Dec 2022. You can buy this villa for a base price of £570,000 (£1,760/SqM).

    The Menara Hill Luxury Pool Villa

    The Menara Hill Luxury Pool Villas development is currently under construction with phase 1 comprising six modern Moroccan inspired luxury pool villas set in peaceful, tranquil surroundings and within easy reach of schools, shops, restaurants, bars and the beach. Work has already started on the first villas with some units already sold. Very peaceful location amongst fields, trees, hills and nature. 3 bedrooms, 4 bathrooms, parking for 2 cars, 3.5x8m private pool and 24hr security. You will enjoy a comfortable stay with a touch of Middle Eastern culture mixed with modern contemporary. The decoration is simple and bright with a glass door to a balcony, a swimming pool, and a garden to enjoy the days relaxing. The outdoor area has a spiral staircase connecting to an indoor rooftop terrace overlooking the pool where the residents can also enjoy a stunning view of nature. The villa project is located in Si Sunthon in a good potential business area and it takes a short time to many attractions such as shopping malls, sports centres, entertainment Park, white Sandy Beach, Phuket International Airport, and Phuket town. All villas have been architecturally designed to enjoy the stunning uninterrupted views of the serene, natural surroundings and the evening sunsets.

    Features

    Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Full Western KitchenFull Western Kitchen BathtubBathtub MicrowaveMicrowave OvenOven TVTV

    Basic Information

    Date Listed Jan 30, 2023
    Updated 1 year ago
    Property Type Villa (Single Detached)
    Storeys 1
    Location Si Sunthon, Phuket
    Bedrooms 3
    Nearest Landmark Bang Tao Beach -4.4 Km
    Indoor Area 324 SqM
    Price per SqM £1,760
    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 535 SqM
    Pets Cats and Dogs (all sizes)
    Villa Ownership

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

    Thai Ownership, 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 (Dec 2022)
    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, Garden View
    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.
    £148/mo
    Listed By
    Private Owner
    Electricity Price Government Rate
    Water Price Government Rate
    Unit ID U1372736

    Investment Opportunity: Charges & Yield

    Sale Price
    £570,000
    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.
    £148/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.
    13
    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 Menara Hills, and the current sales price.
    8%

    Project Details

    Project Name: The Menara Hills
    Developer: ITL Property
    Construction: Off Plan (Jan 2025)
    Units: 23
    Project Area: 19,200 SqM
    Nearest Landmark Bang Tao Beach - 4.4 Km
    Location: Si Sunthon, Phuket
    The Menara Hills Project Details

    Project Features

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

    Available Units at The Menara Hills

    For Sale 17 For Rent 3
    • All
    • 3 Beds
    • 4 Beds
    • 5 Beds
    Available Units at The Menara Hills
    £798,000
    £1,690/SqM
    Beds 5 Beds
    Baths 5 Baths
    Size 473 SqM Size
    Plot Size 548 SqM Plot Size
    Fully Furnished Mountain View
    Available Units at The Menara Hills
    £570,000
    £1,760/SqM
    Beds 3 Beds
    Baths 4 Baths
    Size 324 SqM Size
    Plot Size 535 SqM Plot Size
    Fully Furnished Pool View
    Updated 1 month ago
    Available Units at The Menara Hills
    £658,000£912,000
    £1,650/SqM
    Beds 3 Beds
    Baths 4 Baths
    Size 400 SqM Size
    Plot Size 560 SqM Plot Size
    Unfurnished Pool View
    Available Units at The Menara Hills
    £909,000
    £1,410/SqM
    Beds 5 Beds
    Baths 5 Baths
    Size 646 SqM Size
    Plot Size 595 SqM Plot Size
    Pool View
    Available Units at The Menara Hills
    £1,140,000
    £1,730/SqM
    Beds 6 Beds
    Baths 5 Baths
    Size 657 SqM Size
    Plot Size 597 SqM Plot Size
    Fully Furnished Mountain View
    Available Units at The Menara Hills
    £570,000
    £1,410/SqM
    Beds 3 Beds
    Baths 4 Baths
    Size 403 SqM Size
    Plot Size 407 SqM Plot Size
    Fully Furnished Pool View
    Available Units at The Menara Hills
    £570,000
    £1,760/SqM
    Beds 3 Beds
    Baths 4 Baths
    Size 324 SqM Size
    Plot Size 535 SqM Plot Size
    Fully Furnished Pool View
    Available Units at The Menara Hills
    £684,000
    £1,500/SqM
    Beds 3 Beds
    Baths 4 Baths
    Size 457 SqM Size
    Plot Size 733 SqM Plot Size
    Unfurnished Pool View
    Available Units at The Menara Hills
    £627,000£864,000
    £1,570/SqM
    Beds 4 Beds
    Baths 5 Baths
    Size 400 SqM Size
    Plot Size 331.74 SqM Plot Size
    Pool View
    Available Units at The Menara Hills
    £798,000
    £1,990/SqM
    Beds 3 Beds
    Baths 4 Baths
    Size 400 SqM Size
    Plot Size 648 SqM Plot Size
    Unfurnished Pool View
    Available Units at The Menara Hills
    £1,250,000
    £3,130/SqM
    Beds 3 Beds
    Baths 3 Baths
    Size 400 SqM Size
    Plot Size 648 SqM Plot Size
    Unfurnished Pool View
    Available Units at The Menara Hills
    £1,170,000
    £1,260/SqM
    Beds 5 Beds
    Baths 5 Baths
    Size 923 SqM Size
    Plot Size 694.40 SqM Plot Size
    Pool View
    Available Units at The Menara Hills
    £638,000£1,060,000
    £1,600/SqM
    Beds 4 Beds
    Baths 5 Baths
    Size 400 SqM Size
    Plot Size 342.89 SqM Plot Size
    Pool View
    Available Units at The Menara Hills
    £672,000£1,170,000
    £1,490/SqM
    Beds 4 Beds
    Baths 5 Baths
    Size 450 SqM Size
    Plot Size 504 SqM Plot Size
    Pool View
    Available Units at The Menara Hills
    £684,000£1,370,000
    £1,520/SqM
    Beds 4 Beds
    Baths 5 Baths
    Size 450 SqM Size
    Plot Size 524 SqM Plot Size
    Pool View
    Available Units at The Menara Hills
    £568,000
    £1,410/SqM
    Beds 3 Beds
    Baths 4 Baths
    Size 403 SqM Size
    Plot Size 407 SqM Plot Size
    Fully Furnished Pool View
    Updated 2 months ago
    Available Units at The Menara Hills
    £957,000
    £1,540/SqM
    Beds 4 Beds
    Baths 6 Baths
    Size 622 SqM Size
    Plot Size 733.32 SqM Plot Size
    Fully Furnished Pool View
    Get notified when new homes are being added to The Menara Hills
    View All (17)

    Loan Calculator

    Frequently Asked Questions

    Dogs, cats and small pets like rabbits, hamsters and guinea pigs are allowed at The Menara Hills.
    The common area maintenance fee for properties at The Menara Hills is a fixed amount of £148. This amount 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 The Menara Hills the required payment for the sinking fund is a fixed amount of £1,480.
    Bang Tao Beach is the nearest Beach from The Menara Hills 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

    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

    After you have found the right property at The Menara Hills you have to follow these steps:

     

    • - Unit selection and agreement of terms and conditions
    • - Reservation Agreement
    • - Reservation Deposit
    • - Sales and Purchase Agreement
    • - 1st Contract Payment
    • - Payment Installments
    • - Snag List
    • - Transfer

    Off Plan (12 Month)
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    1%
    1st Installment
    Within 30 days of reservation deposit payment
    29%
    2nd Installment
    Upon Completion of Pilings & Foundation
    15%
    3rd Installment
    Upon Completion of Main Structure
    15%
    4th Installment
    Upon Completion of Roof, Walls & Partitions
    15%
    5th Installment
    Upon Completion of Floors Tiles and Walls Tiles
    10%
    6th Installment
    Delivery of the house ready for Occupancy
    10%
    7th Installment
    Within 30 days after, the developer notifies the date of registration of transfer of ownership
    5%
    Finished House
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    2%
    1st Installment
    Upon contract signing
    48%
    2nd Installment
    On handover
    50%

    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
    Convenient, near Phuket International Airport
    Harris Biddle, United Kingdom, 3 years ago
    We chose to stay in this place because of the project’s design in a modern Moroccan style. Once we got there, we were impressed and loved it so much. The private pool has the correct size. Amazing! The bedroom and living room are clean and quite spacious. Good surrounding atmosphere by lots of trees, there is a security service and 2 parking lots. The staff is also friendly. The villa is located not far from Bangtao and Layan beaches, also easy to drive to Phuket International Airport within 25-30 minutes. I would recommend it for anyone who loves a private pool villa, convenient, comfortable, and affordable.
    Phuket
    Si Sunthon

    Neighborhood Overview

    Location and Neighborhood

    Street View

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