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    4 Bedroom Villa for sale at Cherng Lay Villas and Condominium
    Choeng Thale, Thalang,Phuket
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    Sale Price
    £731,000
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    4 Bedroom Villa for sale at Cherng Lay Villas and Condominium

    (1 Review)
    Choeng Thale, Thalang,Phuket
    Unit ID: U1417338
    8% Rental Yield
    4 Bedrooms
    4 Bathrooms
    380 SqM Indoor Area
    1 Storeys
    Jan 2011 Completed
    (1 Review)
    Sale Price
    £731,000
    39

    About This Villa

    This property is a 380 SqM villa with 4 bedrooms and 4 bathrooms that is available for sale. It is part of the project in Choeng Thale, Phuket and was completed in Jan 2011. You can buy this villa for a base price of £731,000 (£1,920/SqM) and it is also available for long term rentals starting from £5,020 per month.

    Features

    Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Corner UnitCorner Unit Wifi IncludedWifi Included Full Western KitchenFull Western Kitchen Fully RenovatedFully Renovated (2017) Washing MachineWashing Machine MicrowaveMicrowave OvenOven TVTV Gardening IncludedGardening Included Pool Cleaning IncludedPool Cleaning Included

    Basic Information

    Date Listed May 31, 2023
    Updated 5 months ago
    Property Type Villa (Single Detached)
    Storeys 1
    Location Choeng Thale, Phuket
    Bedrooms 4
    Nearest Landmark Bang Tao Beach -2.4 Km
    Indoor Area 380 SqM
    Price per SqM £1,920
    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 1,041 SqM
    Pets Not 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.

    Leasehold
    Land Title Deed N/A
    Construction Completed (Jan 2011)
    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 4
    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.
    £130,000/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1417338

    Investment Opportunity: Charges & Yield

    Sale Price
    £731,000
    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.
    £130,000/mo
    Rent
    £5,020/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.
    12
    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.
    8%

    Project Details

    Project Name: Cherng Lay Villas and Condominium
    Developer: Phuket Asia Land
    Construction: Completed (Jan 2010)
    Units: 17
    Project Area: N/A
    Nearest Landmark Bang Tao Beach - 2.4 Km
    Location: Choeng Thale, Phuket
    Cherng Lay Villas and Condominium Project Details

    Project Features

    Communal Pool Communal Pool
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Communal Garden Area Communal Garden Area

    Popular Facilities at Cherng Lay Villas and Condominium

    • All
    • Leisure
    3
    • Communal Pool
      Ground Floor
    • Communal Garden Area
      Ground Floor

    Available Units at Cherng Lay Villas and Condominium

    For Sale 4 For Rent 3
    • All
    • 2 Beds
    • 3 Beds
    • 4 Beds
    Get notified when new homes are being added to Cherng Lay Villas and Condominium
    View All (4)

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    Frequently Asked Questions

    No pets are allowed at Cherng Lay Villas and Condominium unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
    The common area maintenance fee is £2 per square meter based on the size of indoor area of the property and is £130,000 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 Cherng Lay Villas and Condominium the required payment for the sinking fund is £7 per square meter based on the size of the indoor area of the property.
    Bang Tao Beach is the nearest Beach from Cherng Lay Villas and Condominium and it is 2.4 km away.

    Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.

    In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name.  The ownership titles of these 49 units is referred to as Freehold or Foreign Quota. 

    This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.

     

    Read more here

    After you have found the right property at Cherng Lay Villas and Condominium you have to follow these steps:

    • - Agreement of terms and conditions
    • - Reservation Agreement
    • - Reservation Deposit
    • - Sales and Purchase Agreement
    • - Settlement & Transfer

     


    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

    4.2 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Peaceful and privacy
    Pun Panalee, Thailand, 6 years ago
    This project is very peaceful and highly private. It's a perfect vacation home that I can get away from winter in my homeland every year. The project is in a residential area. No tall buildings surrounding, so there is nothing to block the view at all. There is a large pond in front of the project making me feel like staying in a resort. The service is just GREAT! The staff helps me with everything, and the maids are also friendly. I live with my wife in a 2-bedroom unit, which is very spacious and fully-furnished like a single-detached home. It's well-decorated, airy, and clean. The balcony is huge. I love it a lot even though the project is far from the beach. Plus, there is no local amenity within walking distance. But if you drive a little further, you can find everything you want there, such as shopping centers, supermarkets, international restaurants, convenience stores, and the beach.
    Phuket
    Choeng Thale

    Neighborhood Overview

    Location and Neighborhood

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