4 Bedroom Villa for sale at Platinum Residence Park

(1 Review)
Rawai, Phuket Town,Phuket
Unit ID: U1950340
8% Rental Yield
Tenant-Occupied until Jan 5, 2025
4 Bedrooms
3 Bathrooms
240 SqM Indoor Area
2 Storeys
Jun 2014 Completed

About This Villa

This property is a 240 SqM villa with 4 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Rawai, Phuket and was completed in Jun 2014. You can buy this villa for a base price of £239,000 (£997/SqM).

Features

Private PoolPrivate Pool Rooftop TerraceRooftop Terrace TerraceTerrace Covered ParkingCovered Parking

Basic Information

Date Listed Oct 15, 2024
Updated 3 weeks ago
Property Type Villa
Storeys 2
Location Rawai, Phuket
Bedrooms 4
Nearest Landmark Rawai Beach -0.8 Km
Indoor Area 240 SqM
Price per SqM £997
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
100 SqM
Plot Size 300 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.

N/A
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.

N/A
Land Title Deed N/A
Construction Completed (Jun 2014)
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) Mountain View
Unit Type N/A
Parking Spots 1
Pool Size 7x3
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.
£113/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1950340

Investment Opportunity: Charges & Yield

Sale Price
£239,000
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.
£113/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 4 bedroom villas at Platinum Residence Park, and the current sales price.
8%

Project Details

Project Name: Platinum Residence Park
Developer: N/A
Construction: Completed (Jun 2008)
Units: 24
Project Area: N/A
Nearest Landmark Rawai Beach - 0.8 Km
Location: Rawai, Phuket
Platinum Residence Park Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Bar Bar
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
BBQ Area BBQ Area
Communal Garden Area Communal Garden Area

Available Units at Platinum Residence Park

For Sale 5 For Rent 5
Get notified when new homes are being added to Platinum Residence Park
View All (5)

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Frequently Asked Questions

All kind of pets are allowed at Platinum Residence Park including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Rawai Beach is the nearest Beach from Platinum Residence Park and it is 0.8 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 Platinum Residence Park 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

4 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Large villa
Rose White, Australia, 6 years ago
I stayed here during the summer, and I chose the 5-bed villa to accommodate many family members. The villa’s space is tranquil, with a private swimming pool and parking. The bedrooms are clean, and the kitchen is fully equipped with utilities and appliances. So, it’s quite convenient to cook for my family. Plus, the project’s location is close to Naiharn Beach in a few minutes. Plus, the villa is secured by high-security systems, and the guards are polite, helpful, and in charge for 24 hours. The project’s common area is clean with lights on at nighttime. Very livable!
Phuket
Rawai

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Platinum Residence Park

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Project Name
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Year Built
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Location
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Project Name
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Rawai, Phuket Town, Phuket
Number of units
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Sales Prices
£87.4K - £206K
Monthly Rentals
N/A
Year Built
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Location
Rawai, Phuket Town, Phuket
Number of units
10
Sales Prices
£247K
Monthly Rentals
£790
Year Built
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Completion Status
Completed
Location
Rawai, Phuket Town, Phuket
Number of units
17
Sales Prices
£675K
Monthly Rentals
N/A
Year Built
Nov 2022
Completion Status
Completed
Location
Rawai, Phuket Town, Phuket
Number of units
150
Sales Prices
£147K - £404K
Monthly Rentals
N/A
Year Built
Jun 2025
Completion Status
Off Plan
Location
Rawai, Phuket Town, Phuket
Number of units
40
Sales Prices
£368K - £830K
▼ -3.9% underpriced
Monthly Rentals
£2.48K - £13.5K
Year Built
Jan 2015
Completion Status
Completed
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