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    4 Bedroom Villa for sale at The First Phuket
    Ratsada, Phuket Town,Phuket
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    Sale Price
    £365,000
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    4 Bedroom Villa for sale at The First Phuket

     (Write Review)
    Ratsada, Phuket Town,Phuket
    Unit ID: U1717052
    11% Rental Yield
    Tenant-Occupied until Jul 17, 2025
    4 Bedrooms
    4 Bathrooms
    175 SqM Indoor Area
    2 Storeys
    Mar 2018 Completed
     (Write Review)
    Sale Price
    £365,000
    17

    About This Villa

    This property is a 175 SqM villa with 4 bedrooms and 4 bathrooms that is available for sale. It is part of the project in Ratsada, Phuket and was completed in Mar 2018. You can buy this villa for a base price of £365,000 (£2,090/SqM) and it is also available for long term rentals starting from £3,430 per month.

    Available for rent or sale now ready to move in  (Including all furniture) Modern style with 2 Floor, 4 Bedrooms, 4 Baths, 1 Living Room, 1 Bar and 1 Karaoke room Land Area: 68.5sq.w. (155sq.m.) All Usage Area: 175sq.m. Facilities Swimming pool size 3.5x8.0m 5 Airconditioning Gym WIFI InternetSecurity 24HRS 2 Car park 5 of smart TV 5 minutes to Bangkok Hospital 10 minutes to Central Festival Phuket    

    Features

    Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Corner UnitCorner Unit BalconyBalcony Wifi IncludedWifi Included Washing MachineWashing Machine TVTV

    Basic Information

    Date Listed Jan 16, 2024
    Updated 3 months ago
    Property Type Villa (Single Detached)
    Storeys 2
    Location Ratsada, Phuket
    Bedrooms 4
    Nearest Landmark IKEA Phuket -1.9 Km
    Indoor Area 175 SqM
    Price per SqM £2,090
    Outdoor Area
    This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
    99 SqM
    Plot Size 155 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.

    Thai 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
    Land Title Deed N/A
    Construction Completed (Mar 2018)
    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 8m x 3.5m
    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.
    £37/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1717052

    Investment Opportunity: Charges & Yield

    Sale Price
    £365,000
    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.
    £37/mo
    Rent
    £3,430/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: The First Phuket
    Developer: N/A
    Construction: Completed (Oct 2018)
    Units: 69
    Project Area: N/A
    Nearest Landmark IKEA Phuket - 1.9 Km
    Location: Ratsada, Phuket
    The First Phuket Project Details

    Project Features

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

    Available Units at The First Phuket

    For Sale 1 For Rent 8
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    • 4 Beds
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    Frequently Asked Questions

    All kind of pets are allowed at The First Phuket including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    IKEA Phuket is the nearest Shopping Mall from The First Phuket and it is 1.9 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 First Phuket 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
    Ratsada

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