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    4 Bedroom Villa for sale at The Lantern
    Ko Kaeo, Phuket Town,Phuket
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    Sale Price
    £429,000
    Schedule Viewing

    4 Bedroom Villa for sale at The Lantern

    (1 Review)
    Ko Kaeo, Phuket Town,Phuket
    Unit ID: U25744
    5% Rental Yield
    Tenant-Occupied until Feb 10, 2025
    4 Bedrooms
    5 Bathrooms
    450 SqM Indoor Area
    4 Storeys
    Jun 2008 Completed
    (1 Review)
    Sale Price
    £429,000
    Great Price Great Price
    30

    About This Villa

    This property is a 450 SqM villa with 4 bedrooms and 5 bathrooms that is available for sale. It is part of the project in Ko Kaeo, Phuket and was completed in Jun 2008. You can buy this villa for a base price of £429,000 (£953/SqM) and it is also available for long term rentals starting from £1,850 per month.

    Live Your Dream in a Spectacular 450 SqM Villa in Ko Kaeo, Phuket!

    Do you want to be the proud owner of a spectacular villa in one of the most sought-after locations in Phuket? Then look no further, as this 450 SqM villa situated in Ko Kaeo is just the property you have been dreaming of!Complete and ready to be moved into, this villa has 4 bedrooms and 5 bathrooms, making it the perfect home away from home - or forever home - for anyone looking to buy. Part of the esteemed ‘The Lantern' project, this villa has been designed to the highest of standards and with impeccable attention to detail. Freshly completed in Jun 2008, it also features the latest in stylistic and practical home design, ensuring a mesmerising experience for guests and inhabitants alike.The price for this idyllic villa has been set at ฿14,500,000 (฿32,222/SqM), an amazing offer given the amazing quality and the unparalleled location. As an added bonus, long term rentals are also available, starting from ฿53,358 per month.If your heart and mind are set on purchasing a luxurious villa in Phuket at a reasonable price, this is the ideal opportunity for you to start your search! All you need do is get in touch with us and arrange a viewing, and you will surely fall in love with this magical property.

    Features

    Media Room/CinemaMedia Room/Cinema Private LiftPrivate Lift Private PoolPrivate Pool JacuzziJacuzzi Rooftop TerraceRooftop Terrace Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Corner UnitCorner Unit BalconyBalcony Wifi IncludedWifi Included Full Western KitchenFull Western Kitchen BathtubBathtub Fully RenovatedFully Renovated Washing MachineWashing Machine MicrowaveMicrowave OvenOven TVTV

    Basic Information

    Date Listed Mar 21, 2023
    Updated 4 months ago
    Property Type Villa
    Storeys 4
    Location Ko Kaeo, Phuket
    Bedrooms 4
    Nearest Landmark Cape Yamu Beach -5.5 Km
    Indoor Area 450 SqM
    Price per SqM £953
    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 248 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 Chanote
    Construction Completed (Jun 2008)
    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, City View, Pool View, Garden View
    Unit Type N/A
    Parking Spots 2
    Pool Size 10m x 2m
    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.
    £116/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U25744

    Investment Opportunity: Charges & Yield

    Sale Price
    £429,000
    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.
    £116/mo
    Rent
    £1,850/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.
    19
    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.
    5%

    Project Details

    Project Name: The Lantern
    Developer: N/A
    Construction: Completed (Jun 2008)
    Units: 16
    Project Area: N/A
    Nearest Landmark Cape Yamu Beach - 5.5 Km
    Location: Ko Kaeo, Phuket
    The Lantern Project Details

    Project Features

    Communal Pool Communal Pool
    Jacuzzi Jacuzzi
    24H Security 24H Security
    Car Parking Car Parking

    Available Units at The Lantern

    For Sale 1 For Rent 12
    • All
    • 4 Beds
    Get notified when new homes are being added to The Lantern
    View All (1)

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    Frequently Asked Questions

    No pets are allowed at The Lantern 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 for properties at The Lantern is a fixed amount of £116. 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.
    Cape Yamu Beach is the nearest Beach from The Lantern and it is 5.5 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 Lantern 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

    4.8 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Nice place located in the heart of the city.
    Titova Titov, Russia, 5 years ago
    My husband and I bought this house because of the location. There are many restaurants and convenience stores nearby. The villa itself made me feel fully rested. The house is very spacious, can accommodate 5-6 members as they feature modern 4 bedrooms and all the necessary equipment. There is a lovely private swimming pool outside. The kitchen is also fully equipped. Living room is decorated with modern quality furniture sets. Moreover, the living area is also surrounded by glass windows that bring natural light that makes me feel comfortable. There is a large car park for 3 cars plus a 24-hour security system. So I think it is worth the price. So impressed!
    Phuket
    Ko Kaeo

    Neighborhood Overview

    Location and Neighborhood

    Street View

    Projects Nearby The Lantern

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    Year Built
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    Completion Status
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    Chao Fah Garden Home 7 Premier Park
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