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    5 Bedroom Villa for sale at The Lake House
    Si Sunthon, Thalang,Phuket
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    Sale Price
    £648,000
    Schedule Viewing

    5 Bedroom Villa for sale at The Lake House

    (7 Reviews)
    Si Sunthon, Thalang,Phuket
    Unit ID: U1632988
    12% Rental Yield
    5 Bedrooms
    6 Bathrooms
    576 SqM Indoor Area
    2 Storeys
    May 2020 Completed
    (7 Reviews)
    Sale Price
    £648,000
    8

    About This Villa

    This property is a 576 SqM villa with 5 bedrooms and 6 bathrooms that is available for sale. It is part of the project in Si Sunthon, Phuket and was completed in May 2020. You can buy this villa for a base price of £648,000 (£1,120/SqM).

    Newly Renovated 5 Bedroom Villa for Sale Under Market Price

    5 En-Suite Bedrooms 6 Bathrooms 1 Office/Bedroom/Multipurpose Room. Land Size 500 Sqm. Build Up Area 576 Sqm. 5x10m Swimming pool. CAM Fee 5,000 Baht/month. Gated Community. Full Estate & Villa Management. Covered parking for 2 Cars. 10 minutes To Layan & Bangtao Beaches, Golf, Dining etc.2 km to Boat Avenue

    Features

    Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

    Basic Information

    Date Listed Jul 6, 2023
    Updated 1 year ago
    Property Type Villa (Single Detached)
    Storeys 2
    Location Si Sunthon, Phuket
    Bedrooms 5
    Nearest Landmark Bang Tao Beach -2.8 Km
    Indoor Area 576 SqM
    Price per SqM £1,120
    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 500 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.

    N/A
    Land Title Deed Chanote
    Construction Completed (May 2020)
    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) 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.
    £116/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1632988

    Investment Opportunity: Charges & Yield

    Sale Price
    £648,000
    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
    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.
    8
    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 5 bedroom villas at The Lake House, and the current sales price.
    12%

    Project Details

    Project Name: The Lake House
    Developer: Phuket Greenland Property Co. Ltd.
    Construction: Completed (May 2020)
    Units: 32
    Project Area: 48,000 SqM
    Nearest Landmark Bang Tao Beach - 2.8 Km
    Location: Si Sunthon, Phuket
    The Lake House Project Details

    Project Features

    Hotel Managed Hotel Managed
    Communal Gym Communal Gym
    Clubhouse Clubhouse
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Reception / Lobby Area Reception / Lobby Area

    Available Units at The Lake House

    For Sale 8 For Rent 12
    • All
    • 2 Beds
    • 3 Beds
    • 4 Beds
    Get notified when new homes are being added to The Lake House
    View All (8)

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    Frequently Asked Questions

    All kind of pets are allowed at The Lake House including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    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 Lake House the required payment for the sinking fund is £2,310 per square meter based on the size of the indoor area of the property.
    Bang Tao Beach is the nearest Beach from The Lake House and it is 2.8 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 The Lake House you have to follow these steps:

    • - Agreement of terms and conditions
    • - Reservation Agreement
    • - Reservation Deposit
    • - Sales and Purchase Agreement
    • - Settlement & Transfer
    The Lake House Phase IV
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    £4,630
    1st Installment
    Upon contract signing
    30%
    2nd Installment
    On handover
    70%


    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

    4.5 out of 5
    Based on
    7 Reviews
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Heaven on earth
    Kyungtae Park, South Korea, 4 years ago
    True heaven on earth. We spent our honeymoon at The Lake House. This is a beautiful pool villa in a quiet and very private atmosphere. The receptionist is very lovely. The villa is always fragrant and super clean. The villa is more than 200 square meters with a high ceiling. The bed is soft and comfortable to sleep. Very impressive, easy to access to Bang Tao Beach and Boat Avenue in about 10 minutes.
    Like a small village
    Verified Visitor, 4 years ago
    I really like Lakeview because it gives the feeling of coming into a small village, it's very quiet and easy to relax.. and only about 10 minutes drive to Laguna shopping area and 15 minutes drive to BangTao beach
    Great Pool Villa by the Lake !!!
    Verified Visitor, 4 years ago
    Lake House is a small low-density estate, secured 24/24, with a reception, fitness, and sauna. It is conveniently located only minutes away from popular Bang Tao and Layan beaches. It’s also within a 5 minutes driving distance to the vibrant entertainment district, the Boat Avenue and Villa Market shopping plaza, which offers local amenities from which to choose including boutique shops, European and Thai restaurants, Laguna golf course, newly opened Blue Tree Water Park and Central de Porto. Green and quiet residence with modern stylish villas with Thai and Balinese touches surrounding 2 lakes in the compound. The villas are professionally decorated with a high-quality finishing. All bedrooms have en-suite bathrooms with a Jacuzzi in the master’s one. The master bedroom is designed with an open layout that opens up to a private patio that features direct access to the pool and lake.
    Private relaxing villa getaway
    Verified Visitor, 4 years ago
    I was surprised how big the land plots were! The units are beautiful with modern tropical interiors and large pools for the family. The villas surround a private lake in the middle of the complex which gives it a very peaceful calm atmosphere and on the plus there was a great breeze the whole time! Definitely would stay there for a getaway some time.
    Private relaxing villa getaway
    Test test, Visitor, 4 years ago
    I was surprised how big the land plots were! The units are beautiful with modern tropical interiors and large pools for the family. The villas surround a private lake in the middle of the complex which gives it a very peaceful calm atmosphere and on the plus there was a great breeze the whole time! Definitely would stay there for a getaway some time.
    Nice Villa
    Ellen K., Norway, 4 years ago
    Last holiday, I just visited my friend in Phuket, Thailand. So, I had a chance the stay here. I can say that this is one of the impressive trips as our villa has 3 bedrooms. It's very large with a private swimming pool. There is a large lake in the middle of the project that's so relaxing. Before I visit Phuket, my thought about the province was about the crowded area like Patong, so I didn't fancy coming here much. This place completely changed my mind as it's so peaceful, and it's easy to travel around. You can reach Boat Avenue in 5 mins by car where you can find many shops and restaurants. Also, it takes only 20 mins to the airport. From my country, I can get direct flights to Phuket, so I think I might come to Phuket more often.
    Nice villa with 4 bedrooms and the staff is friendly.
    Henrik Batch, Brazil, 6 years ago
    The villas here have recently been completed and located not far from the Laguna Zone, surrounded by various residential areas and convenience stores. It’s 5 kilometers from Villa Market. If you stay here, I suggest that having a private car is more convenient because it is quite difficult to travel. Moreover, the village entrance is quite difficult to reach because it is in a deep alley !! However, the project design is perfect, and it is a one-story villa decorated in a tropical style that comes fully furnished. Moreover, with the hotel chain management, it provides excellent facilities !!
    Phuket
    Si Sunthon

    Neighborhood Overview

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