Unit ID: U1634128
18% Rental Yield
Choeng Thale, Thalang,Phuket
฿25,700,000
3 Bedrooms
4
Bathrooms
266 SqM
Indoor Area
2
Storeys
Jan 2022
Completed

About This Villa

This property is a 266 SqM villa with 3 bedrooms and 4 bathrooms that is available for sale. It is part of the The Teak Phuket project in Choeng Thale, Phuket and was completed in Jan 2022. You can buy this villa for a base price of ฿25,700,000 (฿96,617/SqM).

3 Bedroom Villa in Cherngtalay

The Teak Phuket, a modern oriental-style luxury pool villa that we have paid attention to every detail of the design for your perfect living. In addition, the project uses quality construction materials to make the villa's structure strong and durable. It is also decorated with teak wood, and offers a charming classic look. The pool villa comes with a large private swimming pool, a lovely garden, and indoor parking. The villa has been perfectly designed with 2 floors, 3 bedrooms with ensuite bathrooms. An open living area connects to a spacious modern kitchen. The villa is located in a peaceful and private atmosphere, sets in the lush tropical forest; however, it is still close to amenities and a variety of tourist attractions, only 5 minutes to Porto de Phuket and Boat Avenue Cherngtalay, 7 minutes to Blue Tree, and 10 minutes to Bang Tao Beach and Layan Beach. The Teak Phuket is the ideal location for your dream vacation.

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Corner UnitCorner Unit BalconyBalcony Full Western KitchenFull Western Kitchen BathtubBathtub Washing MachineWashing Machine MicrowaveMicrowave OvenOven TVTV

Basic Information

Date Listed Jul 12, 2023
Updated 1 month ago
Property Type Villa (Single Detached)
Storeys 2
Location Choeng Thale, Phuket
Bedrooms 3
Nearest Landmark Bang Tao Beach -2.4 Km
Indoor Area 266 SqM
Price per SqM ฿96,617
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
126 SqM
Plot Size 313 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.

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 (Jan 2022)
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 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.
฿9,077/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1634128

Investment Opportunity: Charges & Yield

Sale Price
฿25,700,000
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.
฿9,077/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.
5
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 3 bedroom villas at The Teak Phuket, and the current sales price.
18%

Project Details

Project Name: The Teak Phuket
Construction: Completed (Dec 2022)
Units: 8
Project Area: 3,200 SqM
Nearest Landmark Bang Tao Beach - 2.4 Km
Location: Choeng Thale, Phuket
The Teak Phuket Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at The Teak Phuket

For Sale 3 For Rent 4
Get notified when new homes are being added to The Teak Phuket
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Frequently Asked Questions

All kind of pets are allowed at The Teak Phuket including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is ฿29 per square meter based on the plot size of the property and is ฿9,077 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.
Bang Tao Beach is the nearest Beach from The Teak Phuket and it is 2.4 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 Teak Phuket you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer
Installment Milestone Payment
Reservation Deposit
Immediately
2%
1st Installment
Upon contract signing
28%
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

Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Reviews

5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
It is a great place to live.
Jonh R., Thailand, 2 years ago
This project is still under construction and is located in Soi Pasak 4/1, a good location near Boat Avenue Cherngtalay, Blue Tree Phuket, and Layan Beach. I will definitely buy this project because it uses only high-quality materials. Furthermore, the villa is designed in a stunning oriental style. The villa is a 2-story with 2 to 3 bedrooms, a spacious usable area, and parking space for two cars. The private pool is quite large, surrounded by a lush garden. The project is located in a peaceful environment. It is a great place to live.
Phuket
Choeng Thale

Neighborhood Overview

Location and Neighborhood

Street View

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