Villa Sumalee

4.42 (2 Reviews)

Rawai, Phuket Town,Phuket

Unit ID: U23122
฿6,702,480 ฿6,900,000 Great Price
Bedroom
2 Bedrooms
Bathroom
3 Bathrooms
Indoor Area
108.80 SqM Indoor Area
Stairs
2 Storeys
Construction
Dec 2017 Completed

2 Bedroom House for sale at Villa Sumalee

This property is a 108.80 SqM house with 2 bedrooms and 3 bathrooms that is available for sale. It is part of the Villa Sumalee project in Rawai, Phuket and was completed in Dec 2017. You can buy this house for a base price of ฿6,702,480 (฿61,604/SqM).

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking

Basic Information

Property Type House
Storeys 2
Location Rawai, Phuket Town, Phuket
Bedrooms 2
Nearest Landmark Rawai Beach -6.1 Km
Indoor Area 108.80 SqM
Price per SqM ฿61,604
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
35.60 SqM
Plot Size 135.65 SqM
House Ownership

Foreign nationals can own the building (house) in their own name but not the land that it stands on.

Foreign Ownership, Thai Ownership, Leasehold
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, Leasehold
Land Title Deed N/A
Construction Completed (Dec 2017)
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 UU
Parking Spots 1
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.
฿5,426/mo
Listed By
Developer
Date Listed Jan 23, 2017
Last Updated 2 years ago
Unit ID U23122

Price Analysis

Great Price
Estimated market value ฿7,125,899
Great
฿7,040,000
Good
Fair
Above
฿7,310,000
Current asking Price: ฿6,702,480
This house is ฿423,419 BELOW MARKET (-6%) in the Phuket area. It is analyzed against similar houses and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
Powered by FazWaz AVM

Investment Opportunity: Charges & Yield

Sale Price
฿6,702,480
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.
฿5,426/mo

Project Details

Project Name: Villa Sumalee
Construction: Completed (Dec 2017)
Units: 13
Project Area: N/A
Nearest Landmark Rawai Beach - 6.1 Km
Location: Rawai, Phuket Town, Phuket
Villa Sumalee Project Details

Project Features

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

Loan Calculator

Frequently asked questions

The common area maintenance fee is ฿40 per square meter based on the plot size of the property and is ฿5,426 for this house. 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.
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 Villa Sumalee the required payment for the sinking fund is ฿500 per square meter based on the size of the plot size of the property.
Rawai Beach is the nearest Beach from Villa Sumalee and it is 6.1 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 Villa Sumalee 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

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

4.4 out of 5 4.42
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Good property, near Rawai Beach
3.8 Jun Tanaka, Japan, 1 year ago
The atmosphere is pleasant to live in. Quiet and close to Rawai Beach and Nai Harn Beach, about 10 minutes only. It is a small project with a small number of units, making neighbors limited. The house is private. The 2-bedroom townhouse comes with parking space and is secured by a high fence. Beautiful and modern design. There is a swimming pool, and a 24-hour security system, feel so safe!
Good location near Rawai beach.
5 Helen Roush, United States, 2 years ago
Good location near Rawai beach within 10 minutes. The alley where the project is located is crowded with cars, which is noisy. We have been renting this 2-story fully-furnished house with 2 bedrooms. There are security guards to take care of us all the time, so we can have peace of mind.

Phuket

Rawai

Neighborhood Overview

Location and Neighborhood

Street View

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