2 Bedroom Villa for sale at Baan Rimthan

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Choeng Thale, Thalang,Phuket
Unit ID: U30498
฿11,900,000 Great Price
2 Bedrooms
2 Bathrooms
216 SqM Indoor Area
2 Storeys
Jan 2005 Completed

About This Villa

This property is a 216 SqM villa with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Baan Rimthan project in Choeng Thale, Phuket and was completed in Jan 2005. You can buy this villa for a base price of ฿11,900,000 (฿55,093/SqM).

Features

Wet BarWet Bar Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Outdoor SalaOutdoor Sala Full Western KitchenFull Western Kitchen

Basic Information

Property Type Villa
Storeys 2
Location Choeng Thale, Thalang, Phuket
Bedrooms 2
Nearest Landmark Boat Avenue Cherngtalay -1.1 Km
Indoor Area 216 SqM
Price per SqM ฿55,093
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 581 SqM
Villa Ownership

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

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.

Company
Land Title Deed N/A
Construction Completed (Jan 2005)
Furniture
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) Pool View, Garden View, Blocked View
Unit Type N/A
Parking Spots 1
Pool Size 22sqm
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.
฿3,000/mo
Listed By
Private Owner
Date Listed Aug 2, 2017
Last Updated 2 years ago
Unit ID U30498

Price Analysis

Great Price
Estimated market value ฿15,125,006
Great
฿12,000,000
Good
Fair
Above
฿21,700,000
Current asking Price: ฿11,900,000
This villa is ฿3,225,006 BELOW MARKET (-21%) in the Phuket area. It is analyzed against similar villas and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
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Investment Opportunity: Charges & Yield

Sale Price
฿11,900,000
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.
฿3,000/mo

Project Details

Project Name: Baan Rimthan
Developer: N/A
Construction: Completed (Jan 2005)
Units: 17
Project Area: N/A
Nearest Landmark Boat Avenue Cherngtalay - 1.1 Km
Location: Choeng Thale, Thalang, Phuket
Baan Rimthan Project Details

Project Features

CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at Baan Rimthan

Loan Calculator

Frequently Asked Questions

The common area maintenance fee for properties at Baan Rimthan is a fixed amount of ฿3,000. 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.
Boat Avenue Cherngtalay is the nearest Shopping Mall from Baan Rimthan and it is 1.1 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 Baan Rimthan 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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Phuket
Choeng Thale

Neighborhood Overview

Location and Neighborhood

Street View

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