Chuan Chuen Lagoon

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Ko Kaeo, Phuket Town,Phuket

Unit ID: U775816
5% Rental Yield
฿5,950,000
Bedroom
3 Bedrooms
Bathroom
2 Bathrooms
Indoor Area
200 SqM Indoor Area
Stairs
2 Storeys
Construction
Mar 1992 Completed

About This House

This property is a 200 SqM house with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the Chuan Chuen Lagoon project in Ko Kaeo, Phuket and was completed in Mar 1992. You can buy this house for a base price of ฿5,950,000 (฿29,750/SqM) and it is also available for long term rentals starting from ฿24,000 per month.

Lovely family house in quiet village near BIS Phuket

3 bedroom, 2 bathroom house with western style kitchen, open plan living/dining area, maids room & laundry area plus garden with covered car parking area. Partly furnished; air-con in all bedrooms; willing to add living room air-con and other upgrades upon rental confirmation. Lovely house, safe for families with children

Features

Private GardenPrivate Garden Corner UnitCorner Unit MicrowaveMicrowave OvenOven TVTV

Basic Information

Property Type House (Single Detached)
Storeys 2
Location Ko Kaeo, Phuket Town, Phuket
Bedrooms 3
Nearest Landmark Cape Yamu Beach -5.2 Km
Indoor Area 200 SqM
Price per SqM ฿29,750
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 400 SqM
House Ownership

Foreign nationals can own the building (house) 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.

Thai Ownership
Land Title Deed Chanote
Construction Completed (Mar 1992)
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) N/A
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.
฿800/mo
Listed By
Private Owner
Date Listed Apr 14, 2021
Last Updated 7 months ago
Unit ID U775816

Investment Opportunity: Charges & Yield

Sale Price
฿5,950,000
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.
฿800/mo
Rent
฿24,000/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.
21
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: Chuan Chuen Lagoon
Developer: N/A
Construction: Completed (Mar 1992)
Units: 120
Project Area: N/A
Nearest Landmark Cape Yamu Beach - 5.2 Km
Location: Ko Kaeo, Phuket Town, Phuket
Chuan Chuen Lagoon Project Details

Project Features

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

Available Units at Chuan Chuen Lagoon

For Sale 3 For Rent 1
Get notified when new homes are being added to Chuan Chuen Lagoon

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Frequently Asked Questions

All kind of pets are allowed at Chuan Chuen Lagoon including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Cape Yamu Beach is the nearest Beach from Chuan Chuen Lagoon and it is 5.2 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 Chuan Chuen Lagoon 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
Ko Kaeo

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