Phuket@Town 1

3.67 (1 Review)

Talat Yai, Phuket Town,Phuket

Unit ID: U226906
5% Rental Yield
฿4,725,000 ฿5,000,000
Bedroom
3 Bedrooms
Bathroom
3 Bathrooms
Indoor Area
162 SqM Indoor Area
Stairs
3 Storeys
Construction
Jan 2010 Completed

About This Townhouse

This property is a 162 SqM townhouse with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Phuket@Town 1 project in Talat Yai, Phuket and was completed in Jan 2010. You can buy this townhouse for a base price of ฿4,725,000 (฿29,167/SqM) and it is also available for long term rentals starting from ฿18,000 per month.

Features

Private GardenPrivate Garden Covered ParkingCovered Parking Maids QuartersMaids Quarters BalconyBalcony

Basic Information

Property Type Townhouse
Storeys 3
Location Talat Yai, Phuket Town, Phuket
Bedrooms 3
Nearest Landmark Phuket Bus Terminal 1 -0.7 Km
Indoor Area 162 SqM
Price per SqM ฿29,167
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
30 SqM
Plot Size 80.40 SqM
Townhouse Ownership

Foreign nationals can own the building (townhouse) 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 (Jan 2010)
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) Garden View, Blocked View
Unit Type N/A
Parking Spots 3
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.
N/A
Listed By
Private Owner
Date Listed Nov 9, 2019
Last Updated 2 years ago
Unit ID U226906

3D Walkthrough

Investment Opportunity: Charges & Yield

Sale Price
฿4,725,000
Rent
฿18,000/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.
22
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: Phuket@Town 1
Construction: Completed (Jan 2010)
Units: 111
Project Area: N/A
Nearest Landmark Phuket Bus Terminal 1 - 0.7 Km
Location: Talat Yai, Phuket Town, Phuket
Phuket@Town 1 Project Details

Project Features

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

Available Units at Phuket@Town 1

For Sale 1 For Rent 1

Loan Calculator

Frequently Asked Questions

Phuket Bus Terminal 1 is the nearest Bus Terminal from Phuket@Town 1 and it is 0.7 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 Phuket@Town 1 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

Do you own a property at Phuket@Town 1?

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Reviews

3.7 out of 5 3.67
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Suitable for family living.
3.7 Peerawut R., Thailand, 5 years ago
This townhome is very peaceful and has a shady atmosphere. There is a pool, a fitness center, and a garden for people to spend their leisure time together. The neighbors are lovely. Most of them are from the neighboring provinces. My home is a three-story townhouse with three bedrooms. I bought this house and found out that the previous owner took excellent care of it, and the house also is fully furnished. Affordable price!!! The location is perfect, close to the old bus station, Kaset Market, Robinson, and Phuket Grocery.
Phuket
Talat Yai

Neighborhood Overview

Location and Neighborhood

Street View

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