Bamboo Garden Villa

4.67 (2 Reviews)

Rawai, Phuket Town,Phuket

Unit ID: U220740
6% GUAR. RETURN FOR 5 YEARS
฿11,600,000 Great Price
Bedroom
3 Bedrooms
Bathroom
3 Bathrooms
Indoor Area
237 SqM Indoor Area
Stairs
1 Storeys
Construction
Dec 2018 Completed

3 Bedroom Villa for sale at Bamboo Garden Villa

This property is a 237 SqM villa with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Bamboo Garden Villa project in Rawai, Phuket and was completed in Dec 2018. You can buy this villa for a base price of ฿11,600,000 (฿48,945/SqM) and it is also available for long term rentals starting from ฿120,000 per month.

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking

Basic Information

Property Type Villa
Storeys 1
Location Rawai, Phuket Town, Phuket
Bedrooms 3
Nearest Landmark Chalong Pier -2.8 Km
Indoor Area 237 SqM
Price per SqM ฿48,945
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 406.80 SqM
Villa Ownership

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

N/A
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, Company
Land Title Deed N/A
Construction Completed (Dec 2018)
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 Type B - 3 Bedroom
Parking Spots 2
Pool Size 32 Sqm
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.
฿4,500/mo
Listed By
Developer
Date Listed Oct 28, 2019
Last Updated 1 year ago
Unit ID U220740

Price Analysis

Good Price
Estimated market value ฿11,824,744
Great
฿10,300,000
Good
Fair
Above
฿13,200,000
Current asking Price: ฿11,600,000 | Advertised rental rate: ฿120,000/mo
This villa is ฿224,744 BELOW MARKET (-2%) 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.
Powered by FazWaz AVM

Investment Opportunity: Charges & Yield

Sale Price
฿11,600,000
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.
฿4,500/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.
17
Guaranteed Rental Return
6%
Guarantee Duration
5 Years

Project Details

Project Name: Bamboo Garden Villa
Construction: Completed (Dec 2018)
Units: 7
Project Area: N/A
Nearest Landmark Chalong Pier - 2.8 Km
Location: Rawai, Phuket Town, Phuket
Bamboo Garden Villa Project Details

Project Features

24H Security 24H Security

Available Units at Bamboo Garden Villa

For Sale 7 For Rent 7
Get notified when new homes are being added to Bamboo Garden Villa

Loan Calculator

Payment Plan

Payment Term
Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
Upon contract signing
30%
2nd Installment
On handover
70%

Frequently asked questions

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 Bamboo Garden Villa the required payment for the sinking fund is a fixed amount of ฿100,000.
Bamboo Garden Villa offers a guaranteed rental return of 6% (based on the purchase price of the property) for a duration of 5 Years.
Read more here.
Chalong Pier is the nearest Pier from Bamboo Garden Villa and it is 2.8 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 Bamboo Garden Villa you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

Payment Term
Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
Upon contract signing
30%
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

4.7 out of 5 4.67
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
What a fantastic villa! very beautiful and peaceful so much.
4.8 Maryellen Kibble, United Kingdom, 10 months ago
What a fantastic villa! Very peaceful. We were impressed with its tranquility, and a lot of trees surrounded the project. The private swimming pool is really lovely and quite large for a villa. Also, it's easy to get to Rawai beach and PromThep cape. We can park the car in front of the villa, super convenient! Great value, the room is modern. And the villa is surrounded by a fence making it perfectly safe. Highly recommend this villa for anyone who loves the peaceful, good location, especially for families with kids.
I'm impressed with this villa
4.5 Halden Larsen, Norway, 2 years ago
I’ve been renting this villa for 2 months now. Overall, it’s impressive. The villa I stayed in is a spacious 3-bedroom villa with a thoughtful house plan. There is a sliding door from the master bedroom opening to the pool, which is great. Outside, there are sunbeds to enjoy during the day. The project location is in the residential area, making it easy to find restaurants and convenience stores. In addition, it takes less than 10 minutes to drive to Bang Tao Beach. Overall, it is very convenient.

Phuket

Rawai

Neighborhood Overview

Location and Neighborhood

Street View

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