Diamond Trees Villas

4.5 (1 Review)

Si Sunthon, Thalang,Phuket

Unit ID: U25835
5% Rental Yield
฿22,000,000
Bedroom
3 Bedrooms
Bathroom
3 Bathrooms
Indoor Area
328.97 SqM Indoor Area
Stairs
1 Storeys
Construction
Mar 2016 Completed

3 Bedroom Villa for sale at Diamond Trees Villas

This property is a 328.97 SqM villa with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Diamond Trees Villas project in Si Sunthon, Phuket and was completed in Mar 2016. You can buy this villa for a base price of ฿22,000,000 (฿66,875/SqM) and it is also available for long term rentals starting from ฿100,000 per month.

Features

Private PoolPrivate Pool Pool AccessPool Access JacuzziJacuzzi Rooftop TerraceRooftop Terrace Private GardenPrivate Garden Garden AccessGarden Access TerraceTerrace Covered ParkingCovered Parking Corner UnitCorner Unit Maids QuartersMaids Quarters Outdoor SalaOutdoor Sala Outdoor ShowersOutdoor Showers Full Western KitchenFull Western Kitchen BathtubBathtub Washing MachineWashing Machine MicrowaveMicrowave OvenOven TVTV Gardening IncludedGardening Included Pool Cleaning IncludedPool Cleaning Included

Basic Information

Property Type Villa
Storeys 1
Location Si Sunthon, Thalang, Phuket
Bedrooms 3
Nearest Landmark Laguna Beach -6.4 Km
Indoor Area 328.97 SqM
Price per SqM ฿66,875
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 488.95 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.

N/A
Land Title Deed N/A
Construction Completed (Mar 2016)
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) Park View, Pool View, Garden View
Unit Type N/A
Parking Spots 2
Pool Size 9m x 4m
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.
฿6,000/mo
Listed By
Private Owner
Date Listed Apr 18, 2017
Last Updated 1 year ago
Unit ID U25835

Price Analysis

Above Average
Estimated market value ฿16,525,235
Great
฿14,900,000
Good
Fair
Above
฿20,300,000
Current asking Price: ฿22,000,000 | Advertised rental rate: ฿100,000/mo
This villa is ฿5,474,765 ABOVE MARKET (33%) 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
฿22,000,000
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.
฿6,000/mo
Rent
฿100,000/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.
18
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: Diamond Trees Villas
Developer: Baanjai
Construction: Completed (Mar 2016)
Units: 2
Project Area: N/A
Nearest Landmark Laguna Beach - 6.4 Km
Location: Si Sunthon, Thalang, Phuket
Diamond Trees Villas Project Details

Available Units at Diamond Trees Villas

For Sale 1 For Rent 2
Get notified when new homes are being added to Diamond Trees Villas

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Frequently asked questions

The common area maintenance fee for properties at Diamond Trees Villas is a fixed amount of ฿6,000. 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.
Laguna Beach is the nearest Beach from Diamond Trees Villas and it is 6.4 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 Diamond Trees Villas 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

4.5 out of 5 4.5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Premium Pool Villa
4.5 Finn K., Sweden, 3 years ago
The Diamond Trees Villas project is a hidden paradise in the heart of the Cherng Talay area. Inside, the atmosphere is peaceful. This 3-bedroom villa is a brand new. It has two floors decorated with fine furniture and is perfect for true relaxation. A large dining area with a modern and clean design. The kitchen is also fully equipped with cooking equipment such as an oven, microwave, and coffee maker to cater to all members. There are not many people living in the surrounding villas. Most of them are foreigners. The location is ideal. Near the church, it only takes 5 minutes to get to Boat Avenue Cherngtalay.

Phuket

Si Sunthon

Neighborhood Overview

Location and Neighborhood

Street View

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