Hideaway Lakes

5 (1 Review)

Choeng Thale, Thalang,Phuket

Unit ID: U122647
6% Rental Yield
฿13,500,000 Great Price
Bedroom
3 Bedrooms
Bathroom
3 Bathrooms
Indoor Area
200 SqM Indoor Area
Stairs
2 Storeys
Construction
Mar 2019 Completed

About This Villa

This property is a 200 SqM villa with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Hideaway Lakes project in Choeng Thale, Phuket and was completed in Mar 2019. You can buy this villa for a base price of ฿13,500,000 (฿67,500/SqM).

Features

Private PoolPrivate Pool TerraceTerrace

Basic Information

Property Type Villa
Storeys 2
Location Choeng Thale, Thalang, Phuket
Bedrooms 3
Nearest Landmark Laguna -2.1 Km
Indoor Area 200 SqM
Price per SqM ฿67,500
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 320 SqM
Villa Ownership

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

Foreign Ownership, Thai Ownership, Company, 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.

Thai Ownership, Company, Leasehold
Land Title Deed N/A
Construction Completed (Mar 2019)
Furniture
Built-ins are any items that do not leave the property but remain a part of the permanent structure of a home. This includes any type of permanent appliances, cabinetry, furniture that’s built into the home, such as shelving or benches, and other attached items.
Built In
View(s) Pool View
Unit Type 3
Parking Spots 1
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.
฿9,000/mo
Listed By
Developer
Date Listed Nov 7, 2018
Last Updated 1 year ago
Unit ID U122647

Price Analysis

Good Price
Estimated market value ฿13,858,540
Great
฿13,800,000
Good
Fair
Above
฿14,300,000
Current asking Price: ฿13,500,000 | Rental estimate: ฿63,900/mo
This villa is ฿358,540 BELOW MARKET (-3%) 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
฿13,500,000
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.
฿9,000/mo
Est. Rent
฿63,900/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 based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 3 bedroom villas at Hideaway Lakes, and the current sales price.
6%

Project Details

Project Name: Hideaway Lakes
Developer: N/A
Construction: Completed (Mar 2019)
Units: 7
Project Area: N/A
Nearest Landmark Laguna - 2.1 Km
Location: Choeng Thale, Thalang, Phuket
Hideaway Lakes Project Details

Project Features

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

Available Units at Hideaway Lakes

For Sale 7 For Rent 1
Get notified when new homes are being added to Hideaway Lakes

Loan Calculator

Frequently Asked Questions

The common area maintenance fee for properties at Hideaway Lakes is a fixed amount of ฿9,000. 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 is the nearest Development from Hideaway Lakes and it is 2.1 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 Hideaway Lakes 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

5 out of 5 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Best place!
5 Francisco R., Mexico, 2 years ago
I just viewed this project. It is in an excellent location, quiet and pleasant. Very close to Layan Beach and not far from Boat Avenue as well. It is around the Cherngtalay area where you can find many restaurants and shops. Very convenient! There are CCTVs and a security guard, which give me peace of mind. All the villas have the same design, two floors, with 3-4 bedrooms. All of the bedrooms have en-suite bathrooms with a bathtub and a shower. The living space inside the house is spacious and well-proportioned. There is built-in furniture, beautifully decorated. It's suitable for living as a family or for business. Perfect project!
Phuket
Choeng Thale

Neighborhood Overview

Location and Neighborhood

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Projects Nearby Hideaway Lakes

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Location
Choeng Thale, Thalang, Phuket
Number of units
17
Sales Prices
฿5.95M - ฿14.4M
Monthly Rentals
฿25.2K - ฿30.3K
Year Built
Dec 2008
Completion Status
Completed
Location
Choeng Thale, Thalang, Phuket
Number of units
5
Sales Prices
฿38.3M
▲ 33% overpriced
Monthly Rentals
฿151K
Year Built
May 2012
Completion Status
Completed
Project Name
Tanode Estate
Location
Choeng Thale, Thalang, Phuket
Number of units
14
Sales Prices
฿11.1M - ฿17.7M
▼ -15% underpriced
Monthly Rentals
฿101K - ฿151K
Year Built
Jun 2015
Completion Status
Completed
Project Name
Villa Aelita
Location
Choeng Thale, Thalang, Phuket
Number of units
9
Sales Prices
฿16.6M
▼ -2% underpriced
Monthly Rentals
N/A
Year Built
Feb 2009
Completion Status
Completed
Location
Choeng Thale, Thalang, Phuket
Number of units
7
Sales Prices
฿12M - ฿55.5M
▼ -22% underpriced
Monthly Rentals
฿151K
Year Built
Jun 2010
Completion Status
Completed
Project Name
Anchan Villas
Location
Choeng Thale, Thalang, Phuket
Number of units
18
Sales Prices
฿25.2M
▲ 2% overpriced
Monthly Rentals
฿189K
Year Built
Jul 2015
Completion Status
Completed
Project Name
Tanode Villas 3
Location
Choeng Thale, Thalang, Phuket
Number of units
9
Sales Prices
฿9.08M - ฿19.1M
▼ -4% underpriced
Monthly Rentals
฿90.8K
Year Built
Dec 2013
Completion Status
Completed
Project Name
Luna Phuket
Location
Choeng Thale, Thalang, Phuket
Number of units
10
Sales Prices
฿18.2M
▼ -22% underpriced
Monthly Rentals
฿80.7K - ฿85.8K
Year Built
Jun 2010
Completion Status
Completed
Project Name
Layan Tara
Location
Choeng Thale, Thalang, Phuket
Number of units
34
Sales Prices
฿8.78M - ฿23.9M
▲ 10.5% overpriced
Monthly Rentals
N/A
Year Built
Jan 2016
Completion Status
Completed
Location
Choeng Thale, Thalang, Phuket
Number of units
25
Sales Prices
฿5.95M - ฿14M
Monthly Rentals
N/A
Year Built
Jul 2019
Completion Status
Completed
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