Riverhouse Phuket

4.67 (1 Review)

Choeng Thale, Thalang,Phuket

Unit ID: U250963
6% GUAR. RETURN FOR 5 YEARS
฿21,077,174 Great Price
Bedroom
3 Bedrooms
Bathroom
3 Bathrooms
Indoor Area
361 SqM Indoor Area
Stairs
2 Storeys
Construction
Jan 2021 Completed

3 Bedroom Villa for sale at Riverhouse Phuket

This property is a 361 SqM villa with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Riverhouse Phuket project in Choeng Thale, Phuket and was completed in Jan 2021. You can buy this villa for a base price of ฿21,077,174 (฿58,386/SqM).

Features

Private PoolPrivate Pool Rooftop TerraceRooftop Terrace Private GardenPrivate Garden Garden AccessGarden Access TerraceTerrace Covered ParkingCovered Parking Pool Cleaning IncludedPool Cleaning Included

Basic Information

Property Type Villa
Storeys 2
Location Choeng Thale, Thalang, Phuket
Bedrooms 3
Nearest Landmark Bang Tao Beach -1.8 Km
Indoor Area 361 SqM
Price per SqM ฿58,386
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 311.60 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, Leasehold
Land Title Deed N/A
Construction Completed (Jan 2021)
Furniture
Available for ฿1,390,000
View(s) Pool View, Garden View
Unit Type 3 BR
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.
฿9,500/mo
Listed By
Developer
Date Listed Nov 26, 2019
Last Updated 1 year ago
Unit ID U250963

Price Analysis

Good Price
Estimated market value ฿21,576,213
Great
฿18,500,000
Good
Fair
Above
฿18,600,000
Current asking Price: ฿21,077,174
This villa is ฿499,039 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
฿21,077,174
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.
฿9,500/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.
15
Guaranteed Rental Return
7%
Guarantee Duration
5 Years

Project Details

Project Name: Riverhouse Phuket
Developer: E-Land Development
Construction: Completed (Jan 2021)
Units: 51
Project Area: 20,100 SqM
Nearest Landmark Bang Tao Beach - 1.8 Km
Location: Choeng Thale, Thalang, Phuket
Riverhouse Phuket Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Back Up Generators Back Up Generators
Solar Panels Solar Panels

Available Units at Riverhouse Phuket

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Available Units at Riverhouse Phuket
฿74,396
Good Price
Beds 2 Beds
Baths 2 Baths
Size 228 SqM Size
Plot Size 209.30 SqM Plot Size
Unfurnished Pool View
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Available Units at Riverhouse Phuket
฿71,244
Good Price
Beds 3 Beds
Baths 3 Baths
Size 264 SqM Size
Plot Size 266.50 SqM Plot Size
Unfurnished Pool View
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Available Units at Riverhouse Phuket
฿74,454
Good Price
Beds 2 Beds
Baths 2 Baths
Size 228 SqM Size
Plot Size 210.30 SqM Plot Size
Unfurnished Pool View
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Available Units at Riverhouse Phuket
฿58,780
Good Price
Beds 3 Beds
Baths 3 Baths
Size 361 SqM Size
Plot Size 322.40 SqM Plot Size
Unfurnished Pool View
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Available Units at Riverhouse Phuket
฿57,874
Good Price
Beds 3 Beds
Baths 3 Baths
Size 361 SqM Size
Plot Size 297.60 SqM Plot Size
Unfurnished Pool View
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Available Units at Riverhouse Phuket
฿74,379
Good Price
Beds 2 Beds
Baths 2 Baths
Size 228 SqM Size
Plot Size 209 SqM Plot Size
Unfurnished Pool View
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Available Units at Riverhouse Phuket
฿58,093
Good Price
Beds 3 Beds
Baths 3 Baths
Size 361 SqM Size
Plot Size 303.60 SqM Plot Size
Unfurnished Pool View
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Available Units at Riverhouse Phuket
฿76,255
Good Price
Beds 2 Beds
Baths 2 Baths
Size 228 SqM Size
Plot Size 241.40 SqM Plot Size
Unfurnished Pool View
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Available Units at Riverhouse Phuket
฿75,022
Good Price
Beds 2 Beds
Baths 2 Baths
Size 228 SqM Size
Plot Size 220.10 SqM Plot Size
Unfurnished Pool View
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Available Units at Riverhouse Phuket
฿74,263
Good Price
Beds 2 Beds
Baths 2 Baths
Size 228 SqM Size
Plot Size 207 SqM Plot Size
Unfurnished Pool View
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Available Units at Riverhouse Phuket
฿76,295
Good Price
Beds 2 Beds
Baths 2 Baths
Size 228 SqM Size
Plot Size 242.10 SqM Plot Size
Unfurnished Pool View
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Available Units at Riverhouse Phuket
฿58,375
Good Price
Beds 3 Beds
Baths 3 Baths
Size 361 SqM Size
Plot Size 311.30 SqM Plot Size
Unfurnished Pool View
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Available Units at Riverhouse Phuket
฿74,900
Good Price
Beds 2 Beds
Baths 2 Baths
Size 228 SqM Size
Plot Size 218 SqM Plot Size
Unfurnished Pool View
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Available Units at Riverhouse Phuket
฿74,477
Good Price
Beds 2 Beds
Baths 2 Baths
Size 228 SqM Size
Plot Size 210.70 SqM Plot Size
Unfurnished Pool View
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Available Units at Riverhouse Phuket
฿58,861
Good Price
Beds 3 Beds
Baths 3 Baths
Size 361 SqM Size
Plot Size 324.60 SqM Plot Size
Unfurnished Pool View
Favorite
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Available Units at Riverhouse Phuket
฿58,415
Good Price
Beds 3 Beds
Baths 3 Baths
Size 361 SqM Size
Plot Size 312.40 SqM Plot Size
Unfurnished Pool View
Favorite
Compare
Available Units at Riverhouse Phuket
฿58,386
Good Price
Beds 3 Beds
Baths 3 Baths
Size 361 SqM Size
Plot Size 311.60 SqM Plot Size
Unfurnished Pool View
Get notified when new homes are being added to Riverhouse Phuket

Loan Calculator

Payment Plan

OffPlan Villa
Installment Milestone Payment
Reservation Deposit
Immediately
2%
1st Installment
On Signature of Main Agreements ( Within 1 Month of Booking )
28%
2nd Installment
On Completion Villa to Flat Roof ( Approx. 10 weeks )
20%
3rd Installment
On Completion of Pitched Roof ( Approx. 9 weeks )
20%
4th Installment
On Completion of Villa for Lock UP ( Approx. 10 Weeks)
20%
5th Installment
On Villa Handover & Transfer Documentation ( Approx. 11 weeks )
10%

Frequently asked questions

All kind of pets are allowed at Riverhouse Phuket including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee for properties at Riverhouse Phuket is a fixed amount of ฿9,500. 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.
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 Riverhouse Phuket the required payment for the sinking fund is a fixed amount of ฿100,000.
Riverhouse Phuket offers a guaranteed rental return of 6% (based on the purchase price of the property) for a duration of 5 Years.
Read more here.
Bang Tao Beach is the nearest Beach from Riverhouse Phuket and it is 1.8 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 Riverhouse Phuket you have to follow these steps:

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

OffPlan Villa
Installment Milestone Payment
Reservation Deposit
Immediately
2%
1st Installment
On Signature of Main Agreements ( Within 1 Month of Booking )
28%
2nd Installment
On Completion Villa to Flat Roof ( Approx. 10 weeks )
20%
3rd Installment
On Completion of Pitched Roof ( Approx. 9 weeks )
20%
4th Installment
On Completion of Villa for Lock UP ( Approx. 10 Weeks)
20%
5th Installment
On Villa Handover & Transfer Documentation ( Approx. 11 weeks )
10%

 

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 Riverhouse Phuket?

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Reviews

4.7 out of 5 4.67
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
E-CO friendly villa
4.7 Surawadee D., Thailand, 1 year ago
E-CO friendly villa with a very modern design. My husband and I went for an inspection there and were very impressed with the layout. My husband is an architect from Canada. He was impressed by how the project installs an energy-saving system, solar panels, and moisture-proof systems, which are excellent. As it rains a lot in Phuket, leaving the house unoccupied for a long time can cause a bad smell. Fortunately, the project takes residents' concerns into account. Our home is a two-story loft-style design, which is quite airy with good ventilation. Also, there is a private swimming pool and a staircase in the middle of the house to connect the first and second floors. The interior is very beautifully decorated in resort-style, suitable for being a vacation home. Also, close to many amenities, such as Tesco Lotus, Boat Avenue, and the fresh market. It is delightful to find this place. I want the house to finish quickly anyway.

Phuket

Choeng Thale

Neighborhood Overview

Location and Neighborhood

Street View

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