Saiyuan Med Village

4.17 (1 Review)

Rawai, Phuket Town,Phuket

Unit ID: U589426
6% Rental Yield
฿8,000,000
Bedroom
3 Bedrooms
Bathroom
3 Bathrooms
Indoor Area
200 SqM Indoor Area
Stairs
2 Storeys
Construction
Ready To Move-In

3 Bedroom Villa for sale at Saiyuan Med Village

This property is a 200 SqM villa with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Saiyuan Med Village project in Rawai, Phuket. You can buy this villa for a base price of ฿8,000,000 (฿40,000/SqM) and it is also available for long term rentals starting from ฿40,000 per month.

Great villa for living and investment

The 2- storied house (240 sq. meters) is situated on Nai Harn beach in a gated village, Phuket. Implemented in European style with a parking place. It has private pool (size: 3*9) with a shower, 3 bedrooms and 3 bathrooms inside. First storey includes: 2 air conditioners and 3 ceiling fans, bathroom (shower and toilet), big living room with windows in the floor facing the swimming pool, spacious kitchen with a big stove, oven, dishwasher and refrigerator, the storeroom with a heated washing machine and a dining zone. The second storey includes: 3 bedrooms (3 king sized beds) with their own air conditioning and ceiling fan, 2 bathrooms, balcony and terrace. One bedroom has its own bathroom (bath and toilet), two other bedrooms have common (two-sides entrance) bathroom (shower and toilet). One room has an own balcony. Big terrace has ceiling fan. The village has security 24/7, common swimming pool and children’s playground. On the February, 2019, the house was registered as an ownership and land on Thai company. Freehold.

Features

Private PoolPrivate Pool JacuzziJacuzzi Rooftop TerraceRooftop Terrace Private GardenPrivate Garden TerraceTerrace BalconyBalcony Wifi IncludedWifi Included Outdoor ShowersOutdoor Showers Full Western KitchenFull Western Kitchen BathtubBathtub Fully RenovatedFully Renovated (2019) Washing MachineWashing Machine MicrowaveMicrowave OvenOven TVTV Cable TVCable TV Gardening IncludedGardening Included Pool Cleaning IncludedPool Cleaning Included

Basic Information

Property Type Villa
Storeys 2
Location Rawai, Phuket Town, Phuket
Bedrooms 3
Nearest Landmark Chalong Pier -2.5 Km
Indoor Area 200 SqM
Price per SqM ฿40,000
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
240 SqM
Plot Size 300 SqM
Villa Ownership

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

Company
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.

Company
Land Title Deed Chanote
Construction Ready To Move-In
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, Unblocked Open View
Unit Type N/A
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.
N/A
Listed By
Private Owner
Date Listed May 22, 2020
Last Updated 10 months ago
Unit ID U589426

Price Analysis

Above Average
Estimated market value ฿6,504,898
Great
฿4,690,000
Good
Fair
Above
฿7,450,000
Current asking Price: ฿8,000,000 | Advertised rental rate: ฿40,000/mo
This villa is ฿1,495,102 ABOVE MARKET (23%) 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
฿8,000,000
Rent
฿40,000/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.
17
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.
6%

Project Details

Project Name: Saiyuan Med Village
Developer: N/A
Construction: Completed (Nov 2010)
Units: 63
Project Area: N/A
Nearest Landmark Chalong Pier - 2.5 Km
Location: Rawai, Phuket Town, Phuket
Saiyuan Med Village Project Details

Project Features

Hotel Managed Hotel Managed
On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at Saiyuan Med Village

For Sale 3 For Rent 3
Get notified when new homes are being added to Saiyuan Med Village

Loan Calculator

Frequently asked questions

The common area maintenance fee for properties at Saiyuan Med Village is a fixed amount of ฿2,500. 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.
Chalong Pier is the nearest Pier from Saiyuan Med Village and it is 2.5 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 Saiyuan Med Village 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

4.2 out of 5 4.17
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Greek style and high privacy
4.2 Zhiwei Wen, China, 1 year ago
I have lived here for almost 2 years now; it is a long term rental from a Thai landlord who is kind and takes care of the house very well. I chose this place because it is a lovely village in exotic Greek-style design, there is a swimming pool inside the house. Although a little small, the village is very organized and safe. The project has a lot of green areas and space for children to run and play. There also provides common areas such as a clubhouse and swimming pool. There are a lot of foreign neighbors living, including Chinese, Russian, and Korean. The location is very convenient, near Tesco Lotus and Makro within driving distance. Also, close to Rawai and Nai Harn beaches. Not far from the Promthep Cape viewpoint. The project is surrounded by many international restaurants and many shops.

Phuket

Rawai

Neighborhood Overview

Location and Neighborhood

Street View

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