Wallaya Villas - Lake View

4.04 (4 Reviews)

Kamala, Kathu,Phuket

Unit ID: U65947
9% Rental Yield
฿11,900,000
Bedroom
3 Bedrooms
Bathroom
4 Bathrooms
Indoor Area
186 SqM Indoor Area
Stairs
3 Storeys
Construction
Dec 2016 Completed

3 Bedroom Villa for sale at Wallaya Villas - Lake View

This property is a 186 SqM villa with 3 bedrooms and 4 bathrooms that is available for sale. It is part of the Wallaya Villas - Lake View project in Kamala, Phuket and was completed in Dec 2016. You can buy this villa for a base price of ฿11,900,000 (฿63,978/SqM) and it is also available for long term rentals starting from ฿85,000 per month.

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Full Western KitchenFull Western Kitchen

Basic Information

Property Type Villa
Storeys 3
Location Kamala, Kathu, Phuket
Bedrooms 3
Nearest Landmark Kamala Beach -1.9 Km
Indoor Area 186 SqM
Price per SqM ฿63,978
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
91 SqM
Plot Size 235 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.

Leasehold
Land Title Deed N/A
Construction Completed (Dec 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) Pool View, Garden 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.
฿4,500/mo
Listed By
Private Owner
Date Listed Feb 21, 2018
Last Updated 1 year ago
Unit ID U65947

Investment Opportunity: Charges & Yield

Sale Price
฿11,900,000
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
Rent
฿85,000/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.
12
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.
9%

Project Details

Developer: Phuket Exclusive
Construction: Completed (Dec 2016)
Units: 6
Project Area: N/A
Nearest Landmark Kamala Beach - 1.9 Km
Location: Kamala, Kathu, Phuket
Wallaya Villas - Lake View Project Details

Project Features

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

Available Units at Wallaya Villas - Lake View

For Sale 1 For Rent 1

Loan Calculator

Frequently asked questions

The common area maintenance fee for properties at Wallaya Villas - Lake View is a fixed amount of ฿4,500. 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.
Kamala Beach is the nearest Beach from Wallaya Villas - Lake View and it is 1.9 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 Wallaya Villas - Lake View 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

Do you own a property at Wallaya Villas - Lake View?

Find out how much your property is worth and start your listing for free.

Reviews

4 out of 5 4.04
Based on
4 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The best vacation here
4 Kirati Lamarche, India, 2 years ago
We had the best Christmas vacation here. The villa is clean and well maintained. Plus, the staff has a service mind. We live in a spacious 3- bedroom villa, modernly designed. There is a car park and a private pool in the villa. The atmosphere around is quiet, very suitable for relaxing for a long vacation like this.
Clean, quiet, suitable for relaxation
4 Jeff Raines, United States, 2 years ago
My family and I stayed here last week. It was such a nice and impressive moment that we could do various activities together. There are staff and housekeepers who are always on time and responsible for their duties. The villa itself has been well-maintained, and the pool is so clean. Besides, the gardens are always decorated beautifully. Bedrooms have good ventilation all day long. The kitchen is fully equipped for easy cooking. The living is as spacious as the kids can run and play around happily. They will not be frustrated to stay at the villa throughout the day. The prices are worthy and accommodate many people, suitable for spending leisure time with the family.
Villas in the heart of Kamala
4.5 Princess Kinkel, United States, 2 years ago
Wallaya Villas is a good project ever. My husband and I bought this villa, and I was so impressed as the project's exterior design is beautiful, charming, and elegant. The project is also located close to many important places that I think it is good to spend the life. These convenient places comprise convenience stores, restaurants, and Kamala Beach, which is considered excellent. The villa interior is beautifully designed to be very pleasing to my husband and me. The furniture provided is also luxurious and classy, ​​giving a sense of comfort while staying here. Besides, I am impressed with the villa's private pool, making the villa look peaceful and giving us perfect relaxation, which is really nice!
Helpful staff, luxury villa near Kamala Beach
3.7 Norah Jett, Sweden, 3 years ago
It is a small villa with a small number of rooms. The staff, therefore, take care thoroughly and provide excellent service. The security system is also excellent. There are CCTV cameras around the project. The villa I live in is a 3 bedroom villa because we live as a big family. The living area is spacious. There is a European-style kitchen. It is also excellent in proportion. What I don't really like is the location. Although it is nestled in the Kamala area and a bit far from the beach, it is quiet and private. If you like silence, this villa is very suitable for you.

Phuket

Kamala

Neighborhood Overview

Location and Neighborhood

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