Nai Harn Baan Bua - Baan Varij

4.83 (1 Review)

Rawai, Phuket Town,Phuket

Unit ID: U42651
8% Rental Yield
Sold Great Price
Bedroom
4 Bedrooms
Bathroom
4 Bathrooms
Indoor Area
427.63 SqM Indoor Area
Stairs
2 Storeys
Construction
18 Months Made To Order

About This Villa

This property is a 427.63 SqM villa with 4 bedrooms and 4 bathrooms that is available for sale. It is part of the Nai Harn Baan Bua - Baan Varij project in Rawai, Phuket and will be built within 18 months of purchase. You can buy this villa for a base price of ฿23,670,300 (฿55,352/SqM).

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Maids QuartersMaids Quarters

Basic Information

Property Type Villa
Storeys 2
Location Rawai, Phuket Town, Phuket
Bedrooms 4
Nearest Landmark Nai Harn Beach -1.4 Km
Indoor Area 427.63 SqM
Price per SqM ฿55,352
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
59 SqM
Plot Size 675 SqM
Villa Ownership

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

Foreign 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.

N/A
Land Title Deed N/A
Construction Made To Order (18 Months)
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 4BR
Parking Spots 2
Pool Size 4m x 10m
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.
฿6,600/mo
Listed By
Developer
Date Listed Dec 7, 2017
Last Updated 7 months ago
Unit ID U42651

Price Analysis

Good Price
Estimated market value ฿24,718,897
Great
฿13,600,000
Good
Fair
Above
฿29,200,000
Current asking Price: ฿23,670,300 | Rental estimate: ฿150,000/mo
This villa is ฿1,048,597 BELOW MARKET (-4%) 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

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.
฿6,600/mo
Est. Rent
฿150,000/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.
13
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 4 bedroom villas at Nai Harn Baan Bua - Baan Varij, and the current sales price.
8%

Project Details

Developer: Nai Harn Baan-Bua
Construction: Made To Order (18 Months)
Units: 23
Project Area: N/A
Nearest Landmark Nai Harn Beach - 1.4 Km
Location: Rawai, Phuket Town, Phuket
Nai Harn Baan Bua - Baan Varij Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Close
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Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
3%
1st Installment
Upon contract signing
17%
2nd Installment
Upon completion of pilings and superstructure
20%
3rd Installment
Upon completion of main structure
20%
4th Installment
Upon completion of roofs, walls, partitions
20%
5th Installment
Upon completion of floors, paint, and finishing work
10%
6th Installment
On completion
10%

Frequently Asked Questions

All kind of pets are allowed at Nai Harn Baan Bua - Baan Varij including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee for properties at Nai Harn Baan Bua - Baan Varij is a fixed amount of ฿6,600. 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 Nai Harn Baan Bua - Baan Varij the required payment for the sinking fund is a fixed amount of ฿150,000.
Nai Harn Beach is the nearest Beach from Nai Harn Baan Bua - Baan Varij and it is 1.4 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

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.

#1 - 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. 

#2 - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)

#3 - Is there a succession clause in the lease agreement that will allow inheritance of the lease?

 

Read more here

After you have found the right property at Nai Harn Baan Bua - Baan Varij you have to follow these steps:

 

  • Unit selection and agreement of terms and conditions 

  • Reservation Agreement

  • Reservation Deposit 

  • Sales and Purchase Agreement

  • 1st Contract Payment 

  • Payment Installments

  • Snag List

  • Transfer

 


Installment Milestone Payment
Reservation Deposit
Immediately
3%
1st Installment
Upon contract signing
17%
2nd Installment
Upon completion of pilings and superstructure
20%
3rd Installment
Upon completion of main structure
20%
4th Installment
Upon completion of roofs, walls, partitions
20%
5th Installment
Upon completion of floors, paint, and finishing work
10%
6th Installment
On completion
10%

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

4.8 out of 5 4.83
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Superb Villa next to Naiharn Beach
4.8 Arina Averin, Russia, 4 years ago
My family and I have been renting villas for almost a year. This rental villa is a four-bedroom villa with a private bathroom. I really like the atmosphere as it is surrounded by a mountain view which is so peaceful. The villa is spacious and is divided into bedrooms, bathrooms, living rooms, and a kitchen. Plus, there are complete facilities, such as reception, Wifi, garden, and most importantly, there is a 24-hour security system that makes me feel at ease when staying here. Also, it takes only 5 minutes to drive to Nai Harn Beach and Rawai Beach, and only a few minutes to restaurants. I recommend it here. It's a great getaway!
Phuket
Rawai

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Projects Nearby Nai Harn Baan Bua - Baan Varij

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
Rawai, Phuket Town, Phuket
Number of units
12
Sales Prices
฿11.6M - ฿11.7M
▲ 21% overpriced
Monthly Rentals
฿60.5K
Year Built
N/A
Completion Status
Made To Order
Location
Rawai, Phuket Town, Phuket
Number of units
353
Sales Prices
฿5.51M - ฿5.61M
▲ 28% overpriced
Monthly Rentals
N/A
Year Built
Jan 2022
Completion Status
Completed
Project Name
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Location
Rawai, Phuket Town, Phuket
Number of units
46
Sales Prices
฿3.93M - ฿5.55M
▼ -8% underpriced
Monthly Rentals
N/A
Year Built
Dec 2016
Completion Status
Completed
Location
Rawai, Phuket Town, Phuket
Number of units
75
Sales Prices
฿3.73M - ฿4.94M
▼ -12.3% underpriced
Monthly Rentals
฿27.2K - ฿45.4K
Year Built
May 2016
Completion Status
Completed
Project Name
Nai Harn Re-Life
Location
Rawai, Phuket Town, Phuket
Number of units
62
Sales Prices
฿3.53M
Monthly Rentals
฿17.2K
Year Built
Apr 2016
Completion Status
Completed
Project Name
Nai Harn Baan Bua
Location
Rawai, Phuket Town, Phuket
Number of units
23
Sales Prices
฿18.7M - ฿42.2M
▼ -3.5% underpriced
Monthly Rentals
฿75.7K - ฿303K
Year Built
Nov 2004
Completion Status
Completed
Project Name
ReLife The Windy
Location
Rawai, Phuket Town, Phuket
Number of units
120
Sales Prices
฿3.23M - ฿6.22M
▼ -0.7% underpriced
Monthly Rentals
฿20.2K
Year Built
Sep 2019
Completion Status
Completed
Location
Rawai, Phuket Town, Phuket
Number of units
15
Sales Prices
฿8.71M - ฿29.3M
▼ -7.9% underpriced
Monthly Rentals
N/A
Year Built
Jun 2008
Completion Status
Completed
Project Name
Two Villas Naya
Location
Rawai, Phuket Town, Phuket
Number of units
N/A
Sales Prices
฿16.5M
Monthly Rentals
฿75.7K
Year Built
Jan 2013
Completion Status
Completed
Location
Rawai, Phuket Town, Phuket
Number of units
4
Sales Prices
฿13.6M
Monthly Rentals
N/A
Year Built
Mar 2013
Completion Status
Completed
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