4 Bedroom Villa for sale at Sun Palm Village

5 (1 Review)
Chalong, Phuket Town,Phuket
Unit ID: U61769
6% Rental Yield
Sold Great Price
4 Bedrooms
2 Bathrooms
190 SqM Indoor Area
1 Storeys
Dec 2007 Completed

About This Villa

This property is a 190 SqM villa with 4 bedrooms and 2 bathrooms that is available for sale. It is part of the Sun Palm Village project in Chalong, Phuket and was completed in Dec 2007. You can buy this villa for a base price of ฿8,500,000 (฿44,737/SqM).

Private Pool Villa

  • Private Pool
  • 2 car parking
  • Playground
  • 150m from the beach
  • 800m from pier
  • 900m from shopping mall
  • 24hr security
  • 4 bedroom
  • 1 open area living room

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking

Basic Information

Property Type Villa (Single Detached)
Storeys 1
Location Chalong, Phuket Town, Phuket
Bedrooms 4
Nearest Landmark Ao Yon Beach -5.5 Km
Indoor Area 190 SqM
Price per SqM ฿44,737
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
395 SqM
Plot Size 400 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 Completed (Dec 2007)
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 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.
฿1,600/mo
Listed By
Private Owner
Date Listed Jan 25, 2018
Last Updated 1 week ago
Unit ID U61769

Price Analysis

Great Price
Estimated market value ฿11,117,364
Great
฿8,440,000
Good
Fair
Above
฿15,000,000
Current asking Price: ฿8,500,000 | Rental estimate: ฿39,400/mo
This villa is ฿2,617,364 BELOW MARKET (-24%) 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.
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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.
฿1,600/mo
Est. Rent
฿39,400/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 4 bedroom villas at Sun Palm Village, and the current sales price.
6%

Project Details

Project Name: Sun Palm Village
Developer: N/A
Construction: Completed (Dec 2007)
Units: 81
Project Area: N/A
Nearest Landmark Ao Yon Beach - 5.5 Km
Location: Chalong, Phuket Town, Phuket
Sun Palm Village Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
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Available Units at Sun Palm Village

For Sale 2 For Rent 1
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Frequently Asked Questions

All kind of pets are allowed at Sun Palm Village including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee for properties at Sun Palm Village is a fixed amount of ฿1,600. 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.
Ao Yon Beach is the nearest Beach from Sun Palm Village and it is 5.5 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 Sun Palm 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

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
It's an excellent project for relaxation!
5 James Jackson, United States, 3 years ago
I’ve just moved here for a short time. I like it in terms of the location as it’s in Chalong Bay, considered quiet. The atmosphere around is shady, close to Kata, Karon, and Rawai beaches. In the project, there is a high fence and security guards to take care of us. The atmosphere is quiet and private, suitable for retirees like me. The villa I bought is in good condition, sturdy, and partially furnished, and some of my wife and I bought more. There are 3 bedrooms - one for my wife and I, and another one for my daughter. The last room will be spared for our guests coming to visit us. I think it will be for relatives to travel to Phuket to stay. The pool is not too big or too small, the size is decent. It's an excellent project for relaxation!
Phuket
Chalong

Neighborhood Overview

Location and Neighborhood

Street View

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