Picasso Villa

5 (1 Review)

Choeng Thale, Thalang,Phuket

Unit ID: U77438
9% Rental Yield
฿27,500,000
Bedroom
5 Bedrooms
Bathroom
5 Bathrooms
Indoor Area
440 SqM Indoor Area
Construction
Jun 2017 Completed

5 Bedroom Villa for sale at Picasso Villa

This property is a 440 SqM villa with 5 bedrooms and 5 bathrooms that is available for sale. It is part of the Picasso Villa project in Choeng Thale, Phuket and was completed in Jun 2017. You can buy this villa for a base price of ฿27,500,000 (฿62,500/SqM) and it is also available for long term rentals starting from ฿200,000 per month.

Features

Private PoolPrivate Pool BalconyBalcony Wifi IncludedWifi Included Full Western KitchenFull Western Kitchen

Basic Information

Property Type Villa
Storeys N/A
Location Choeng Thale, Thalang, Phuket
Bedrooms 5
Nearest Landmark Bang Tao Beach -1.7 Km
Indoor Area 440 SqM
Price per SqM ฿62,500
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 N/A
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.

N/A
Land Title Deed N/A
Construction Completed (Jun 2017)
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) Garden View
Unit Type N/A
Parking Spots N/A
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 Jun 14, 2018
Last Updated 1 month ago
Unit ID U77438

Investment Opportunity: Charges & Yield

Sale Price
฿27,500,000
Rent
฿200,000/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.
11
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

Project Name: Picasso Villa
Developer: Mark Briere-Edney
Construction: Completed (Jun 2017)
Units: 2
Project Area: 1,800 SqM
Nearest Landmark Bang Tao Beach - 1.7 Km
Location: Choeng Thale, Thalang, Phuket
Picasso Villa Project Details

Project Features

Hotel Managed Hotel Managed
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at Picasso Villa

For Sale 1 For Rent 3
Get notified when new homes are being added to Picasso Villa

Loan Calculator

Frequently asked questions

No pets are allowed at Picasso Villa unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Bang Tao Beach is the nearest Beach from Picasso Villa and it is 1.7 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 Picasso Villa 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 Picasso Villa ?

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

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
The wonderful place!!
5 Lucas Ng, Singapore, 2 years ago
This project is a hidden treasure that we have discovered. For 5 days and 4 nights we enjoyed our time together. We stayed at Villa Pablo, it has a 5-bedroom that can accommodate ten people. There is a swimming pool, a garden, parking, and a project also has a football pitch for their customers. It is very amazing! The villa is very clean and complete. Moreover, the room is decorated in a modern style with shirts from famous football players, photos, and signatures. I'm impressed with the quality of service provided by the staff here. They took good care and were helpful. In addition, the atmosphere is calm, which is perfect for relaxing. The beach is also not far from here, just 5-10 minutes away. I will be back again. For sure!

Phuket

Choeng Thale

Neighborhood Overview

Location and Neighborhood

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