Wyndham La Vita

4 (1 Review)

Rawai, Phuket Town,Phuket

Unit ID: U638196
6% GUAR. RETURN FOR 2 YEARS
฿4,299,000 Great Price
Bedroom
Studio Bedroom
Bathroom
1 Bathroom
Indoor Area
28.60 SqM Size
Floors
2 Floor
Construction
Dec 2020 Completed

Studio Condo for sale at Wyndham La Vita

This property is a 28.60 SqM studio condo with 1 bathroom that is available for sale. It is part of the Wyndham La Vita project in Rawai, Phuket and was completed in Dec 2020. You can buy this condo for a base price of ฿4,299,000 (฿150,315/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 2
Bedroom Studio
Size 28.60 SqM
Price per SqM ฿150,315
Condo Ownership

Foreign nationals can be freehold owners of condominium units, in buildings where not more than 49% of the unit floor space is owned by foreigners. Units that are part of the Thai quota or are being leased for 30 years can be converted to the foreign freehold quota if that is currently below 49%.

Leasehold
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) Mountain View
Unit Type STU
Building N/A
CAM Fee
These common area maintenance (CAM) fees are paid by owners for the upkeep of the common areas of condominiums and housing projects. For new residential developments, it is common to pay up to 1-3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿1,716/mo
Listed By
Developer
Date Listed Oct 30, 2020
Last Updated 10 months ago
Unit ID U638196

Price Analysis

Great Price
Estimated market value ฿4,540,271
Great
฿4,510,000
Good
Fair
Above
฿5,960,000
Current asking Price: ฿4,299,000
This condo is ฿241,271 BELOW MARKET (-5%) in the Phuket area. It is analyzed against similar condos 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
฿4,299,000
CAM Fee
These common area maintenance (CAM) fees are paid by owners for the upkeep of the common areas of condominiums and housing projects. For new residential developments, it is common to pay up to 1-3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿1,716/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
Guaranteed Rental Return
6%
Guarantee Duration
2 Years

Project Details

Project Name: Wyndham La Vita
Developer: VIP Thailand
Construction: Completed (Dec 2020)
Floors: 7
Buildings: 8
Units: 516
Project Area: 18,400 SqM
Nearest Landmark Nai Harn Beach - 1.2 Km
Location: Rawai, Phuket Town, Phuket
Wyndham La Vita Project Details

Project Features

Hotel Managed Hotel Managed
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Spa Spa
Reception / Lobby Area Reception / Lobby Area
Massage Room Massage Room
Communal Garden Area Communal Garden Area
Kids Club Kids Club

Popular Facilities at Wyndham La Vita

  • Communal Pool
    Ground Floor

Available Units at Wyndham La Vita

Get notified when new homes are being added to Wyndham La Vita

Loan Calculator

Payment Plan

One Bed
Installment Milestone Payment
Deposit
Immediately
฿50,000
1st Installment
Within 30 days after paid deposit
30%
2nd Installment
Within 3 months
20%
3rd Installment
On handover
50%
Two Bed
Installment Milestone Payment
Deposit
Immediately
฿100,000
1st Installment
Within 30 days after paid deposit
30%
2nd Installment
Within 3 months
20%
3rd Installment
On handover
50%

Frequently asked questions

No pets are allowed at Wyndham La Vita unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
The common area maintenance fee is ฿60 per square meter based on the size of indoor area of the property and is ฿1,716 for this condo. This fee 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 Wyndham La Vita the required payment for the sinking fund is ฿400 per square meter based on the size of the indoor area of the property.
Wyndham La Vita offers a guaranteed rental return of 6% (based on the purchase price of the property) for a duration of 2 Years.
Read more here.
Nai Harn Beach is the nearest Beach from Wyndham La Vita and it is 1.2 km away.

Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.

In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name.  The ownership titles of these 49 units is referred to as Freehold or Foreign Quota. 

This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.

 

Read more here

After you have found the right property at Wyndham La Vita you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


One Bed
Installment Milestone Payment
Deposit
Immediately
฿50,000
1st Installment
Within 30 days after paid deposit
30%
2nd Installment
Within 3 months
20%
3rd Installment
On handover
50%
Two Bed
Installment Milestone Payment
Deposit
Immediately
฿100,000
1st Installment
Within 30 days after paid deposit
30%
2nd Installment
Within 3 months
20%
3rd Installment
On handover
50%

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 Wyndham La Vita?

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Reviews

4 out of 5 4
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Beautiful accommodation, excellent service
4 Murray Ellery, Ireland, 1 year ago
It is a new condo in Phuket and newly built. The project surrounding it is great, clean, pleasant, and tranquil. There is also a swimming pool, spa, and children's playground. It's convenient for my family and kids because they can play in the kids' room. There are also tons of different activities that enhance children's development. Anyway, my husband and I always have a spa service; the massage is so good. The gym is also fully equipped. I chose 2 bedrooms because we stay 4 people and my children need some space to play in. The room is spacious with a private balcony and offering a beautiful pool view. The room decor is so nice and cozy, suitable for leisure the whole day. Besides, there is much different food, including Thai, Chinese, and European food for the residents to taste. While I stay here, I'm never bored with tasting food. Apart from the main dish, there are also a lot of desserts, tasty and convenient. More importantly, it is 5 minutes to Rawai Beach, where it is not crowded and suitable for relaxing.

Phuket

Rawai

Neighborhood Overview

Location and Neighborhood

Street View

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