Unit ID: U1058904
9% Rental Yield
Tenant-Occupied until Sep 1, 2025
Patong, Kathu,Phuket
฿4,900,000 ฿5,300,000
2 Bedrooms
1
Bathroom
130 SqM
Size
Dec 2007
Completed

About This Apartment

This property is a 130 SqM apartment with 2 bedrooms and 1 bathroom that is available for sale. It is part of the project in Patong, Phuket and was completed in Dec 2007. You can buy this apartment for a base price of ฿4,900,000 (฿37,692/SqM) and it is also available for long term rentals starting from ฿35,000 per month.

Features

BalconyBalcony Full Western KitchenFull Western Kitchen MicrowaveMicrowave OvenOven TVTV

Basic Information

Date Listed Dec 19, 2022
Updated 1 month ago
Property Type Apartment
Floor N/A
Bedrooms 2
Size 130 SqM
Price per SqM ฿37,692
Pets Cats and Dogs (small only)
Apartment Ownership

Foreign nationals can own condominium units as freehold owners in buildings where no 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 it 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) City View, Unblocked Open View
Unit Type N/A
Building 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
Electricity Price N/A
Water Price N/A
Unit ID U1058904

Investment Opportunity: Charges & Yield

Sale Price
฿4,900,000
Rent
฿35,000/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

Project Name: Melville House
Developer: N/A
Construction: Completed (Dec 2007)
Floors: 6
Buildings: N/A
Units: 4
Project Area: N/A
Nearest Landmark Central Patong - 1.4 Km
Location: Patong, Phuket
Melville House Project Details

Project Features

Communal Pool Communal Pool
Bar Bar
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Reception / Lobby Area Reception / Lobby Area

Available Units at Melville House

For Sale 1 For Rent 3
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Frequently Asked Questions

Small dogs (weight under 15 kg), cats and small pets like rabbits, hamsters and guinea pigs are allowed at Melville House.
Central Patong is the nearest Shopping Mall from Melville House and it is 1.4 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 Melville House you have to follow these steps:

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

 


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

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Phuket
Patong

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Melville House

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Year Built
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Project Name
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Year Built
Completion Status
Location
Patong, Kathu, Phuket
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Year Built
May 2002
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Completed
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Completed
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Completion Status
Completed
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Patong, Kathu, Phuket
Number of units
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Completed
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Patong, Kathu, Phuket
Number of units
168
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Location
Patong, Kathu, Phuket
Number of units
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Year Built
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Completion Status
Completed
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