Unit ID: U671844
5% Rental Yield
Patong, Kathu,Phuket
Sold
3 Bedrooms
3
Bathrooms
134 SqM
Indoor Area
May 2011
Completed

About This House

This property is a 134 SqM house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Patong, Phuket and was completed in May 2011. You can buy this house for a base price of ฿7,245,000 (฿54,067/SqM).

Features

BalconyBalcony MicrowaveMicrowave TVTV

Basic Information

Date Listed Mar 25, 2021
Updated 2 months ago
Property Type House
Storeys N/A
Location Patong, Phuket
Bedrooms 3
Nearest Landmark Patong Hospital -1.9 Km
Indoor Area 134 SqM
Price per SqM ฿54,067
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 200 SqM
Pets All Kind of Pets Allowed
House Ownership

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

Thai Ownership
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 (May 2011)
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
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
Electricity Price N/A
Water Price N/A
Unit ID U671844

Investment Opportunity: Charges & Yield

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.
20
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 3 bedroom houses at Green Hills Villa, and the current sales price.
5%

Project Details

Project Name: Green Hills Villa
Developer: N/A
Construction: Completed (May 2011)
Units: 30
Project Area: N/A
Nearest Landmark Patong Hospital - 1.9 Km
Location: Patong, Phuket
Green Hills Villa Project Details

Project Features

Communal Pool Communal Pool
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Communal Garden Area Communal Garden Area
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Frequently Asked Questions

All kind of pets are allowed at Green Hills Villa including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Patong Hospital is the nearest Hospital from Green Hills Villa and it is 1.9 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 Green Hills 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

Reviews

4.3 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Perfect location, better than I expected.
Sokolova Sokolov, Russia, 5 years ago
My family and I had a great time here. We love the villa. The one I booked has 3 bedrooms, brand-new and clean, furnished with beautiful furniture. There is an infinity pool in the middle of the villa and free WiFi, but the signal was not good. There are many restaurants and shops nearby, very convenient because Jungceylon is only 2 kilometers away. I recommend it!
Phuket
Patong

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Green Hills Villa

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
Patong, Kathu, Phuket
Number of units
28
Sales Prices
฿4.4M
Monthly Rentals
N/A
Year Built
Aug 2011
Completion Status
Completed
Location
Patong, Kathu, Phuket
Number of units
122
Sales Prices
฿5.45M - ฿8.25M
▲ 15.3% overpriced
Monthly Rentals
N/A
Year Built
Jul 2019
Completion Status
Completed
Location
Patong, Kathu, Phuket
Number of units
18
Sales Prices
฿3M - ฿15.6M
Monthly Rentals
฿13K - ฿40K
Year Built
Dec 2012
Completion Status
Completed
Project Name
Patong Loft
Location
Patong, Kathu, Phuket
Number of units
82
Sales Prices
฿2.5M - ฿7.5M
▲ 5% overpriced
Monthly Rentals
฿25K - ฿50K
Year Built
Dec 2006
Completion Status
Completed
Location
Kathu, Kathu, Phuket
Number of units
N/A
Sales Prices
฿3.99M - ฿4.59M
Monthly Rentals
N/A
Year Built
Jun 2024
Completion Status
Completed
Location
Kathu, Kathu, Phuket
Number of units
120
Sales Prices
฿13.8M
Monthly Rentals
฿70K - ฿130K
Year Built
Sep 2016
Completion Status
Completed
Location
Patong, Kathu, Phuket
Number of units
305
Sales Prices
฿2.4M - ฿3.7M
▼ -1.7% underpriced
Monthly Rentals
N/A
Year Built
Nov 2017
Completion Status
Completed
Location
Patong, Kathu, Phuket
Number of units
N/A
Sales Prices
฿2.5M - ฿7.5M
Monthly Rentals
฿25K - ฿30K
Year Built
Jan 2017
Completion Status
Completed
Location
Patong, Kathu, Phuket
Number of units
178
Sales Prices
฿2.1M - ฿6.3M
▼ -1.2% underpriced
Monthly Rentals
฿20K - ฿45K
Year Built
May 2015
Completion Status
Completed
Location
Kathu, Kathu, Phuket
Number of units
64
Sales Prices
฿15.7M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
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