Unit ID: U1941976
8% Rental Yield
Kathu, Kathu,Phuket
฿5,690,000
3 Bedrooms
2
Bathrooms
154 SqM
Indoor Area
2
Storeys
Jun 2016
Completed

About This House

This property is a 154 SqM house with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the Passorn Kathu-Patong project in Kathu, Phuket and was completed in Jun 2016. You can buy this house for a base price of ฿5,690,000 (฿36,948/SqM).

3 Bedroom House Renoved for sale at Passorn Kathu-Patong

Facilities 💧Communal swimming pool 💧Communal fitness center 💧24-hour security guard 💧With a juristic person taking care of   👉Buy to rent out or speculate on profits, guaranteed profit 👉Buy to live in, good location, no flooding, quiet  

Features

Private GardenPrivate Garden Garden AccessGarden Access Covered ParkingCovered Parking Fully RenovatedFully Renovated (2024) Renovated KitchenRenovated Kitchen (2024) Renovated BathroomRenovated Bathroom (2024)

Basic Information

Date Listed Sep 30, 2024
Updated 6 days ago
Property Type House
Storeys 2
Location Kathu, Phuket
Bedrooms 3
Nearest Landmark Patong Beach -4 Km
Indoor Area 154 SqM
Price per SqM ฿36,948
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
66 SqM
Plot Size 144 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.

Foreign Ownership, 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.

Thai Ownership, Company
Land Title Deed Chanote
Construction Completed (Jun 2016)
Furniture
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) N/A
Unit Type N/A
Parking Spots 1
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
Each listing provided by partnered agents is individually verified by BPP. Partner Agents work for different brokerages or property management companies but have teamed up with BPP so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1941976

Investment Opportunity: Charges & Yield

Sale Price
฿5,690,000
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 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 Passorn Kathu-Patong, and the current sales price.
8%

Project Details

Project Name: Passorn Kathu-Patong
Developer: Pruksa Real Estate
Construction: Completed (Dec 2013)
Units: 152
Project Area: N/A
Nearest Landmark Patong Beach - 4 Km
Location: Kathu, Phuket
Passorn Kathu-Patong Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Outdoor Kids Zone Outdoor Kids Zone
Key card access Key card access

Available Units at Passorn Kathu-Patong

For Sale 6 For Rent 7
Get notified when new homes are being added to Passorn Kathu-Patong
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Frequently Asked Questions

All kind of pets are allowed at Passorn Kathu-Patong including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Patong Beach is the nearest Beach from Passorn Kathu-Patong and it is 4 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 Passorn Kathu-Patong 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

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Neighborhood Overview

Location and Neighborhood

Street View

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