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    2 Bedroom Townhouse for sale at The Passion Residence @ Baan Pon
    Thep Krasattri, Thalang,Phuket
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    Sale Price
    $97,200
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    2 Bedroom Townhouse for sale at The Passion Residence @ Baan Pon
     (Write Review)
    Unit ID: U1620826
    12% Rental Yield
    Tenant-Occupied until Jun 1, 2024
    Thep Krasattri, Thalang,Phuket
    $97,200
    2 Bedrooms
    2
    Bathrooms
    915 Sqft
    Indoor Area
    2
    Storeys
    Dec 2022
    Completed
    11
    Sale Price
    $97,200

    About This Townhouse

    This property is a 915 Sqft townhouse with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the The Passion Residence @ Baan Pon project in Thep Krasattri, Phuket and was completed in Dec 2022. You can buy this townhouse for a base price of $97,200 ($106/Sqft) and it is also available for long term rentals starting from $945 per month.

    Features

    Private GardenPrivate Garden TerraceTerrace BalconyBalcony Wifi IncludedWifi Included Full Western KitchenFull Western Kitchen MicrowaveMicrowave OvenOven TVTV

    Basic Information

    Date Listed Jun 23, 2023
    Updated 10 months ago
    Property Type Townhouse
    Storeys 2
    Location Thep Krasattri, Phuket
    Bedrooms 2
    Nearest Landmark Bang Tao Beach -4.3 Km
    Indoor Area 915 Sqft
    Price per Sqft $106
    Outdoor Area
    This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
    1,066 Sqft
    Plot Size 1,066 Sqft
    Pets Cats Only
    Townhouse Ownership

    Foreign nationals can own the building (townhouse) 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 (Dec 2022)
    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 2
    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 U1620826

    Investment Opportunity: Charges & Yield

    Sale Price
    $97,200
    Rent
    $945/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.
    9
    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.
    12%

    Project Details

    Project Name: The Passion Residence @ Baan Pon
    Developer: The Passion Residence
    Construction: Completed (Dec 2022)
    Units: 7
    Project Area: 8,611 Sqft
    Nearest Landmark Bang Tao Beach - 4.3 Km
    Location: Thep Krasattri, Phuket
    The Passion Residence @ Baan Pon Project Details

    Project Features

    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Communal Garden Area Communal Garden Area

    Available Units at The Passion Residence @ Baan Pon

    For Sale 4 For Rent 2
    • All
    • 2 Beds
    • 3 Beds
    Get notified when new homes are being added to The Passion Residence @ Baan Pon
    View All (4)

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    Frequently Asked Questions

    All kind of pets are allowed at The Passion Residence @ Baan Pon including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    Bang Tao Beach is the nearest Beach from The Passion Residence @ Baan Pon and it is 4.3 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 The Passion Residence @ Baan Pon you have to follow these steps:

    • - Agreement of terms and conditions
    • - Reservation Agreement
    • - Reservation Deposit
    • - Sales and Purchase Agreement
    • - Settlement & Transfer
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    $270
    1st Installment
    On handover
    100%


    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

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    Phuket
    Thep Krasattri

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