Unit ID: U1180732
5% Rental Yield
Ko Kaeo, Phuket Town,Phuket
$322,000
3 Bedrooms
3
Bathrooms
2,153 Sqft
Indoor Area
2
Storeys
Jan 2019
Completed

About This House

This property is a 2,153 Sqft house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Saransiri Kohkaew project in Ko Kaeo, Phuket and was completed in Jan 2019. You can buy this house for a base price of $322,000 ($149/Sqft).

Features

Private GymPrivate Gym Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Full Western KitchenFull Western Kitchen MicrowaveMicrowave OvenOven TVTV

Basic Information

Date Listed Dec 15, 2022
Updated 1 year ago
Property Type House (Single Detached)
Storeys 2
Location Ko Kaeo, Phuket
Bedrooms 3
Nearest Landmark IKEA Phuket -1.8 Km
Indoor Area 2,153 Sqft
Price per Sqft $149
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 3,165 Sqft
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.

Thai Ownership
Land Title Deed Chanote
Construction Completed (Jan 2019)
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.
$49/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1180732

Investment Opportunity: Charges & Yield

Sale Price
$322,000
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.
$49/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.
19
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 Saransiri Kohkaew, and the current sales price.
5%

Project Details

Project Name: Saransiri Kohkaew
Developer: Sansiri
Construction: Completed (Dec 2018)
Units: 202
Project Area: N/A
Nearest Landmark IKEA Phuket - 1.8 Km
Location: Ko Kaeo, Phuket
Saransiri Kohkaew Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Communal Garden Area Communal Garden Area

Available Units at Saransiri Kohkaew

For Sale 2 For Rent 8
Get notified when new homes are being added to Saransiri Kohkaew
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Frequently Asked Questions

All kind of pets are allowed at Saransiri Kohkaew including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
IKEA Phuket is the nearest Shopping Mall from Saransiri Kohkaew and it is 1.8 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 Saransiri Kohkaew 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

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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Reviews

5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Restful and high security
Tidti Tidti, Thailand, 2 years ago
The village is private and tranquil. The security system is high quality. Visitors must always show ID cards for security. There is a large common area, including a swimming pool, a fitness center, a clubhouse, and staff are also taking good care. The house is a 2-story detached house in a corner land plot, making the front garden a bit wider. I've only visited once, but I really enjoy the atmosphere, and I'm impressed. Traveling is also convenient, whether it's into town or out to other provinces because it's in the middle of the island. Highly recommended!
Phuket
Ko Kaeo

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Saransiri Kohkaew

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
Ko Kaeo, Phuket Town, Phuket
Number of units
100
Sales Prices
$133.75K - $162.12K
Monthly Rentals
$946 - $1.49K
Year Built
May 2011
Completion Status
Completed
Project Name
Burasiri Kohkaew
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
327
Sales Prices
$241.16K - $429.62K
▲ 14% overpriced
Monthly Rentals
$1.35K - $2.03K
Year Built
Oct 2013
Completion Status
Completed
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
29
Sales Prices
$456.64K - $1.13M
Monthly Rentals
N/A
Year Built
Dec 2023
Completion Status
Completed
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
128
Sales Prices
$259.13K - $553.92K
Monthly Rentals
$2.43K
Year Built
N/A
Completion Status
Made To Order
Project Name
Crown Phuket
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
128
Sales Prices
$283.71K - $972.73K
Monthly Rentals
$2.16K
Year Built
Jan 2023
Completion Status
Completed
Project Name
Habitown Kohkaew
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
228
Sales Prices
$79.71K - $94.3K
Monthly Rentals
$594 - $1.08K
Year Built
Nov 2014
Completion Status
Completed
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
1005
Sales Prices
$86.2K - $186.44K
Monthly Rentals
$811 - $1.3K
Year Built
Dec 2010
Completion Status
Completed
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
N/A
Sales Prices
$80.79K - $456.64K
Monthly Rentals
$811
Year Built
Jan 2020
Completion Status
Completed
Project Name
Villa Orchid
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
4
Sales Prices
$432.33K - $510.69K
Monthly Rentals
$1.89K - $3.24K
Year Built
Jan 2008
Completion Status
Completed
Project Name
Passorn Koh Kaew
Location
Ko Kaeo, Phuket Town, Phuket
Number of units
161
Sales Prices
$216.16K - $229.67K
▼ -14% underpriced
Monthly Rentals
$1.35K
Year Built
Apr 2017
Completion Status
Completed
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