2 Bedroom House for sale at Chao Fah Garden Home 5

 (Write Review)
Wichit, Phuket Town,Phuket
Unit ID: U1890216
2 Bedrooms
2 Bathrooms
186 SqM Indoor Area
1 Storeys
Apr 2015 Completed

About This House

This property is a 186 SqM house with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Wichit, Phuket and was completed in Apr 2015. You can buy this house for a base price of ฿4,200,000 (฿22,581/SqM).

Features

Private GardenPrivate Garden Covered ParkingCovered Parking Fully RenovatedFully Renovated (2021)

Basic Information

Date Listed Jul 5, 2024
Updated 5 months ago
Property Type House
Storeys 1
Location Wichit, Phuket
Bedrooms 2
Nearest Landmark Wat Chalong -2.7 Km
Indoor Area 186 SqM
Price per SqM ฿22,581
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
30 SqM
Plot Size 216 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.

Thai Ownership
Land Title Deed Chanote
Construction Completed (Apr 2015)
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, Garden View, Unblocked Open View
Unit Type N/A
Parking Spots 3
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 U1890216

Investment Opportunity: Charges & Yield

Sale Price
฿4,200,000
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.
10
Rental Yield
10%

Project Details

Project Name: Chao Fah Garden Home 5
Developer: N/A
Construction: Completed (Apr 2015)
Units: 384
Project Area: N/A
Nearest Landmark Wat Chalong - 2.7 Km
Location: Wichit, Phuket
Chao Fah Garden Home 5 Project Details

Project Features

24H Security 24H Security
Car Parking Car Parking

Available Units at Chao Fah Garden Home 5

For Sale 7 For Rent 5
Get notified when new homes are being added to Chao Fah Garden Home 5
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Frequently Asked Questions

All kind of pets are allowed at Chao Fah Garden Home 5 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Wat Chalong is the nearest Temple from Chao Fah Garden Home 5 and it is 2.7 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 Chao Fah Garden Home 5 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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Phuket
Wichit

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Chao Fah Garden Home 5

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Number of units
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Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
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Year Built
Completion Status
Location
Wichit, Phuket Town, Phuket
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15
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฿5.22M
▲ 1% overpriced
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Wichit, Phuket Town, Phuket
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฿2.79M - ฿6.5M
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Completion Status
Completed
Location
Wichit, Phuket Town, Phuket
Number of units
100
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฿4.2M - ฿22M
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Wichit, Phuket Town, Phuket
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฿2.98M - ฿14M
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Location
Wichit, Phuket Town, Phuket
Number of units
N/A
Sales Prices
฿15.8M - ฿19.5M
▼ -18% underpriced
Monthly Rentals
฿120K - ฿150K
Year Built
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Completion Status
Completed
Location
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Number of units
100
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฿8.8M - ฿30.4M
▲ 4% overpriced
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Location
Wichit, Phuket Town, Phuket
Number of units
300
Sales Prices
฿3.39M - ฿25M
Monthly Rentals
฿17K - ฿55K
Year Built
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Completion Status
Completed
Project Name
Baan Prangthong
Location
Wichit, Phuket Town, Phuket
Number of units
84
Sales Prices
฿8.9M - ฿10M
▲ 4% overpriced
Monthly Rentals
฿35K - ฿120K
Year Built
Jan 2007
Completion Status
Completed
Location
Wichit, Phuket Town, Phuket
Number of units
212
Sales Prices
฿5.3M
Monthly Rentals
฿37K
Year Built
Sep 2020
Completion Status
Completed
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