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    4 Bedroom House for sale at Nimman Phuket
    Ratsada, Phuket Town,Phuket
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    Sale Price
    ₿6.975
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    4 Bedroom House for sale at Nimman Phuket

     (Write Review)
    Ratsada, Phuket Town,Phuket
    Unit ID: U1878168
    9% Rental Yield
    4 Bedrooms
    3.5 Bathrooms
    3,897 Sqft Indoor Area
    2 Storeys
    Oct 2024 Completed
     (Write Review)
    Sale Price
    ₿6.975
    10

    About This House

    This property is a 3,897 Sqft house with 4 bedrooms and 3.5 bathrooms that is available for sale. It is part of the project in Ratsada, Phuket and was completed in Oct 2024. You can buy this house for a base price of ₿6.975 (₿0.002/Sqft).

    Features

    Private PoolPrivate Pool Private GardenPrivate Garden Garden AccessGarden Access TerraceTerrace Covered ParkingCovered Parking Outdoor ShowersOutdoor Showers

    Basic Information

    Date Listed Jun 19, 2024
    Updated 5 months ago
    Property Type House
    Storeys 2
    Location Ratsada, Phuket
    Bedrooms 4
    Nearest Landmark Tawee Saman Market -1.1 Km
    Indoor Area 3,897 Sqft
    Price per Sqft ₿0.002
    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 3,229 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.

    Foreign Ownership, Thai Ownership, Company, Leasehold
    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 (Oct 2024)
    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) Pool View, 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 U1878168

    Investment Opportunity: Charges & Yield

    Sale Price
    ₿6.975
    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.
    11
    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 4 bedroom houses at Nimman Phuket, and the current sales price.
    9%

    Project Details

    Project Name: Nimman Phuket
    Developer: N/A
    Construction: Completed (Jan 2023)
    Units: 19
    Project Area: N/A
    Nearest Landmark Tawee Saman Market - 1.1 Km
    Location: Ratsada, Phuket
    Nimman Phuket Project Details

    Project Features

    24H Security 24H Security
    Car Parking Car Parking

    Available Units at Nimman Phuket

    For Sale 7 For Rent 2
    • All
    • 3 Beds
    • 4 Beds
    Get notified when new homes are being added to Nimman Phuket
    View All (7)

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    Frequently Asked Questions

    Tawee Saman Market is the nearest Market from Nimman Phuket and it is 1.1 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 Nimman Phuket 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

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    Phuket
    Ratsada

    Neighborhood Overview

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