3 Bedroom Villa for sale at Nicky Villas

(1 Review)
Si Sunthon, Thalang,Phuket
Unit ID: U632110
18% Rental Yield
3 Bedrooms
3 Bathrooms
141 SqM Indoor Area
1 Storeys
Mar 2020 Completed

About This Villa

This property is a 141 SqM villa with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Nicky Villas project in Si Sunthon, Phuket and was completed in Mar 2020. You can buy this villa for a base price of ฿15,000,000 (฿106,383/SqM) and it is also available for long term rentals starting from ฿220,000 per month.

Discover a new definition of relaxation with a luxury 3-bedrooms pool villa in a residential location providing easy access to numerous amenities, such as Boat Avenue, Cherng Talay, Laguna Complex, Layan Beach, Blue Tree Phuket, Surin Beach, etc. Besides, this beautiful villa is in a modern luxury style with premium furnishings on a usable area of 141 square meters. It also comes with an open-plan kitchen and a breakfast bar. The large bedrooms are open to a private swimming pool, living area, full Western kitchen, open-space dining area, and a Smart-Home system in which you can control electricity and air conditioners easily. It is suitable for those who prefer living in a warm relaxing atmosphere, including speculative investments.

Features

Beach AccessBeach Access Private PoolPrivate Pool Private GardenPrivate Garden Wifi IncludedWifi Included Full Western KitchenFull Western Kitchen Washing MachineWashing Machine MicrowaveMicrowave OvenOven TVTV Cable TVCable TV Gardening IncludedGardening Included Pool Cleaning IncludedPool Cleaning Included

Basic Information

Date Listed Oct 14, 2020
Updated 3 years ago
Property Type Villa (Single Detached)
Storeys 1
Location Si Sunthon, Phuket
Bedrooms 3
Nearest Landmark Bang Tao Beach -2.7 Km
Indoor Area 141 SqM
Price per SqM ฿106,383
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
142 SqM
Plot Size 400 SqM
Pets Not Allowed
Villa Ownership

Foreign nationals can own the building (villa) in their own name but not the land that it stands on.

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, Leasehold
Land Title Deed Chanote
Construction Completed (Mar 2020)
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
Unit Type N/A
Parking Spots 2
Pool Size 9m x 4m
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 U632110

Price Analysis

Fair Price
Estimated market value ฿14,313,830
Great
฿11,700,000
Good
Fair
Above
฿16,300,000
Current asking Price: ฿15,000,000 | Advertised rental rate: ฿220,000/mo
This villa is ฿686,170 ABOVE MARKET (5%) in the Phuket area. It is analyzed against similar villas and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
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Investment Opportunity: Charges & Yield

Sale Price
฿15,000,000
Rent
฿220,000/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.
6
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.
18%

Project Details

Project Name: Nicky Villas
Developer: N/A
Construction: Completed (Mar 2020)
Units: 4
Project Area: N/A
Nearest Landmark Bang Tao Beach - 2.7 Km
Location: Si Sunthon, Phuket
Nicky Villas Project Details

Project Features

Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Communal Garden Area Communal Garden Area
Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning

Loan Calculator

Frequently Asked Questions

Dogs, cats and small pets like rabbits, hamsters and guinea pigs are allowed at Nicky Villas.
Bang Tao Beach is the nearest Beach from Nicky Villas 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 Nicky Villas 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
It's another splendid villa!
Soungbok Bae, South Korea, 3 years ago
My family and I had a chance to stay here. The villa is convenient in terms of location. Easy to reach Boat Avenue. The project is tranquil and highly secured because the system is quite strict. Inside, the villa has beautiful finishing with a simple decorative style, shady atmosphere, and windy. The pool is clean, suitable for those who love swimming and peace. The 3 bedrooms connect to the poo. The living area is spacious; there is a small kitchen and bar for easy cooking. Personally, I love it. It's new, clean and inviting!
Phuket
Si Sunthon

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Nicky Villas

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Year Built
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฿17M - ฿19M
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฿130K - ฿140K
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