3 Bedroom House for sale at Baan Prangthong

(2 Reviews)
Wichit, Phuket Town,Phuket
Unit ID: U776178
4% Rental Yield
Tenant-Occupied until May 3, 2024
3 Bedrooms
3 Bathrooms
225 SqM Indoor Area
2 Storeys
Jan 2007 Completed

About This House

This property is a 225 SqM house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Baan Prangthong project in Wichit, Phuket and was completed in Jan 2007. You can buy this house for a base price of £205,000 (£911/SqM) and it is also available for long term rentals starting from £769 per month.

Ideal house to spend your retirement

This is a very nice house in a safe area nearby Phuket town. Ideal to spend your retirement or also for Expats. Swiss owner. 

Features

Rooftop TerraceRooftop Terrace Private GardenPrivate Garden Garden AccessGarden Access TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Full Western KitchenFull Western Kitchen BathtubBathtub Fully RenovatedFully Renovated (2019) Renovated KitchenRenovated Kitchen (2018) OvenOven Cable TVCable TV Gardening IncludedGardening Included

Basic Information

Date Listed Apr 19, 2023
Updated 2 months ago
Property Type House (Single Detached)
Storeys 2
Location Wichit, Phuket
Bedrooms 3
Nearest Landmark Karon Beach -7.3 Km
Indoor Area 225 SqM
Price per SqM £911
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
50 SqM
Plot Size 300 SqM
Pets Not Allowed
House Ownership

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

Foreign 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 2007)
Furniture
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) Park 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.
£1/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U776178

Price Analysis

Fair Price
Estimated market value £196,000
Great
£146,000
Good
Fair
Above
£288,000
Current asking Price: £205,000 | Advertised rental rate: £769/mo
This house is £9,000 ABOVE MARKET (5%) in the Phuket area. It is analyzed against similar houses and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
Powered by FazWaz AVM

Investment Opportunity: Charges & Yield

Sale Price
£205,000
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.
£1/mo
Rent
£769/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.
22
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.
4%

Project Details

Project Name: Baan Prangthong
Developer: N/A
Construction: Completed (Jan 2007)
Units: 84
Project Area: N/A
Nearest Landmark Karon Beach - 7.3 Km
Location: Wichit, Phuket
Baan Prangthong Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at Baan Prangthong

For Sale 4 For Rent 2
Get notified when new homes are being added to Baan Prangthong
View All (4)

Loan Calculator

Frequently Asked Questions

No pets are allowed at Baan Prangthong unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Karon Beach is the nearest Beach from Baan Prangthong and it is 7.3 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 Baan Prangthong 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

Do you own a property at Baan Prangthong?

Find out how much your property is worth and start your listing for free.

Reviews

4.8 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A very peaceful village
David Tyler, Canada, 4 years ago
I can say that the atmosphere here is perfect for family living. It's like an oasis in the midst of the chaos outside. Within the project, there is a large park and a good security system. Very private and quiet. Each house will be built in a large space, so it doesn't feel cramped. The neighbors are lovely and friendly. The house I rented has four bedrooms and a private pool. The rental fee is a little bit high, but I can live with it. The outdoor facilities are really worth it. It's close to the kids' school, so I won't have to wake up early to avoid a traffic jam. Also, it is close to the Central Festival shopping mall, which is a favorite hangout place for our family.
Great house close to Phuket town
Charlie Turner, Australia, 4 years ago
I have been in this house with my family for many years. Everyone is pleased with the place. The house is very spacious, with three bedrooms. There is a garden which is spacious enough for every member to do outdoor activities together. Besides, there is a private swimming pool; the size is enough for my son to enjoy. More importantly, it is not far from Phuket town as it takes only 10 mins driving, so I don’t waste my time on traveling.
Phuket
Wichit

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Baan Prangthong

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
Project Name
Bella Villa
Location
Wichit, Phuket Town, Phuket
Number of units
10
Sales Prices
£394K - £547K
Monthly Rentals
N/A
Year Built
Jun 2024
Completion Status
Off Plan
Project Name
Omis Condominuim
Location
Wichit, Phuket Town, Phuket
Number of units
110
Sales Prices
£65.2K - £305K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Location
Wichit, Phuket Town, Phuket
Number of units
878
Sales Prices
£72.2K - £85.3K
Monthly Rentals
£547 - £1.09K
Year Built
Aug 1998
Completion Status
Completed
Location
Wichit, Phuket Town, Phuket
Number of units
100
Sales Prices
£438K - £459K
▼ -21% underpriced
Monthly Rentals
£372 - £2.84K
Year Built
Feb 2003
Completion Status
Completed
Location
Chalong, Phuket Town, Phuket
Number of units
111
Sales Prices
£65.4K
Monthly Rentals
N/A
Year Built
Jan 2012
Completion Status
Completed
Project Name
Tarn Tong Villa
Location
Wichit, Phuket Town, Phuket
Number of units
489
Sales Prices
£50.5K - £83.1K
▼ -46% underpriced
Monthly Rentals
£547 - £985
Year Built
Dec 2009
Completion Status
Completed
Project Name
Than Thong Villa
Location
Wichit, Phuket Town, Phuket
Number of units
489
Sales Prices
£76.6K - £83.1K
Monthly Rentals
£766
Year Built
Jan 2000
Completion Status
Completed
Location
Wichit, Phuket Town, Phuket
Number of units
15
Sales Prices
£114K
▲ 1% overpriced
Monthly Rentals
N/A
Year Built
Dec 2014
Completion Status
Completed
Project Name
Phuket Villa 3
Location
Wichit, Phuket Town, Phuket
Number of units
248
Sales Prices
£56.7K
Monthly Rentals
N/A
Year Built
Jan 1998
Completion Status
Completed
Location
Wichit, Phuket Town, Phuket
Number of units
572
Sales Prices
£59.1K - £197K
Monthly Rentals
N/A
Year Built
Oct 2015
Completion Status
Completed
Back to top
  • Fazwaz Group Sites www.fazwaz.cn www.fazwaz.ru www.fazwaz.fr www.fazwaz.de www.fazwaz.es