6
6
572
572 Sqm., 6 Beds, 6 Baths House listed for ฿ 14,000,000.
ONE PRICE OF 14,000,000 BAHT BUYS TWO VILLAS.
Two stand-alone pool villas, completed in 2013, each with 3 bedrooms, their own garden, pools, and titles, located in popular Bang Jo, CherngTalay, 5 minutes from Blue Tree.
Uncomplicated renovation/redecoration project with projected high short-term returns.
- 75% return on Capital Employed (based on expected resale value per villa of THB 15M)
- 10.5% rental return per annum (based on expected combined rental income of 1.9M p.a.)
The villas can also be purchased separately at THB 7,900,000 each.
Villa Details (x2)- Villa Built: 286 sqm
- Villa Land area: 290 sqm
- Villa Land Title: Chanote
- Accommodation: 3 Bedrooms, 3 Bathrooms
- Design: modern, two-story with pool & garden
- Villas to be sold together (or separately at THB 7.9M each)
- Sold in "as-is" condition, hence the distressed sales price
- Requires refurbishment and redecoration.
- Builders estimate THB 2-3M per villa
- Each Villa to be Purchased Freehold
- Each Chanote to be Purchased Freehold or Registered lease
- If Purchasing Chanotes, buyer pays transfer fees and taxes
Designed and constructed by a local architect who remains active in the local area for UK clients as holiday/rental homes.
Both villas are completed, landscaped, and the pool and systems are commissioned.
Villa One was furnished and rented out to paying guests during the early part of COVID, and Villa Two was left vacant. More recently, both were temporarily occupied by families of construction staff.
The finishes inside and outside of both villas have deteriorated, mostly due to neglect of any cleaning, maintenance, or pest control activities.
No obvious structural, roof, or systemic water-related problems have appeared and the villas are not damp.
Internal renovations are required for the fittings, certain flooring finishes, kitchen, bathrooms, the occasional gypsum ceiling patch, electrical and light fittings, and re-painting inside and out.
External renovations required for pool tiling and system, outdoor storage, M+E, landscaping, jet washing, and repainting.
Renovations can be completed within 3-6 months.
Property Detail
- Sale Price
- 14,000,000
- Bedroom
- 6
- Bathroom
- 6
- Interior size
- 572.00 Sqm.
- Type
- Detached House
- Floor
- -
- Land size
- 580 Sqm.
- Reference
- SI-BAN98
Location
Pulse Real Estate is an award-winning real estate agency with a full team exclusively dedicated to the Phuket market. We always take the time to sit down and listen to your requirements so we can recommend properties most suitable to your lifestyle and needs. We have been in business since 2012, and our local property experts have all the knowledge and expertise needed to guide you through the process until you are holding the keys to your new home in Phuket.
Average Rating
Based on 1 reviews
-
1
- 0%
-
2
- 0%
-
3
- 0%
-
4
- 25%
-
5
- 75%
Loan Calculator
- Property Price:
- Down Payment:
- Loan Amount:
Similar Homes
Luxurious 6 Bedroom Panoramic Sea View Villa for Sale in Karon, Phuket
Mueang Phuket, Phuket
MAGNIFICENT 6 BED POOL VILLA – RAWAI
Mueang Phuket, Phuket
Oceanfront Opulence Exceptional 6-Bed Retreat in Koh Samui
Mueang Phuket, Phuket
RAW2644: Ultimate panoramic seview 6 bedroom villa in Rawai, South of Phuket
Mueang Phuket, Phuket
NAI5456: Beautiful Villa with 6 Bedrooms and Swimming Pool in Secured Area, Nai Harn
Mueang Phuket, Phuket
CAP6101: Luxury 6-bedroom Villa with a private Beach on its front and Panoramic Sea View
Mueang Phuket, Phuket
KAT21709: Six Bedroom Luxury Villa in Kata
Mueang Phuket, Phuket
KAT21824: Luxurious Seaview Villa in Kata
Mueang Phuket, Phuket
Canopy Hills - Type XL
Mueang Phuket, Phuket
Properties in Chalong, Mueang Phuket, Phuket
Cities
Districts
