Listing ID: 2343520
4 Bedroom Villa for sale in Patong, Phuket
Works well as a residence or a rental income investment property.
Professional appraisal report and valuation available on request
Estimated 9.1 % net return on investment (at 50% occupancy) ... Interested?
For comparison, this luxurious Phuket villa costs less than a single parking space in Hong Kong
Luxury 4 bedroom pool villa for sale with partial sea views over the picturesque Emerald and Patong Bays, near the meandering 10,000 money road on the Tri Trang headland, south of Patong, Phuket. The location is gorgeous and tropical.
This spacious villa is located on a good sized plot in a pleasant exclusive hillside position. The villa overlooks the town of Patong, with its vivid energy, instead of being located within it.
This upscale address is just minutes away from serene beaches, nightlife, shopping, restaurants, attractions and activities.
For the price of a single parking space in Hong Kong these days, you can own
this villa. That’s not even an exaggeration. According to a Bloomberg report,
an 11 square metre parking space at the Upton residential building in Hong Kong fetched an amazing HKD 5.18 million (THB 22.5 million) (US$ 664,000) in June 2017, for a slab of concrete frenzy.
The villa is also an ideal base for a golfing destination holiday, as all the ingredients are there. Phuket has eight fine golf courses, and three (Red Mountain golf course, Loch Palm golf course and Phuket Country Club) are within a fifteen minute drive.
The villa is a private independent villa.
The villa has four large comfortable bedrooms, one of which is on the ground floor. Each bedroom benefits from en-suite facilities.
The villa has been decorated and furnished to provide excellent quality throughout.
WHY PANADDA VILLA ?
Well, perhaps because it is a luxurious property in a much sought after tropical paradise that generates an annually increasing return on your investment.
If you have considered purchasing a dream property in Phuket for early retirement, as a holiday home or even as an investment, then Panadda Villa offers many lifestyle benefits combined with an increasing return on capital investment.
Panadda Villa in Phuket is also offered at an affordable pool villa price.
And the location is good and takes advantage of Phuket's ever growing and diverse range of attractions, amenities and infrastructure, and the island's thriving tourism sector.
WHY PHUKET ?
Phuket is the destination of choice for many international leisure travellers.
The island is well known for its year round ideal weather and gentle breezes,
luxury hotels and resorts, beautiful beaches, world class golf courses and vibrant nightlife.
Phuket is one of the top resort destinations in Asia. The number of visitors increases every year, from all corners of the globe, generating significant rental returns.
The property market in Phuket is one of the fastest growing in South East Asia, and Phuket is a sought after destinations throughout Thailand and around the world. There is an ever increasing demand for short and long term pool villa accommodation, especially those of a high standard such as Panadda Villa.
Also, Phuket has modern and substantial infrastructure in place.
Phuket is the perfect location for both overseas holiday makers and investors.
As stated there is high demand for rentals in the area, leading to a healthy rental yield.
The return on investment for a long term rental (one year contract at 100% occupancy) is about 4.2 % whilst the ROI on short term (vacation) rental (at 50% occupancy) is about 9.1 %. In addition there is also capital growth appreciation of course.
Expected long term rental for a one year contract would be in the minimum range of 65,000 to 75,000 THB baht per month.
A guideline for Short term Holiday rentals (less than 3 months) daily rates are:
- Low Season: (Minimum stay 3 nights) 01/05/2017 to 31/10/2017 THB 15,000
- High Season: (Minimum stay 5 nights) 01/11/2017 to 30/04/2018 THB 20,000 (but excluding peak season dates)
- Peak Season:(Minimum stay 7 nights) Christmas & New Year, Chinese New Year, and Songkran periods THB 25,000
Villa details summary:
Situated on the Tri Trang headland south of Patong
with partial sea views of Emerald Bay and Patong Bay
4 Bedrooms - 4 En-suite Bathrooms.
Sleeps 8 very comfortably
TV in all rooms
Air Conditioning All Rooms (Remote Control)
Full European Kitchen
Villa Area 330 m2.
Land Area 504 m2 (126 sq wah).
private swimming Pool with jacuzzi.
Sun terrace, gardens and parking for 3 cars.
Remote controlled gates
Water Well onsite.
Solar Cell hot water system
Direct Government Electricity Supply
Professional appraisal available upon request
Freehold Land Title (NS3K)
- 330 m2Usable area
- 504 m2 / 1 Ngan 26 Sq.W.Land area
- Air Conditioning
- BBQ Area
- Swimming Pool
- Wi Fi