THB12.9m (USD358k, AUD515k, RMB2.46m, HKD2.82m, SGD498k)
Reliable Investment Income or Residential home.
Fantastic 4 Bedroom Lake View, Lake Side Town house Villa. Previously used for Holiday Investment Rental, proven and documented Net 10% pa return during normal market conditions. During Covid, it was a long term rental. Great location, 5 minutes from Phuket Fantasea, 7 minutes from Kamala Beach, 5 minutes from Kamala shops, bars and Restaurants. 25 minutes from Phuket International Airport. The entertainment centre of Patong is a short drive away. Boat Avenue, Blue Tree and Bang Tao only 10 minutes drive.
Thai Company Ownership structure, Ready to transfer.
Spread over 3 floors, 235sqm built up space. Generous sized, comfortable bedrooms 2 with balconies overlooking the lake. Quiet, secure location.
I know this villa’s history, as I sold it to the Owner 6 years ago, and it’s been an excellent Rental Investment. He now wants to move on to something new and is ready to pass it on to a new Owner to enjoy as a Residential home or keep as a reliable Income generator.