5 Villas Project For Sale 1685462

The 5 villas are currently offered for sale, Freehold with Chanote Title.This is a unique opportunity for any individual wishing to invest in property on the island. Over the past couple years, the North East region of Phuket has witnessed considerable development, starting with the opening Ao Po Grand Marina, the islands newest deep water full time access marina; Thanyapura, a state of the art sports & leisure center and Phuket International Academy School. A multitude of luxurious property developments have attached their names to this unspoiled area of the island , such as Cape Yamu, designed by world renowned Philippe Starck as well as the Sheraton Grand Bay.
Thailand offers extremely attractive taxation policies to foreigners wishing to invest in property and engage in rental activities. It is now legally possible for foreigners to own property in Thailand under a freehold structure and various law offices on the island offer all the necessary advice & company formation services required at reasonable fees. It is therefore no surprise the kingdom is now recognized as one of the most attractive countries to invest in real estate across South East Asia.
The villas are now rented through well-known international property websites. Delta Villas also has placed marketing signage and brochures in a 5 Km radius and is sending direct emailing to over 150 propery agents twice a month.
The company is registered as a Thai company. The land of the villas-compound is 4 rai or 6,400 sq.m. Each villa has a land chanote (title deed) from the Land Authority Department of Thailand.
Based on our current long term rental activities and prices in the area, we estimate any investor wishing to pursue in rental income will achieve a minimum of 8% - 12% net yield. This number may significantly increase should one wish to engage in short term rental activities in addition to rocketing property prices over the past decade.