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The Menara Hill - Phase 2

The Menara Hill - Phase 2

Price: From 39,900,000 THB

Located on the greener part of Cherngtalay, this new project just recently launched by a property developer who built a successful project in the past. Even though it is located in the quieter part of the are, the project is still maximum 10 minutes drive away all amenities such as Boat Avenue, Porto de Phuket, Bangtao Beach, Robinson’s Shopping Mall, Tesco Lotus Thalang etc. This is the second phase of a successfully built and sold out project by the same developer. Some of the owners of the villas in the first phase already either moved in or started generating income via renting their villas out both short and long term. There are total 4 villas in this new phase. One of the villas are 6 bedroom the others have 5 bedroom. Here’s the details of each villa in the project; Extended payment term available during the construction which typically takes between 10-14 months until completion. All taxes and transfer fees will be shared 50/50 between the buyer & the developer. The house price does not include the maintenance fee 6,500 THB per month : Payable one year in advance 78,000 THB and sinking fund : One time contribution 65,000 THB. Common area fee : 24 hours security, garbage collection, common electricity and maintenance of the common landscaping.

Interior view of The Menara Hill - Phase 2
Interior view of The Menara Hill - Phase 2
Interior view of The Menara Hill - Phase 2
Interior view of The Menara Hill - Phase 2
Interior view of The Menara Hill - Phase 2
Interior view of The Menara Hill - Phase 2
Interior view of The Menara Hill - Phase 2
Interior view of The Menara Hill - Phase 2
Interior view of The Menara Hill - Phase 2
+24 more

The Menara Hill - Phase 2

Cherngtalay
From 39,900,000 THB
5
4
635m²
595m²
Villa

Investment snapshot

Gross yield
6-8%
Est. monthly rent
199.5k - 266k THB
Price growth
3-6% / yr

Indicative figures for planning. Actual returns depend on occupancy, season, fees, and how the unit is managed.

Quick Summary

Ownership
Leasehold or Freehold
CAM Fees
6,500 THB per Month
Sinking Fund
65,000 THB (Paid only once)

Overview

Located on the greener part of Cherngtalay, this new project just recently launched by a property developer who built a successful project in the past. Even though it is located in the quieter part of the are, the project is still maximum 10 minutes drive away all amenities such as Boat Avenue, Porto de Phuket, Bangtao Beach, Robinson’s Shopping Mall, Tesco Lotus Thalang etc.

This is the second phase of a successfully built and sold out project by the same developer. Some of the owners of the villas in the first phase already either moved in or started generating income via renting their villas out both short and long term.

There are total 4 villas in this new phase. One of the villas are 6 bedroom the others have 5 bedroom. Here’s the details of each villa in the project;

Extended payment term available during the construction which typically takes between 10-14 months until completion.

All taxes and transfer fees will be shared 50/50 between the buyer & the developer.

The house price does not include the maintenance fee 6,500 THB per month : Payable one year in advance 78,000 THB and sinking fund : One time contribution 65,000 THB.

Common area fee : 24 hours security, garbage collection, common electricity and maintenance of the common landscaping.

Contact us for more information. Interested in more options? Take a look at our full inventory of Villas for Sale in Phuket or let us know your preferences and we'll put together a curated list of properties for you.

Details

Basic Information

Property IDCTL-0045
Property TypeVilla
NeighborhoodCherngtalay
StatusAvailable
Listed2 weeks ago

Specifications

Bedrooms5
Bathrooms4
Build-up Area635m²
Land Plot595m²
Total No. of Floors2
Floor(s)2
Parking Spaces2 spaces
Number of Units4

Financial Details

Price/Sqm62,835 THB
CAM Fees6,500 THB per Month
Sinking Fund65,000 THB (Paid only once)

Property Features

OwnershipLeasehold or Freehold
Completion2025
View1180
FurnitureBuilt-in Furniture Included
Furniture PackageAvailable at extra 3.5m thb
Swimming Pool4m x 14m

Amenities

Ground Floor Plans

Payment Terms

  1. 1
    Reservation Fee
    100,000 THB

    Take the property off the market

  2. 2
    Contract Payment
    30%

    30 Days after the reservation

  3. 3
    2nd Payment
    20%

    25% of the Construction is Completed

  4. 4
    3rd Payment
    20%

    50% of the Construction is Completed

  5. 5
    4th Payment
    20%

    75% of the Construction is Completed

  6. 6
    Handover
    10%

    Last Payment with Ownership

Investment overview

Yield, cash flow, holding costs, and area context for this listing.

Gross yield
6-8%

Before tax and operating costs

Est. monthly rent
199.5k - 266k THB

Low to high season range

Capital growth
3-6% / yr

Indicative annual range

Liquidity
Strong

High Demand & High Supply

Liquidity score
High Demand & High Supply
8 / 10

Cherngtalay can be considered the quieter back streets of Bangtao for those who want to live close to two of Phuket's best beaches , Bangtao and Layan , while staying slightly away from the busiest tourist zones. Property prices are generally lower than Bangtao, and land plots tend to be larger due to historically cheaper land prices.

Ownership
Leasehold or Freehold
Price / sqm
62.8k THB
Simple payback(at mid yield)
~14.3 yrs
CAM fees
6,500 THB per Month
Sinking fund
65,000 THB (Paid only once)
Est. annual rent
2.4m - 3.2m THB

Cherngtalay context

Ask us for a short briefing on rental demand, buyer competition, and exit timing for this neighborhood. We will tailor numbers to your hold period and currency.

Phuket residential price history

Southern Thailand property price index context

Compound annual growth (CAGR) 3.0% (2015 to present)

Bank of Thailand

Chart shows an illustrative Southern Thailand residential index path for market context. The dashed segment is a simple forward path, not a guaranteed forecast. Confirm current BOT figures with our team when you underwrite a deal.

Figures are estimates for discussion only. They are not financial advice and do not guarantee future performance. Confirm occupancy assumptions, CAM fees, taxes, and legal ownership with our team before you decide.

Location

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  1. 1
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  2. 2
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  3. 3
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