3 Bedroom House for sale at VIP Chain

 (Write Review)
Phe, Mueang Rayong,Rayong
Unit ID: U1928708
20% Rental Yield
3 Bedrooms
3 Bathrooms
170 SqM Indoor Area
2 Storeys
Dec 2022 Completed

About This House

This property is a 170 SqM house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Phe, Rayong and was completed in Dec 2022. You can buy this house for a base price of £174,000 (£1,020/SqM).

Stunning as new home just 130 metres to the beach.

1 and a half year old 2 storey modern home with pool. 3 large bedrooms, main with walk in robe and large ensuite bathroom. 2 upstairs bedrooms have sliding glass door access to the balcony area with views over the pool. The downstairs bedroom has direct access to the patio and pool. This house has 3 bathrooms including a full size bath tub in the 2nd bathroom.  Modern European Kitchen with stone bench tops, twin sinks and a Water Filter installed for pure drinking water. Wine glass hanger underneath the glass door cupboards with an oven and glass cooktop covered by a stainless steel exhaust hood.  This fully furnished house has tiled floors throughout. 4 air-conditioning units and 4 ceiling fans.   This modern home has been barely lived in and is complete with a 9 metre x 3.5 metre salt water pool with waterfall and a sunken wet seat to enjoy relaxing in the water. Pool area has a furnished patio at one end and a small grassed area at the other end to complement the plot. This easy to maintain plot of 251sq metre with gardens, the pool and a tiled driveway for parking up to 4 cars.  Only130 metres to the beach with 24 hour security on-site.

Features

Beach AccessBeach Access Ocean AccessOcean Access Private PoolPrivate Pool Private GardenPrivate Garden Garden AccessGarden Access TerraceTerrace Outdoor ShowersOutdoor Showers

Basic Information

Date Listed Sep 5, 2024
Updated 2 weeks ago
Property Type House
Storeys 2
Location Phe, Rayong
Bedrooms 3
Nearest Landmark Rayong Beach -1.7 Km
Indoor Area 170 SqM
Price per SqM £1,020
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
100 SqM
Plot Size 251 SqM
Pets All Kind of Pets Allowed
House Ownership

Foreign nationals can own the building (house) in their own name, but not the land that it stands on.

Foreign Ownership
Land Ownership

Foreign nationals cannot own land in Thailand. The options in which a foreigner can control the land are via a 30-year lease or by purchasing the land through a Thai company.

Leasehold
Land Title Deed Chanote
Construction Completed (Dec 2022)
Furniture
A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
Fully Furnished
View(s) Park View, Pool View, Unblocked Open View
Unit Type N/A
Parking Spots 4
Pool Size 9 mtr x 3.5 mtr
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
£52/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1928708

Investment Opportunity: Charges & Yield

Sale Price
£174,000
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
£52/mo
Price-to-Rent Ratio
The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
5
Rental Yield
This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 3 bedroom houses at VIP Chain, and the current sales price.
20%

Project Details

Project Name: VIP Chain
Developer: N/A
Construction: Completed (Jan 2018)
Units: 20
Project Area: N/A
Nearest Landmark Rayong Beach - 1.7 Km
Location: Phe, Rayong
VIP Chain Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Jacuzzi Jacuzzi
Bar Bar
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Spa Spa
Tennis Court Tennis Court
Reception / Lobby Area Reception / Lobby Area

Available Units at VIP Chain

For Sale 3 For Rent 1
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Frequently Asked Questions

Rayong Beach is the nearest Beach from VIP Chain and it is 1.7 km away.

The building (the bricks and mortar) can be owned by a non-Thai national outright in their name in what is called the house registry which secures ownership indefinitely of the structure. 

In Thailand, non-Thai nationals cannot own land outright in their name. Land can be controlled through either a Thai Company or a long-term registered lease. The longest registered lease term by Thai law is 30 years, and most developers will offer 3 terms for a total of 90 years.

 

Read more here

After you have found the right property at VIP Chain you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer


Read more here

A 30-year lease period is legally protected under Thai law and ownership cannot be disrupted. It is common for developers to offer an additional two terms of 30 contractually obligating a total of 90 years. 

Prior to purchasing a leasehold property, it is important to secure a copy of the lease agreement or get further clarity on these three points.

  • - Who is the lessor? (an individual or a Thai Company) Securing a lease from a Thai Company offers much more security than a private individual.

  • - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)

  • - Is there a succession clause in the lease agreement that will allow inheritance of the lease?

Read more here

Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.

 

Read more here

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Neighborhood Overview

Location and Neighborhood

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Projects Nearby VIP Chain

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Location
Phe, Mueang Rayong, Rayong
Number of units
30
Sales Prices
£55.5K - £101K
▲ 28% overpriced
Monthly Rentals
£625 - £671
Year Built
Jan 2018
Completion Status
Completed
Project Name
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Location
Phe, Mueang Rayong, Rayong
Number of units
200
Sales Prices
£57.8K - £633K
▼ -4% underpriced
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N/A
Year Built
Jan 2012
Completion Status
Completed
Location
Phe, Mueang Rayong, Rayong
Number of units
427
Sales Prices
£31.2K - £127K
▼ -22% underpriced
Monthly Rentals
£578 - £810
Year Built
Oct 1993
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Completed
Location
Phe, Mueang Rayong, Rayong
Number of units
338
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£11.6K
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N/A
Year Built
Jan 1995
Completion Status
Completed
Location
Taphong, Mueang Rayong, Rayong
Number of units
156
Sales Prices
£92.4K - £278K
▼ -32% underpriced
Monthly Rentals
N/A
Year Built
Oct 2000
Completion Status
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Project Name
Greenery Hill
Location
Taphong, Mueang Rayong, Rayong
Number of units
10
Sales Prices
£99.5K
▼ -15% underpriced
Monthly Rentals
N/A
Year Built
Jan 2018
Completion Status
Completed
Location
Phe, Mueang Rayong, Rayong
Number of units
49
Sales Prices
£110K
Monthly Rentals
N/A
Year Built
Dec 2016
Completion Status
Completed
Project Name
The Royal Rayong
Location
Phe, Mueang Rayong, Rayong
Number of units
N/A
Sales Prices
£37K - £76.3K
Monthly Rentals
N/A
Year Built
Jan 1992
Completion Status
Completed
Location
Taphong, Mueang Rayong, Rayong
Number of units
N/A
Sales Prices
£90.2K
Monthly Rentals
N/A
Year Built
Dec 1997
Completion Status
Completed
Project Name
Vela Home
Location
Taphong, Mueang Rayong, Rayong
Number of units
7
Sales Prices
£41.4K
Monthly Rentals
N/A
Year Built
Dec 2021
Completion Status
Completed
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