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    3 Bedroom Villa for sale at Longone Villa
    Chalong, Phuket Town,Phuket
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    Sale Price
    £740,000
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    3 Bedroom Villa for sale at Longone Villa

     (Write Review)
    Chalong, Phuket Town,Phuket
    Unit ID: U1878126
    9% Rental Yield
    3 Bedrooms
    4 Bathrooms
    405.20 SqM Indoor Area
    2 Storeys
    12 Months Made To Order
     (Write Review)
    Sale Price
    £740,000
    36

    About This Villa

    This property is a 405.20 SqM villa with 3 bedrooms and 4 bathrooms that is available for sale. It is part of the project in Chalong, Phuket and will be built within 12 months of purchase. You can buy this villa for a base price of £740,000 (£1,830/SqM) and it is also available for long term rentals starting from £5,780 per month.

    Features

    Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Wifi IncludedWifi Included Full Western KitchenFull Western Kitchen BathtubBathtub Washing MachineWashing Machine TVTV

    Basic Information

    Date Listed Jun 21, 2024
    Updated 6 months ago
    Property Type Villa (Single Detached)
    Storeys 2
    Location Chalong, Phuket
    Bedrooms 3
    Nearest Landmark Ao Yon Beach -4.1 Km
    Indoor Area 405.20 SqM
    Price per SqM £1,830
    Outdoor Area
    This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
    N/A
    Plot Size 269 SqM
    Pets All Kind of Pets Allowed
    Villa Ownership

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

    Foreign Ownership, Thai Ownership, Company
    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.

    Thai Ownership, Company
    Land Title Deed N/A
    Construction Made To Order (12 Months)
    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) Pool View, Garden View
    Unit Type N/A
    Parking Spots 2
    Pool Size 5m x2.5m
    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.
    £185/mo
    Listed By
    Developer
    Electricity Price N/A
    Water Price N/A
    Unit ID U1878126

    Investment Opportunity: Charges & Yield

    Sale Price
    £740,000
    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.
    £185/mo
    Rent
    £5,780/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.
    11
    Rental Yield
    This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
    9%

    Project Details

    Project Name: Longone Villa
    Developer: Yadalongproperty Co.,Ltd,
    Construction: Made To Order (12 Months)
    Units: 10
    Project Area: 3,200 SqM
    Nearest Landmark Ao Yon Beach - 4.1 Km
    Location: Chalong, Phuket
    Longone Villa Project Details

    Project Features

    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)

    Available Units at Longone Villa

    For Sale 3 For Rent 5
    • All
    • 3 Beds
    Get notified when new homes are being added to Longone Villa
    View All (3)

    Loan Calculator

    Payment Plan

    Installment Milestone Payment
    Reservation Deposit
    Immediately
    £4,630
    Down Payment
    10 days after contract signing
    35%
    2nd Installment
    Infrastructure construction completed within 60 days
    30%
    3rd Installment
    Structure of the cap within 90 days
    25%
    4th Installment
    On handover
    10%

    Frequently Asked Questions

    All kind of pets are allowed at Longone Villa including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    The common area maintenance fee for properties at Longone Villa is a fixed amount of £185. This amount has to be paid by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
    For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At Longone Villa the required payment for the sinking fund is a fixed amount of £2,310.
    Ao Yon Beach is the nearest Beach from Longone Villa and it is 4.1 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 Longone Villa you have to follow these steps:

    • - Agreement of terms and conditions
    • - Reservation Agreement
    • - Reservation Deposit
    • - Sales and Purchase Agreement
    • - Settlement & Transfer
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    £4,630
    Down Payment
    10 days after contract signing
    35%
    2nd Installment
    Infrastructure construction completed within 60 days
    30%
    3rd Installment
    Structure of the cap within 90 days
    25%
    4th Installment
    On handover
    10%


    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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    Phuket
    Chalong

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