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    3 Bedroom Villa for sale at The Vineyard Phase 3
    Pong, Pattaya, Chon Buri
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    Sale Price
    £340,000
    Schedule Viewing

    3 Bedroom Villa for sale at The Vineyard Phase 3

    (1 Review)
    Pong, Pattaya, Chon Buri
    Unit ID: U1710998
    7% Rental Yield
    Tenant-Occupied until Mar 26, 2025
    3 Bedrooms
    2 Bathrooms
    160 SqM Indoor Area
    1 Storeys
    Dec 2019 Completed
    (1 Review)
    Sale Price
    £340,000
    19

    About This Villa

    This property is a 160 SqM villa with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Pong, Pattaya and was completed in Dec 2019. You can buy this villa for a base price of £340,000 (£2,130/SqM) and it is also available for long term rentals starting from £1,940 per month.

    Features

    Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BathtubBathtub TVTV

    Basic Information

    Date Listed Jan 3, 2024
    Updated 1 month ago
    Property Type Villa (Single Detached)
    Storeys 1
    Location Pong, Pattaya
    Bedrooms 3
    Nearest Landmark Mabprachan Lake -2.4 Km
    Indoor Area 160 SqM
    Price per SqM £2,130
    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 680 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.

    N/A
    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.

    N/A
    Land Title Deed N/A
    Construction Completed (Dec 2019)
    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 N/A
    Pool Size N/A
    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.
    £251/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1710998

    Investment Opportunity: Charges & Yield

    Sale Price
    £340,000
    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.
    £251/mo
    Rent
    £1,940/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.
    15
    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.
    7%

    Project Details

    Project Name: The Vineyard Phase 3
    Developer: N/A
    Construction: Completed (Dec 2019)
    Units: 21
    Project Area: N/A
    Nearest Landmark Mabprachan Lake - 2.4 Km
    Location: Pong, Pattaya
    The Vineyard Phase 3 Project Details

    Project Features

    Communal Gym Communal Gym
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking

    Available Units at The Vineyard Phase 3

    For Sale 7 For Rent 2
    • All
    • 3 Beds
    • 4 Beds
    • 8 Beds
    Get notified when new homes are being added to The Vineyard Phase 3
    View All (7)

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    Frequently Asked Questions

    All kind of pets are allowed at The Vineyard Phase 3 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    The common area maintenance fee for properties at The Vineyard Phase 3 is a fixed amount of £251. 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 The Vineyard Phase 3 the required payment for the sinking fund is a fixed amount of £137.
    Mabprachan Lake is the nearest Lake from The Vineyard Phase 3 and it is 2.4 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 The Vineyard Phase 3 you have to follow these steps:

    • - Agreement of terms and conditions
    • - Reservation Agreement
    • - Reservation Deposit
    • - Sales and Purchase Agreement
    • - Settlement & Transfer
    Resale Units
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    10%
    1st Installment
    On handover
    90%
    Off-Plan unit
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    £4,560
    1st Installment
    Upon contract signing
    30%
    2nd Installment
    upon completed on super structure
    30%
    3rd Installment
    upon completed of roof
    30%
    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

    Reviews

    4.8 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    High quality pool villas, suitable for golf drivers!
    Daniel Chan, Singapore, 4 years ago
    Quality villas with a unique design surrounded by a beautiful garden in tropical style. The atmosphere is quiet and lovely. The project has a reliable security system and high privacy. There are only a few units in the project, coming with a large private swimming pool. There are many activities to do in the house, such as a pool table, Jacuzzi, bar, suitable for family vacations of all ages. More importantly, it is decorated in a luxurious and modern style using the world's leading imported materials. The spacious living room, our favorite space, can accommodate all members of the house. The location here is one of the best in Pattaya. A bit far from the city but you can drive. It is also very convenient for golf drivers. There are 4 famous golf courses nearby, and just 10 minutes away by car to the Regents International School Pattaya.
    Pattaya
    Pong

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