3 Bedroom Villa for sale at Longone Villa

 (Write Review)
Chalong, Phuket Town,Phuket
Unit ID: U1164846
10% Rental Yield
3 Bedrooms
4 Bathrooms
326 SqM Indoor Area
2 Storeys
12 Months Made To Order

About This Villa

This property is a 326 SqM villa with 3 bedrooms and 4 bathrooms that is available for sale. It is part of the Longone Villa project in Chalong, Phuket and will be built within 12 months of purchase. You can buy this villa for a base price of ฿29,800,000 (฿91,411/SqM).

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed Oct 20, 2022
Updated 1 year ago
Property Type Villa (Single Detached)
Storeys 2
Location Chalong, Phuket
Bedrooms 3
Nearest Landmark Ao Yon Beach -4.1 Km
Indoor Area 326 SqM
Price per SqM ฿91,411
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 410 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
Available for ฿2,200,000
View(s) Pool View, Garden View
Unit Type B
Parking Spots 1
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.
฿8,000/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U1164846

Investment Opportunity: Charges & Yield

Sale Price
฿29,800,000
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.
฿8,000/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.
10
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 villas at Longone Villa, and the current sales price.
10%

Project Details

Project Name: Longone Villa
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 4 For Rent 2
Get notified when new homes are being added to Longone Villa
View All (4)

Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
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 ฿8,000. 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 ฿100,000.
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
฿200,000
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

Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Phuket
Chalong

Neighborhood Overview

Location and Neighborhood

Street View

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