3 Bedroom Villa for sale at The Gardens by Vichara

(1 Review)

Choeng Thale, Thalang,Phuket

Unit ID: U24090

11% Rental Yield

Tenant-Occupied until Feb 16, 2025

3 Bedrooms

5 Bathrooms

580 SqM Indoor Area

1 Storeys

Jun 2006 Completed

(1 Review)

Sale Price

฿25,000,000

฿25,400,000

About This Villa

This property is a 580 SqM villa with 3 bedrooms and 5 bathrooms that is available for sale. It is part of the The Gardens by Vichara project in Choeng Thale, Phuket and was completed in Jun 2006. You can buy this villa for a base price of ฿25,000,000 (฿43,103/SqM) and it is also available for long term rentals starting from ฿235,000 per month.

Big villa in prime location of Pasak Cherngtalay

This villa is a 3 bedroom property built on a land plot of approx 1100 Sqm. The indoor area is originally 280 sqm but the current owner added an extra 80 Sqm gym room for a total of 360 Sqm indoor area. The villa is 100% self sufficient in electricity thanks to the recent installation of a 1,200,000 THB solar cell system. Ownership structure is currently leasehold but it can be upgraded to freehold ownership if the buyer prefers to buy it this way Absolutely private villa, not overlooked.

Features

Private Gym

Private Pool

Jacuzzi

Private Garden

Terrace

Covered Parking

Full Western Kitchen

Microwave

Oven

Basic Information

Date Listed Feb 16, 2024

Updated 2 months ago

Property Type Villa (Single Detached)

Storeys 1

Location Choeng Thale, Phuket

Bedrooms 3

Nearest Landmark Bang Tao Beach -3.9 Km

Indoor Area 580 SqM

Price per SqM ฿43,103

Outdoor Area

N/A

Plot Size 1,100 SqM

Pets Not Allowed

Villa Ownership

Company, Leasehold

Land Ownership

Company, Leasehold

Land Title Deed N/A

Construction Completed (Jun 2006)

Furniture

Fully Furnished

View(s) Pool View, Garden View

Unit Type N/A

Parking Spots 2

Pool Size N/A

CAM Fee

฿2,500/mo

Listed By

Private Owner

Electricity Price N/A

Water Price N/A

Unit ID U24090

Investment Opportunity: Charges & Yield

Sale Price

฿25,000,000

CAM Fee

฿2,500/mo

Rent

฿235,000/mo

Price-to-Rent Ratio

Rental Yield

11%

Project Details

Project Name: The Gardens by Vichara

Developer: Vichara Property Co., Ltd.

Construction: Completed (Jun 2006)

Units: 37

Project Area: N/A

Nearest Landmark Bang Tao Beach - 3.9 Km

Location: Choeng Thale, Phuket

The Gardens by Vichara Project Details

Project Features

Communal Pool

24H Security

CCTV (Video Surveillance)

Car Parking

Communal Garden Area

Available Units at The Gardens by Vichara

For Sale 3 For Rent 11

All
2 Beds
3 Beds
6 Beds

Available Units at The Gardens by Vichara

Fully Furnished Garden View

Fully Furnished Pool View

฿25,000,000฿25,400,000

Fully Furnished Pool View

Get notified when new homes are being added to The Gardens by Vichara

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Frequently Asked Questions

All kind of pets are allowed at The Gardens by Vichara including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.

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 Gardens by Vichara the required payment for the sinking fund is a fixed amount of ฿100,000.

Bang Tao Beach is the nearest Beach from The Gardens by Vichara and it is 3.9 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 Gardens by Vichara 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

1st Installment

Upon contract signing

29%

2nd Installment

Upon completion of roof

15%

3rd Installment

Upon completion of structure and walls

15%

4th Installment

Upon completion of gypsum ceiling, doors, and windows

15%

5th Installment

Upon completion of floor, built in furniture, paint, and wood ceiling

15%

6th 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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Reviews

5 out of 5

Based on

1 Review

Maintenance

Staff / Security

Facilities on Site

Quality of Finishing

Value for Money

Location

+ Write a review

Everything was great

Thanapon Chottanawanitkul, Thailand, 6 years ago

My wife and I bought a villa with 2 bedrooms, 2 bathrooms for this project to live in. I must say that everything was great. The villas are very beautiful and luxurious, the space is expansive. The swimming pool is big. The area around the house is a lot. It decorates the garden, making it very shady. The furniture looks grand and high quality. In addition, the project is safe with the staff taking care of us 24 hours and the villa is very tidy. Most of the neighbors are well-mannered Europeans. It's very warm to live here because the surrounding atmosphere is very private. It is near the beach. If you go to Layan Beach, it takes about 10 minutes by car to arrive, while Boat Avenue Cherngtalay is only 5 minutes away.

Phuket

Choeng Thale