3 Bedroom Villa for sale at The Gardens by Vichara

(1 Review)
Choeng Thale, Thalang,Phuket
Unit ID: U1706478
9% Rental Yield
3 Bedrooms
5 Bathrooms
528 SqM Indoor Area
1 Storeys
Nov 2023 Completed

About This Villa

This property is a 528 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 Nov 2023. You can buy this villa for a base price of ฿34,000,000 (฿64,394/SqM).

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Full Western KitchenFull Western Kitchen BathtubBathtub Fully RenovatedFully Renovated (2023)

Basic Information

Date Listed May 15, 2024
Updated 5 days ago
Property Type Villa (Single Detached)
Storeys 1
Location Choeng Thale, Phuket
Bedrooms 3
Nearest Landmark Bang Tao Beach -3.9 Km
Indoor Area 528 SqM
Price per SqM ฿64,394
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 758 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.

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.

Leasehold
Land Title Deed N/A
Construction Completed (Nov 2023)
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 8*4
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.
N/A
Listed By
Each listing provided by partnered agents is individually verified by FazWaz. Partner Agents work for different brokerages or property management companies but have teamed up with FazWaz so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1706478

Investment Opportunity: Charges & Yield

Sale Price
฿34,000,000
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 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 The Gardens by Vichara, and the current sales price.
9%

Project Details

Project Name: The Gardens by Vichara
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 Communal Pool
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Communal Garden Area Communal Garden Area

Available Units at The Gardens by Vichara

For Sale 5 For Rent 11
Get notified when new homes are being added to The Gardens by Vichara
View All (5)

Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
1%
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%

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
1%
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

Neighborhood Overview

Location and Neighborhood

Street View

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