3 Bedroom Villa for sale at The Vineyard Phase 2

(1 Review)
Pong, Pattaya, Chon Buri
Unit ID: U81937
9% Rental Yield
3 Bedrooms
3 Bathrooms
250 SqM Indoor Area
1 Storeys
Jul 2012 Completed

About This Villa

This property is a 250 SqM villa with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the The Vineyard Phase 2 project in Pong, Pattaya and was completed in Jul 2012. You can buy this villa for a base price of ฿15,000,000 (฿60,000/SqM) and it is also available for long term rentals starting from ฿110,000 per month.

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Maids QuartersMaids Quarters Full Western KitchenFull Western Kitchen

Basic Information

Date Listed Aug 17, 2018
Updated 3 years ago
Property Type Villa
Storeys 1
Location Pong, Pattaya
Bedrooms 3
Nearest Landmark Mabprachan Lake -2.7 Km
Indoor Area 250 SqM
Price per SqM ฿60,000
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 850 SqM
Pets Not 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 Completed (Jul 2012)
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 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.
N/A
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U81937

Investment Opportunity: Charges & Yield

Rent
฿110,000/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.
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: The Vineyard Phase 2
Developer: N/A
Construction: Completed (Jul 2012)
Units: 8
Project Area: N/A
Nearest Landmark Mabprachan Lake - 2.7 Km
Location: Pong, Pattaya
The Vineyard Phase 2 Project Details

Project Features

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

Mabprachan Lake is the nearest Lake from The Vineyard Phase 2 and it is 2.7 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 2 you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer


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
Retirement time in Pattaya
Sara Williams, Australia, 5 years ago
My husband and I traveled to Pattaya and looked for a vacation home after many years of hard work. We went to this villa and liked it because of the relatively peaceful and private location, near Lake Mabprachan, exercise park, and close to the Siam Country Club golf course. We could easily exercise and travel. It is also not far from markets and shopping centers that we could go shopping within a few minutes. So we were able to cook ourselves comfortably. The inside of the villa project is quite tidy with strict security systems. My husband and I have rented a luxurious villa of a spacious 3-bedroom unit with quality furniture. We could swim in the very large swimming pool in the evening, or sipping wine while enjoying the garden. It was a house that made the two of us happy as a second home. Suitable for living in retirement age in this city of Pattaya.
Pattaya
Pong

Neighborhood Overview

Location and Neighborhood

Street View

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