Unit ID: U1844698
7% Rental Yield
Choeng Thale, Thalang,Phuket
฿40,500,000
4 Bedrooms
4
Bathrooms
521 SqM
Indoor Area
1
Storeys
Jan 2006
Completed

About This Villa

This property is a 521 SqM villa with 4 bedrooms and 4 bathrooms that is available for sale. It is part of the project in Choeng Thale, Phuket and was completed in Jan 2006. You can buy this villa for a base price of ฿40,500,000 (฿77,735/SqM).

3+1 bedroooms pool villa The garden by Vichara

This private pool villa features 3 ensuite bedrooms with one being a studio complete with private outdoor bathing area. There is also a spacious utility and service area. With a front garden leads you into the entrance of living area, dining and kitchen. Continue through to a courtyard, its centerpiece being a beautifully marbled swimming pool, an ideal place to entertain your guests! Live at your own pace at The Gardens by Vichara and treat your loved ones and yourself in style.

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Maids QuartersMaids Quarters Full Western KitchenFull Western Kitchen BathtubBathtub Fully RenovatedFully Renovated MicrowaveMicrowave OvenOven TVTV

Basic Information

Date Listed May 21, 2024
Updated 5 months ago
Property Type Villa (Single Detached)
Storeys 1
Location Choeng Thale, Phuket
Bedrooms 4
Nearest Landmark Bang Tao Beach -3.9 Km
Indoor Area 521 SqM
Price per SqM ฿77,735
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
239.87 SqM
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.

Company
Land Title Deed Chanote
Construction Completed (Jan 2006)
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 3.90x7.80
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.
฿7,580/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1844698

Investment Opportunity: Charges & Yield

Sale Price
฿40,500,000
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.
฿7,580/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.
14
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 4 bedroom villas at The Gardens by Vichara, and the current sales price.
7%

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 13
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
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

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

Projects Nearby The Gardens by Vichara

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Sales Prices
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Year Built
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Number of units
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Year Built
Completion Status
Location
Si Sunthon, Thalang, Phuket
Number of units
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Sales Prices
฿24M
Monthly Rentals
N/A
Year Built
Jan 2022
Completion Status
Completed
Project Name
Botanica Mind
Location
Choeng Thale, Thalang, Phuket
Number of units
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Sales Prices
฿25M
Monthly Rentals
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Year Built
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Completion Status
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Project Name
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Location
Si Sunthon, Thalang, Phuket
Number of units
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Sales Prices
฿17M - ฿19M
Monthly Rentals
฿130K - ฿140K
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Completed
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Si Sunthon, Thalang, Phuket
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Completed
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Project Name
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Location
Choeng Thale, Thalang, Phuket
Number of units
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฿21.5M - ฿22M
▲ 18% overpriced
Monthly Rentals
฿150K - ฿300K
Year Built
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Completion Status
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Location
Choeng Thale, Thalang, Phuket
Number of units
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Sales Prices
฿24M
Monthly Rentals
฿140K - ฿268K
Year Built
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Completion Status
Completed
Location
Si Sunthon, Thalang, Phuket
Number of units
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Sales Prices
฿18M - ฿20.5M
Monthly Rentals
฿130K - ฿150K
Year Built
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Project Name
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Location
Choeng Thale, Thalang, Phuket
Number of units
8
Sales Prices
฿25.7M - ฿29.7M
▲ 8% overpriced
Monthly Rentals
฿185K - ฿580K
Year Built
Dec 2022
Completion Status
Completed
Location
Si Sunthon, Thalang, Phuket
Number of units
9
Sales Prices
฿34.1M
▲ 19% overpriced
Monthly Rentals
N/A
Year Built
May 2020
Completion Status
Completed
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