Unit ID: U279355
5% Rental Yield
Pong, Pattaya, Chon Buri
$712,000
3 Bedrooms
3
Bathrooms
2,368 Sqft
Indoor Area
1
Storeys
Jun 2019
Completed

About This Villa

This property is a 2,368 Sqft villa with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Pong, Pattaya and was completed in Jun 2019. You can buy this villa for a base price of $712,000 ($301/Sqft).

Forever Home Awaits: Luxury 220 SqM Villa in The Vineyard

Location, location, location - This luxury 220 SqM villa within The Vineyard Phase 3 project offers buyers the perfect opportunity to reside in picturesque Pong, Chon Buri. A truly desirable contender amongst its rivals, this 3 bedroom, 3 bathroom villa is suitable for discerning individuals, who thrive on premier living.Constructed in Jun 2019 and proudly standing the test of time, this villa boasts modern fittings, security and an elegant design that offers an abundance of both interior and exterior living areas. With an inviting outdoor terrace, sweeping views of the surrounding area, and tasteful landscaped gardens, life in this abode is sure to be full of effortless relaxation.This idyllic villa is priced to offer prospective buyers fantastic value for money. At an impressive base price of ฿24,900,000 (฿113,182/SqM), this residence is likely to cause a stir amongst investors and other purchasers.The undoubted focus on quality and contemporary features makes this villa a safe bet for those looking to invest their hard-earned money. Boasting exquisite craftsmanship and a bathroom oasis set over two levels, complete with a jacuzzi, enquire today and make The Vineyard Phase 3 project you new destination.

Features

Private PoolPrivate Pool JacuzziJacuzzi Private GardenPrivate Garden TerraceTerrace Full Western KitchenFull Western Kitchen OvenOven TVTV

Basic Information

Date Listed Jan 21, 2020
Updated 3 weeks ago
Property Type Villa (Single Detached)
Storeys 1
Location Pong, Pattaya
Bedrooms 3
Nearest Landmark Mabprachan Lake -2.4 Km
Indoor Area 2,368 Sqft
Price per Sqft $301
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 9,688 Sqft
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 Completed (Jun 2019)
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 Plot 19
Parking Spots 2
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.
$315/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U279355

Investment Opportunity: Charges & Yield

Sale Price
$712,000
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.
$315/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.
18
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.
5%

Project Details

Project Name: The Vineyard Phase 3
Developer: N/A
Construction: Completed (Dec 2019)
Units: 21
Project Area: N/A
Nearest Landmark Mabprachan Lake - 2.4 Km
Location: Pong, Pattaya
The Vineyard Phase 3 Project Details

Project Features

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

Available Units at The Vineyard Phase 3

For Sale 6 For Rent 2
Get notified when new homes are being added to The Vineyard Phase 3
View All (6)

Loan Calculator

Payment Plan

Resale Units
Installment Milestone Payment
Reservation Deposit
Immediately
10%
1st Installment
On handover
90%
Off-Plan unit
Installment Milestone Payment
Reservation Deposit
Immediately
$5,720
1st Installment
Upon contract signing
30%
2nd Installment
upon completed on super structure
30%
3rd Installment
upon completed of roof
30%
4th Installment
On handover
10%

Frequently Asked Questions

All kind of pets are allowed at The Vineyard Phase 3 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee for properties at The Vineyard Phase 3 is a fixed amount of $315. 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 The Vineyard Phase 3 the required payment for the sinking fund is a fixed amount of $172.
Mabprachan Lake is the nearest Lake from The Vineyard Phase 3 and it is 2.4 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 3 you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer
Resale Units
Installment Milestone Payment
Reservation Deposit
Immediately
10%
1st Installment
On handover
90%
Off-Plan unit
Installment Milestone Payment
Reservation Deposit
Immediately
$5,720
1st Installment
Upon contract signing
30%
2nd Installment
upon completed on super structure
30%
3rd Installment
upon completed of roof
30%
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

Reviews

4.8 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
High quality pool villas, suitable for golf drivers!
Daniel Chan, Singapore, 4 years ago
Quality villas with a unique design surrounded by a beautiful garden in tropical style. The atmosphere is quiet and lovely. The project has a reliable security system and high privacy. There are only a few units in the project, coming with a large private swimming pool. There are many activities to do in the house, such as a pool table, Jacuzzi, bar, suitable for family vacations of all ages. More importantly, it is decorated in a luxurious and modern style using the world's leading imported materials. The spacious living room, our favorite space, can accommodate all members of the house. The location here is one of the best in Pattaya. A bit far from the city but you can drive. It is also very convenient for golf drivers. There are 4 famous golf courses nearby, and just 10 minutes away by car to the Regents International School Pattaya.
Pattaya
Pong

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Vineyard Phase 3

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Sedona Villas 1
Location
Pong, Pattaya, Chon Buri
Number of units
20
Sales Prices
$791.99K
Monthly Rentals
$3.15K - $3.57K
Year Built
Dec 2013
Completion Status
Completed
Location
Pong, Pattaya, Chon Buri
Number of units
28
Sales Prices
$683.34K - $1.86M
▲ 23% overpriced
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Made To Order
Location
Pong, Pattaya, Chon Buri
Number of units
10
Sales Prices
$8.01K
Monthly Rentals
$172
Year Built
May 2010
Completion Status
Completed
Location
Pong, Pattaya, Chon Buri
Number of units
6
Sales Prices
$511.79K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Project Name
Living Grand Home
Location
Pong, Pattaya, Chon Buri
Number of units
7
Sales Prices
$228.73K
Monthly Rentals
N/A
Year Built
Nov 2019
Completion Status
Completed
Location
Pong, Pattaya, Chon Buri
Number of units
7
Sales Prices
$240.17K - $243.03K
Monthly Rentals
N/A
Year Built
Dec 2022
Completion Status
Completed
Location
Pong, Pattaya, Chon Buri
Number of units
11
Sales Prices
$854.89K - $1.86M
▲ 22% overpriced
Monthly Rentals
$3.72K
Year Built
May 2012
Completion Status
Completed
Project Name
Lakeside Court
Location
Pong, Pattaya, Chon Buri
Number of units
20
Sales Prices
$285.92K
▼ -50% underpriced
Monthly Rentals
$1.43K
Year Built
Dec 2008
Completion Status
Completed
Location
Pong, Pattaya, Chon Buri
Number of units
N/A
Sales Prices
$74.77K
Monthly Rentals
N/A
Year Built
Mar 2022
Completion Status
Completed
Project Name
Atmos Prime Villa
Location
Pong, Pattaya, Chon Buri
Number of units
8
Sales Prices
$571.55K - $593.28K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
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