Unit ID: U620688
20% Rental Yield
Phe, Mueang Rayong,Rayong
$171,000
3 Bedrooms
3
Bathrooms
1,507 Sqft
Indoor Area
2
Storeys
Jan 2018
Completed

About This Villa

This property is a 1,507 Sqft villa with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Phe, Rayong and was completed in Jan 2018. You can buy this villa for a base price of $171,000 ($114/Sqft).

New House 3 bedroom 3 bathroom 1 bathtub, living room with separate kitchen counter and dinning table and sofa living room. 1 bedroom on 1st floor and 2 bedroom on 2nd floor and has space on balcony. Facilities; Facilities: – Large 2 Swimming Pools – Kid playground and garden – Pool Bar – Tennis Court – Miniature Golf Court – Restaurant – Massage and Spa – Fitness – CCTV – Security system 24 hours – Elevator – WiFi Internet (Free only public area)

Features

Private PoolPrivate Pool Garden AccessGarden Access TerraceTerrace BathtubBathtub Washing MachineWashing Machine MicrowaveMicrowave

Basic Information

Date Listed Jun 19, 2020
Updated 4 years ago
Property Type Villa
Storeys 2
Location Phe, Rayong
Bedrooms 3
Nearest Landmark Rayong Beach -1.7 Km
Indoor Area 1,507 Sqft
Price per Sqft $114
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 2,153 Sqft
Pets N/A
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, Leasehold
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, Leasehold
Land Title Deed Chanote
Construction Completed (Jan 2018)
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) Park View, 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
Each listing provided by partnered agents is individually verified by AsiaVillas. Partner Agents work for different brokerages or property management companies but have teamed up with AsiaVillas so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U620688

Investment Opportunity: Charges & Yield

Sale Price
$171,000
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.
5
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 VIP Chain, and the current sales price.
20%

Project Details

Project Name: VIP Chain
Developer: N/A
Construction: Completed (Jan 2018)
Units: 20
Project Area: N/A
Nearest Landmark Rayong Beach - 1.7 Km
Location: Phe, Rayong
VIP Chain Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Jacuzzi Jacuzzi
Bar Bar
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Spa Spa
Tennis Court Tennis Court
Reception / Lobby Area Reception / Lobby Area

Available Units at VIP Chain

For Sale 3 For Rent 1
Get notified when new homes are being added to VIP Chain
View All (3)

Loan Calculator

Frequently Asked Questions

Rayong Beach is the nearest Beach from VIP Chain and it is 1.7 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 VIP Chain 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

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Rayong
Phe

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby VIP Chain

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
The Royal Rayong
Location
Phe, Mueang Rayong, Rayong
Number of units
200
Sales Prices
$73.95K - $809.3K
▼ -4% underpriced
Monthly Rentals
N/A
Year Built
Jan 2012
Completion Status
Completed
Location
Phe, Mueang Rayong, Rayong
Number of units
30
Sales Prices
$128.67K
▲ 28% overpriced
Monthly Rentals
$799 - $858
Year Built
Jan 2018
Completion Status
Completed
Location
Phe, Mueang Rayong, Rayong
Number of units
427
Sales Prices
$47.33K - $162.69K
▼ -22% underpriced
Monthly Rentals
$222 - $1.04K
Year Built
Oct 1993
Completion Status
Completed
Location
Phe, Mueang Rayong, Rayong
Number of units
338
Sales Prices
$14.49K - $14.79K
Monthly Rentals
N/A
Year Built
Jan 1995
Completion Status
Completed
Location
Taphong, Mueang Rayong, Rayong
Number of units
156
Sales Prices
$118.17K - $354.96K
▼ -32% underpriced
Monthly Rentals
N/A
Year Built
Oct 2000
Completion Status
Completed
Project Name
Greenery Hill
Location
Taphong, Mueang Rayong, Rayong
Number of units
10
Sales Prices
$127.19K
▼ -15% underpriced
Monthly Rentals
N/A
Year Built
Jan 2018
Completion Status
Completed
Location
Phe, Mueang Rayong, Rayong
Number of units
49
Sales Prices
$140.5K
Monthly Rentals
N/A
Year Built
Dec 2016
Completion Status
Completed
Project Name
The Royal Rayong
Location
Phe, Mueang Rayong, Rayong
Number of units
N/A
Sales Prices
$65.08K
Monthly Rentals
N/A
Year Built
Jan 1992
Completion Status
Completed
Location
Taphong, Mueang Rayong, Rayong
Number of units
N/A
Sales Prices
$115.36K
Monthly Rentals
N/A
Year Built
Dec 1997
Completion Status
Completed
Project Name
Vela Home
Location
Taphong, Mueang Rayong, Rayong
Number of units
7
Sales Prices
$52.95K
Monthly Rentals
N/A
Year Built
Dec 2021
Completion Status
Completed
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