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4 Bedroom Villa for sale at Grand View Residence Lagoon
Choeng Thale, Thalang,Phuket
Unit ID:
U1104438
7% Rental Yield
About This Villa
This property is a 235.87 SqM villa with 4 bedrooms and 4 bathrooms that is available for sale. It is part of the project in Choeng Thale, Phuket and will be built within 12 months of purchase. You can buy this villa for a base price of £761,000 (£3,230/SqM).
Features
Private Pool
Private Garden
Terrace
Balcony
Full Western Kitchen
Bathtub
Microwave
Oven
Basic Information
Date Listed
Sep 21, 2023
Updated
1 year ago
Property Type
Villa
(Single Detached)
Storeys
2
Location
Choeng Thale, Phuket
Bedrooms
4
Nearest Landmark
Bang Tao Beach
-1.4 Km
Indoor Area
235.87 SqM
Price per SqM
£3,230
Outdoor Area
N/A
Plot Size
419 SqM
Pets
Not Allowed
Villa Ownership
Thai Ownership, Company
Land Ownership
Thai Ownership, Company
Land Title Deed
N/A
Construction
Made To Order (12 Months)
Furniture
Available for £27,800
View(s)
Pool View, Garden View
Unit Type
4BR
Parking Spots
2
Pool Size
4m x 8m
CAM Fee
£0/mo
Listed By
Developer
Electricity Price
Government Rate
Water Price
Government Rate
Unit ID
U1104438
Investment Opportunity: Charges & Yield
Sale Price
£761,000
CAM Fee
£0/mo
Price-to-Rent Ratio
15
Rental Yield
7%
Project Details
Project Name:
Grand View Residence Lagoon
Developer:
Pasak Projects Co., Ltd.
Construction:
Made To Order (12 Months)
Units:
26
Project Area:
1,004 SqM
Nearest Landmark
Bang Tao Beach
- 1.4 Km
Location:
Choeng Thale, Phuket
Grand View Residence Lagoon Project Details
Project Features
24H Security
CCTV (Video Surveillance)
Car Parking
Communal Garden Area
Available Units at Grand View Residence Lagoon
For Sale 1
For Rent 1
4
4
235.87
419
Loan Calculator
Payment Plan
Payment Terms
Installment
Milestone
Payment
Reservation Deposit
Immediately
£5,780
1st Installment
Upon contract signing
30%
2nd Installment
Main Structure Completion
30%
3rd Installment
Wall and Roof tiles
20%
4th Installment
Floor and Interior
10%
5th Installment
On handover
10%
Frequently Asked Questions
No pets are allowed at Grand View Residence Lagoon unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
The common area maintenance fee for properties at Grand View Residence Lagoon is a fixed amount of £0. 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 Grand View Residence Lagoon the required payment for the sinking fund is a fixed amount of £2,310.
Bang Tao Beach is the nearest Beach from Grand View Residence Lagoon and it is 1.4 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.
After you have found the right property at Grand View Residence Lagoon you have to follow these steps:
- - Agreement of terms and conditions
- - Reservation Agreement
- - Reservation Deposit
- - Sales and Purchase Agreement
- - Settlement & Transfer
Payment Terms
Installment Milestone Payment
Reservation Deposit
Immediately
£5,780
1st Installment
Upon contract signing
30%
2nd Installment
Main Structure Completion
30%
3rd Installment
Wall and Roof tiles
20%
4th Installment
Floor and Interior
10%
5th Installment
On handover
10%
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?
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.
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Phuket
Choeng Thale
Neighborhood Overview
-
Buy
£37.1K - £18.6M -
For Sale on LivePhuket
6,526 properties -
Rent
£232 - £81.1K -
For Rent on LivePhuket
822 properties -
To Porto De Phuket
1.3 km / 4 minutes by driving -
To Phuket International Airport
17.5 km / 30 minutes by driving
Location and Neighborhood
Projects Nearby Grand View Residence Lagoon
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Number of units
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Monthly Rentals
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Year Built
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Projects Nearby Grand View Residence Lagoon
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The Breeze Villas
Hill Myna Condotel
The Nice Condotel
Prime Pano
The Zero Bang Tao
Capri Residences
Les Palmares Villas
Ocean Palms Villa Bangtao
Mono Oxygen Bangtao Beach
Oxygen Bangtao