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    4 Bedroom Villa for sale at Grand View Residence Lagoon
    Choeng Thale, Thalang,Phuket
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    Sale Price
    £747,000
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    4 Bedroom Villa for sale at Grand View Residence Lagoon

     (Write Review)
    Choeng Thale, Thalang,Phuket
    Unit ID: U1104438
    8% Rental Yield
    4 Bedrooms
    4 Bathrooms
    235.87 SqM Indoor Area
    2 Storeys
    12 Months Made To Order
     (Write Review)
    Sale Price
    £747,000
    25

    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 £747,000 (£3,170/SqM).

    Features

    Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace BalconyBalcony Full Western KitchenFull Western Kitchen BathtubBathtub MicrowaveMicrowave OvenOven

    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 £3,170
    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 419 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.

    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 Made To Order (12 Months)
    Furniture
    Built-ins are any items that do not leave the property but remain a part of the permanent structure of a home. This includes any type of permanent appliances, cabinetry, furniture that’s built into the home, such as shelving or benches, and other attached items.
    Available for £27,300
    View(s) Pool View, Garden View
    Unit Type 4BR
    Parking Spots 2
    Pool Size 4m x 8m
    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.
    £0/mo
    Listed By
    Developer
    Electricity Price Government Rate
    Water Price Government Rate
    Unit ID U1104438

    Investment Opportunity: Charges & Yield

    Sale Price
    £747,000
    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.
    £0/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.
    13
    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 Grand View Residence Lagoon, and the current sales price.
    8%

    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 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Communal Garden Area Communal Garden Area

    Available Units at Grand View Residence Lagoon

    For Sale 1 For Rent 2
    • All
    • 4 Beds
    Get notified when new homes are being added to Grand View Residence Lagoon
    View All (1)

    Loan Calculator

    Payment Plan

    Payment Terms
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    £5,680
    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 £2,270.
    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.

     

    Read more here

    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
    £5,680
    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%


    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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    Phuket
    Choeng Thale

    Neighborhood Overview

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