5 Bedroom Villa for sale at Palm Lakeside Villas

(1 Review)
Pong, Pattaya, Chon Buri
Unit ID: U1059508
5 Bedrooms
6 Bathrooms
350 SqM Indoor Area
12 Months Made To Order

About This Villa

This property is a 350 SqM villa with 5 bedrooms and 6 bathrooms that is available for sale. It is part of the project in Pong, Pattaya and will be built within 12 months of purchase. You can buy this villa for a base price of £458,000 (£1,310/SqM).

Features

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

Basic Information

Date Listed Jul 11, 2023
Updated 1 year ago
Property Type Villa (Single Detached)
Storeys 0
Location Pong, Pattaya
Bedrooms 5
Nearest Landmark Ka Ting Lai Beach -6.7 Km
Indoor Area 350 SqM
Price per SqM £1,310
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
350 SqM
Plot Size 400 SqM
Pets Cats and Dogs (all sizes)
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 N/A
Construction Made To Order (12 Months)
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 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.
£111/mo
Listed By
Broker Network
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1059508

Investment Opportunity: Charges & Yield

Sale Price
£458,000
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.
£111/mo

Project Details

Project Name: Palm Lakeside Villas
Developer: Palm Bay Group
Construction: Made To Order (12 Months)
Units: 80
Project Area: 41,600 SqM
Nearest Landmark Ka Ting Lai Beach - 6.7 Km
Location: Pong, Pattaya
Palm Lakeside Villas Project Details

Project Features

Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
BBQ Area BBQ Area
Lounge Lounge

Available Units at Palm Lakeside Villas

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Payment Plan

Installment Milestone Payment
1st Installment
Immediately
£4,630
2nd Installment
Upon contract signing
30%
3rd Installment
During Construction
25%
4th Installment
During Construction
25%
5th Installment
On handover
20%

Frequently Asked Questions

Dogs, cats and small pets like rabbits, hamsters and guinea pigs are allowed at Palm Lakeside Villas.
The common area maintenance fee is £0 per square meter based on the plot size of the property and is £111 for this villa. This fee 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 Palm Lakeside Villas the required payment for the sinking fund is £7 per square meter based on the size of the plot size of the property.
Ka Ting Lai Beach is the nearest Beach from Palm Lakeside Villas and it is 6.7 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 Palm Lakeside Villas you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer
Installment Milestone Payment
1st Installment
Immediately
£4,630
2nd Installment
Upon contract signing
30%
3rd Installment
During Construction
25%
4th Installment
During Construction
25%
5th Installment
On handover
20%


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

2.7 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
2-story house suitable for large families
Tim Lee, Singapore, 4 years ago
Spacious house and suitable for large families, my house is a 2-story house consisting of 4 bedrooms, a private swimming pool, and 2 car parking spaces. I like this simple design. Also, there is an area for parties in front of the house and I think this is a great vacation home. The security system here is very good as well. However, the downside will be the location as it is in the suburbs. Traveling is also not convenient as it is far from shopping malls. There are rare trees in the village area, and it is not shady. Overall, it is worth the price paid.
Pattaya
Pong

Neighborhood Overview

Location and Neighborhood

Street View

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Location
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Number of units
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Location
Nong Pla Lai, Pattaya, Chon Buri
Number of units
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Monthly Rentals
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Year Built
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Location
Pong, Pattaya, Chon Buri
Number of units
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▼ -50% underpriced
Monthly Rentals
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Year Built
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Completion Status
Completed
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