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    3 Bedroom Villa for sale at Dragon's Dream 1
    Cha-Am, Cha-Am,Phetchaburi
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    Sale Price
    $167,000
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    3 Bedroom Villa for sale at Dragon's Dream 1

    (1 Review)
    Unit ID: U169093
    7% Rental Yield
    Cha-Am, Cha-Am,Phetchaburi
    $167,000 Great Price
    3 Bedrooms
    3
    Bathrooms
    2,153 Sqft
    Indoor Area
    2
    Storeys
    Nov 2009
    Completed
    14
    Sale Price
    $167,000
    Great Price

    About This Villa

    This property is a 2,153 Sqft villa with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Cha-Am, Phetchaburi and was completed in Nov 2009. You can buy this villa for a base price of $167,000 ($78/Sqft).

    Features

    Private PoolPrivate Pool Private GardenPrivate Garden Covered ParkingCovered Parking BalconyBalcony Full Western KitchenFull Western Kitchen

    Basic Information

    Date Listed Aug 7, 2019
    Updated 4 years ago
    Property Type Villa
    Storeys 2
    Location Cha-Am, Phetchaburi
    Bedrooms 3
    Nearest Landmark RRC Bus Station -2 Km
    Indoor Area 2,153 Sqft
    Price per Sqft $78
    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 5,425 Sqft
    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
    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
    Land Title Deed N/A
    Construction Completed (Nov 2009)
    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, Blocked View
    Unit Type N/A
    Parking Spots N/A
    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
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U169093

    Investment Opportunity: Charges & Yield

    Sale Price
    $167,000
    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.
    15
    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 Dragon's Dream 1 , and the current sales price.
    7%

    Project Details

    Project Name: Dragon's Dream 1
    Developer: N/A
    Construction: Completed (Nov 2009)
    Units: 75
    Project Area: N/A
    Nearest Landmark RRC Bus Station - 2 Km
    Location: Cha-Am, Phetchaburi
    Dragon's Dream 1 Project Details

    Project Features

    24H Security 24H Security

    Available Units at Dragon's Dream 1

    For Sale 2 For Rent 1
    • All
    • 3 Beds
    Get notified when new homes are being added to Dragon's Dream 1
    View All (2)

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    Frequently Asked Questions

    RRC Bus Station is the nearest Bus Terminal from Dragon's Dream 1 and it is 2 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 Dragon's Dream 1 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

    Reviews

    4 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    The pleasant house to live in
    Kan S., Thailand, 6 years ago
    It is one of the high-quality projects in Cha-Am, offering a three-bedroom house that is beautifully designed and comfortable to live in. The living area is large and comfortable, and it includes a living room, kitchen, bathroom, and dining area. Because of the project's excellent management, I have complete faith in it. The staff is also excellent and friendly, as well as very helpful. The neighbors who live next door are also lovely. Besides, the project is easily accessible due to its proximity to the main road and is surrounded by numerous amenities, such as convenience stores, restaurants, hospitals, and shopping malls, all of which are complete and convenient.
    Phetchaburi
    Cha-Am

    Neighborhood Overview

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