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    4 Bedroom Villa for sale at Grand View Residence
    Choeng Thale, Thalang,Phuket
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    Sale Price
    $641,000 $699,000
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    4 Bedroom Villa for sale at Grand View Residence
    (2 Reviews)
    Unit ID: U1180862
    6% GUAR. RETURN FOR 5 YEARS
    Choeng Thale, Thalang,Phuket
    $641,000 $699,000
    4 Bedrooms
    4
    Bathrooms
    4,370 Sqft
    Indoor Area
    2
    Storeys
    Nov 2020
    Completed
    23
    Sale Price
    $641,000
    $699,000

    About This Villa

    This property is a 4,370 Sqft villa with 4 bedrooms and 4 bathrooms that is available for sale. It is part of the project in Choeng Thale, Phuket and was completed in Nov 2020. You can buy this villa for a base price of $641,000 ($147/Sqft) and it is also available for long term rentals starting from $6,990 per month.

    Brand New and Modern Pool Villa close to Boat Avenue

    Luxurious yet affordable villas in Phuket's stunning natural surroundings with exceptional mountain views. Each villa has a living area of at least 280 sq. M, and the land area is from 390 sq.m. overlooking a large private pool. The villas will be built on 2 floors, partially or fully furnished. Standard furniture packages in each villa include a fully equipped European kitchen, all bedrooms are equipped with a bed / mattress and fitted wardrobes, ceramic, granite and natural floor tiles etc. The developer has made a reputation for himself with already built projects of beautiful Diamond and Diamond Tree villas with high quality finishes and quality construction.

    Features

    Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Corner UnitCorner Unit BalconyBalcony Outdoor ShowersOutdoor Showers Full Western KitchenFull Western Kitchen BathtubBathtub MicrowaveMicrowave OvenOven TVTV

    Basic Information

    Date Listed Mar 10, 2023
    Updated 1 month ago
    Property Type Villa (Single Detached)
    Storeys 2
    Location Choeng Thale, Phuket
    Bedrooms 4
    Nearest Landmark Bang Tao Beach -5 Km
    Indoor Area 4,370 Sqft
    Price per Sqft $147
    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 3,229 Sqft
    Pets All Kind of Pets Allowed
    Villa Ownership

    Foreign nationals can own the building (villa) in their own name, but not the land that it stands on.

    Foreign 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, Company, Leasehold
    Land Title Deed N/A
    Construction Completed (Nov 2020)
    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 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.
    $219/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1180862

    Investment Opportunity: Charges & Yield

    Sale Price
    $641,000
    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.
    $219/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.
    17
    Guaranteed Rental Return
    6%
    Guarantee Duration
    5 Years

    Project Details

    Project Name: Grand View Residence
    Developer: Pasak Projects Co., Ltd.
    Construction: Completed (Nov 2020)
    Units: 18
    Project Area: N/A
    Nearest Landmark Bang Tao Beach - 5 Km
    Location: Choeng Thale, Phuket
    Grand View Residence Project Details

    Project Features

    Communal Gym Communal Gym
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Reception / Lobby Area Reception / Lobby Area

    Available Units at Grand View Residence

    For Sale 3 For Rent 5
    • All
    • 3 Beds
    • 4 Beds
    Get notified when new homes are being added to Grand View Residence
    View All (3)

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    Frequently Asked Questions

    All kind of pets are allowed at Grand View Residence including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    The common area maintenance fee is $1 per square meter based on the plot size of the property and is $219 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 Grand View Residence the required payment for the sinking fund is $15 per square meter based on the size of the plot size of the property.
    Grand View Residence offers a guaranteed rental return of 6% (based on the purchase price of the property) for a duration of 5 Years.
    Read more here.
    Bang Tao Beach is the nearest Beach from Grand View Residence and it is 5 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 you have to follow these steps:

    • - Agreement of terms and conditions
    • - Reservation Agreement
    • - Reservation Deposit
    • - Sales and Purchase Agreement
    • - Settlement & Transfer
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    $7,280
    1st Installment
    Upon Signing Contract ( 15 Days )
    30%
    2nd Installment
    Main structural Completeion
    30%
    3rd Installment
    Wall & Roof tiles
    20%
    4th Installment
    Floor & 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

    Reviews

    4.8 out of 5
    Based on
    2 Reviews
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    It is a very inviting villa to live in.
    Adisak Manupan, Thailand, 4 years ago
    It is the project located in Soi Pasak 8 or Soi Choeng Thale 2, considered to be very prosperous. I can see that the area has huge development. Before, it was lonely and terrifying, much different. The roads have been developed, and there are lights all the way. There are many luxury villages already built in the same area. Overall, this location is pleasant to live in. Also, it is in the same alley as the Blue Tree water park and very close to Boat Avenue Cherngtalay. Not far from Layan Beach and Bang Tao Beach. There is a sound security system in the project. Inside, the villa has a spacious big pool and a beautiful garden. The interior is elegantly designed. There are two floors, three bedrooms with excellent furniture. It is a very inviting villa to live in.
    Awesome house, quiet atmosphere
    Peter Xing, China, 4 years ago
    This village will be the best home for our family. The atmosphere is livable and quiet. The house is modern with a fabulous design. The villa has 3 bedrooms with a private pool in a great location of the Pasak area, which has many villas. It's also not far from the Boat Avenue Project. There are both Villa Market and international restaurants available. Very interesting!
    Phuket
    Choeng Thale

    Neighborhood Overview

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