Unit ID: U1680500
6% GUAR. RETURN FOR 5 YEARS
Choeng Thale, Thalang,Phuket
฿29,500,000
3 Bedrooms
4
Bathrooms
250 SqM
Indoor Area
2
Storeys
Nov 2020
Completed

About This Villa

This property is a 250 SqM villa with 3 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 ฿29,500,000 (฿118,000/SqM).

This beautifully designed and fully furnished property with an area of 250 square meters consists of a living room with an unusual, glazed height of 12 meters, connected to a kitchen and a dining room with a total area of ​​up to 100 m2. The house has 3 spacious bedrooms, each with its own bathroom and wardrobe, one of the bedrooms has been converted into a two-level children’s room which is equipped with a climbing wall, slides, a swing, many shelves, drawers and compartments to accommodate all children’s toys. Outside, we have a wonderful private swimming pool measuring 4.5m x 13m with an indoor room with an outdoor kitchen surrounded by a tropical garden with coconut trees. The villa is located in a prestigious area of Phuket, close to beaches, exclusive restaurants and shops with products from around the world. It is an ideal place for lovers of luxury and the beauty of tropical nature.

Features

Private PoolPrivate Pool Rooftop TerraceRooftop Terrace Private GardenPrivate Garden Garden AccessGarden Access TerraceTerrace Covered ParkingCovered Parking Outdoor ShowersOutdoor Showers

Basic Information

Date Listed Oct 17, 2023
Updated 1 week ago
Property Type Villa (Single Detached)
Storeys 2
Location Choeng Thale, Phuket
Bedrooms 3
Nearest Landmark Bang Tao Beach -5 Km
Indoor Area 250 SqM
Price per SqM ฿118,000
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
300 SqM
Plot Size 380 SqM
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.

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 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) Mountain View, 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.
฿9,500/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1680500

Investment Opportunity: Charges & Yield

Sale Price
฿29,500,000
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.
฿9,500/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
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 4 For Rent 6
Get notified when new homes are being added to Grand View Residence
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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 ฿25 per square meter based on the plot size of the property and is ฿9,500 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 ฿500 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
฿250,000
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, 3 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

Location and Neighborhood

Street View

Projects Nearby Grand View Residence

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Number of units
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Year Built
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Project Name
Location
Number of units
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Year Built
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Location
Si Sunthon, Thalang, Phuket
Number of units
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Sales Prices
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▲ 7.5% overpriced
Monthly Rentals
฿100K - ฿200K
Year Built
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Completion Status
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Project Name
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Location
Si Sunthon, Thalang, Phuket
Number of units
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Sales Prices
฿26M - ฿29.9M
Monthly Rentals
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Year Built
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Completion Status
Completed
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Number of units
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Monthly Rentals
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Year Built
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Number of units
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Year Built
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Completion Status
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Project Name
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Location
Si Sunthon, Thalang, Phuket
Number of units
14
Sales Prices
฿20M - ฿21.5M
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Year Built
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Completion Status
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Location
Si Sunthon, Thalang, Phuket
Number of units
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Year Built
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