Tropical Village 2

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Huai Yai, Pattaya, Chon Buri

Unit ID: U62063
฿5,510,000 Great Price
Bedroom
3 Bedrooms
Bathroom
3 Bathrooms
Indoor Area
243 SqM Indoor Area
Stairs
2 Storeys
Construction
6 Months Made To Order

3 Bedroom House for sale at Tropical Village 2

This property is a 243 SqM house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Tropical Village 2 project in Huai Yai, Pattaya and will be built within 6 months of purchase. You can buy this house for a base price of ฿5,510,000 (฿22,675/SqM).

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

Basic Information

Property Type House
Storeys 2
Location Huai Yai, Pattaya, Chon Buri
Bedrooms 3
Nearest Landmark Mimosa Market -4.5 Km
Indoor Area 243 SqM
Price per SqM ฿22,675
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 243 SqM
House Ownership

Foreign nationals can own the building (house) 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.

Company
Land Title Deed N/A
Construction Made To Order (6 Months)
Furniture
Unfurnished
View(s) Garden View
Unit Type Lanta
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.
N/A
Listed By
Developer
Date Listed Jan 29, 2018
Last Updated 1 year ago
Unit ID U62063

Price Analysis

Great Price
Estimated market value ฿8,964,744
Great
฿6,110,000
Good
Fair
Above
฿7,060,000
Current asking Price: ฿5,510,000
This house is ฿3,454,744 BELOW MARKET (-39%) in the Pattaya area. It is analyzed against similar houses and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
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Investment Opportunity: Charges & Yield

Sale Price
฿5,510,000

Project Details

Project Name: Tropical Village 2
Developer: N/A
Construction: Made To Order (6 Months)
Units: 124
Project Area: N/A
Nearest Landmark Mimosa Market - 4.5 Km
Location: Huai Yai, Pattaya, Chon Buri
Tropical Village 2 Project Details

Project Features

Communal Pool Communal Pool
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone

Available Units at Tropical Village 2

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Frequently asked questions

Mimosa Market is the nearest Market from Tropical Village 2 and it is 4.5 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 Tropical Village 2 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

Sale Price : ฿5,759,000
Fazwaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
Fazwaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
Fazwaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
Fazwaz Estimate : ฿149,999
Price Rating : Fair Price

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Pattaya

Huai Yai

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