3 Bedroom Townhouse for sale at Thai Paradise South

5 (1 Review)
Cha-Am, Cha-Am,Phetchaburi
Unit ID: U74773
12% Rental Yield
฿4,500,000
3 Bedrooms
3 Bathrooms
135 SqM Indoor Area
2 Storeys
Dec 2009 Completed

About This Townhouse

This property is a 135 SqM townhouse with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Thai Paradise South project in Cha-Am, Phetchaburi and was completed in Dec 2009. You can buy this townhouse for a base price of ฿4,500,000 (฿33,333/SqM) and it is also available for long term rentals starting from ฿45,000 per month.

Features

TerraceTerrace BalconyBalcony Wifi IncludedWifi Included Full Western KitchenFull Western Kitchen

Basic Information

Property Type Townhouse
Storeys 2
Location Cha-Am, Cha-Am, Phetchaburi
Bedrooms 3
Nearest Landmark Cha Am Beach -2.9 Km
Indoor Area 135 SqM
Price per SqM ฿33,333
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 70 SqM
Townhouse Ownership

Foreign nationals can own the building (townhouse) 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 (Dec 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, Blocked View
Unit Type N/A
Parking Spots N/A
Pool Size +/- 50m x 5m
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
N/A
Date Listed May 20, 2018
Last Updated 2 years ago
Unit ID U74773

Investment Opportunity: Charges & Yield

Sale Price
฿4,500,000
Rent
฿45,000/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.
8
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
12%

Project Details

Project Name: Thai Paradise South
Developer: N/A
Construction: Completed (Dec 2009)
Units: 20
Project Area: N/A
Nearest Landmark Cha Am Beach - 2.9 Km
Location: Cha-Am, Cha-Am, Phetchaburi
Thai Paradise South Project Details

Project Features

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

Available Units at Thai Paradise South

For Sale 3 For Rent 1
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Frequently Asked Questions

Cha Am Beach is the nearest Beach from Thai Paradise South and it is 2.9 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 Thai Paradise South 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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Reviews

5 out of 5 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Super awesome.
5 Treeradech R., Thailand, 5 years ago
My family and I rent a townhouse in this project, which has 2 floors, 3 bedrooms, 2 bathrooms on the second floor, and 1 bathroom on the first floor. The project is private and quiet because it has only 20 units. The project’s common area is also clean, and the children love the pool. The security guards are always attentive, making us, as parents, feel at ease. The rental price is also reasonable. Most importantly, it is only 5 minutes away on foot to Cha Am Beach, which is super awesome.
Phetchaburi
Cha-Am

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Location and Neighborhood

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