Grand View Residence

4.75 (2 Reviews)

Choeng Thale, Thalang,Phuket

Unit ID: U160344
6% GUAR. RETURN FOR 5 YEARS
฿16,500,000
Bedroom
3 Bedrooms
Bathroom
4 Bathrooms
Indoor Area
402.68 SqM Indoor Area
Stairs
2 Storeys
Construction
Nov 2020 Completed

3 Bedroom Villa for sale at Grand View Residence

This property is a 402.68 SqM villa with 3 bedrooms and 4 bathrooms that is available for sale. It is part of the Grand View Residence project in Choeng Thale, Phuket and was completed in Nov 2020. You can buy this villa for a base price of ฿16,500,000 (฿40,975/SqM).

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking

Basic Information

Property Type Villa
Storeys 2
Location Choeng Thale, Thalang, Phuket
Bedrooms 3
Nearest Landmark Bang Tao Beach -5 Km
Indoor Area 402.68 SqM
Price per SqM ฿40,975
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 370.66 SqM
Villa Ownership

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

Foreign Ownership, Thai Ownership, 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.

Thai Ownership, Company, Leasehold
Land Title Deed N/A
Construction Completed (Nov 2020)
Furniture
Built-ins are any items that do not leave the property but remain a part of the permanent structure of a home. This includes any type of permanent appliances, cabinetry, furniture that’s built into the home, such as shelving or benches, and other attached items.
Available for ฿600,000
View(s) Pool View, Garden View
Unit Type Type B
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.
฿9,267/mo
Listed By
Developer
Date Listed Jun 10, 2019
Last Updated 1 year ago
Unit ID U160344

Investment Opportunity: Charges & Yield

Sale Price
฿16,500,000
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.
฿9,267/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, Thalang, 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

Get notified when new homes are being added to Grand View Residence

Loan Calculator

Payment Plan

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%

Frequently asked questions

The common area maintenance fee is ฿25 per square meter based on the plot size of the property and is ฿9,267 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

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

4.8 out of 5 4.75
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.
4.5 Adisak Manupan, Thailand, 9 months 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
5 Peter Xing, China, 11 months 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

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