3 Bedroom Villa for sale at Palm Grove Resort

5 (1 Review)
Na Chom Thian, Pattaya, Chon Buri
Unit ID: U221542
5% Rental Yield
฿9,600,000 Great Price
3 Bedrooms
3 Bathrooms
284 SqM Indoor Area
2 Storeys
Dec 2009 Completed

About This Villa

This property is a 284 SqM villa with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Palm Grove Resort project in Na Chom Thian, Pattaya and was completed in Dec 2009. You can buy this villa for a base price of ฿9,600,000 (฿33,803/SqM) and it is also available for long term rentals starting from ฿40,000 per month.

Features

Private PoolPrivate Pool Private GardenPrivate Garden Full Western KitchenFull Western Kitchen MicrowaveMicrowave OvenOven TVTV

Basic Information

Property Type Villa
Storeys 2
Location Na Chom Thian, Sattahip, Chon Buri
Bedrooms 3
Nearest Landmark Ban Amphur Beach -1 Km
Indoor Area 284 SqM
Price per SqM ฿33,803
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 N/A
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 (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) Pool View, Garden View
Unit Type N/A
Parking Spots N/A
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
Private Owner
Date Listed Oct 30, 2019
Last Updated 2 years ago
Unit ID U221542

Price Analysis

Great Price
Estimated market value ฿12,013,518
Great
฿8,600,000
Good
Fair
Above
฿17,400,000
Current asking Price: ฿9,600,000 | Advertised rental rate: ฿40,000/mo
This villa is ฿2,413,518 BELOW MARKET (-20%) in the Pattaya area. It is analyzed against similar villas 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
฿9,600,000
Rent
฿40,000/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.
20
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.
5%

Project Details

Project Name: Palm Grove Resort
Developer: N/A
Construction: Completed (Dec 2009)
Units: 22
Project Area: N/A
Nearest Landmark Ban Amphur Beach - 1 Km
Location: Na Chom Thian, Sattahip, Chon Buri
Palm Grove Resort Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)

Available Units at Palm Grove Resort

For Sale 1 For Rent 1

Loan Calculator

Frequently Asked Questions

Ban Amphur Beach is the nearest Beach from Palm Grove Resort and it is 1 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 Palm Grove Resort 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

Do you own a property at Palm Grove Resort?

Find out how much your property is worth and start your listing for free.

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
It was very nice
5 Sara T., Australia, 3 years ago
My family and I stayed at this pool villa last week, and it was very nice. The staff was so attentive and friendly. Plus, the foot massage is excellent. I recommend it after a long day of walking and having a massage. Our villa has 3 bedrooms, 3 bathrooms. Everything is very well decorated. Even though the villa was built a long time ago, it doesn't look old at all. The bed is soft, has a nice AC, and has a clean pool. There is no complaint. Most importantly, it's near the beach near many attractions, like Jomtien Beach, Tawanron Beach, and Pattaya Floating Market.
Pattaya
Na Chom Thian

Neighborhood Overview

Location and Neighborhood

Street View

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