3 Bedroom Villa for sale at Palm Lakeside Villas

2.67 (1 Review)
Pong, Pattaya, Chon Buri
Unit ID: U636030
฿9,800,000 Great Price
3 Bedrooms
4 Bathrooms
191 SqM Indoor Area
1 Storeys
12 Months Made To Order

About This Villa

This property is a 191 SqM villa with 3 bedrooms and 4 bathrooms that is available for sale. It is part of the Palm Lakeside Villas project in Pong, Pattaya and will be built within 12 months of purchase. You can buy this villa for a base price of ฿9,800,000 (฿51,309/SqM).

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Maids QuartersMaids Quarters Outdoor SalaOutdoor Sala Full Western KitchenFull Western Kitchen

Basic Information

Property Type Villa
Storeys 1
Location Pong, Pattaya, Chon Buri
Bedrooms 3
Nearest Landmark Ka Ting Lai Beach -6.7 Km
Indoor Area 191 SqM
Price per SqM ฿51,309
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
312 SqM
Plot Size 400 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
Land Title Deed N/A
Construction Made To Order (12 Months)
Furniture
Unfurnished
View(s) Mountain View, Garden View
Unit Type 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.
฿4,800/mo
Listed By
Developer
Date Listed Oct 15, 2020
Last Updated 1 week ago
Unit ID U636030

3D Walkthrough

Price Analysis

Great Price
Estimated market value ฿12,525,119
Great
฿8,910,000
Good
Fair
Above
฿16,700,000
Current asking Price: ฿9,800,000
This villa is ฿2,725,119 BELOW MARKET (-22%) 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
฿9,800,000
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.
฿4,800/mo

Project Details

Project Name: Palm Lakeside Villas
Developer: Palm Bay Group
Construction: Made To Order (12 Months)
Units: 80
Project Area: 41,600 SqM
Nearest Landmark Ka Ting Lai Beach - 6.7 Km
Location: Pong, Pattaya, Chon Buri
Palm Lakeside Villas Project Details

Project Features

Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
BBQ Area BBQ Area
Lounge Lounge

Available Units at Palm Lakeside Villas

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Payment Plan

Installment Milestone Payment
1st Installment
Immediately
฿200,000
2nd Installment
Upon contract signing
30%
3rd Installment
During Construction
25%
4th Installment
During Construction
25%
5th Installment
On handover
20%

Frequently Asked Questions

Dogs, cats and small pets like rabbits, hamsters and guinea pigs are allowed at Palm Lakeside Villas.
The common area maintenance fee is ฿12 per square meter based on the plot size of the property and is ฿4,800 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 Palm Lakeside Villas the required payment for the sinking fund is ฿300 per square meter based on the size of the plot size of the property.
Ka Ting Lai Beach is the nearest Beach from Palm Lakeside Villas and it is 6.7 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 Lakeside Villas you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

Installment Milestone Payment
1st Installment
Immediately
฿200,000
2nd Installment
Upon contract signing
30%
3rd Installment
During Construction
25%
4th Installment
During Construction
25%
5th Installment
On handover
20%

 

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

2.7 out of 5 2.67
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
2-story house suitable for large families
2.7 Tim Lee, Singapore, 2 years ago
Spacious house and suitable for large families, my house is a 2-story house consisting of 4 bedrooms, a private swimming pool, and 2 car parking spaces. I like this simple design. Also, there is an area for parties in front of the house and I think this is a great vacation home. The security system here is very good as well. However, the downside will be the location as it is in the suburbs. Traveling is also not convenient as it is far from shopping malls. There are rare trees in the village area, and it is not shady. Overall, it is worth the price paid.
Pattaya
Pong

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Palm Lakeside Villas

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Amaya Hill
Location
Pong, Pattaya, Chon Buri
Number of units
59
Sales Prices
฿9.46M
▲ 30% overpriced
Monthly Rentals
N/A
Year Built
Jan 2016
Completion Status
Completed
Location
Pong, Pattaya, Chon Buri
Number of units
N/A
Sales Prices
฿2.63M
Monthly Rentals
N/A
Year Built
Mar 2022
Completion Status
Completed
Location
Pong, Pattaya, Chon Buri
Number of units
7
Sales Prices
฿17M - ฿35.1M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Made To Order
Location
Pong, Pattaya, Chon Buri
Number of units
27
Sales Prices
฿6.16M - ฿16.6M
Monthly Rentals
N/A
Year Built
Dec 2022
Completion Status
Off Plan
Location
Pong, Pattaya, Chon Buri
Number of units
8
Sales Prices
฿16.6M
Monthly Rentals
N/A
Year Built
Jul 2012
Completion Status
Completed
Project Name
Lakeside Court
Location
Pong, Pattaya, Chon Buri
Number of units
20
Sales Prices
฿8.56M
▼ -48% underpriced
Monthly Rentals
N/A
Year Built
Dec 2008
Completion Status
Completed
Project Name
Tawan Villas
Location
Pong, Pattaya, Chon Buri
Number of units
7
Sales Prices
฿12.8M
▲ 23% overpriced
Monthly Rentals
N/A
Year Built
Jan 2010
Completion Status
Completed
Location
Pong, Pattaya, Chon Buri
Number of units
11
Sales Prices
฿26.9M - ฿65.5M
▲ 18% overpriced
Monthly Rentals
N/A
Year Built
May 2012
Completion Status
Completed
Project Name
The Palm Parco
Location
Pong, Pattaya, Chon Buri
Number of units
93
Sales Prices
฿4.68M - ฿5.43M
▲ 21% overpriced
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Made To Order
Location
Pong, Pattaya, Chon Buri
Number of units
10
Sales Prices
฿682K
Monthly Rentals
N/A
Year Built
May 2010
Completion Status
Completed
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