3 Bedroom Villa for sale at Palm Villas

5 (1 Review)
Cha-Am, Cha-Am,Phetchaburi
Unit ID: U426447
6% Rental Yield
฿10,900,000 Great Price
3 Bedrooms
3 Bathrooms
274 SqM Indoor Area
1 Storeys
Jan 2015 Completed

About This Villa

This property is a 274 SqM villa with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Palm Villas project in Cha-Am, Phetchaburi and was completed in Jan 2015. You can buy this villa for a base price of ฿10,900,000 (฿39,781/SqM).

Villa for Sale in Palm Villa Hua Hin

New Pool Villa located just a 10-minute drive from every convenience of Hua Hin town and beach and an only 5-minute drive to Palm Hills Golf Course. Consisting of a spacious living room, open kitchen, 3 bed 3 bathrooms, external guest, and outside fully furnished BBQ kitchen. The house is furnished and has a fully equipped European style kitchen. Large under roof carport with electronic gate and space for 1 car. The carport has a depot/ washing machine room. There is a well-established garden with a private 4×10 meter swimming pool. You can have total peace of mind within all fenced surrounding walls and 24-hour security service at the community entrance. The house is part of a newly developed village with 39 houses at the border between Hua Hin and Cha-am. The community was highly commended by Thailand Property Award 2014 as the best residential development in Hua Hin. The entry road to the village, a newly developed 4-lane road, leads directly to both Hua Hin and Cha-am. Please give us a call to arrange the viewing of this exclusive property.

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Full Western KitchenFull Western Kitchen MicrowaveMicrowave OvenOven TVTV

Basic Information

Property Type Villa
Storeys 1
Location Cha-Am, Cha-Am, Phetchaburi
Bedrooms 3
Nearest Landmark Hua Hin Beach -1.2 Km
Indoor Area 274 SqM
Price per SqM ฿39,781
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 716 SqM
Villa Ownership

Foreign nationals can own the building (villa) 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 Chanote
Construction Completed (Jan 2015)
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 2
Pool Size 10m x 4m
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.
฿1,667/mo
Listed By
Private Owner
Date Listed Mar 7, 2020
Last Updated 2 years ago
Unit ID U426447

Price Analysis

Great Price
Estimated market value ฿11,226,686
Great
฿8,370,000
Good
Fair
Above
฿13,700,000
Current asking Price: ฿10,900,000 | Rental estimate: ฿57,200/mo
This villa is ฿326,686 BELOW MARKET (-3%) in the Phetchaburi 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.
Powered by FazWaz AVM

Investment Opportunity: Charges & Yield

Sale Price
฿10,900,000
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.
฿1,667/mo
Est. Rent
฿57,200/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.
15
Rental Yield
This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 3 bedroom villas at Palm Villas, and the current sales price.
6%

Project Details

Project Name: Palm Villas
Developer: N/A
Construction: Completed (Oct 2014)
Units: 39
Project Area: N/A
Nearest Landmark Hua Hin Beach - 1.2 Km
Location: Cha-Am, Cha-Am, Phetchaburi
Palm Villas Project Details

Project Features

Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at Palm Villas

For Sale 10 For Rent 1
Get notified when new homes are being added to Palm Villas

Loan Calculator

Frequently Asked Questions

All kind of pets are allowed at Palm Villas including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Hua Hin Beach is the nearest Beach from Palm Villas and it is 1.2 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 Villas 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
I need to hurry up and talk to my wife.
5 James G., Thailand, 5 years ago
I recently had a chance to visit the project. I have to say that it's very interesting and my mind was already made up, but I may have to discuss it with my wife a bit. Personally, I'm kind of like a 3 bedrooms, 3 bathrooms villa with a private swimming pool and a beautiful garden. Plus, there are 2 more cars parking and the usable area is almost 260 sq.m. Well, it's a fully furnished pool villa with only 8 million baht. On top of that, there are a fitness center and security staff. Above all, the location is great, only a 5-minute drive from Hua Hin Airport. Hua Hin Beach and the Golf Club aren't far away. No doubt, this is a good value for investment. I need to hurry up and talk to my wife.
Phetchaburi
Cha-Am

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