3 Bedroom Villa for sale at Panorama Palm Hills

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Cha-Am, Cha-Am,Phetchaburi
Unit ID: U1057364
฿12,100,000
3 Bedrooms
4 Bathrooms
163 SqM Indoor Area
Jan 2024 Off Plan

About This Villa

This property is a 163 SqM villa with 3 bedrooms and 4 bathrooms that is available for sale. It is part of the Panorama Palm Hills project in Cha-Am, Phetchaburi and it is scheduled for completion in Jan 2024. You can buy this villa for a base price of ฿12,100,000 (฿74,233/SqM).

Features

Private PoolPrivate Pool Covered ParkingCovered Parking

Basic Information

Property Type Villa
Storeys N/A
Location Cha-Am, Cha-Am, Phetchaburi
Bedrooms 3
Nearest Landmark Hua Hin Beach -1.3 Km
Indoor Area 163 SqM
Price per SqM ฿74,233
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
137 SqM
Plot Size 964 SqM
Villa Ownership

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

Leasehold
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.

Leasehold
Land Title Deed N/A
Construction Off Plan (Jan 2024)
Furniture
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) Pool View
Unit Type B3 Plus
Parking Spots 1
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.
฿2,500/mo
Listed By
Developer
Date Listed Feb 8, 2022
Last Updated 6 months ago
Unit ID U1057364

Investment Opportunity: Charges & Yield

Sale Price
฿12,100,000
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.
฿2,500/mo

Project Details

Project Name: Panorama Palm Hills
Construction: Off Plan (Jan 2024)
Units: 9
Project Area: 8,288 SqM
Nearest Landmark Hua Hin Beach - 1.3 Km
Location: Cha-Am, Cha-Am, Phetchaburi
Panorama Palm Hills Project Details

Project Features

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

Available Units at Panorama Palm Hills

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Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
Upon contract signing
25%
2nd Installment
upon completion of the foundations and floors beams
25%
3rd Installment
upon completion of main structure, roof, concrete areas and pool first stage
20%
4th Installment
upon completion of windows, doors, pool and fixtures/ fittings
15%
5th Installment
upon completion & customer inspection of works
15%

Frequently Asked Questions

Small dogs (weight under 15 kg), cats and small pets like rabbits, hamsters and guinea pigs are allowed at Panorama Palm Hills.
The common area maintenance fee for properties at Panorama Palm Hills is a fixed amount of ฿2,500. This amount 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 Panorama Palm Hills the required payment for the sinking fund is a fixed amount of ฿100,000.
Hua Hin Beach is the nearest Beach from Panorama Palm Hills and it is 1.3 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

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.

#1 - 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. 

#2 - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)

#3 - Is there a succession clause in the lease agreement that will allow inheritance of the lease?

 

Read more here

After you have found the right property at Panorama Palm Hills you have to follow these steps:

 

  • Unit selection and agreement of terms and conditions 

  • Reservation Agreement

  • Reservation Deposit 

  • Sales and Purchase Agreement

  • 1st Contract Payment 

  • Payment Installments

  • Snag List

  • Transfer

 


Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
Upon contract signing
25%
2nd Installment
upon completion of the foundations and floors beams
25%
3rd Installment
upon completion of main structure, roof, concrete areas and pool first stage
20%
4th Installment
upon completion of windows, doors, pool and fixtures/ fittings
15%
5th Installment
upon completion & customer inspection of works
15%

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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Phetchaburi
Cha-Am

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