The Prospect

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Nong Prue, Pattaya, Chon Buri

Unit ID: U776574
฿17,900,000
Bedroom
3 Bedrooms
Bathroom
4 Bathrooms
Indoor Area
273 SqM Indoor Area
Stairs
1 Storeys
Construction
12 Months Made To Order

3 Bedroom Villa for sale at The Prospect

This property is a 273 SqM villa with 3 bedrooms and 4 bathrooms that is available for sale. It is part of the The Prospect project in Nong Prue, Pattaya and will be built within 12 months of purchase. You can buy this villa for a base price of ฿17,900,000 (฿65,568/SqM).

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

Basic Information

Property Type Villa (Single Detached)
Storeys 1
Location Nong Prue, Pattaya, Chon Buri
Bedrooms 3
Nearest Landmark Jomtien Beach South -3.6 Km
Indoor Area 273 SqM
Price per SqM ฿65,568
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 506.80 SqM
Villa Ownership

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

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
Available for ฿5,000,000
View(s) Pool View, Garden View
Unit Type 1 Storey House
Parking Spots 2
Pool Size 4x8x1.2m
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.
฿4,054/mo
Listed By
Developer
Date Listed Apr 21, 2021
Last Updated 2 months ago
Unit ID U776574

Investment Opportunity: Charges & Yield

Sale Price
฿17,900,000
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.
฿4,054/mo

Project Details

Project Name: The Prospect
Construction: Made To Order (12 Months)
Units: 80
Project Area: 88,320 SqM
Nearest Landmark Jomtien Beach South - 3.6 Km
Location: Nong Prue, Pattaya, Chon Buri
The Prospect Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Walking / Running Track Walking / Running Track
Communal Garden Area Communal Garden Area

Available Units at The Prospect

Get notified when new homes are being added to The Prospect

Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
Upon contract signing
20%
2nd Installment
12 installments
30%
3rd Installment
On handover
50%

Frequently asked questions

All kind of pets are allowed at The Prospect including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is ฿8 per square meter based on the plot size of the property and is ฿4,054 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.
Jomtien Beach South is the nearest Beach from The Prospect and it is 3.6 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 The Prospect 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
20%
2nd Installment
12 installments
30%
3rd Installment
On handover
50%

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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