Executive Homes

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Nong Prue, Pattaya, Chon Buri

Unit ID: U475786
8% Rental Yield
฿11,500,000
Bedroom
4 Bedrooms
Bathroom
3 Bathrooms
Indoor Area
180 SqM Indoor Area
Stairs
2 Storeys
Construction
Jan 2019 Completed

4 Bedroom Villa for sale at Executive Homes

This property is a 180 SqM villa with 4 bedrooms and 3 bathrooms that is available for sale. It is part of the Executive Homes project in Nong Prue, Pattaya and was completed in Jan 2019. You can buy this villa for a base price of ฿11,500,000 (฿63,889/SqM) and it is also available for long term rentals starting from ฿74,000 per month.

A luxury new project called “Executive Homes” is a superb private village that will total just sixteen properties on Phase 1 and Phase 2 of the construction.

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BathtubBathtub

Basic Information

Property Type Villa
Storeys 2
Location Nong Prue, Pattaya, Chon Buri
Bedrooms 4
Nearest Landmark Central Festival Pattaya Beach -11 Km
Indoor Area 180 SqM
Price per SqM ฿63,889
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
104 SqM
Plot Size 464 SqM
Villa Ownership

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

N/A
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.

N/A
Land Title Deed N/A
Construction Completed (Jan 2019)
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 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.
฿4,000/mo
Listed By
Private Owner
Date Listed Apr 21, 2020
Last Updated 1 year ago
Unit ID U475786

Investment Opportunity: Charges & Yield

Sale Price
฿11,500,000
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.
฿4,000/mo
Rent
฿74,000/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.
13
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.
8%

Project Details

Project Name: Executive Homes
Developer: N/A
Construction: Off Plan
Units: 16
Project Area: N/A
Nearest Landmark Central Festival Pattaya Beach - 11 Km
Location: Nong Prue, Pattaya, Chon Buri
Executive Homes Project Details

Project Features

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

Available Units at Executive Homes

For Sale 1 For Rent 1

Loan Calculator

Frequently asked questions

All kind of pets are allowed at Executive Homes including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee for properties at Executive Homes is a fixed amount of ฿4,000. 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.
Central Festival Pattaya Beach is the nearest Shopping Mall from Executive Homes and it is 11 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 Executive Homes 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

 


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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