Grand View Residence

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Choeng Thale, Thalang, Phuket

6% GUARANTEED RETURN FOR 5 YEARS
Nov 2020 Off Plan
18 Units

Grand View Residence in Choeng Thale, Phuket

Grand View Residence is a house and villa project located in Choeng Thale, Phuket and it is scheduled for completion in Nov 2020. It has 18 units and was developed by Pasak Projects Co., Ltd.

About Grand View Residence

The 18 luxury villas; Unique concept of luxurious but affordable villas in the middle of Phuket’s amazing nature with an exceptional mountain view. Each villa comes with living space area will minimum 280 sq. and the plot area will around 333 sq. and up. Overlooking the large private swimming pool and the high-quality finishing of your new home, untouched nature to enjoy tropical and private living at its finest.

Prices by Room Types

Facilities

Fitness
Communal Gym
Safety
24H Security
CCTV (Video Surveillance)
Convenience
Car Parking
Reception Lobby Area

Management

Project ManagementSinking Fund
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 Grand View Residence the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
฿500/SqM
Project ManagementCommon Area Management Fee
These common area maintenance (CAM) fees are paid by owners for the upkeep of the common areas of condominiums and housing projects. For new residential developments, it is common to pay up to 1-3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿25/SqM

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿250,000
1st Installment
Upon Signing Contract ( 15 Days )
30%
2nd Installment
Main structural Completeion
30%
3rd Installment
Wall & Roof tiles
20%
4th Installment
Floor & Interior
10%
5th Installment
On handover
10%

Master Plan

Project Progress

Grand View Residence 37%
Expected completion date: November 2020

About the Developer - Pasak Projects Co., Ltd.

All Pasak Projects Co., Ltd. Projects
1 Project 18 Units

Pasak Projects Co., Ltd. has a strong background and a proven track record of 2 completed and delivered villa estates in the Pasak area of Cherngtalay.

Our well-known company has grown mainly through word of mouth and offers value for money residences with a unique design and high-quality finishing in a great location and we strongly believe that these are the key elements for the success of our product and project as a whole to our new project.

Frequently asked questions

The common area maintenance fee is ฿25 per square meter based on the plot size of the property. This fee has to be paid every month 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 Grand View Residence the required payment for the sinking fund is ฿500 per square meter based on the size of the plot size of the property.
Grand View Residence offers a guaranteed rental return of 6% (based on the purchase price of the property) for a duration of 5 Years.
Read more here.
Bang Tao Beach is the closest Beach from Grand View Residence and it is 5 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

What is the process of a property purchase in Thailand?

 

After you have found the right property 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 Instalments

  • Snag List

  • Transfer

  •  

    Read more here

     

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    Thailand

    Choeng Thale

    Neighborhood Overview

    Location and Neighborhood

    Street View


    Surrounding area

    Grand View Residence is located 2180 from 7-Eleven and it can be reached within 6 mins by car.

    There are many other shops situated in the area of Grand View Residence, the 3 closest being:
    - 7-Eleven is 2.9 km away (an approx. drive of 6 mins.)
    - CP Fresh Mart is 2.5 km away (an approx. drive of 7 mins.)
    - 7-Eleven is 2.5 km away (an approx. drive of 6 mins.)

    The surrounding area, where Grand View Residence is situated, offers a wide variety of restaurants. See the closest of them below:
    - Ple's Kitchen is 400 m away (a walk of about 5 mins.)
    - Jple Kitchen is 410 m away (a walk of about 5 mins.)
    - Sun set point restaurant is 2.8 km away (approx. 9 mins. by car)

    New Primary Care Hospital is the nearest health facility, which is 3.3 km away (you can drive there in 8 mins.) from the project, while the closest schools in the proximity of Grand View Residence are:
    - Lysium Company Limited is 2.7 km away (an approx. drive of 8 mins.)
    - Greenhouse Phuket Kindergarten is 800 m away (about 10 mins. by foot)
    - Thalang Service Unit Location of Choeng Thale Municipality is 1.5 km away (an approx. drive of 3 mins.)

    Phuket International Airport is located 18.4 km from Grand View Residence and it takes about 27 mins. by car or taxi (depending on the traffic) to get there.