2 Bedroom House for sale at Palm View Residence

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Pong, Pattaya, Chon Buri
Unit ID: U1139928
฿677,000
2 Bedrooms
1 Bathroom
60 SqM Indoor Area
1 Storeys
May 2010 Completed

About This House

This property is a 60 SqM house with 2 bedrooms and 1 bathroom that is available for sale. It is part of the Palm View Residence project in Pong, Pattaya and was completed in May 2010. You can buy this house for a base price of ฿677,000 (฿11,283/SqM).

Palm View Residence. Here you get the perfect, cosy, slightly smaller accomodation that is perfect for living alone or as a couple    Newly renovated slightly smaller house 15 km east of Pattaya. 60 square meters divided into 2 bedrooms and 1 bathroom. In 2020, both the bathroom and kitchen were renovated. Extra roof insulation, ceiling fans and new inverter air con. New furniture in both living room and bedroom.   The house has a terrace, covered parking and a fence all around. The house also has a water purification system with activated carbon and UV.   The resort is well maintained and has a communal pool. There is also a land rent    - This house is available for foreigners. In Thailand foreigners can not buy land, so houses for foreigners are always placed on leased (rented) land.   The lease contract for this house is on 3 years, with automatic renewal 3 times (totally 9 years). After that a new 9-year period is started. The rent may be adjusted for inflation at the renewals. Rent is paid once per year.   This makes it possible to buy the house for less money (it is a cheaper house), but with a land rent.   (In Thailand it is also common with 30-year land lease contracts. For this type of contract, you pay the lease for the entire lease period upfront, when you sign the contract.  This usually cost as much as buying the land. Of this reason are houses with 30-year contracts much more expensive. 30-year lease is not avalable for this house.)

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Full Western KitchenFull Western Kitchen Renovated KitchenRenovated Kitchen (2020) Renovated BathroomRenovated Bathroom (2020) MicrowaveMicrowave OvenOven TVTV

Basic Information

Property Type House (Single Detached)
Storeys 1
Location Pattaya, Chon Buri
Bedrooms 2
Nearest Landmark Party Market -1.1 Km
Indoor Area 60 SqM
Price per SqM ฿11,283
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 100 SqM
House Ownership

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

Foreign 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.

Thai Ownership
Land Title Deed Chanote
Construction Completed (May 2010)
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) Park View, Garden View, Unblocked Open View
Unit Type N/A
Parking Spots N/A
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.
N/A
Listed By
Private Owner
Date Listed Oct 2, 2022
Last Updated 2 months ago
Unit ID U1139928

Investment Opportunity: Charges & Yield

Sale Price
฿677,000

Project Details

Project Name: Palm View Residence
Developer: N/A
Construction: Completed (May 2010)
Units: 10
Project Area: N/A
Nearest Landmark Party Market - 1.1 Km
Location: Pattaya, Chon Buri
Palm View Residence Project Details

Project Features

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

Available Units at Palm View Residence

Loan Calculator

Frequently Asked Questions

All kind of pets are allowed at Palm View Residence including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Party Market is the nearest Market from Palm View Residence and it is 1.1 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 View Residence 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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