3 Bedroom Villa for sale at Dhewee Park Village

 (Write Review)
Bang Sare, Pattaya, Chon Buri
Unit ID: U73402
8% Rental Yield
3 Bedrooms
2 Bathrooms
220 SqM Indoor Area
1 Storeys
Feb 2009 Completed

About This Villa

This property is a 220 SqM villa with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the Dhewee Park Village project in Bang Sare, Pattaya and was completed in Feb 2009. You can buy this villa for a base price of ฿6,400,000 (฿29,091/SqM).

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace PondPond Covered ParkingCovered Parking Corner UnitCorner Unit Outdoor SalaOutdoor Sala Full Western KitchenFull Western Kitchen Washing MachineWashing Machine OvenOven

Basic Information

Date Listed Aug 24, 2022
Updated 3 weeks ago
Property Type Villa (Single Detached)
Storeys 1
Location Bang Sare, Pattaya
Bedrooms 3
Nearest Landmark Bang Saray Beach -1.9 Km
Indoor Area 220 SqM
Price per SqM ฿29,091
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 536 SqM
Pets Not Allowed
Villa Ownership

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

Thai 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 N/A
Construction Completed (Feb 2009)
Furniture
Unfurnished
View(s) Pool View
Unit Type N/A
Parking Spots 2
Pool Size 5m x 1.3m x 3m
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.
฿8,040/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U73402

Price Analysis

Good Price
Estimated market value ฿6,466,817
Great
฿4,050,000
Good
Fair
Above
฿7,840,000
Current asking Price: ฿6,400,000 | Rental estimate: ฿44,500/mo
This villa is ฿66,817 BELOW MARKET (-1%) in the Pattaya area. It is analyzed against similar villas and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
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Investment Opportunity: Charges & Yield

Sale Price
฿6,400,000
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.
฿8,040/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.
12
Rental Yield
This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 3 bedroom villas at Dhewee Park Village, and the current sales price.
8%

Project Details

Project Name: Dhewee Park Village
Developer: N/A
Construction: Completed (Feb 2009)
Units: 61
Project Area: N/A
Nearest Landmark Bang Saray Beach - 1.9 Km
Location: Bang Sare, Pattaya
Dhewee Park Village Project Details

Project Features

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

Available Units at Dhewee Park Village

For Sale 2 For Rent 1
Get notified when new homes are being added to Dhewee Park Village
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Frequently Asked Questions

The common area maintenance fee is ฿15 per square meter based on the plot size of the property and is ฿8,040 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.
Bang Saray Beach is the nearest Beach from Dhewee Park Village and it is 1.9 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 Dhewee Park Village 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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Pattaya
Bang Sare

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Dhewee Park Village

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Bang Sare, Sattahip, Chon Buri
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Completion Status
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