3 Bedroom Villa for sale at Paragon Villas

Dogs, cats and small pets like rabbits, hamsters and guinea pigs are allowed at Paragon Villas.

The common area maintenance fee for properties at Paragon Villas is a fixed amount of ฿3,500. 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.

Bophut Beach is the nearest Beach from Paragon Villas and it is 0.7 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.

 

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After you have found the right property at Paragon Villas you have to follow these steps:

• - Agreement of terms and conditions
• - Reservation Agreement
• - Reservation Deposit
• - Sales and Purchase Agreement
• - Settlement & Transfer

Payment Term Process

Installment Milestone Payment

Reservation Deposit

Immediately

200,000%

1st Installment

Upon contract signing

20%

2nd Installment

Lower Plan structure completion

20%

3rd Installment

Upper Plan structure completion

10%

4th Installment

Roof tile and Lower floor sand cement render completion

10%

5th Installment

Sand cement render Upper floor plan and Pool Structure Completion

10%

6th Installment

Install Doors and Windows and painting

10%

7th Installment

Fix and loose furniture completion

10%

8th Installment

On handover

10%

Payment term process (2)

Installment Milestone Payment

Reservation Deposit

Immediately

฿200,000

1st Installment

Upon contract signing

40%

2nd Installment

Sign contract Agreement

10%

3rd Installment

Ground Floor Structure Completion

10%

4th Installment

Upper floor and Pool Structure Completion

10%

5th Installment

Colum, Roof beam, Roof structure, Roof Tile Completion

10%

6th Installment

Construction of the wall, Electrical and Sanitation Systems Completion

10%

7th Installment

Wall Plastering, Ceiling Work, Tiling Work & Installation of Aluminum Door and Windows Completion

5%

8th Installment

On handover

5%

 

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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?

 

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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.

 

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