3 Bedroom Villa for sale at Siam Royal View

(1 Review)
Nong Prue, Pattaya, Chon Buri
Unit ID: U26246
6% Rental Yield
3 Bedrooms
4 Bathrooms
246 SqM Indoor Area
1 Storeys
Jul 2018 Completed

About This Villa

This property is a 246 SqM villa with 3 bedrooms and 4 bathrooms that is available for sale. It is part of the Siam Royal View project in Nong Prue, Pattaya and was completed in Jul 2018. You can buy this villa for a base price of ฿13,000,000 (฿52,846/SqM) and it is also available for long term rentals starting from ฿70,000 per month.

Last update: 02-04-2019

Shorter term leases are available at competitive prices. Rentals include all community fees, three times weekly pool service, twice monthly gardening, monthly pest control spraying, Fiber optic cable as described above, TMN cable and Netflix (four devices max).

Features

Private PoolPrivate Pool Rooftop TerraceRooftop Terrace Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking

Basic Information

Date Listed May 12, 2017
Updated 3 years ago
Property Type Villa
Storeys 1
Location Nong Prue, Pattaya
Bedrooms 3
Nearest Landmark Jomtien Beach Central -4.8 Km
Indoor Area 246 SqM
Price per SqM ฿52,846
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 550 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 (Jul 2018)
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 1
Pool Size 5x10.15
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.
฿8,250/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U26246

Investment Opportunity: Charges & Yield

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.
฿8,250/mo
Rent
฿70,000/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.
15
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.
6%

Project Details

Project Name: Siam Royal View
Construction: Completed (Jul 2018)
Units: 150
Project Area: N/A
Nearest Landmark Jomtien Beach Central - 4.8 Km
Location: Nong Prue, Pattaya
Siam Royal View Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
Bar Bar
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Close
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Frequently Asked Questions

All kind of pets are allowed at Siam Royal View including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is ฿15 per square meter based on the plot size of the property and is ฿8,250 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.
Jomtien Beach Central is the nearest Beach from Siam Royal View and it is 4.8 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 Siam Royal View 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
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FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Reviews

4.3 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Big house with large swimming pool
Kimberlie Goo, China, 4 years ago
Such a superb experience to stay in a luxurious 5-bedroom villa with a full range of facilities. Inside, the decoration is stunning, modern, and elegant with top-brand furniture, marble, and woods. The bedrooms have ensuite bathrooms. The villa is very spacious with a kitchen and equipment. The garden is wide with a resting area. The swimming pool is really big. I'm also happy, and make me feel like home. It's not far from Sukhumvit Road and Chonburi-Pattaya motorway. Just 10 minutes drive, you can find facilities such as Tesco, Macro, and Pattaya Outlet.
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

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