8 Bedroom Villa for sale at Green Residence Village

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Nong Prue, Pattaya, Chon Buri
Unit ID: U1140296
11% Rental Yield
฿27,000,000
8 Bedrooms
8 Bathrooms
500 SqM Indoor Area
3 Storeys
Jun 2009 Completed

About This Villa

This property is a 500 SqM villa with 8 bedrooms and 8 bathrooms that is available for sale. It is part of the Green Residence Village project in Nong Prue, Pattaya and was completed in Jun 2009. You can buy this villa for a base price of ฿27,000,000 (฿54,000/SqM) and it is also available for long term rentals starting from ฿250,000 per month.

Features

Wet BarWet Bar Private PoolPrivate Pool JacuzziJacuzzi Rooftop TerraceRooftop Terrace Private GardenPrivate Garden TerraceTerrace BalconyBalcony Wifi IncludedWifi Included Full Western KitchenFull Western Kitchen BathtubBathtub Washing MachineWashing Machine MicrowaveMicrowave OvenOven TVTV Cable TVCable TV Gardening IncludedGardening Included Pool Cleaning IncludedPool Cleaning Included

Basic Information

Property Type Villa (Semi Detached)
Storeys 3
Location Pattaya, Chon Buri
Bedrooms 8
Nearest Landmark Jomtien Beach Central -3.4 Km
Indoor Area 500 SqM
Price per SqM ฿54,000
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 232 SqM
Villa Ownership

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

Company
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.

Company
Land Title Deed N/A
Construction Completed (Jun 2009)
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 2
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.
฿3,480/mo
Listed By
Private Owner
Date Listed Aug 15, 2022
Last Updated 2 months ago
Unit ID U1140296

3D Walkthrough

Investment Opportunity: Charges & Yield

Sale Price
฿27,000,000
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.
฿3,480/mo
Rent
฿250,000/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.
9
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.
11%

Project Details

Project Name: Green Residence Village
Developer: N/A
Construction: Completed (Jun 2009)
Units: 20
Project Area: N/A
Nearest Landmark Jomtien Beach Central - 3.4 Km
Location: Pattaya, Chon Buri
Green Residence Village Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
Car Parking Car Parking

Available Units at Green Residence Village

For Sale 2 For Rent 1
Get notified when new homes are being added to Green Residence 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 ฿3,480 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 Green Residence Village and it is 3.4 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 Green Residence 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
Nong Prue

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Location and Neighborhood

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