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    4 Bedroom House for sale at Casa Legend Sriracha
    Surasak, Pattaya, Chon Buri
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    Sale Price
    ฿8,200,000 ฿8,500,000
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    4 Bedroom House for sale at Casa Legend Sriracha
    (1 Review)
    Unit ID: U161078
    7% Rental Yield
    Surasak, Pattaya, Chon Buri
    ฿8,200,000 ฿8,500,000
    4 Bedrooms
    5
    Bathrooms
    274 SqM
    Indoor Area
    2
    Storeys
    Dec 2011
    Completed
    16
    Sale Price
    ฿8,200,000
    ฿8,500,000

    About This House

    This property is a 274 SqM house with 4 bedrooms and 5 bathrooms that is available for sale. It is part of the project in Surasak, Pattaya and was completed in Dec 2011. You can buy this house for a base price of ฿8,200,000 (฿29,927/SqM) and it is also available for long term rentals starting from ฿50,000 per month.

    Features

    Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking

    Basic Information

    Date Listed Oct 9, 2019
    Updated 2 weeks ago
    Property Type House
    Storeys 2
    Location Surasak, Pattaya
    Bedrooms 4
    Nearest Landmark Koh Loy Ko Sichang Ferry Port -9.1 Km
    Indoor Area 274 SqM
    Price per SqM ฿29,927
    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 274.40 SqM
    Pets Not Allowed
    House Ownership

    Foreign nationals can own the building (house) 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 Chanote
    Construction Completed (Dec 2011)
    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, Blocked 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.
    ฿6,850/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U161078

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿8,200,000
    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.
    ฿6,850/mo
    Rent
    ฿50,000/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.
    14
    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.
    7%

    Project Details

    Project Name: Casa Legend Sriracha
    Developer: N/A
    Construction: Completed (Dec 2011)
    Units: 87
    Project Area: N/A
    Nearest Landmark Koh Loy Ko Sichang Ferry Port - 9.1 Km
    Location: Surasak, Pattaya
    Casa Legend Sriracha Project Details

    Project Features

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

    Available Units at Casa Legend Sriracha

    For Sale 2 For Rent 2
    • All
    • 3 Beds
    • 4 Beds
    Get notified when new homes are being added to Casa Legend Sriracha
    View All (2)

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    Frequently Asked Questions

    The common area maintenance fee is ฿25 per square meter based on the size of indoor area of the property and is ฿6,850 for this house. 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.
    For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At Casa Legend Sriracha the required payment for the sinking fund is ฿400 per square meter based on the size of the indoor area of the property.
    Koh Loy Ko Sichang Ferry Port is the nearest Pier from Casa Legend Sriracha and it is 9.1 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 Casa Legend Sriracha 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

    Reviews

    4 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    A detached house project with a good environment
    Pimwarang A., Thailand, 6 years ago
    It's an interesting project in the Surasak area that is filled with numerous facilities, such as clubhouse, swimming pool, fitness, and many more. I bought a 4-bedroom house here, which is quite spacious, with practical space. Plus, the interior design is beautiful, modern, and luxurious. The first time I visited the project, I could sense a pleasant atmosphere refreshingly since many small and large trees lined all over the project. What's more, it is very secure, which I am very impressed with. Moreover, the project is located close to my office, it is very convenient and saves time commuting to work. I made the right decision buying a detached house here because it is very pleasing and matches my lifestyle very much.
    Pattaya
    Surasak

    Neighborhood Overview

    Location and Neighborhood

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