Nice and well-maintained house in the charming area of Siam Home Group in Chakpong

Description

Nice and well-maintained house in the charming area of Siam Home Group in Chakpong

Single-storey villa with 150 m2 of living space divided into:

• 108 m2 inside with 3 bedrooms and 2 bathrooms
• 22 m2 covered terrace
• 20 m2 terrace (Skybar) on the upper floor

As a package, you buy, and take over, the house, the lease agreement for the plot, service agreement for maintenance and the share ownership in a Thai company. This Thai company owns the land within the area including all plots, common areas such as pool, garden and parking, and runs security, care and maintenance of the area. In this way, you ensure that you have control and influence over the future of your home.

ID: HL-SG25

The house as specified on the following pages: 4,250,000 THB

Part ownership through shares in land owning companies: 600,000 THB

(In future purchase contracts, the buyer will undertake to also purchase these shares in a separate contract).

Service fee and lease 2024: 11,666 THB/month

Year of construction: 2006

Naina Rayong Co., Ltd.

www.nainarayong.com

rayong.broker@gmail.com

nainarayong@gmail.com

Facebook group: Naina Rayong Co Ltd

+66 92 545 32 87

+66 82 594 15 29

For pictures see above, here are links to 6 different videos presenting this object:

• Livingroom and kitchen:                 https://youtu.be/sJE8z2k_mac

• Master Bedroom and bathroom 1:         https://youtu.be/wIgCtbnQ6eI

• Bedroom 2 and 3:                           https://youtu.be/1qtPLfUZTeY

• Bathroom 2:                                   https://youtu.be/vqHLEdZw9wA

• Outdoor terrace:                             https://youtu.be/4K7eU_Zp7mY

• Roof top terrace:                            https://youtu.be/nRt2VxooxiA

For more information please refer to the following information provided by the seller

To book a viewing, contact us by email or mobile as above

Description of the area:

Siam Home Group (formerly Thaihem 1) is a private residential area in Chakpong located between Ban Phe and Mae Phim with a 6 km long fantastic sandy beach a stone's throw away. What sets Siam Home Group apart from other areas is, among other things, the charm of a small car-free area of ​​12 houses. Here there is a shared pool, motorbikes and cars are parked next to the entrance, the houses have a high standard - both construction techniques and choice of materials, and that the housing concept includes a share ownership in the company that owns the land and manages the area, which allows for both influence of the future and community with neighbours.

When you enter the area, you notice the difference to other areas in the region. With 24/7 guards, there is round-the-clock monitoring and always help. There is a full-time gardener who takes care of the garden in an exemplary manner. And then there is Angie, local manager within Siam Home Group, who manages personnel, finance and the day-to-day. With excellent English, she also helps with everything possible as needed.

The economy is good and the company Siam Home Group operates in accordance with Thai law and guidelines. All the homeowners are Swedish and most have been neighbors since the area was built in 2006.

Description of the house:

The house is designed for 6 people and has the following facilities:

• An open living room with kitchen. The kitchen renovated in 2020 into a state-of-the-art kitchen.
• Master bedroom with adjoining bathroom. Bathroom renovated in 2019. Large wardrobe with sliding doors.
• 2 bedrooms with 2 single beds in each bedroom.
• Bathroom with washing machine.
• Terrace under roof with space for a dining area.
• Terrace on the upper floor with external stairs. Renovated in 2020, partly under roof.
• All rooms have air conditioning (AC). Ceiling fans are available in the kitchen/living room and on the terrace.
• The entire house is painted, inside and out, in 2022 and is very well maintained. • Materials are throughout marble on the floor, plastered white brick walls and teak as the type of wood in bedrooms such as beds and wardrobes.
• House construction consists of a concrete base plate on a croft foundation (ventilated crawl space), double exterior brick walls with air gap, steel roof construction, concrete tiles on the roof and teak on the exterior interior ceilings and eaves. This is a very robust construction that stands up to the elements.

Description of the company:

Siam Home Group Company Limited (SHG) is owned by a holding company Ettan Holding Group Company Limited (EHG). EHG, in turn, is currently owned by 21 shareholders, of which 11 Swedish homeowners are shareholders. Each house has voting rights and other rights regarding influence and decisions. The twelfth house has chosen not to be a co-owner of EHG.

According to Thai law, the company is majority owned by Thai citizens and the solution SHG has chosen is to have well-known Thai people in the company as co-owners, some of whom also live (cohabitants/wives) in the area.

Every home owner who owns shares in the company gets a seat on the main board to be able to make major decisions about e.g. investments and changes. For running costs, the board appoints 3 directors who are signatories with formal responsibility towards the Thai Companies Registry. Here there is a chance to be active if you so wish or you let another neighbor take care of it.

SHG has and is constantly building up a maintenance fund for both unexpected and planned expenses. Our pool has recently been completely renovated and during the next year, the reconstruction of passages and the purchase of a saltwater chlorinator are planned.

SHG has 5 employees, of which 3 guards with a rolling 24-hour schedule, 1 gardener and a part-time local manager who takes care of the practicalities and who is the homeowners' contact person for various questions and matters.

Description of the immediate area:

Siam Home Group is located in the district of Chakpong and belongs to the municipality of Klaeng, which in turn is located in the province of Rayong in southeastern Thailand. Rayong is classified as a province with stable weather (less rain and storms than other provinces by the sea). Rayong is known for its orchards, affordable seafood and the island of Koh Samet. In addition, Rayong has a good economic development as the province has several large government infrastructure and development projects, e.g. a high-speed railway from the airport to Rayong.

The majority of foreign house and apartment owners live in Ban Phe, Chakpong and Mae Phim, with the majority from Scandinavia. But there are also many Thais such as choose to celebrate long weekends in Mae Phim. This gives a good mix of people who are in the region, and that there is a wide range of e.g. restaurants for all tastes. The price of e.g. restaurant visits are relatively low compared to the classic tourist spots in Thailand, such as Phuket, Koh Samui and Hua Hin.

Chakpong is a perfect vacation and living paradise for Scandinavians where tranquility is present, but with the possibility of more adventure that is not too far away.

• The nearest towns are about 10 km away, where you can find both Ban Phe, a port town with boats to Koh Samet, and Laem Mae Phim, which is a gem with both nice beaches, entertainment, international restaurants and seafood restaurants "Thai-style".
• About 1 hour away is Pattaya, which offers shopping, restaurants, entertainment and about 25 high-class golf courses.
• To and from the airport you usually take a taxi, which takes about 2 hours. To Bangkok city it takes another 1 hour.

What is included in the house purchase

• Full ownership (as a foreigner) of the house with all correct registration certificates from the Land-office.
• Lease agreement with SHG for 30 years, for the plot where the house stands, with an option to extend for 30+30 years. All of this is registered with the Land-office and provides a strong leasing agreement regardless of the future of land-owning companies.
• Bedroom furniture such as beds with mattresses, bedside tables, wardrobes and wardrobe fittings. All handmade in teak.
• Wooden blinds in all windows and blinds in living room and kitchen. Outdoor curtains and shell curtains around the terrace as privacy protection are included.

What is included in the purchase of part ownership in EHG/SHG

• 4.0% share of EHG intended for foreigners, and which is registered in your name at the Thai Companies Registry.
• 4.3% share of EHG intended for Thai, and which is registered in his name. If you don't want or can't find a Thai for your house, SHG can help.
• Total 8.3% ownership of EHG and thus also SHG. This corresponds to a 1/11 part from a voting perspective within EHG/SHG. Exactly how many percentages of ownership you have is not decisive, but the concept is that you as a home owner own a share in order to be included as 1/11 of the influence and decisions in the company.

Costs of purchase

According to Thai law, different fees are added when changing home ownership and lessees. These costs are shared equally between buyer and seller, ie 50/50%. The costs are calculated at 6.3% of the sale price of the house or what the Land Office uses as the official transfer price.

Current Fees

Service fee and leasing fee as a joint sum: 35000 THB per quarter. The fee has been increased as of 1 January 2024, so this level is expected to be maintained for several years. The services provided by Siam Home Group, which are part of the service fee, are:

• Access to all facilities within the SHG area, including shared pool and pool area, corridors, garden, parking, etc.
• Help with various practical tasks if this is needed, e.g. pay utility bills, Internet connection, etc. There is a part-time local manager who speaks good English and helps with most things.
• 24 hour security with manned staff who make rounds at night. So, there is always a guard in the area. During the day, the guards have other duties to keep costs down for the company.
• Airing, flushing faucets and toilets, inspecting if something is a problem, cleaning outside the house, etc, at defined times, when not in Thailand. For example, airing takes place every two weeks and start the AC every month. This schedule can be tailored for each house.
• Pest control for the public areas within the SHG. Each homeowner then chooses whether they want pest control in their house. Cost is currently 7500 THB per year (2024).
• Dedicated gardener who takes care of the general areas of the garden, and also takes care of plants and flowers that you have planted yourself on your plot.
• Maintenance of cars and motorbikes when you are not in Thailand. If you want, the staff will start your engine every month, and make sure that any inspection and road insurance are paid on time.