Seven Seas 2 Studio

Description

•  Seven Seas 2 Côte d'Azur
• Building: B
• Unit Type: Studio / 1 bathroom
• Floor: 3rd floor
• Size: 24 square meters
• View: City view
• Ownership: Foreign ownership is explicitly stated as possible.
• Price: 1,399,000 Thai Baht (THB). The "SUPER HOT SALE" designation suggests a potentially significant discount.
• Transfer Fee: 50/50, meaning the buyer and seller will split the property transfer costs equally.
• Studio Unit: A studio apartment typically combines the living, sleeping, and kitchen areas into one main room. This can be a more affordable option and suitable for individuals or couples.
• Size (24 sqm): This is a relatively compact size. Consider if it meets your space requirements.
• Floor (3rd floor): Mid-level floors often offer a good balance between accessibility and view.
• Project Name (Seven Seas 2 Côte d'Azur): It might be beneficial to research the Seven Seas 2 Côte d'Azur development. Look for information about its location, amenities (e.g., swimming pools, fitness center, security), and overall reputation. Knowing the developer's track record can also be helpful.:

1. Due Diligence is Key: As emphasized before, thoroughly investigate the property and the developer.

   • Project Reputation: Search online for reviews or news related to Seven Seas 2 Côte d'Azur and its developer.
   • Legal Checks: Verify the title deed (Chanote) to ensure it's legitimate and free of encumbrances. A local lawyer can assist with this crucial step.
   • Physical Inspection: If possible, visit the property to assess its condition, the actual city view, the building's facilities, and the surrounding environment.

2. Understand All Costs: Beyond the listed price and the 50/50 transfer fee, be aware of potential additional expenses:

   • Stamp Duty: This is a government tax levied on property transfers.
   • Legal Fees: Costs for engaging a lawyer to assist with the purchase.
   • Registration Fees: Fees payable at the Land Department to register the transfer of ownership.
   • Maintenance Fees (Common Area Fees): Condominium owners typically pay monthly or annual fees for the upkeep of common areas and facilities. Inquire about the amount.
   • Sinking Fund: A one-time payment for future major repairs or renovations of the building.
   • Utilities: Understand the costs associated with electricity, water, and internet services.