Unit ID: U1761770
Huai Yai, Pattaya, Chon Buri
$481,000
3 Bedrooms
4
Bathrooms
4,175 Sqft
Indoor Area
2
Storeys
12 Months
Made To Order

About This House

This property is a 4,175 Sqft house with 3 bedrooms and 4 bathrooms that is available for sale. It is part of the project in Huai Yai, Pattaya and will be built within 12 months of purchase. You can buy this house for a base price of $481,000 ($115/Sqft).

Features

JacuzziJacuzzi Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Full Western KitchenFull Western Kitchen OvenOven TVTV

Basic Information

Date Listed Mar 19, 2024
Updated 8 months ago
Property Type House (Single Detached)
Storeys 2
Location Huai Yai, Pattaya
Bedrooms 3
Nearest Landmark Tutu Beach -6.3 Km
Indoor Area 4,175 Sqft
Price per Sqft $115
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 2,928 Sqft
Pets All Kind of Pets Allowed
House Ownership

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

Thai Ownership, 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.

Thai Ownership, Company
Land Title Deed N/A
Construction Made To Order (12 Months)
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) 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.
$397/mo
Listed By
Private Owner
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1761770

Investment Opportunity: Charges & Yield

Sale Price
$481,000
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.
$397/mo

Project Details

Project Name: Madcha Nirvana
Construction: Made To Order (12 Months)
Units: 18
Project Area: 103,334 Sqft
Nearest Landmark Tutu Beach - 6.3 Km
Location: Huai Yai, Pattaya
Madcha Nirvana Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Sauna Sauna
Co-Working Space / Meeting Room Co-Working Space / Meeting Room

Popular Facilities at Madcha Nirvana

  • Communal Pool
    1st Floor

Available Units at Madcha Nirvana

For Sale 2 For Rent 1
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Frequently Asked Questions

All kind of pets are allowed at Madcha Nirvana including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is $1 per square meter based on the plot size of the property and is $397 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 Madcha Nirvana the required payment for the sinking fund is $9 per square meter based on the size of the plot size of the property.
Tutu Beach is the nearest Restaurant from Madcha Nirvana and it is 6.3 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 Madcha Nirvana you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer
Installment Milestone Payment
Reservation Deposit
Immediately
$5,830
1st Installment
Upon contract signing
30%
Down Payment
1000000 THB/ 3 Months
$87,500
2nd Installment
On handover
70%


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

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Huai Yai

Neighborhood Overview

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