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    3 Bedroom Villa for sale at Panalee Banna Village
    Huai Yai, Pattaya, Chon Buri
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    Sale Price
    $441,000
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    3 Bedroom Villa for sale at Panalee Banna Village
     (Write Review)
    Unit ID: U1912065
    7% Rental Yield
    Huai Yai, Pattaya, Chon Buri
    $441,000
    3 Bedrooms
    4
    Bathrooms
    3,229 Sqft
    Indoor Area
    1
    Storeys
    Completed
    22
    Sale Price
    $441,000

    About This Villa

    This property is a 3,229 Sqft villa with 3 bedrooms and 4 bathrooms that is available for sale. It is part of the project in Huai Yai, Pattaya. You can buy this villa for a base price of $441,000 ($137/Sqft).

    Features

    Private PoolPrivate Pool Private GardenPrivate Garden Garden AccessGarden Access TerraceTerrace Covered ParkingCovered Parking Outdoor ShowersOutdoor Showers Full Western KitchenFull Western Kitchen BathtubBathtub

    Basic Information

    Date Listed Aug 14, 2024
    Updated 4 months ago
    Property Type Villa
    Storeys 1
    Location Huai Yai, Pattaya
    Bedrooms 3
    Nearest Landmark Na Jomtien Beach -6.5 Km
    Indoor Area 3,229 Sqft
    Price per Sqft $137
    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 7,093 Sqft
    Pets All Kind of Pets Allowed
    Villa Ownership

    Foreign nationals can own the building (villa) 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 Chanote
    Construction Completed
    Furniture
    Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
    Partly 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.
    $388/mo
    Listed By
    Developer
    Electricity Price Government Rate
    Water Price Government Rate
    Unit ID U1912065

    Investment Opportunity: Charges & Yield

    Sale Price
    $441,000
    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.
    $388/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 based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 3 bedroom villas at Panalee Banna Village, and the current sales price.
    7%

    Project Details

    Project Name: Panalee Banna Village
    Developer: T-balance Property.,Ltd
    Construction: Completed (Jan 2014)
    Units: 160
    Project Area: 1,033,335 Sqft
    Nearest Landmark Na Jomtien Beach - 6.5 Km
    Location: Huai Yai, Pattaya
    Panalee Banna Village 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
    Outdoor Kids Zone Outdoor Kids Zone
    Communal Garden Area Communal Garden Area

    Available Units at Panalee Banna Village

    For Sale 3 For Rent 2
    • All
    • 3 Beds
    Get notified when new homes are being added to Panalee Banna Village
    View All (3)

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    Frequently Asked Questions

    All kind of pets are allowed at Panalee Banna Village including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    Na Jomtien Beach is the nearest Beach from Panalee Banna Village and it is 6.5 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 Panalee Banna 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

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    Pattaya
    Huai Yai

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