3 Bedroom Villa for sale at Panalee Banna Village

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Huai Yai, Pattaya, Chon Buri
Unit ID: U1912065
7% Rental Yield
3 Bedrooms
4 Bathrooms
300 SqM Indoor Area
1 Storeys
Completed

About This Villa

This property is a 300 SqM 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 £348,000 (£1,160/SqM).

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 300 SqM
Price per SqM £1,160
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 659 SqM
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.
£306/mo
Listed By
Developer
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1912065

Investment Opportunity: Charges & Yield

Sale Price
£348,000
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.
£306/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
Construction: Completed (Jan 2014)
Units: 160
Project Area: 96,000 SqM
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
Get notified when new homes are being added to Panalee Banna Village
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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

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Panalee Banna Village

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Huai Yai, Pattaya, Chon Buri
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Huai Yai, Pattaya, Chon Buri
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Completion Status
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