Panalee 1

Name: Panalee 1
Address: Pattaya, Chon Buri
Telephone: +66 (0) 2 508 8780
Price range: ฿6,500,000 - ฿19,900,000

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Huai Yai, Pattaya, Chon Buri

Nov 2014 Completed

1 Building

160 Units

92,800 SqM Project Area

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For Sale 33 Units

฿6,500,000

▲ 8% overpriced

For Rent 1 Unit

฿120,000

Overview of Panalee 1 in Huai Yai, Pattaya

Panalee 1 is a house and villa project located in Huai Yai, Pattaya and was completed in Nov 2014. It has 160 units and was developed by T-balance Property.,Ltd, who is also behind Panalee Banna Village and Panalee Village.

About Panalee 1

Baan Panalee Banna, a single house in a villa-style and modernly which was inspired by nature. Architectural style infused with the aura of nature, serenity. At the same time, it has a hidden taste and elegance for the simple expression of beauty which is one of the leading design concepts. It emphasizes the importance of every detail within the project. So benefit fully and support the residents of all members of the family.

It is ready to give a new experience of living without getting bored, with the facilities inside the fully available project, and environmentally friendly. The highlighting is green areas. Residents can also enjoy a variety of activities such as a swimming pool, a fitness center, a Kid's Room, as well as a large lawn. That can modify the area to be everyone's activity courtyard on every important day of the family.

Project Information
Baan Panalee Banna is located at 118/14 Moo. 5, Ban Na Road, Huai Yai, Banglamung, Chonburi. It is a single house project. On an area of approximately 60 rai, under the development of T Balance Property Company. There are 160 residential units.

Room Types and Details
3 Bedrooms, 2 Bathroom, 2 Parking (190 sq.m)

Facilities
- Clubhouse
- Fitness
- Swimming pool
- Kid's Room
- The park
- Multipurpose room
- 24-hour security system and CCTV

Direction
Travel by private car; if starting from Ocean Marina Pattaya, take Sukhumvit Road (No.3), go straight for about 3.2 km, then turn right onto Chor Bor 1096 Road, go straight for 600 meters. Then enter Huay Yai Road, heading for 4.6 km. The turn left to Tessaban 1 Road, Soi 27, goes straight for 1.7 km. You will see the project located on the left.

Video of Panalee 1

Project Overview

Available Units at Panalee 1

For Sale 33 For Rent 1

All
3 Beds

Fully Furnished Mountain View

Fully Furnished Garden View

Unfurnished Garden View

Fully Furnished Garden View

Fully Furnished Pool View

Fully Furnished Pool View

Fully Furnished Pool View

฿9,984,000฿10,984,000

Get notified when new homes are being added to Panalee 1

View All (33)

Previous Sales (Secondary Market) at Panalee 1

Sale Price : ฿5,759,000

FazWaz Estimate : ฿5,550,000

Price Rating : Great Price

Sale Price : ฿12,140,999

FazWaz Estimate : ฿11,990,999

Price Rating : Great Price

Sale Price : ฿1299,999

FazWaz Estimate : ฿179,999

Price Rating : Overpriced

Sale Price : ฿159,999

FazWaz Estimate : ฿149,999

Price Rating : Fair Price

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Facilities and Floor Plans

Facilities

Leisure

Communal Pool

Clubhouse

Indoor Kids Zone

Outdoor Kids Zone

Fitness

Communal Gym

Convenience

Car Parking

Safety

24H Security

CCTV (Video Surveillance)

Parking & Lift

Ratio of Parking Spaces to # of Units : 200%

Parking Type : Conventional

Charging Stations on Site : No

Management

Payment Plan

Installment Milestone Payment

Reservation Deposit

Immediately

฿200,000

1st Installment

Upon contract signing

30%

2nd Installment

6 Months Installment

50%

3rd Installment

On handover

20%

Master Plan

About the Developer - T-balance Property.,Ltd

All T-balance Property.,Ltd Projects

3 Projects 360 Units

Frequently Asked Questions

All kind of pets are allowed at Panalee 1 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.

The common area maintenance fee at Panalee 1 is ฿20 per square meter based on the plot size of the property. This fee has to be paid every month 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.

Na Jomtien Beach is the nearest Beach from Panalee 1 and it is 6.7 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 1 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

฿200,000

1st Installment

Upon contract signing

30%

2nd Installment

6 Months Installment

50%

3rd Installment

On handover

20%

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

Reviews

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Huai Yai

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N/A

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