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4 Bedroom Villa for sale at Madcha Nirvana
Huai Yai, Pattaya, Chon Buri
Unit ID:
U1839862
7% Rental Yield
Tenant-Occupied until May 30, 2025
About This Villa
This property is a 341.66 SqM villa with 4 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 villa for a base price of ฿16,500,000 (฿48,294/SqM) and it is also available for long term rentals starting from ฿95,000 per month.
Features
Private Pool
Jacuzzi
Private Garden
Terrace
Covered Parking
Balcony
Full Western Kitchen
Washing Machine
Microwave
Oven
TV
Basic Information
Date Listed
May 17, 2024
Updated
6 months ago
Property Type
Villa
(Single Detached)
Storeys
2
Location
Huai Yai, Pattaya
Bedrooms
4
Nearest Landmark
Tutu Beach
-6.3 Km
Indoor Area
341.66 SqM
Price per SqM
฿48,294
Outdoor Area
N/A
Plot Size
275.60 SqM
Pets
Not Allowed
Villa Ownership
Thai Ownership
Land Ownership
Thai Ownership
Land Title Deed
N/A
Construction
Made To Order (12 Months)
Furniture
Fully Furnished
View(s)
Pool View, Garden View
Unit Type
N/A
Parking Spots
2
Pool Size
N/A
CAM Fee
฿13,780/mo
Listed By
Private Owner
Electricity Price
Government Rate
Water Price
Government Rate
Unit ID
U1839862
Investment Opportunity: Charges & Yield
Sale Price
฿16,500,000
CAM Fee
฿13,780/mo
Rent
฿95,000/mo
Price-to-Rent Ratio
14
Rental Yield
7%
Project Details
Project Name:
Madcha Nirvana
Developer:
Madcha Land Development Co., Ltd
Construction:
Made To Order (12 Months)
Units:
18
Project Area:
9,600 SqM
Nearest Landmark
Tutu Beach
- 6.3 Km
Location:
Huai Yai, Pattaya
Madcha Nirvana Project Details
Project Features
Communal Pool
Communal Gym
24H Security
CCTV (Video Surveillance)
Sauna
Co-Working Space / Meeting Room
Available Units at Madcha Nirvana
For Sale 2
For Rent 1
4
4
341.66
275.60
Loan Calculator
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 ฿50 per square meter based on the plot size of the property and is ฿13,780 for this villa. 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 ฿300 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.
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
฿200,000
1st Installment
Upon contract signing
30%
Down Payment
1000000 THB/ 3 Months
฿3,000,000
2nd Installment
On handover
70%
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?
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.
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Pattaya
Huai Yai
Neighborhood Overview
-
Buy
฿1.02M - ฿249M -
For Sale on Thaiger Property
428 properties -
Rent
฿5.58K - ฿183K -
For Rent on Thaiger Property
103 properties -
To Ban Chak Ngaeo Antique Chinese Market
1.6 km / 3 minutes by driving -
To Utapao-Rayong-Pattaya International Airport
28.3 km / 28 minutes by driving
Location and Neighborhood
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