Unit ID: U1922792
6% Rental Yield
Tenant-Occupied until Sep 6, 2025
Huai Yai, Pattaya, Chon Buri
฿6,900,000
3 Bedrooms
2
Bathrooms
190 SqM
Indoor Area
3
Storeys
Jan 2014
Completed

About This House

This property is a 190 SqM house with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Huai Yai, Pattaya and was completed in Jan 2014. You can buy this house for a base price of ฿6,900,000 (฿36,316/SqM) and it is also available for long term rentals starting from ฿35,000 per month.

Baan Panalee

Land area. 108 TW. House area approx 190 Sq meters. 3 large double bedrooms 2 ensuit bathrooms. Open plan dining room, lounge,kitchen Fully equipped utility room. Large covered outside area at rear fully tiled with cooking,dining table and chairs for 8 persons and sofa,coffee table and chairs. Gardens . Block built storage shed. Underground 1600 Lt water tank. 150 Lt. Hot water tank. All rooms have hot and cold water. European kitchen complete with built in oven, hob, microwave and dishwasher. 2 very large built in fridge freezers. All bedrooms are fully fitted. Every room have large flat screen or curved tv"s. Utility room complete with Electrolux washer and separate heavy duty dryer. All furnishing are top quality as in new condition.

Features

Beach AccessBeach Access Pool AccessPool Access MicrowaveMicrowave OvenOven TVTV

Basic Information

Date Listed Sep 2, 2024
Updated 2 weeks ago
Property Type House
Storeys 3
Location Huai Yai, Pattaya
Bedrooms 3
Nearest Landmark Na Jomtien Beach -6.5 Km
Indoor Area 190 SqM
Price per SqM ฿36,316
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
190 SqM
Plot Size 432 SqM
Pets Not Allowed
House Ownership

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

Thai Ownership
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
Land Title Deed Chanote
Construction Completed (Jan 2014)
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) Unblocked Open 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.
฿20/mo
Listed By
Private Owner
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1922792

Investment Opportunity: Charges & Yield

Sale Price
฿6,900,000
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.
฿20/mo
Rent
฿35,000/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.
16
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
6%

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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Neighborhood Overview

Location and Neighborhood

Street View

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