Madcha Nirvana

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Huai Yai, Pattaya, Chon Buri
For Sale 1 Unit
฿12,490,000
12 Months Made To Order
1 Building
18 Units
9,600 SqM Project Area

Overview of Madcha Nirvana in Huai Yai, Pattaya

Madcha Nirvana is a house and villa project located in Huai Yai, Pattaya It has 18 units and was developed by Madcha Land Development Co., Ltd, who is also behind The Near Residence, The Feelture Condominium and La Santir.

Features & Amenities

  • Communal Pool at Madcha Nirvana
    Communal Pool
    1st Floor

Available Units at Madcha Nirvana

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
Sauna
Co-Working Space / Meeting Room
Fitness
Communal Gym
Safety
24H Security
CCTV (Video Surveillance)

Parking & Lift

Ratio of Parking Spaces to # of Units : 200%
Charging Stations on Site : No

Management

Common Area Management 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.
฿50/SqM
Sinking Fund :
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 indoor area of the property.
฿300/SqM

Payment Plan

Untitle
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
30%
Down Payment
10 Months
40%
2nd Installment
On handover
30%

Master Plan

About the Developer - Madcha Land Development Co., Ltd

All Madcha Land Development Co., Ltd Projects
9 Projects 1,488 Units

Porchland Group - Thai development company developing suburban villages as well as condominiums in Pattaya, Chonburi, Si Racha, Bang Saray and Phuket.

At the present moment, following company completed construction of three condominium projects, 4 more are in different stages of construction.

Due to the proper use of internal resources, careful approach to the selection of the project location and quality of construction, Porchland Group can offer accommodation with excellent value for money.

Frequently Asked Questions

Frequently asked questions about Madcha Nirvana
All kind of pets are allowed at Madcha Nirvana including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee at Madcha Nirvana is ฿50 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.
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.

 

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.

#1 - 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. 

#2 - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)

#3 - Is there a succession clause in the lease agreement that will allow inheritance of the lease?

 

Read more here

After you have found the right property at Madcha Nirvana you have to follow these steps:

 

  • Unit selection and agreement of terms and conditions 

  • Reservation Agreement

  • Reservation Deposit 

  • Sales and Purchase Agreement

  • 1st Contract Payment 

  • Payment Installments

  • Snag List

  • Transfer

 


Untitle
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
30%
Down Payment
10 Months
40%
2nd Installment
On handover
30%

Read more here

 

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Pattaya
Huai Yai
Neighborhood Overview of Huai Yai, Pattaya

Neighborhood Overview

Location and Neighborhood

Street View


Surrounding area

Madcha Nirvana is conveniently located just 890 m from Cheap, good, standard, Thanthontra, which can be reached within 11 mins. by foot.

There are many other shops situated in the area of Madcha Nirvana , the 3 closest being:
- Cowshed Ajak(-J brahman ranch) is 1.5 km away (an approx. drive of 3 mins.)
- Anawin Rice Huay Yai is 3.0 km away (an approx. drive of 4 mins.)
- Ban Chak Ngaew Chinese Community l Pattaya is 2.0 km away (an approx. drive of 4 mins.)

The surrounding area, where Madcha Nirvana is situated, offers a wide variety of restaurants. See the closest of them below:
- Satisfied Bigbowl Noodles is 340 m away (a walk of about 4 mins.)
- rustic is 520 m away (a walk of about 6 mins.)
- Antonio & Bo Restaurant Pizzeria is 720 m away (a walk of about 9 mins.)

Ban Chak Ngaeo Health Center is the nearest health facility, which is 2.1 km away (you can drive there in 4 mins.) from the project, while the closest schools in the proximity of Madcha Nirvana are:
- Ban Nok School is 440 m away (about 5 mins. by foot)
- Samak Thon Subdistrict Municipality Child Development Center in Wat Somburaram School is 1.6 km away (an approx. drive of 3 mins.)
- School is 1.8 km away (an approx. drive of 4 mins.)

U-Tapao–Rayong–Pattaya International Airport is located 28.7 km from Madcha Nirvana and it takes about 30 mins. by car or taxi (depending on the traffic) to get there.

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