3 Bedroom House for sale at Panalee 1

 (Write Review)
Huai Yai, Pattaya, Chon Buri
Unit ID: U155629
15% Rental Yield
3 Bedrooms
2 Bathrooms
190 SqM Indoor Area
1 Storeys
Nov 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 Panalee 1 project in Huai Yai, Pattaya and was completed in Nov 2014. You can buy this house for a base price of ฿6,945,340 (฿36,554/SqM).

Basic Information

Date Listed Mar 19, 2019
Updated 3 years ago
Property Type House
Storeys 1
Location Huai Yai, Pattaya
Bedrooms 3
Nearest Landmark Na Jomtien Beach -6.7 Km
Indoor Area 190 SqM
Price per SqM ฿36,554
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 340 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, 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
Land Title Deed N/A
Construction Completed (Nov 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) N/A
Unit Type 3BR
Parking Spots N/A
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.
฿6,800/mo
Listed By
Developer
Electricity Price Government Rate
Water Price Government Rate
Unit ID U155629

Investment Opportunity: Charges & Yield

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.
฿6,800/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.
7
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 houses at Panalee 1, and the current sales price.
15%

Project Details

Project Name: Panalee 1
Construction: Completed (Nov 2014)
Units: 160
Project Area: 92,800 SqM
Nearest Landmark Na Jomtien Beach - 6.7 Km
Location: Huai Yai, Pattaya
Panalee 1 Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Outdoor Kids Zone Outdoor Kids Zone
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Available Units at Panalee 1

For Sale 14 For Rent 1
Updated 2 weeks ago
Available Units at Panalee 1
฿6,600,000
฿31,429/SqM
Beds 3 Beds
Baths 2 Baths
Size 210 SqM Size
Plot Size 532 SqM Plot Size
Unfurnished Garden View
Updated 2 weeks ago
Available Units at Panalee 1
฿6,000,000
฿20,000/SqM
Beds 3 Beds
Baths 2 Baths
Size 300 SqM Size
Plot Size - Plot Size
Fully Furnished Garden View
Updated 1 month ago
Available Units at Panalee 1
฿6,500,000
฿39,394/SqM
Beds 3 Beds
Baths 2 Baths
Size 165 SqM Size
Plot Size 452 SqM Plot Size
Fully Furnished Garden View
Available Units at Panalee 1
฿10,180,000
฿53,579/SqM
Beds 3 Beds
Baths 3 Baths
Size 190 SqM Size
Plot Size 368 SqM Plot Size
Pool View
Available Units at Panalee 1
฿6,900,000
฿40,588/SqM
Beds 3 Beds
Baths 2 Baths
Size 170 SqM Size
Plot Size 480 SqM Plot Size
Fully Furnished Pool View
Available Units at Panalee 1
฿10,200,000
฿51,000/SqM
Beds 3 Beds
Baths 4 Baths
Size 200 SqM Size
Plot Size 370 SqM Plot Size
Pool View
Available Units at Panalee 1
฿15,000,000
฿77,720/SqM
Beds 3 Beds
Baths 3 Baths
Size 193 SqM Size
Plot Size 246 SqM Plot Size
Fully Furnished Pool View
Updated 2 months ago
Available Units at Panalee 1
฿19,900,000
฿117,059/SqM
Beds 3 Beds
Baths 2 Baths
Size 170 SqM Size
Plot Size 680 SqM Plot Size
Fully Furnished Pool View
Available Units at Panalee 1
฿10,288,000
฿51,440/SqM
Beds 3 Beds
Baths 4 Baths
Size 200 SqM Size
Plot Size 478.80 SqM Plot Size
Garden View
Available Units at Panalee 1
฿14,000,000
฿73,684/SqM
Beds 3 Beds
Baths 2 Baths
Size 190 SqM Size
Plot Size 627 SqM Plot Size
Available Units at Panalee 1
฿10,360,000
฿51,800/SqM
Beds 3 Beds
Baths 4 Baths
Size 200 SqM Size
Plot Size 386 SqM Plot Size
Pool View
Available Units at Panalee 1
฿10,984,000
฿54,920/SqM
Beds 3 Beds
Baths 4 Baths
Size 200 SqM Size
Plot Size 398.40 SqM Plot Size
Pool View
Available Units at Panalee 1
฿11,720,000
฿58,600/SqM
Beds 3 Beds
Baths 4 Baths
Size 200 SqM Size
Plot Size 472 SqM Plot Size
Pool View
Available Units at Panalee 1
฿15,000,000
฿78,947/SqM
Beds 3 Beds
Baths 3 Baths
Size 190 SqM Size
Plot Size 758.72 SqM Plot Size
Pool View
Get notified when new homes are being added to Panalee 1
View All (14)

Loan Calculator

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%

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 is ฿20 per square meter based on the plot size of the property and is ฿6,800 for this house. 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.
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

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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Pattaya
Huai Yai

Neighborhood Overview

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