3 Bedroom Villa for sale at Patta Prime

(1 Review)
Nong Pla Lai, Pattaya, Chon Buri
Unit ID: U12679
3 Bedrooms
4 Bathrooms
156 SqM Indoor Area
2 Storeys
Nov 2015 Completed

About This Villa

This property is a 156 SqM villa with 3 bedrooms and 4 bathrooms that is available for sale. It is part of the Patta Prime project in Nong Pla Lai, Pattaya and was completed in Nov 2015. You can buy this villa for a base price of ฿6,681,000 (฿42,827/SqM).

Features

Private GardenPrivate Garden TerraceTerrace BalconyBalcony

Basic Information

Date Listed Nov 3, 2016
Updated 3 years ago
Property Type Villa
Storeys 2
Location Nong Pla Lai, Pattaya
Bedrooms 3
Nearest Landmark Na Kluea Beach -5.3 Km
Indoor Area 156 SqM
Price per SqM ฿42,827
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 274.80 SqM
Pets Not Allowed
Villa Ownership

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

Foreign Ownership, 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, Company
Land Title Deed N/A
Construction Completed (Nov 2015)
Furniture
Specific items of furniture can be requested in the sale, or buyers can offer to purchase some or all of it. When negotiating a deal, either party can suggest that such items be included in the sale price.
Negotiable
View(s) Pool View, Garden View
Unit Type CORONET
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.
฿2,404/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U12679

Price Analysis

Great Price
Estimated market value ฿8,879,117
Great
฿8,190,000
Good
Fair
Above
฿9,070,000
Current asking Price: ฿6,681,000 | Rental estimate: ฿42,600/mo
This villa is ฿2,198,117 BELOW MARKET (-25%) in the Pattaya area. It is analyzed against similar villas and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
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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.
฿2,404/mo

Project Details

Project Name: Patta Prime
Construction: Completed (Nov 2015)
Units: 223
Project Area: 108,800 SqM
Nearest Landmark Na Kluea Beach - 5.3 Km
Location: Nong Pla Lai, Pattaya
Patta Prime 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
Tennis Court Tennis Court

Popular Facilities at Patta Prime

  • Communal Pool
    1st Floor
  • Communal Gym
    1st Floor
  • Tennis Court
    1st Floor
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Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
Deposit
Upon contract signing
฿300,000
1st Installment
On handover
100%

Frequently Asked Questions

All kind of pets are allowed at Patta Prime including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is ฿35 per square meter based on the plot size of the property and is ฿2,404 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.
Na Kluea Beach is the nearest Beach from Patta Prime and it is 5.3 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

After you have found the right property at Patta Prime 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
฿50,000
Deposit
Upon contract signing
฿300,000
1st Installment
On handover
100%


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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Reviews

3.8 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Very good location, close to many important places.
Kritsada T., Thailand, 5 years ago
I bought a house at Patta Prime for a while. There is everything that I want and close to my office, which is comfortable to travel. My house is single-detached and includes 3 bedrooms and 4 bathrooms, perfectly designed and separated into zones. I like the design and decoration of the house. It makes me feel very comfortable and good for living. The facilities in the house are also excellent, conducive to a good life. The project also provides a full range of facilities, including a fitness center, saltwater pool, and the park. The project has been arranged perfectly. Patta Prime is considered a good project, a beautiful location, convenient transportation, and close to the tourist attractions of Pattaya city. Very suits the needs of the new generation.
Pattaya
Nong Pla Lai

Neighborhood Overview

Location and Neighborhood

Street View

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