3 Bedroom House for sale at Madcha Nirvana

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Huai Yai, Pattaya, Chon Buri
Unit ID: U1136126
฿12,490,000
3 Bedrooms
4 Bathrooms
341.66 SqM Indoor Area
2 Storeys
12 Months Made To Order

About This House

This property is a 341.66 SqM house with 3 bedrooms and 4 bathrooms that is available for sale. It is part of the Madcha Nirvana project in Huai Yai, Pattaya and will be built within 12 months of purchase. You can buy this house for a base price of ฿12,490,000 (฿36,557/SqM).

Features

Private PoolPrivate Pool JacuzziJacuzzi Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Full Western KitchenFull Western Kitchen Washing MachineWashing Machine OvenOven TVTV

Basic Information

Property Type House (Single Detached)
Storeys 2
Location Pattaya, Chon Buri
Bedrooms 3
Nearest Landmark Tutu Beach -6.3 Km
Indoor Area 341.66 SqM
Price per SqM ฿36,557
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 280 SqM
House Ownership

Foreign nationals can own the building (house) 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 Made To Order (12 Months)
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) Pool View, Garden View
Unit Type 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.
฿14,000/mo
Listed By
Developer
Date Listed Aug 4, 2022
Last Updated 2 weeks ago
Unit ID U1136126

3D Walkthrough

Investment Opportunity: Charges & Yield

Sale Price
฿12,490,000
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.
฿14,000/mo

Project Details

Project Name: Madcha Nirvana
Construction: Made To Order (12 Months)
Units: 18
Project Area: 9,600 SqM
Nearest Landmark Tutu Beach - 6.3 Km
Location: Pattaya, Chon Buri
Madcha Nirvana Project Details

Project Features

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

Popular Facilities at Madcha Nirvana

  • Communal Pool
    1st Floor

Available Units at Madcha Nirvana

Loan Calculator

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%

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 ฿14,000 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.
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

 

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

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