3 Bedroom Villa for sale at Majestic Residence Pratumnak

(1 Review)
Nong Prue, Pattaya, Chon Buri
Unit ID: U1023336
3 Bedrooms
3 Bathrooms
290 SqM Indoor Area
2 Storeys
Oct 2016 Completed

About This Villa

This property is a 290 SqM villa with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Majestic Residence Pratumnak project in Nong Prue, Pattaya and was completed in Oct 2016. You can buy this villa for a base price of ฿23,000,000 (฿79,310/SqM).

Villa Nara Luxury Pool Villa

VILLA NARA ***** - Fully Renovated with style Pop Art Villa - Ultra-modern interior design - Set in a private residential estate - Private 24 sqm swimming pool with Jacuzzi seats - 2 Jacuzzi bathtubs in two ensuite-bathrooms - Decked terrace adjoining the Sala - Located in 5 Star residence with 24hrs security - Indoor and outdoor dining with Pool & Sala - TV and surround system in living room & bedrooms - Prime Location at Pratamnak Hill - Unique 1 min walk from the beach (Private access)

Features

Private PoolPrivate Pool JacuzziJacuzzi Rooftop TerraceRooftop Terrace Private GardenPrivate Garden TerraceTerrace Outdoor ShowersOutdoor Showers Full Western KitchenFull Western Kitchen BathtubBathtub Fully RenovatedFully Renovated (2017)

Basic Information

Date Listed Aug 23, 2021
Updated 1 month ago
Property Type Villa (Single Detached)
Storeys 2
Location Nong Prue, Pattaya
Bedrooms 3
Nearest Landmark Cozy Beach -0.4 Km
Indoor Area 290 SqM
Price per SqM ฿79,310
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
150 SqM
Plot Size 220 SqM
Pets All Kind of Pets Allowed
Villa Ownership

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

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.

Company
Land Title Deed Chanote
Construction Completed (Oct 2016)
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 N/A
Parking Spots 1
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.
฿2,320/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1023336

Price Analysis

Great Price
Estimated market value ฿27,294,724
Great
฿25,500,000
Good
Fair
Above
฿32,800,000
Current asking Price: ฿23,000,000
This villa is ฿4,294,724 BELOW MARKET (-16%) 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

Sale Price
฿23,000,000
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.
฿2,320/mo

Project Details

Developer: Majestic Residence
Construction: Completed (May 2005)
Units: 77
Project Area: 48,000 SqM
Nearest Landmark Cozy Beach - 0.4 Km
Location: Nong Prue, Pattaya
Majestic Residence Pratumnak Project Details

Project Features

Communal Pool Communal Pool
Bar Bar
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Direct Beach Access Direct Beach Access
Reception / Lobby Area Reception / Lobby Area

Popular Facilities at Majestic Residence Pratumnak

  • Clubhouse
    Ground Floor

Available Units at Majestic Residence Pratumnak

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Frequently Asked Questions

All kind of pets are allowed at Majestic Residence Pratumnak including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is ฿8 per square meter based on the size of indoor area of the property and is ฿2,320 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.
Cozy Beach is the nearest Beach from Majestic Residence Pratumnak and it is 0.4 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 Majestic Residence Pratumnak 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

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

4 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Spacious villa Suitable for the price
Saran Moir, Italy, 4 years ago
The villa is so lovely and relaxing, not far from downtown. It's clean and well-maintained. The breezy atmosphere is beyond expectation, with a direct walkway to the beach, so it's very convenient to go to the sea. I stayed here at my summertime. Our villa is gated, so it's private. My villa has 3 bedrooms with a swimming pool, parking and a garden which is beautifully decorated. You can go for a walk in the evening. The staff is so lovely and helpful. The location is not far from Pattaya city, and the routes are not complicated if you travel by yourself. So convenient!. To me, this is a lovely villa for vacation, peaceful with fewer people. I could fully enjoy my stay.
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Majestic Residence Pratumnak

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Year Built
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Project Name
Location
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Project Name
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Number of units
79
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฿1.94M - ฿18.8M
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฿24.9K
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Jul 2015
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Location
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฿3.89M - ฿4.19M
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Location
Nong Prue, Pattaya, Chon Buri
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฿1.74M
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฿2.24M - ฿18.1M
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฿2.98M - ฿4.72M
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฿24.9K - ฿34.9K
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Completion Status
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Nong Prue, Pattaya, Chon Buri
Number of units
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Nong Prue, Pattaya, Chon Buri
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Completion Status
Completed
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