Patta Prime

3.83 (1 Review)

Nong Pla Lai, Pattaya, Chon Buri

Unit ID: U12663
5% Rental Yield
฿13,000,000 Great Price
Bedroom
3 Bedrooms
Bathroom
4 Bathrooms
Indoor Area
200 SqM Indoor Area
Stairs
1 Storeys
Construction
Nov 2015 Completed

3 Bedroom Villa for sale at Patta Prime

This property is a 200 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 ฿13,000,000 (฿65,000/SqM).

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking

Basic Information

Property Type Villa
Storeys 1
Location Nong Pla Lai, Pattaya, Chon Buri
Bedrooms 3
Nearest Landmark Na Kluea Beach -5.3 Km
Indoor Area 200 SqM
Price per SqM ฿65,000
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 640.40 SqM
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
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 CROWN
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.
฿5,603/mo
Listed By
Developer
Date Listed Nov 3, 2016
Last Updated 1 month ago
Unit ID U12663

Price Analysis

Great Price
Estimated market value ฿15,121,383
Great
฿13,000,000
Good
Fair
Above
฿17,600,000
Current asking Price: ฿13,000,000 | Rental estimate: ฿50,600/mo
This villa is ฿2,121,383 BELOW MARKET (-14%) 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.
Powered by FazWaz AVM

Investment Opportunity: Charges & Yield

Sale Price
฿13,000,000
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.
฿5,603/mo
Est. Rent
฿50,600/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.
21
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 villas at Patta Prime, and the current sales price.
5%

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, Chon Buri
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

Available Units at Patta Prime

For Sale 8 For Rent 4
Get notified when new homes are being added to Patta Prime

Loan Calculator

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 ฿9 per square meter based on the plot size of the property and is ฿5,603 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 3.83
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.
3.8 Kritsada T., Thailand, 2 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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