Baan Balina 4

3.17 (1 Review)

Huai Yai, Pattaya, Chon Buri

Unit ID: U155943
8% Rental Yield
฿11,000,000 Great Price
Bedroom
4 Bedrooms
Bathroom
3 Bathrooms
Indoor Area
206 SqM Indoor Area
Stairs
1 Storeys
Construction
Dec 2014 Completed

4 Bedroom Villa for sale at Baan Balina 4

This property is a 206 SqM villa with 4 bedrooms and 3 bathrooms that is available for sale. It is part of the Baan Balina 4 project in Huai Yai, Pattaya and was completed in Dec 2014. You can buy this villa for a base price of ฿11,000,000 (฿53,398/SqM).

Features

Private PoolPrivate Pool Private GardenPrivate Garden Full Western KitchenFull Western Kitchen

Basic Information

Property Type Villa
Storeys 1
Location Huai Yai, Pattaya, Chon Buri
Bedrooms 4
Nearest Landmark Pattaya Floating Market -2.2 Km
Indoor Area 206 SqM
Price per SqM ฿53,398
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 590 SqM
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 (Dec 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) Pool View, Garden View
Unit Type N/A
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.
฿2,360/mo
Listed By
Private Owner
Date Listed Mar 22, 2019
Last Updated 1 year ago
Unit ID U155943

Price Analysis

Great Price
Estimated market value ฿16,342,911
Great
฿12,100,000
Good
Fair
Above
฿15,000,000
Current asking Price: ฿11,000,000 | Rental estimate: ฿74,600/mo
This villa is ฿5,342,911 BELOW MARKET (-33%) 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
฿11,000,000
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.
฿2,360/mo
Est. Rent
฿74,600/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.
12
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 4 bedroom villas at Baan Balina 4, and the current sales price.
8%

Project Details

Project Name: Baan Balina 4
Developer: N/A
Construction: Completed (Dec 2014)
Units: 67
Project Area: N/A
Nearest Landmark Pattaya Floating Market - 2.2 Km
Location: Huai Yai, Pattaya, Chon Buri
Baan Balina 4 Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)

Available Units at Baan Balina 4

For Sale 3 For Rent 3
Get notified when new homes are being added to Baan Balina 4

Loan Calculator

Frequently asked questions

The common area maintenance fee is ฿4 per square meter based on the plot size of the property and is ฿2,360 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.
Pattaya Floating Market is the nearest Market from Baan Balina 4 and it is 2.2 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 Baan Balina 4 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

3.2 out of 5 3.17
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Resort-style focusing on nature
3.2 Mariela Trogdon, Australia, 3 years ago
The villas here are resort-style, focusing on nature with a garden surrounded the house. There are areas for family activities and pets to run around. The pool is quite large, and the house is designed to be spacious with 3 bedrooms and 3 bathrooms equipped with full furniture. The kitchen is considered quite well. It is a spacious European kitchen. There is a kitchen counter, shelf, sink, and the hood kitchen with a dining table size for 5-6 people. It is a perfect fit for our family. Maintenance and repair can contact staff at any time. As for security, there are CCTV and 24 hours of security guards. The journey is convenient because we use a car and have enough parking lot. Anyway, the villa is far from malls and shopping areas. Overall, it's worth the investment. If anyone is looking for a resort-style villa in Pattaya, I recommend this place.

Pattaya

Huai Yai

Neighborhood Overview

Location and Neighborhood

Street View

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