3 Bedroom Villa for sale at Nibbana Shade

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Nong Prue, Pattaya, Chon Buri
Unit ID: U1157516
8% Rental Yield
3 Bedrooms
3 Bathrooms
220 SqM Indoor Area
1 Storeys
Jun 2016 Completed

About This Villa

This property is a 220 SqM villa with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Nibbana Shade project in Nong Prue, Pattaya and was completed in Jun 2016. You can buy this villa for a base price of £168,000 (£762/SqM) and it is also available for long term rentals starting from £1,070 per month.

Villa for Sale

Modern Pool Villa. Construction finished mid 2021. Located at the end of Khao Thalo in a quiet village with Tennis court next to Tara Pattana International School. Fully Furnitured. European Kitchen. Quality appliances (Heafele and Samsung) Smart house controllable : 3 large Samsung smart TVs, Samsung smart washing machine, Alarm system, 3 Airconditions, 3 large Mitsubishi Ceiling FansSmart house : Alarm, Indoor, outdoor and pool lighting, TVs controllable via phone or voice

Features

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

Basic Information

Date Listed Oct 12, 2022
Updated 2 years ago
Property Type Villa (Single Detached)
Storeys 1
Location Nong Prue, Pattaya
Bedrooms 3
Nearest Landmark Jomtien Beach South -5.3 Km
Indoor Area 220 SqM
Price per SqM £762
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 385 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.

Thai Ownership
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
Land Title Deed Chanote
Construction Completed (Jun 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 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.
N/A
Listed By
Private Owner
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1157516

Investment Opportunity: Charges & Yield

Sale Price
£168,000
Rent
£1,070/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.
13
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
8%

Project Details

Project Name: Nibbana Shade
Developer: Nibbana Shade
Construction: Completed (Jun 2016)
Units: 63
Project Area: N/A
Nearest Landmark Jomtien Beach South - 5.3 Km
Location: Nong Prue, Pattaya
Nibbana Shade Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Communal Garden Area Communal Garden Area

Available Units at Nibbana Shade

For Sale 1 For Rent 1
Get notified when new homes are being added to Nibbana Shade
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Frequently Asked Questions

All kind of pets are allowed at Nibbana Shade including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Jomtien Beach South is the nearest Beach from Nibbana Shade 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 Nibbana Shade 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

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Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

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