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    2 Bedroom Condo for sale at Park Royal 3
    Nong Prue, Pattaya, Chon Buri
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    Sale Price
    $144,000
    Schedule Viewing

    2 Bedroom Condo for sale at Park Royal 3
    (1 Review)
    Unit ID: U1640320
    5% Rental Yield
    Nong Prue, Pattaya, Chon Buri
    $144,000
    2 Bedrooms
    2
    Bathrooms
    818 Sqft
    Size
    3
    Floor
    Mar 2012
    Completed
    9
    Sale Price
    $144,000

    About This Condo

    This property is a 818 Sqft condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Nong Prue, Pattaya and was completed in Mar 2012. You can buy this condo for a base price of $144,000 ($176/Sqft).

    Features

    BalconyBalcony MicrowaveMicrowave TVTV Cable TVCable TV

    Basic Information

    Date Listed Jul 20, 2023
    Updated 6 months ago
    Property Type Condo
    Floor 3
    Bedrooms 2
    Size 818 Sqft
    Price per Sqft $176
    Pets Not Allowed
    Condo Ownership

    Foreign nationals can own condominium units as freehold owners in buildings where no more than 49% of the unit floor space is owned by foreigners. Units that are part of the Thai quota or are being leased for 30 years can be converted to the foreign freehold quota if it is currently below 49%.

    Company
    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
    Unit Type N/A
    Building Building B
    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.
    $88/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1640320

    Investment Opportunity: Charges & Yield

    Sale Price
    $144,000
    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.
    $88/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 2 bedroom condos at Park Royal 3, and the current sales price.
    5%

    Project Details

    Project Name: Park Royal 3
    Developer: Vistas Development Co., Ltd
    Construction: Completed (Mar 2012)
    Floors: 8
    Buildings: 2
    Units: 140
    Project Area: N/A
    Nearest Landmark Pratumnak Beach - 0.1 Km
    Location: Nong Prue, Pattaya
    Park Royal 3 Project Details

    Project Features

    Communal Pool Communal Pool
    Jacuzzi Jacuzzi
    Communal Gym Communal Gym
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Reception / Lobby Area Reception / Lobby Area
    Communal Garden Area Communal Garden Area
    Back Up Generators Back Up Generators
    Key card access Key card access

    Popular Facilities at Park Royal 3

    • All
    • Fitness
    • Leisure
    • Convenience
    3
    • Reception / Lobby Area
      Ground Floor
    • Communal Pool
      Ground Floor
    • Communal Gym
      Rooftop
    • Communal Garden Area
      Rooftop
    • Jacuzzi
      Rooftop

    Available Units at Park Royal 3

    For Sale 3 For Rent 3
    • All
    • 1 Bed
    • 2 Beds
    • 3 Beds
    Get notified when new homes are being added to Park Royal 3
    View All (3)

    Loan Calculator

    Frequently Asked Questions

    No pets are allowed at Park Royal 3 unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
    The common area maintenance fee is $1 per square meter based on the size of indoor area of the property and is $88 for this condo. 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.
    Pratumnak Beach is the nearest Beach from Park Royal 3 and it is 0.1 km away.

    Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.

    In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name.  The ownership titles of these 49 units is referred to as Freehold or Foreign Quota. 

    This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.

     

    Read more here

    After you have found the right property at Park Royal 3 you have to follow these steps:

    • - Agreement of terms and conditions
    • - Reservation Agreement
    • - Reservation Deposit
    • - Sales and Purchase Agreement
    • - Settlement & Transfer

     


    Foreign Ownership
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    $1,440
    1st Installment
    Upon contract signing
    30%
    2nd Installment
    1 months after contract signing
    70%
    Thai or Company Ownership
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    $1,440
    1st Installment
    Upon contract signing
    15%
    2nd Installment
    1 months after contract signing
    85%

    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

    Reviews

    3.8 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Quiet, surrounded by complete facilities.
    Harriett Boris, Spain, 6 years ago
    A good condo in a quiet location, just 5 minutes to Pattaya's center, where you can find all local amenities such as restaurants, bars, and shops. Plus, on the opposite of the project is a night market. The condo is clean with underground parking, a swimming pool, and a relaxation area. The size of my one-bedroom unit is approximately 45 square meters. It's in perfect size with a nice layout. There is a bedroom, a living room, and a kitchen, a 4-seat dining set. I like the balcony corner as it's moderately wide to fit a small table to chill in the nice weather. My neighbors are both Thai and foreigners, which live together in peace. I would recommend you rent the motorbike to get around conveniently, and it will be fun. The price is reasonable that you wouldn't expect.
    Pattaya
    Nong Prue

    Neighborhood Overview

    Location and Neighborhood

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