Unit ID: U1961673
8% Rental Yield
Bang Lamung, Pattaya, Chon Buri
$131,000
2 Bedrooms
2
Bathrooms
990 Sqft
Size
2
Floor
Jul 2006
Completed

About This Condo

This property is a 990 Sqft condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Bang Lamung, Pattaya and was completed in Jul 2006. You can buy this condo for a base price of $131,000 ($133/Sqft) and it is also available for long term rentals starting from $847 per month.

Features

Beach AccessBeach Access Ocean AccessOcean Access Pool AccessPool Access Garden AccessGarden Access Covered ParkingCovered Parking Outdoor ShowersOutdoor Showers Washing MachineWashing Machine MicrowaveMicrowave TVTV Pool Cleaning IncludedPool Cleaning Included

Basic Information

Date Listed Nov 2, 2024
Updated 1 month ago
Property Type Condo
Floor 2
Bedrooms 2
Size 990 Sqft
Price per Sqft $133
Pets N/A
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%.

Thai Quota
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
Building 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.
$1/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1961673

Investment Opportunity: Charges & Yield

Sale Price
$131,000
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.
$1/mo
Rent
$847/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

Developer: N/A
Construction: Completed (Jul 2006)
Floors: N/A
Buildings: N/A
Units: 1
Project Area: N/A
Nearest Landmark N/A
Location: Bang Lamung, Pattaya
รอยัลล์ ฮิลล์ คอนโดเทล Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area

Loan Calculator

Frequently Asked Questions

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 รอยัลล์ ฮิลล์ คอนโดเทล you have to follow these steps:

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

 


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
Bang Lamung

Neighborhood Overview

Location and Neighborhood

Street View

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