Unit ID: U1967225
7% Rental Yield
Nong Prue, Pattaya, Chon Buri
$111,000
2 Bedrooms
2
Bathrooms
1,292 Sqft
Indoor Area
1
Storeys
Completed

About This House

This property is a 1,292 Sqft house with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Nong Prue, Pattaya. You can buy this house for a base price of $111,000 ($86/Sqft).

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking

Basic Information

Date Listed Nov 11, 2024
Updated 1 month ago
Property Type House (Single Detached)
Storeys 1
Location Nong Prue, Pattaya
Bedrooms 2
Nearest Landmark Ban Nong Ket Yai Health Center -2.6 Km
Indoor Area 1,292 Sqft
Price per Sqft $86
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 3,014 Sqft
Pets All Kind of Pets Allowed
House Ownership

Foreign nationals can own the building (house) 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 N/A
Construction Completed
Furniture
Built-ins are any items that do not leave the property but remain a part of the permanent structure of a home. This includes any type of permanent appliances, cabinetry, furniture that’s built into the home, such as shelving or benches, and other attached items.
Built In
View(s) 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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1967225

Investment Opportunity: Charges & Yield

Sale Price
$111,000
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.
14
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 houses at Pornthep Garden Ville 1, and the current sales price.
7%

Project Details

Project Name: Pornthep Garden Ville 1
Developer: N/A
Construction: Completed
Units: 111
Project Area: N/A
Nearest Landmark Ban Nong Ket Yai Health Center - 2.6 Km
Location: Nong Prue, Pattaya
Pornthep Garden Ville 1 Project Details

Project Features

Communal Pool Communal Pool
24H Security 24H Security
Outdoor Kids Zone Outdoor Kids Zone
Communal Garden Area Communal Garden Area

Available Units at Pornthep Garden Ville 1

For Sale 2 For Rent 2
Get notified when new homes are being added to Pornthep Garden Ville 1
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Frequently Asked Questions

All kind of pets are allowed at Pornthep Garden Ville 1 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Ban Nong Ket Yai Health Center is the nearest Hospital from Pornthep Garden Ville 1 and it is 2.6 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 Pornthep Garden Ville 1 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

Projects Nearby Pornthep Garden Ville 1

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Location
Nong Prue, Pattaya, Chon Buri
Number of units
73
Sales Prices
$131.8K
Monthly Rentals
$820
Year Built
N/A
Completion Status
Off Plan
Location
Nong Prue, Pattaya, Chon Buri
Number of units
N/A
Sales Prices
$131.8K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Project Name
Chaiyaporn Withi
Location
Nong Prue, Pattaya, Chon Buri
Number of units
1
Sales Prices
$322.17K
Monthly Rentals
N/A
Year Built
Jun 2015
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
27
Sales Prices
$428.37K - $1.06M
Monthly Rentals
N/A
Year Built
Dec 2022
Completion Status
Completed
Project Name
Grand PMC 7
Location
Nong Prue, Pattaya, Chon Buri
Number of units
110
Sales Prices
$169.58K
Monthly Rentals
$762
Year Built
N/A
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
83
Sales Prices
$200.4K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Project Name
PMC Home
Location
Nong Prue, Pattaya, Chon Buri
Number of units
N/A
Sales Prices
$87.87K
Monthly Rentals
$644
Year Built
Oct 2013
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
100
Sales Prices
$433.47K
▲ 4% overpriced
Monthly Rentals
$2.2K
Year Built
Dec 2009
Completion Status
Completed
Project Name
Baan Sirin
Location
Nong Prue, Pattaya, Chon Buri
Number of units
N/A
Sales Prices
$259.2K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Project Name
Executive Homes
Location
Nong Prue, Pattaya, Chon Buri
Number of units
16
Sales Prices
$336.82K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
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