Unit ID: U1950336
4% Rental Yield
Nong Prue, Pattaya, Chon Buri
$70,700
2 Bedrooms
1
Bathroom
1,033 Sqft
Indoor Area
Jan 2010
Completed

About This Townhouse

This property is a 1,033 Sqft townhouse with 2 bedrooms and 1 bathroom that is available for sale. It is part of the project in Nong Prue, Pattaya and was completed in Jan 2010. You can buy this townhouse for a base price of $70,700 ($68/Sqft).

For Sale: Single-storey townhouse in Chokchai Village 4
Location: Soi Nern Plub Hwan
Completion: 90%

Land Size: 24 sq. wah
Bedrooms: 2
Bathroom: 1
Kitchen: 1 (includes washing area)
Features: Kitchen counter
Bar counter for casual wine sipping
Parking space for 1 car
Shared swimming pool (free)
Included Furniture:

2 bedding sets
Sofa set
TV table
Dining table (4 seats)
Hood and gas stove
2 air conditioners
Water pump and underground tank
Curtains throughout (some decorative items excluded)
Price: 2.39 million THB
Transfer Fee: 50/50 split

Location Advantage: Located near the International Chinese School and Sawang Boriboon School. The entrance of the village features Bangkok Bank and Government Savings Bank.

Features

Covered ParkingCovered Parking

Basic Information

Date Listed Oct 15, 2024
Updated 2 weeks ago
Property Type Townhouse
Storeys N/A
Location Nong Prue, Pattaya
Bedrooms 2
Nearest Landmark The Chilled Shopping Mall -0.7 Km
Indoor Area 1,033 Sqft
Price per Sqft $68
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 N/A
Pets All Kind of Pets Allowed
Townhouse Ownership

Foreign nationals can own the building (townhouse) 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.

N/A
Land Title Deed N/A
Construction Completed (Jan 2010)
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) City View
Unit Type N/A
Parking Spots 1
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 U1950336

Investment Opportunity: Charges & Yield

Sale Price
$70,700
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.
22
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 townhouses at Chokchai Village 4, and the current sales price.
4%

Project Details

Project Name: Chokchai Village 4
Developer: N/A
Construction: Completed (Jan 2010)
Units: 92
Project Area: N/A
Nearest Landmark The Chilled Shopping Mall - 0.7 Km
Location: Nong Prue, Pattaya
Chokchai Village 4 Project Details

Project Features

Communal Pool Communal Pool
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at Chokchai Village 4

For Sale 3 For Rent 1
Get notified when new homes are being added to Chokchai Village 4
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Frequently Asked Questions

All kind of pets are allowed at Chokchai Village 4 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The Chilled Shopping Mall is the nearest Shopping Mall from Chokchai Village 4 and it is 0.7 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 Chokchai Village 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

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Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

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