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    3 Bedroom House for sale at Central Park 2 Pattaya
    Nong Prue, Pattaya, Chon Buri
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    Sale Price
    $522,000
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    3 Bedroom House for sale at Central Park 2 Pattaya
    (1 Review)
    Unit ID: U32867
    3% Rental Yield
    Tenant-Occupied until Feb 1, 2025
    Nong Prue, Pattaya, Chon Buri
    $522,000
    3 Bedrooms
    3
    Bathrooms
    1,722 Sqft
    Indoor Area
    2
    Storeys
    Jun 2010
    Completed
    45
    Sale Price
    $522,000

    About This House

    This property is a 1,722 Sqft house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Nong Prue, Pattaya and was completed in Jun 2010. You can buy this house for a base price of $522,000 ($303/Sqft) and it is also available for long term rentals starting from $1,450 per month.

    Basic Information

    Date Listed Sep 4, 2017
    Updated 1 month ago
    Property Type House
    Storeys 2
    Location Nong Prue, Pattaya
    Bedrooms 3
    Nearest Landmark Alcazar Cabaret Show -0.9 Km
    Indoor Area 1,722 Sqft
    Price per Sqft $303
    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 Not Allowed
    House Ownership

    Foreign nationals can own the building (house) in their own name, but not the land that it stands on.

    N/A
    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 (Jun 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) 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 U32867

    Investment Opportunity: Charges & Yield

    Sale Price
    $522,000
    Rent
    $1,450/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.
    30
    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.
    3%

    Project Details

    Project Name: Central Park 2 Pattaya
    Developer: N/A
    Construction: Completed (Jun 2010)
    Units: 69
    Project Area: N/A
    Nearest Landmark Alcazar Cabaret Show - 0.9 Km
    Location: Nong Prue, Pattaya
    Central Park 2 Pattaya Project Details

    Project Features

    Communal Pool Communal Pool
    24H Security 24H Security
    Car Parking Car Parking

    Available Units at Central Park 2 Pattaya

    For Sale 2 For Rent 2
    • All
    • 3 Beds
    • 4 Beds
    Get notified when new homes are being added to Central Park 2 Pattaya
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    Frequently Asked Questions

    Alcazar Cabaret Show is the nearest Tourist Attraction from Central Park 2 Pattaya and it is 0.9 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 Central Park 2 Pattaya 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

    Reviews

    5 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Villa near Pattaya Beach
    Li Min Choo, China, 7 years ago
    Our family rents a 3-bedroom pool villa with a large and clean swimming pool. The outdoor area around the project is pleasant and shady. The living space is large and fully furnished. The living room has a large TV and a couch. The kitchen in a Western-style is fully equipped. Every bedroom has a TV, bedsheets, and a closet. The villa is quite comfortable and safe. The staff is in charge for 24 hours, near Pattaya Beach, Pattaya Walking Street, and Central Festival Pattaya Beach.
    Pattaya
    Nong Prue

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