Unit ID: U1962132
10% Rental Yield
Nong Kham, Pattaya, Chon Buri
$103,000
3 Bedrooms
3
Bathrooms
1,938 Sqft
Indoor Area
2
Storeys
Mar 2015
Completed

About This House

This property is a 1,938 Sqft house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Nong Kham, Pattaya and was completed in Mar 2015. You can buy this house for a base price of $103,000 ($53/Sqft) and it is also available for long term rentals starting from $820 per month.

Features

Garden AccessGarden Access Renovated KitchenRenovated Kitchen (2020) TVTV

Basic Information

Date Listed Nov 4, 2024
Updated 1 month ago
Property Type House
Storeys 2
Location Nong Kham, Pattaya
Bedrooms 3
Nearest Landmark Koh Loy Ko Sichang Ferry Port -11.3 Km
Indoor Area 1,938 Sqft
Price per Sqft $53
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
12,917 Sqft
Plot Size 1,938 Sqft
Pets Cats and Dogs (small only)
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 Chanote
Construction Completed (Mar 2015)
Furniture
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) Blocked View
Unit Type N/A
Parking Spots 2
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.
$29/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1962132

Investment Opportunity: Charges & Yield

Sale Price
$103,000
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.
$29/mo
Rent
$820/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.
10
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.
10%

Project Details

Construction: Completed (May 2017)
Units: 429
Project Area: N/A
Nearest Landmark Koh Loy Ko Sichang Ferry Port - 11.3 Km
Location: Nong Kham, Pattaya
Life in the Garden Sriracha Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone

Available Units at Life in the Garden Sriracha

For Sale 2 For Rent 2
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Frequently Asked Questions

Koh Loy Ko Sichang Ferry Port is the nearest Pier from Life in the Garden Sriracha and it is 11.3 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 Life in the Garden Sriracha 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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Nong Kham

Neighborhood Overview

Location and Neighborhood

Street View

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