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    3 Bedroom House for sale at Pattalet 1
    Nong Prue, Pattaya, Chon Buri
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    Sale Price
    $131,000
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    3 Bedroom House for sale at Pattalet 1
    (1 Review)
    Unit ID: U1855346
    7% Rental Yield
    Nong Prue, Pattaya, Chon Buri
    $131,000
    3 Bedrooms
    3
    Bathrooms
    1,292 Sqft
    Indoor Area
    2
    Storeys
    Nov 2015
    Completed
    11
    Sale Price
    $131,000

    About This House

    This property is a 1,292 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 Nov 2015. You can buy this house for a base price of $131,000 ($102/Sqft).

    Appliances and sofa (broken) not included

    Features

    Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

    Basic Information

    Date Listed May 31, 2024
    Updated 5 months ago
    Property Type House (Single Detached)
    Storeys 2
    Location Nong Prue, Pattaya
    Bedrooms 3
    Nearest Landmark Pattaya Railway Station -4.2 Km
    Indoor Area 1,292 Sqft
    Price per Sqft $102
    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 1,955 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 (Nov 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) Garden 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.
    $48/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1855346

    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.
    $48/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.
    15
    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 3 bedroom houses at Pattalet 1, and the current sales price.
    7%

    Project Details

    Project Name: Pattalet 1
    Developer: N/A
    Construction: Completed (Nov 2015)
    Units: 124
    Project Area: N/A
    Nearest Landmark Pattaya Railway Station - 4.2 Km
    Location: Nong Prue, Pattaya
    Pattalet 1 Project Details

    Project Features

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

    Available Units at Pattalet 1

    For Sale 2 For Rent 4
    • All
    • 3 Beds
    Get notified when new homes are being added to Pattalet 1
    View All (2)

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    Frequently Asked Questions

    All kind of pets are allowed at Pattalet 1 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    The common area maintenance fee is $0 per square meter based on the plot size of the property and is $48 for this house. This fee has to be paid by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
    Pattaya Railway Station is the nearest Railway Station from Pattalet 1 and it is 4.2 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 Pattalet 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

    Reviews

    4.2 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Cozy home and lovely neighbors
    Ramonita P., Thailand, 5 years ago
    Looking for a home to live with my family of 3 people. The project's located not far from Pattaya city, and it's quite fertile by various facilities, such as a fresh market and a supermarket. The common area is peaceful, with a pleasant and shady atmosphere. The project's facilities are suitable for people of all ages, including a garden, a kid's playground, a swimming pool, and a clubhouse. The house is a 2-story single-detached with 3 bedrooms and 3 bathrooms with 2 parking lots with a living area of 128 sq.m. It is modern luxury with beautiful design and functional space. I think the material and the finishing is good. The inside is spacious as well as the kitchen. There is a massive area for my dogs outside the house as well. The project focuses on the safety of the residents very well. The guards always patrol all day. There is an electric fence system around the project, and checking on visitors. This policy makes us feel very safe to leave my home for a long vacation without being worried. And whenever parents come to visit, we will be at ease because this place is very cozy. The neighbors are lovely and very friendly.
    Pattaya
    Nong Prue

    Neighborhood Overview

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