Unit ID: U1902598
18% Rental Yield
Nong Prue, Pattaya, Chon Buri
$102,000
3 Bedrooms
2
Bathrooms
3,057 Sqft
Indoor Area
1
Storeys
Nov 2008
Completed

About This House

This property is a 3,057 Sqft house with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Nong Prue, Pattaya and was completed in Nov 2008. You can buy this house for a base price of $102,000 ($33/Sqft).

Single house 71 square wah (corner house, beautiful location)
  3.5 million (negotiable price)
  Pattaya Paradise Village 2
  3 bedrooms  2 bathrooms
  1 living room
  1 Thai kitchen
  1 Western kitchen
   Parking for 2 cars
  The common area has a swimming pool
  24-hour security guards
  The project road is wide
  Convenient transportation, only 10 minutes from the motorway

Features

TerraceTerrace Covered ParkingCovered Parking

Basic Information

Date Listed Jul 26, 2024
Updated 2 months ago
Property Type House (Single Detached)
Storeys 1
Location Nong Prue, Pattaya
Bedrooms 3
Nearest Landmark Nongprue Municipality -1.3 Km
Indoor Area 3,057 Sqft
Price per Sqft $33
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 3,057 Sqft
Pets N/A
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.

N/A
Land Title Deed N/A
Construction Completed (Nov 2008)
Furniture
Unfurnished
View(s) City 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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1902598

Investment Opportunity: Charges & Yield

Sale Price
$102,000
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.
6
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 Pattaya Paradise Village 2, and the current sales price.
18%

Project Details

Developer: N/A
Construction: Completed (Nov 2008)
Units: 85
Project Area: N/A
Nearest Landmark Nongprue Municipality - 1.3 Km
Location: Nong Prue, Pattaya
Pattaya Paradise Village 2 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 Pattaya Paradise Village 2

For Sale 3 For Rent 1
Get notified when new homes are being added to Pattaya Paradise Village 2
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Frequently Asked Questions

Nongprue Municipality is the nearest Government Office from Pattaya Paradise Village 2 and it is 1.3 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 Pattaya Paradise Village 2 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 Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Pattaya Paradise Village 2

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
94
Sales Prices
$210.01K - $262.51K
▼ -16% underpriced
Monthly Rentals
$729 - $846
Year Built
Dec 2012
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
17
Sales Prices
$554.19K
Monthly Rentals
N/A
Year Built
Jan 2005
Completion Status
Completed
Project Name
Baan Anda
Location
Nong Prue, Pattaya, Chon Buri
Number of units
39
Sales Prices
$437.52K
Monthly Rentals
N/A
Year Built
May 2009
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
21
Sales Prices
$478.35K - $627.11K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Location
Nong Prue, Pattaya, Chon Buri
Number of units
N/A
Sales Prices
$291.68K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Project Name
Lio Pattaya Klang
Location
Nong Prue, Pattaya, Chon Buri
Number of units
193
Sales Prices
$56.88K
Monthly Rentals
N/A
Year Built
Sep 2021
Completion Status
Completed
Project Name
El Grande
Location
Nong Prue, Pattaya, Chon Buri
Number of units
23
Sales Prices
$376.26K - $1.02M
▼ -11% underpriced
Monthly Rentals
N/A
Year Built
Mar 2010
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
59
Sales Prices
$277.09K
▼ -29% underpriced
Monthly Rentals
$1.02K - $1.31K
Year Built
Jun 2009
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
70
Sales Prices
$127.1K
▼ -28% underpriced
Monthly Rentals
$1.43K
Year Built
Apr 2006
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
97
Sales Prices
$116.67K
Monthly Rentals
N/A
Year Built
Mar 2018
Completion Status
Completed
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