Unit ID: U1967610
4% Rental Yield
Nong Prue, Pattaya, Chon Buri
$124,000
3 Bedrooms
2
Bathrooms
1,938 Sqft
Indoor Area
1
Storeys
Jan 2014
Completed

About This House

This property is a 1,938 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 Jan 2014. You can buy this house for a base price of $124,000 ($64/Sqft).

Resale House for sale Nongmaikaen (Pattaya)

This beautifully maintained resale house in Nongmaikaen of Pattaya offers a unique blend of comfort, style, and convenience. Located in a sought-after neighborhood, it’s perfect for both long-term living and investment purposes. The property boasts a spacious layout, with 3 bedrooms / 2 bedrooms

Features

Private GardenPrivate Garden Garden AccessGarden Access Covered ParkingCovered Parking

Basic Information

Date Listed Nov 13, 2024
Updated 1 month ago
Property Type House
Storeys 1
Location Nong Prue, Pattaya
Bedrooms 3
Nearest Landmark Nongprue Municipality -1.2 Km
Indoor Area 1,938 Sqft
Price per Sqft $64
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
710 Sqft
Plot Size 2,648 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 Chanote
Construction Completed (Jan 2014)
Furniture
Unfurnished
View(s) Garden 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.
$7/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1967610

Investment Opportunity: Charges & Yield

Sale Price
$124,000
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.
$7/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.
25
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 Raviporn City Home Village, and the current sales price.
4%

Project Details

Developer: N/A
Construction: Completed (Jun 2013)
Units: 148
Project Area: N/A
Nearest Landmark Nongprue Municipality - 1.2 Km
Location: Nong Prue, Pattaya
Raviporn City Home Village Project Details

Project Features

Communal Pool Communal Pool
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)

Available Units at Raviporn City Home Village

For Sale 5 For Rent 2
Get notified when new homes are being added to Raviporn City Home Village
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Frequently Asked Questions

All kind of pets are allowed at Raviporn City Home Village including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee for properties at Raviporn City Home Village is a fixed amount of $7. This amount 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.
Nongprue Municipality is the nearest Government Office from Raviporn City Home Village and it is 1.2 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 Raviporn City Home Village 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

Projects Nearby Raviporn City Home Village

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Year Built
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Number of units
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▲ 1% overpriced
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Completion Status
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Project Name
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Location
Nong Prue, Pattaya, Chon Buri
Number of units
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Sales Prices
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Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Project Name
Pattalet 1
Location
Nong Prue, Pattaya, Chon Buri
Number of units
124
Sales Prices
$124.3K - $130.08K
Monthly Rentals
$809 - $1.1K
Year Built
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Completion Status
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Location
Nong Prue, Pattaya, Chon Buri
Number of units
270
Sales Prices
$97.99K - $187.89K
Monthly Rentals
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Year Built
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Completion Status
Completed
Project Name
Plenary Park
Location
Nong Prue, Pattaya, Chon Buri
Number of units
37
Sales Prices
$216.51K - $459.61K
Monthly Rentals
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Year Built
Jan 2009
Completion Status
Completed
Project Name
Cozy Ville
Location
Nong Prue, Pattaya, Chon Buri
Number of units
1
Sales Prices
$78.22K - $103.37K
▼ -4.7% underpriced
Monthly Rentals
N/A
Year Built
Dec 2018
Completion Status
Completed
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