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    3 Bedroom House for sale at SP Village 4
    Nong Pla Lai, Pattaya, Chon Buri
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    Sale Price
    $115,000
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    3 Bedroom House for sale at SP Village 4
     (Write Review)
    Unit ID: U1061084
    4% Rental Yield
    Nong Pla Lai, Pattaya, Chon Buri
    $115,000
    3 Bedrooms
    2
    Bathrooms
    1,507 Sqft
    Indoor Area
    1
    Storeys
    Apr 2007
    Completed
    15
    Sale Price
    $115,000

    About This House

    This property is a 1,507 Sqft house with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Nong Pla Lai, Pattaya and was completed in Apr 2007. You can buy this house for a base price of $115,000 ($76/Sqft).

    Features

    Covered ParkingCovered Parking Corner UnitCorner Unit BalconyBalcony Full Western KitchenFull Western Kitchen OvenOven TVTV

    Basic Information

    Date Listed Feb 18, 2022
    Updated 2 years ago
    Property Type House (Single Detached)
    Storeys 1
    Location Nong Pla Lai, Pattaya
    Bedrooms 3
    Nearest Landmark Ka Ting Lai Beach -3.6 Km
    Indoor Area 1,507 Sqft
    Price per Sqft $76
    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 3,574 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 (Apr 2007)
    Furniture
    Specific items of furniture can be requested in the sale, or buyers can offer to purchase some or all of it. When negotiating a deal, either party can suggest that such items be included in the sale price.
    Negotiable
    View(s) Park View, Pool 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.
    $30/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1061084

    Investment Opportunity: Charges & Yield

    Sale Price
    $115,000
    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.
    $30/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.
    27
    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 SP Village 4, and the current sales price.
    4%

    Project Details

    Project Name: SP Village 4
    Developer: N/A
    Construction: Completed (May 2007)
    Units: 100
    Project Area: N/A
    Nearest Landmark Ka Ting Lai Beach - 3.6 Km
    Location: Nong Pla Lai, Pattaya
    SP Village 4 Project Details

    Project Features

    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking

    Available Units at SP Village 4

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

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    Frequently Asked Questions

    All kind of pets are allowed at SP Village 4 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    The common area maintenance fee for properties at SP Village 4 is a fixed amount of $30. 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.
    Ka Ting Lai Beach is the nearest Beach from SP Village 4 and it is 3.6 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 SP Village 4 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 Pla Lai

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