Unit ID: U1758948
10% Rental Yield
Nong Prue, Pattaya, Chon Buri
$218,000
3 Bedrooms
3.5
Bathrooms
1,292 Sqft
Indoor Area
1
Storeys
6 Months
Made To Order

About This Villa

This property is a 1,292 Sqft villa with 3 bedrooms and 3.5 bathrooms that is available for sale. It is part of the project in Nong Prue, Pattaya and will be built within 6 months of purchase. You can buy this villa for a base price of $218,000 ($169/Sqft) and it is also available for long term rentals starting from $1,880 per month.

Pool Villa for Sale!

Baan Mae Pool Villa, Baan Mae 1-No common fee's-Newly Refurbished from the Developer -Chanote is still in the Developers Name ready to transfer to the next Lucky Owner! 

Features

Private PoolPrivate Pool Covered ParkingCovered Parking

Basic Information

Date Listed Mar 14, 2024
Updated 1 month ago
Property Type Villa
Storeys 1
Location Nong Prue, Pattaya
Bedrooms 3
Nearest Landmark Na Jomtien Beach -6.8 Km
Indoor Area 1,292 Sqft
Price per Sqft $169
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 3,014 Sqft
Pets All Kind of Pets Allowed
Villa Ownership

Foreign nationals can own the building (villa) in their own name, but not the land that it stands on.

N/A
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 Chanote
Construction Made To Order (6 Months)
Furniture
A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
Fully Furnished
View(s) Pool View
Unit Type N/A
Parking Spots 2
Pool Size 4.28 x 2.63
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 U1758948

Investment Opportunity: Charges & Yield

Sale Price
$218,000
Rent
$1,880/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

Project Name: Baan Mae Pool Villa
Construction: Made To Order (6 Months)
Units: 16
Project Area: N/A
Nearest Landmark Na Jomtien Beach - 6.8 Km
Location: Nong Prue, Pattaya
Baan Mae Pool Villa Project Details

Available Units at Baan Mae Pool Villa

For Sale 3 For Rent 2
Get notified when new homes are being added to Baan Mae Pool Villa
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Frequently Asked Questions

All kind of pets are allowed at Baan Mae Pool Villa including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Na Jomtien Beach is the nearest Beach from Baan Mae Pool Villa and it is 6.8 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

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

After you have found the right property at Baan Mae Pool Villa you have to follow these steps:

 

  • - Unit selection and agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - 1st Contract Payment
  • - Payment Installments
  • - Snag List
  • - Transfer

Installment Milestone Payment
Reservation Deposit
Immediately
$2,890
1st Installment
Upon contract signing
$17,300
2nd Installment
6 month installments
$52,000
3rd Installment
On handover
$101,000

Read more here

 

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Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

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▲ 8% overpriced
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Number of units
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Sales Prices
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Year Built
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Number of units
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Year Built
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Completion Status
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