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    3 Bedroom Villa for sale at Chokchai Village 5
    Nong Prue, Pattaya, Chon Buri
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    Sale Price
    $159,000
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    3 Bedroom Villa for sale at Chokchai Village 5
    (1 Review)
    Unit ID: U1163174
    7% Rental Yield
    Tenant-Occupied until Dec 25, 2025
    Nong Prue, Pattaya, Chon Buri
    $159,000
    3 Bedrooms
    2
    Bathrooms
    1,615 Sqft
    Indoor Area
    1
    Storeys
    Feb 2004
    Completed
    7
    Sale Price
    $159,000

    About This Villa

    This property is a 1,615 Sqft villa 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 Feb 2004. You can buy this villa for a base price of $159,000 ($98/Sqft) and it is also available for long term rentals starting from $867 per month.

    3 Bedroom Villa for Sale at Chokchai Village 5

    This spacious 3-bedrooms 2 Bathrooms detached villa is fully furnished. It is located in a gated community just off Sukhumvit Road. It has a nice private pool, which is great for private gatherings.Chokchai Village 5 is a project located in Nong Prue, Pattaya and was completed in Feb 2004.

    Features

    Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking MicrowaveMicrowave TVTV

    Basic Information

    Date Listed Mar 9, 2023
    Updated 3 weeks ago
    Property Type Villa (Single Detached)
    Storeys 1
    Location Nong Prue, Pattaya
    Bedrooms 3
    Nearest Landmark Little Walk Pattaya -1.8 Km
    Indoor Area 1,615 Sqft
    Price per Sqft $98
    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 3,391 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.

    Company
    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.

    Company
    Land Title Deed Chanote
    Construction Completed (Feb 2004)
    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, 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.
    $22/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1163174

    Investment Opportunity: Charges & Yield

    Sale Price
    $159,000
    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.
    $22/mo
    Rent
    $867/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. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
    7%

    Project Details

    Project Name: Chokchai Village 5
    Developer: N/A
    Construction: Completed (Feb 2004)
    Units: 102
    Project Area: N/A
    Nearest Landmark Little Walk Pattaya - 1.8 Km
    Location: Nong Prue, Pattaya
    Chokchai Village 5 Project Details

    Project Features

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

    Available Units at Chokchai Village 5

    For Sale 2 For Rent 2
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    • 3 Beds
    Get notified when new homes are being added to Chokchai Village 5
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    Frequently Asked Questions

    All kind of pets are allowed at Chokchai Village 5 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    The common area maintenance fee for properties at Chokchai Village 5 is a fixed amount of ฿750. 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.
    Little Walk Pattaya is the nearest Shopping Mall from Chokchai Village 5 and it is 1.8 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

    After you have found the right property at Chokchai Village 5 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

    4.5 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    It makes my life very comfortable
    Thisanath Y., Thailand, 5 years ago
    I bought a house here to stay with my wife and children. The house that we purchased was at an excellent price. It is a one-story house of 3 bedrooms and 1 bathroom, finely finished with quality furniture. The road in the project is vast, making parking more comfortable. You don't need to snatch for the parking space. The project's facilities include a swimming pool and a gym. The location is close to The Chilled and 7-11 department stores as well as many restaurants. It makes my life very comfortable.
    Pattaya
    Nong Prue

    Neighborhood Overview

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