Unit ID: U61846
6% Rental Yield
Nong Kham, Pattaya, Chon Buri
$315,000
4 Bedrooms
5
Bathrooms
2,799 Sqft
Indoor Area
2
Storeys
Nov 2017
Completed

About This House

This property is a 2,799 Sqft house with 4 bedrooms and 5 bathrooms that is available for sale. It is part of the project in Nong Kham, Pattaya and was completed in Nov 2017. You can buy this house for a base price of $315,000 ($112/Sqft) and it is also available for long term rentals starting from $1,460 per month.

Sell / Rent Fully Furnished Thai Thai Contemporary house

The house is decorated with warm, earthlike materials and wood, giving a resort feeling. : 4 bedrooms , 1 Jaguzzi bath tub ,5 showers : full equipped kitchen( Induction cooktop , Oven , Microwave , Family size Fridge ) : 1 upper terrace offers splendid views on the garden and Nongkhor Reservoir upfront : 2 parking , Remote control. Securities with guard control Entrance system together with CCTV around the house project. The house ist a peaceful idyllic location with amazing Nongkhor Reservoir view . Convenient access to all favorite places in Sriracha and Pattaya, 10- 30 minutes to Motorway 7, J-Park,Homepro- Sriacha , Robinson, Phayathai and Samitivej Hospital Sriracha and Pattaya ,only 60 minutes drive to Suvarnabhumi Airport . Furthermore there is easy access to the nearby industrial zones like Pinthong and Eastern Seaboard. 

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Wifi IncludedWifi Included Outdoor ShowersOutdoor Showers

Basic Information

Date Listed Mar 4, 2021
Updated 2 months ago
Property Type House (Single Detached)
Storeys 2
Location Nong Kham, Pattaya
Bedrooms 4
Nearest Landmark Koh Loy Ko Sichang Ferry Port -12.5 Km
Indoor Area 2,799 Sqft
Price per Sqft $112
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
861 Sqft
Plot Size 5,382 Sqft
Pets Not 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 N/A
Construction Completed (Nov 2017)
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) Lake View, Mountain View, Garden 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 U61846

Investment Opportunity: Charges & Yield

Sale Price
$315,000
Rent
$1,460/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.
18
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.
6%

Project Details

Project Name: Thara Pura
Developer: N/A
Construction: Completed (Nov 2017)
Units: 57
Project Area: N/A
Nearest Landmark Koh Loy Ko Sichang Ferry Port - 12.5 Km
Location: Nong Kham, Pattaya
Thara Pura Project Details

Project Features

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

Available Units at Thara Pura

For Sale 1 For Rent 1
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Frequently Asked Questions

Koh Loy Ko Sichang Ferry Port is the nearest Pier from Thara Pura and it is 12.5 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 Thara Pura 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 Kham

Neighborhood Overview

Location and Neighborhood

Street View

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