Unit ID: U149702
6% Rental Yield
Tenant-Occupied until Aug 1, 2025
Nong Prue, Pattaya, Chon Buri
$189,000
5 Bedrooms
6
Bathrooms
2,476 Sqft
Indoor Area
3
Storeys
Jan 2011
Completed

About This Townhouse

This property is a 2,476 Sqft townhouse with 5 bedrooms and 6 bathrooms that is available for sale. It is part of the project in Nong Prue, Pattaya and was completed in Jan 2011. You can buy this townhouse for a base price of $189,000 ($76/Sqft) and it is also available for long term rentals starting from $1,020 per month.

5 Bedroom Town Home Pratumnak Village

This small 19 unit secure walled around townhome village has 24 hours security, CCTV, a remote-controlled gate, and a nice communal pool. It is just a few hundred meters walking to Pratumnak beach, This specific townhome is a corner unit with 5 bedrooms, private parking, fully furnished, the open kitchen can be rented out separated between first and second floor, the rooftop has a BBQ area with sea view. Maintenance is only 1.000 THB/month. It has 2 kitchens with 5 bedrooms, 2 living spaces with kitchens, 2 washing machines. Both floors can be used and entranced privately so the owner can live the first floor while renting out the second floor. The rooftop is in use as a BBQ space with sea view. The price is only 6,500,000.00 THB offered on an Ltd name all included.

Features

Rooftop TerraceRooftop Terrace TerraceTerrace Corner UnitCorner Unit Maids QuartersMaids Quarters BalconyBalcony Full Western KitchenFull Western Kitchen BathtubBathtub

Basic Information

Date Listed Oct 9, 2019
Updated 3 days ago
Property Type Townhouse
Storeys 3
Location Nong Prue, Pattaya
Bedrooms 5
Nearest Landmark Pratumnak Beach -0.8 Km
Indoor Area 2,476 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.
323 Sqft
Plot Size 1,292 Sqft
Pets All Kind of Pets Allowed
Townhouse Ownership

Foreign nationals can own the building (townhouse) 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 (Jan 2011)
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) City 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.
$28/mo
Listed By
Each listing provided by partnered agents is individually verified by AsiaVillas. Partner Agents work for different brokerages or property management companies but have teamed up with AsiaVillas so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U149702

Investment Opportunity: Charges & Yield

Sale Price
$189,000
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.
$28/mo
Rent
$1,020/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.
6%

Project Details

Project Name: Corrib Village
Developer: N/A
Construction: Completed (Jan 2011)
Units: 19
Project Area: N/A
Nearest Landmark Pratumnak Beach - 0.8 Km
Location: Nong Prue, Pattaya
Corrib Village Project Details

Project Features

Communal Pool Communal Pool
24H Security 24H Security
Car Parking Car Parking

Available Units at Corrib Village

For Sale 1 For Rent 4
Get notified when new homes are being added to Corrib Village
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Frequently Asked Questions

All kind of pets are allowed at Corrib Village including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Pratumnak Beach is the nearest Beach from Corrib Village and it is 0.8 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 Corrib 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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Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Corrib Village

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Year Built
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Project Name
Location
Number of units
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Completion Status
Location
Nong Prue, Pattaya, Chon Buri
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Sales Prices
$46.22K - $60.66K
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Sales Prices
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Completion Status
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Number of units
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$39K - $236.88K
▼ -5% underpriced
Monthly Rentals
$260 - $578
Year Built
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Completion Status
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Location
Nong Prue, Pattaya, Chon Buri
Number of units
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Sales Prices
$60.14K - $95.33K
Monthly Rentals
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Year Built
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Completion Status
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Location
Nong Prue, Pattaya, Chon Buri
Number of units
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Sales Prices
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▲ 27% overpriced
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Year Built
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Completion Status
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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
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Year Built
Jan 2016
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
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Sales Prices
$114.08K - $173.32K
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Monthly Rentals
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Year Built
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Completion Status
Completed
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