Unit ID: U1854088
10% Rental Yield
Nong Prue, Pattaya, Chon Buri
$879,000
7 Bedrooms
7
Bathrooms
4,919 Sqft
Indoor Area
2
Storeys
Completed

About This House

This property is a 4,919 Sqft house with 7 bedrooms and 7 bathrooms that is available for sale. It is part of the project in Nong Prue, Pattaya. You can buy this house for a base price of $879,000 ($179/Sqft) and it is also available for long term rentals starting from $7,320 per month.

LUXURY POOL VILLA With Private Disco  7 Bedroom + 3 Sofa beds 7 Bathroom Private Disco: A gogo, Karaoke, Pool table, 4 parking inside High 3 meters ceiling, Good location soi Khao Talo  Fully Furnished with good quality furniture

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Wifi IncludedWifi Included Fully RenovatedFully Renovated (2023) MicrowaveMicrowave TVTV Cable TVCable TV

Basic Information

Date Listed Jun 7, 2024
Updated 1 month ago
Property Type House (Single Detached)
Storeys 2
Location Nong Prue, Pattaya
Bedrooms 7
Nearest Landmark Outlet Mall Pattaya -1.4 Km
Indoor Area 4,919 Sqft
Price per Sqft $179
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
5,554 Sqft
Plot Size 1,389 Sqft
Pets N/A
House Ownership

Foreign nationals can own the building (house) 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 N/A
Construction Completed
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 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 U1854088

Investment Opportunity: Charges & Yield

Sale Price
$879,000
Rent
$7,320/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: Ekmongkol Village 2.2
Developer: N/A
Construction: Completed
Units: 1
Project Area: N/A
Nearest Landmark Outlet Mall Pattaya - 1.4 Km
Location: Nong Prue, Pattaya
Ekmongkol Village 2.2 Project Details

Available Units at Ekmongkol Village 2.2

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Frequently Asked Questions

Outlet Mall Pattaya is the nearest Shopping Mall from Ekmongkol Village 2.2 and it is 1.4 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 Ekmongkol Village 2.2 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 Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Ekmongkol Village 2.2

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Park Rung Ruang
Location
Nong Prue, Pattaya, Chon Buri
Number of units
40
Sales Prices
$78.79K - $292.59K
▼ -25% underpriced
Monthly Rentals
N/A
Year Built
Nov 1998
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
N/A
Sales Prices
$81.42K
Monthly Rentals
$732
Year Built
Jan 2019
Completion Status
Completed
Project Name
Eakmongkol 4
Location
Nong Prue, Pattaya, Chon Buri
Number of units
1400
Sales Prices
$67.07K - $284.1K
▼ -20% underpriced
Monthly Rentals
$439 - $937
Year Built
Jun 2009
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
75
Sales Prices
$32.22K - $49.79K
Monthly Rentals
$249 - $264
Year Built
Jun 2010
Completion Status
Completed
Project Name
Rachawadee Villa
Location
Nong Prue, Pattaya, Chon Buri
Number of units
34
Sales Prices
$190.38K
▲ 4% overpriced
Monthly Rentals
N/A
Year Built
Jun 2010
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
100
Sales Prices
$322.17K - $494.98K
Monthly Rentals
$1.03K - $1.17K
Year Built
Dec 1997
Completion Status
Completed
Project Name
Eakmongkol 5/1
Location
Nong Prue, Pattaya, Chon Buri
Number of units
59
Sales Prices
$137.66K
▲ 20% overpriced
Monthly Rentals
$539
Year Built
Jun 2009
Completion Status
Completed
Project Name
Siam Royal View
Location
Nong Prue, Pattaya, Chon Buri
Number of units
150
Sales Prices
$459.95K - $5.54M
▼ -15% underpriced
Monthly Rentals
$1.61K - $3.51K
Year Built
Jul 2018
Completion Status
Completed
Project Name
Ektara
Location
Nong Prue, Pattaya, Chon Buri
Number of units
N/A
Sales Prices
$86.4K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
43
Sales Prices
$524.26K
▼ -4% underpriced
Monthly Rentals
$586
Year Built
Nov 2010
Completion Status
Completed
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