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    Studio Condo for sale at Park Royal 2
    Nong Prue, Pattaya, Chon Buri
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    Sale Price
    $72,500
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    Studio Condo for sale at Park Royal 2
     (Write Review)
    Unit ID: U13303
    9% Rental Yield
    Nong Prue, Pattaya, Chon Buri
    $72,500
    Studio Bedroom
    1
    Bathroom
    484 Sqft
    Size
    4
    Floor
    May 2011
    Completed
    6
    Sale Price
    $72,500

    About This Condo

    This property is a 484 Sqft studio condo with 1 bathroom that is available for sale. It is part of the project in Nong Prue, Pattaya and was completed in May 2011. You can buy this condo for a base price of $72,500 ($150/Sqft).

    Dream Condo in Lush Nong Prue - ฿2.5m Won't Last Long!

    Looking for the perfect place for a new home or vacation pad? Look no further than this charming studio condo! Situated in the lush, tranquil surrounds of Nong Prue, it's just a few minutes away from the hustle and bustle of downtown Chon Buri.This 45 SqM condo is perfect for singles, couples, and small families. With 1 bathroom and modern fittings, it's the perfect mix of practical and elegant. And at ฿2,500,000 (฿55,556/SqM), it won't break the bank either!Part of the Park Royal 2 project, it was completed in May 2011 and combines all the benefits of modern living with all the convenience of a well-established, lush neighborhood. Perfectly balanced indoor/outdoor entertaining spaces, easy access to local parks, gardens, and amenities make it the perfect dwelling.Don't waste any more time in the search for your dream condo! This is the one you've been looking for all along. Contact us now and take advantage of this incredible opportunity. It won't last long!

    Basic Information

    Date Listed Nov 3, 2016
    Updated 4 years ago
    Property Type Condo
    Floor 4
    Bedroom Studio
    Size 484 Sqft
    Price per Sqft $150
    Pets Not Allowed
    Condo Ownership

    Foreign nationals can own condominium units as freehold owners in buildings where no more than 49% of the unit floor space is owned by foreigners. Units that are part of the Thai quota or are being leased for 30 years can be converted to the foreign freehold quota if it is currently below 49%.

    N/A
    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) Sea View
    Unit Type N/A
    Building 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.
    $52/mo
    Listed By
    Developer
    Electricity Price N/A
    Water Price N/A
    Unit ID U13303

    Investment Opportunity: Charges & Yield

    Sale Price
    $72,500
    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.
    $52/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.
    11
    Rental Yield
    This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other studio condos at Park Royal 2, and the current sales price.
    9%

    Project Details

    Project Name: Park Royal 2
    Developer: Vistas Development Co., Ltd
    Construction: Completed (May 2011)
    Floors: 8
    Buildings: 1
    Units: 85
    Project Area: 12,917 Sqft
    Nearest Landmark Cozy Beach - 1.2 Km
    Location: Nong Prue, Pattaya
    Park Royal 2 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
    Reception / Lobby Area Reception / Lobby Area

    Popular Facilities at Park Royal 2

    • All
    • Fitness
    • Leisure
    4
    • Communal Pool
      Rooftop
    • Communal Gym
      Rooftop

    Available Units at Park Royal 2

    For Sale 3 For Rent 1
    • All
    • Studio
    Get notified when new homes are being added to Park Royal 2
    View All (3)

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    Frequently Asked Questions

    No pets are allowed at Park Royal 2 unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
    The common area maintenance fee is $1 per square meter based on the size of indoor area of the property and is $52 for this condo. This fee 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.
    Cozy Beach is the nearest Beach from Park Royal 2 and it is 1.2 km away.

    Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.

    In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name.  The ownership titles of these 49 units is referred to as Freehold or Foreign Quota. 

    This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.

     

    Read more here

    After you have found the right property at Park Royal 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

    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

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