Unit ID: U1813500
4% Rental Yield
Tenant-Occupied until Jul 1, 2025
Nong Prue, Pattaya, Chon Buri
฿7,000,000
2 Bedrooms
1
Bathroom
132 SqM
Indoor Area
1
Storeys
Dec 2012
Completed

About This Villa

This property is a 132 SqM villa with 2 bedrooms and 1 bathroom that is available for sale. It is part of the Classic Garden Home project in Nong Prue, Pattaya and was completed in Dec 2012. You can buy this villa for a base price of ฿7,000,000 (฿53,030/SqM) and it is also available for long term rentals starting from ฿22,000 per month.

Features

Private PoolPrivate Pool Private GardenPrivate Garden Garden AccessGarden Access Corner UnitCorner Unit Wifi IncludedWifi Included Outdoor ShowersOutdoor Showers Full Western KitchenFull Western Kitchen Washing MachineWashing Machine TVTV Cable TVCable TV TruevisionTruevision

Basic Information

Date Listed Apr 24, 2024
Updated 4 days ago
Property Type Villa (Single Detached)
Storeys 1
Location Nong Prue, Pattaya
Bedrooms 2
Nearest Landmark Nongprue Municipality -1.1 Km
Indoor Area 132 SqM
Price per SqM ฿53,030
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 500 SqM
Pets Cats and Dogs (small only)
Villa Ownership

Foreign nationals can own the building (villa) 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 Chanote
Construction Completed (Dec 2012)
Furniture
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) Pool View, Garden View, Unblocked Open View
Unit Type N/A
Parking Spots 4
Pool Size 3x12
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.
฿1,660/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1813500

Investment Opportunity: Charges & Yield

Sale Price
฿7,000,000
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.
฿1,660/mo
Rent
฿22,000/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.
27
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.
4%

Project Details

Project Name: Classic Garden Home
Developer: N/A
Construction: Completed (Dec 2012)
Units: 94
Project Area: N/A
Nearest Landmark Nongprue Municipality - 1.1 Km
Location: Nong Prue, Pattaya
Classic Garden Home Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area

Available Units at Classic Garden Home

For Sale 2 For Rent 2
Get notified when new homes are being added to Classic Garden Home
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Frequently Asked Questions

The common area maintenance fee for properties at Classic Garden Home is a fixed amount of ฿1,660. 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.
Nongprue Municipality is the nearest Government Office from Classic Garden Home and it is 1.1 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 Classic Garden Home 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

Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

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