Unit ID: U1867238
Nong Prue, Pattaya, Chon Buri
฿13,500,000
4 Bedrooms
4
Bathrooms
298 SqM
Indoor Area
1
Storeys
Aug 2024
Completed

About This House

This property is a 298 SqM house with 4 bedrooms and 4 bathrooms that is available for sale. It is part of the Reservoir Town project in Nong Prue, Pattaya and was completed in Aug 2024. You can buy this house for a base price of ฿13,500,000 (฿45,302/SqM).

Basic Information

Date Listed Jun 11, 2024
Updated 6 days ago
Property Type House
Storeys 1
Location Nong Prue, Pattaya
Bedrooms 4
Nearest Landmark Na Jomtien Beach -6.2 Km
Indoor Area 298 SqM
Price per SqM ฿45,302
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
11.60 SqM
Plot Size 308 SqM
Pets Not Allowed
House Ownership

Foreign nationals can own the building (house) in their own name but not the land that it stands on.

N/A
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.

N/A
Land Title Deed N/A
Construction Completed (Aug 2024)
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) N/A
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.
฿10,780/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1867238

Investment Opportunity: Charges & Yield

Sale Price
฿13,500,000
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.
฿10,780/mo

Project Details

Project Name: Reservoir Town
Construction: Completed (Dec 2023)
Units: 16
Project Area: 3 SqM
Nearest Landmark Na Jomtien Beach - 6.2 Km
Location: Nong Prue, Pattaya
Reservoir Town Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at Reservoir Town

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Frequently Asked Questions

No pets are allowed at Reservoir Town 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 ฿35 per square meter based on the plot size of the property and is ฿10,780 for this house. 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.
For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At Reservoir Town the required payment for the sinking fund is ฿300 per square meter based on the size of the plot size of the property.
Na Jomtien Beach is the nearest Beach from Reservoir Town and it is 6.2 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 Reservoir Town you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer
Installment Milestone Payment
1st Installment
Upon contract signing
30%
2nd Installment
On handover
70%


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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Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

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