Unit ID: U1418198
9% Rental Yield
Nong Prue, Pattaya, Chon Buri
฿9,500,000
4 Bedrooms
3
Bathrooms
200 SqM
Indoor Area
2
Storeys
Dec 2005
Completed

About This Villa

This property is a 200 SqM villa with 4 bedrooms and 3 bathrooms that is available for sale. It is part of the Eakmongkol Chaiyapruek 2 project in Nong Prue, Pattaya and was completed in Dec 2005. You can buy this villa for a base price of ฿9,500,000 (฿47,500/SqM).

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Full Western KitchenFull Western Kitchen OvenOven

Basic Information

Date Listed Jun 1, 2023
Updated 9 months ago
Property Type Villa (Single Detached)
Storeys 2
Location Nong Prue, Pattaya
Bedrooms 4
Nearest Landmark Jomtien Beach South -0.9 Km
Indoor Area 200 SqM
Price per SqM ฿47,500
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 640 SqM
Pets All Kind of Pets Allowed
Villa Ownership

Foreign nationals can own the building (villa) 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 (Dec 2005)
Furniture
Unfurnished
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 U1418198

Investment Opportunity: Charges & Yield

Sale Price
฿9,500,000
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 4 bedroom villas at Eakmongkol Chaiyapruek 2, and the current sales price.
9%

Project Details

Project Name: Eakmongkol Chaiyapruek 2
Developer: N/A
Construction: Completed (Dec 2005)
Units: 137
Project Area: N/A
Nearest Landmark Jomtien Beach South - 0.9 Km
Location: Nong Prue, Pattaya
Eakmongkol Chaiyapruek 2 Project Details

Project Features

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

Available Units at Eakmongkol Chaiyapruek 2

For Sale 4 For Rent 2
Get notified when new homes are being added to Eakmongkol Chaiyapruek 2
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Frequently Asked Questions

All kind of pets are allowed at Eakmongkol Chaiyapruek 2 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Jomtien Beach South is the nearest Beach from Eakmongkol Chaiyapruek 2 and it is 0.9 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 Eakmongkol Chaiyapruek 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

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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