Unit ID: U1681068
8% Rental Yield
Nong Prue, Pattaya, Chon Buri
฿5,000,000
2 Bedrooms
2
Bathrooms
98 SqM
Size
14
Floor
Jan 1991
Completed

About This Condo

This property is a 98 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Nong Prue, Pattaya and was completed in Jan 1991. You can buy this condo for a base price of ฿5,000,000 (฿51,020/SqM).

Features

Pool AccessPool Access Covered ParkingCovered Parking Corner UnitCorner Unit BalconyBalcony

Basic Information

Date Listed Nov 18, 2024
Updated 4 hours ago
Property Type Condo
Floor 14
Bedrooms 2
Size 98 SqM
Price per SqM ฿51,020
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%.

Thai Quota
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) Mountain View, Partial Sea View, City 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.
฿3,528/mo
Listed By
Owner
Electricity Price N/A
Water Price N/A
Unit ID U1681068

Investment Opportunity: Charges & Yield

Sale Price
฿5,000,000
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.
฿3,528/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.
13
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 2 bedroom condos at Pattaya Hill Resort, and the current sales price.
8%

Project Details

Project Name: Pattaya Hill Resort
Developer: N/A
Construction: Completed (Jan 1991)
Floors: 23
Buildings: N/A
Units: 245
Project Area: 4,800 SqM
Nearest Landmark Pratumnak Beach - 1.3 Km
Location: Nong Prue, Pattaya
Pattaya Hill Resort Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
Car Parking Car Parking
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
BBQ Area BBQ Area
Communal Garden Area Communal Garden Area

Available Units at Pattaya Hill Resort

For Sale 3 For Rent 1
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Frequently Asked Questions

No pets are allowed at Pattaya Hill Resort 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 ฿36 per square meter based on the size of indoor area of the property and is ฿3,528 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.
Pratumnak Beach is the nearest Beach from Pattaya Hill Resort and it is 1.3 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 Pattaya Hill Resort 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

Reviews

4 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Good view, feel comfortable.
Grover Reddish, Austria, 5 years ago
A lovely place. Just a few minutes from the beach and accessible in every way. It is near many amenities such as restaurants and convenience stores. The condo facilities include everything I need, such as a clean swimming pool, a standard fitness center, and a good security system. Inside the studio room I rented, it is well-decorated, beautiful, and comfortable. The room was spacious enough to stay alone. If anyone wants to have a vacation here with family, I'd recommend choosing a larger room than mine. I am satisfied with my stay at Pattaya Hill Resort. It is a great condo in the neighborhood of Naklua-Pattaya. I am happy to travel and have good memories while staying at the Pattaya Hill Resort. Next opportunity, I will come back to Pattaya Hill Resort again.
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Pattaya Hill Resort

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
The Vision
Location
Nong Prue, Pattaya, Chon Buri
Number of units
221
Sales Prices
฿3.38M - ฿7.93M
▼ -25.2% underpriced
Monthly Rentals
฿18K - ฿22.9K
Year Built
Jul 2016
Completion Status
Completed
Project Name
Tudor Court
Location
Nong Prue, Pattaya, Chon Buri
Number of units
136
Sales Prices
฿3.29M - ฿6.97M
▲ 5.5% overpriced
Monthly Rentals
฿22.9K
Year Built
Dec 2013
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
33
Sales Prices
฿3.35M
▼ -26.5% underpriced
Monthly Rentals
฿30K
Year Built
Sep 2010
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
250
Sales Prices
฿1.6M
▼ -5% underpriced
Monthly Rentals
฿12K - ฿24.9K
Year Built
Nov 2000
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
40
Sales Prices
฿4.6M - ฿5.9M
Monthly Rentals
฿22K
Year Built
Jun 2011
Completion Status
Completed
Project Name
Siam Garden 3
Location
Nong Prue, Pattaya, Chon Buri
Number of units
76
Sales Prices
฿1.93M - ฿3.8M
▼ -21.4% underpriced
Monthly Rentals
N/A
Year Built
Dec 2015
Completion Status
Completed
Project Name
Park Royal 1
Location
Nong Prue, Pattaya, Chon Buri
Number of units
38
Sales Prices
฿1.6M
Monthly Rentals
฿9.97K
Year Built
May 2009
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
76
Sales Prices
฿1.69M - ฿1.99M
▼ -28% underpriced
Monthly Rentals
N/A
Year Built
Dec 2015
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
128
Sales Prices
฿12.7M - ฿14M
▼ -2% underpriced
Monthly Rentals
฿49.9K
Year Built
Jun 2011
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
246
Sales Prices
฿5.98M
▼ -28% underpriced
Monthly Rentals
฿14K - ฿16K
Year Built
Jun 1992
Completion Status
Completed
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