Unit ID: U1920887
9% Rental Yield
Nong Prue, Pattaya, Chon Buri
Sold
2 Bedrooms
2
Bathrooms
92 SqM
Size
1
Floor
Jul 2006
Completed

About This Condo

This property is a 92 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 Jul 2006. You can buy this condo for a base price of ฿2,650,000 (฿28,804/SqM).

Basic Information

Date Listed Aug 28, 2024
Updated 1 month ago
Property Type Condo
Floor 1
Bedrooms 2
Size 92 SqM
Price per SqM ฿28,804
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
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
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.
฿2,484/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U1920887

Investment Opportunity: Charges & Yield

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.
฿2,484/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 2 bedroom condos at Royal Hill Resort, and the current sales price.
9%

Project Details

Project Name: Royal Hill Resort
Developer: N/A
Construction: Completed (Jul 2006)
Floors: 8
Buildings: N/A
Units: 224
Project Area: N/A
Nearest Landmark Dong Tarn Beach - 1 Km
Location: Nong Prue, Pattaya
Royal Hill Resort 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
Close
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Available Units at Royal Hill Resort

For Sale 8 For Rent 1
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Frequently Asked Questions

No pets are allowed at Royal 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 ฿27 per square meter based on the size of indoor area of the property and is ฿2,484 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.
Dong Tarn Beach is the nearest Beach from Royal Hill Resort and it is 1 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 Royal 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

3.6 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Great location and value for money
Chris Burnside, United Kingdom, Current Resident, 3 years ago
Royal Hill has a great location, on the baht bus route, with easy access to Jomtien, Pattaya and the beach. Many bars and good restaurants within walking distance. Also close by is a 24 hour supermarket and the bus station to Suvarnabhumi airport. The condo has a large pool and the usual facilities of a gym, 24 hour security and under cover parking. A 7/11 right outside. The condos here are particularly good value in the 40-45,000 sqm range well below that charged by the more modern developments. Also very good size units non under 40 sqm.
The project atmosphere is very calm and private.
Hwa Krenz, Bangladesh, 7 years ago
The project is close to the main road. The surrounding area is crowded, but the project atmosphere is very calm and private. There are a large swimming pool and a seating area around where the residents can sit and relax. The condo is shady, but I think the gym is too small and the exercise machines are quite old and very limited. Also, the staff is helpful. The project location is situated in a bustling location wealth of restaurants. There is a pharmacy and a 7-Eleven near the condo. Yet, traveling is also convenient, near the important landmarks such as Jomtien Beach, Pratumnak Viewpoint, and only 2 kilometers close to South Pattaya.
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

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