Unit ID: U32867
3% Rental Yield
Tenant-Occupied until Feb 1, 2025
Nong Prue, Pattaya, Chon Buri
฿18,000,000
3 Bedrooms
3
Bathrooms
160 SqM
Indoor Area
2
Storeys
Jun 2010
Completed

About This House

This property is a 160 SqM house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Nong Prue, Pattaya and was completed in Jun 2010. You can buy this house for a base price of ฿18,000,000 (฿112,500/SqM) and it is also available for long term rentals starting from ฿50,000 per month.

Basic Information

Date Listed Sep 4, 2017
Updated 1 week ago
Property Type House
Storeys 2
Location Nong Prue, Pattaya
Bedrooms 3
Nearest Landmark Alcazar Cabaret Show -0.9 Km
Indoor Area 160 SqM
Price per SqM ฿112,500
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 N/A
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 (Jun 2010)
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) Garden View
Unit Type N/A
Parking Spots N/A
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 U32867

Investment Opportunity: Charges & Yield

Sale Price
฿18,000,000
Rent
฿50,000/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.
30
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.
3%

Project Details

Project Name: Central Park 2 Pattaya
Developer: N/A
Construction: Completed (Jun 2010)
Units: 69
Project Area: N/A
Nearest Landmark Alcazar Cabaret Show - 0.9 Km
Location: Nong Prue, Pattaya
Central Park 2 Pattaya Project Details

Project Features

Communal Pool Communal Pool
24H Security 24H Security
Car Parking Car Parking

Available Units at Central Park 2 Pattaya

For Sale 2 For Rent 2
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Frequently Asked Questions

Alcazar Cabaret Show is the nearest Tourist Attraction from Central Park 2 Pattaya 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 Central Park 2 Pattaya 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

Reviews

5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Villa near Pattaya Beach
Li Min Choo, China, 7 years ago
Our family rents a 3-bedroom pool villa with a large and clean swimming pool. The outdoor area around the project is pleasant and shady. The living space is large and fully furnished. The living room has a large TV and a couch. The kitchen in a Western-style is fully equipped. Every bedroom has a TV, bedsheets, and a closet. The villa is quite comfortable and safe. The staff is in charge for 24 hours, near Pattaya Beach, Pattaya Walking Street, and Central Festival Pattaya Beach.
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Central Park 2 Pattaya

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
Location
Nong Prue, Pattaya, Chon Buri
Number of units
720
Sales Prices
฿1.7M
Monthly Rentals
N/A
Year Built
Oct 1998
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
N/A
Sales Prices
฿4.5M
Monthly Rentals
฿35K
Year Built
Mar 2018
Completion Status
Completed
Project Name
LK Legend
Location
Nong Prue, Pattaya, Chon Buri
Number of units
279
Sales Prices
฿2.7M - ฿5.9M
▼ -4% underpriced
Monthly Rentals
฿23K - ฿39K
Year Built
Aug 2010
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
352
Sales Prices
฿1.9M
▼ -29% underpriced
Monthly Rentals
N/A
Year Built
Dec 1987
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
21
Sales Prices
฿15M - ฿18M
Monthly Rentals
N/A
Year Built
Oct 2024
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
130
Sales Prices
฿2.35M
Monthly Rentals
฿28K
Year Built
Jun 2009
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
N/A
Sales Prices
฿1.8M
▼ -31% underpriced
Monthly Rentals
N/A
Year Built
May 2015
Completion Status
Completed
Project Name
9 Karat Condo
Location
Nong Prue, Pattaya, Chon Buri
Number of units
450
Sales Prices
฿860K - ฿1.8M
▼ -12.3% underpriced
Monthly Rentals
฿18K
Year Built
Aug 1992
Completion Status
Completed
Project Name
Tueanjai Village
Location
Nong Prue, Pattaya, Chon Buri
Number of units
100
Sales Prices
฿5.9M
Monthly Rentals
฿20K
Year Built
Dec 2009
Completion Status
Completed
Project Name
The Grass
Location
Nong Prue, Pattaya, Chon Buri
Number of units
664
Sales Prices
฿1.46M - ฿2.95M
▼ -38% underpriced
Monthly Rentals
฿9.5K - ฿18K
Year Built
Jul 2016
Completion Status
Completed
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