Unit ID: U1023336
5% Rental Yield
Nong Prue, Pattaya, Chon Buri
฿23,000,000 Great Price
3 Bedrooms
3
Bathrooms
290 SqM
Indoor Area
2
Storeys
Oct 2016
Completed

About This Villa

This property is a 290 SqM villa 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 Oct 2016. You can buy this villa for a base price of ฿23,000,000 (฿79,310/SqM).

Villa Nara Luxury Pool Villa

VILLA NARA ***** - Fully Renovated with style Pop Art Villa - Ultra-modern interior design - Set in a private residential estate - Private 24 sqm swimming pool with Jacuzzi seats - 2 Jacuzzi bathtubs in two ensuite-bathrooms - Decked terrace adjoining the Sala - Located in 5 Star residence with 24hrs security - Indoor and outdoor dining with Pool & Sala - TV and surround system in living room & bedrooms - Prime Location at Pratamnak Hill - Unique 1 min walk from the beach (Private access)

Features

Private PoolPrivate Pool JacuzziJacuzzi Rooftop TerraceRooftop Terrace Private GardenPrivate Garden TerraceTerrace Outdoor ShowersOutdoor Showers Full Western KitchenFull Western Kitchen BathtubBathtub Fully RenovatedFully Renovated (2017)

Basic Information

Date Listed Aug 23, 2021
Updated 6 days ago
Property Type Villa (Single Detached)
Storeys 2
Location Nong Prue, Pattaya
Bedrooms 3
Nearest Landmark Cozy Beach -0.4 Km
Indoor Area 290 SqM
Price per SqM ฿79,310
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
150 SqM
Plot Size 220 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 (Oct 2016)
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) Pool View, Garden View
Unit Type N/A
Parking Spots 1
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.
฿2,320/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1023336

Investment Opportunity: Charges & Yield

Sale Price
฿23,000,000
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.
฿2,320/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.
18
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 3 bedroom villas at Majestic Residence Pratumnak, and the current sales price.
5%

Project Details

Developer: Majestic Residence
Construction: Completed (May 2005)
Units: 77
Project Area: 48,000 SqM
Nearest Landmark Cozy Beach - 0.4 Km
Location: Nong Prue, Pattaya
Majestic Residence Pratumnak Project Details

Project Features

Communal Pool Communal Pool
Bar Bar
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Direct Beach Access Direct Beach Access
Reception / Lobby Area Reception / Lobby Area

Popular Facilities at Majestic Residence Pratumnak

  • Clubhouse
    Ground Floor

Available Units at Majestic Residence Pratumnak

For Sale 6 For Rent 1
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Frequently Asked Questions

All kind of pets are allowed at Majestic Residence Pratumnak including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is ฿8 per square meter based on the size of indoor area of the property and is ฿2,320 for this villa. 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.
Cozy Beach is the nearest Beach from Majestic Residence Pratumnak and it is 0.4 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 Majestic Residence Pratumnak 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
Spacious villa Suitable for the price
Saran Moir, Italy, 5 years ago
The villa is so lovely and relaxing, not far from downtown. It's clean and well-maintained. The breezy atmosphere is beyond expectation, with a direct walkway to the beach, so it's very convenient to go to the sea. I stayed here at my summertime. Our villa is gated, so it's private. My villa has 3 bedrooms with a swimming pool, parking and a garden which is beautifully decorated. You can go for a walk in the evening. The staff is so lovely and helpful. The location is not far from Pattaya city, and the routes are not complicated if you travel by yourself. So convenient!. To me, this is a lovely villa for vacation, peaceful with fewer people. I could fully enjoy my stay.
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Majestic Residence Pratumnak

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 Elegance
Location
Nong Prue, Pattaya, Chon Buri
Number of units
79
Sales Prices
฿1.95M - ฿16.2M
▼ -36% underpriced
Monthly Rentals
N/A
Year Built
Jul 2015
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
126
Sales Prices
฿4.2M - ฿7M
▼ -19% underpriced
Monthly Rentals
฿26K - ฿40K
Year Built
May 2012
Completion Status
Completed
Project Name
The Peak Towers
Location
Nong Prue, Pattaya, Chon Buri
Number of units
474
Sales Prices
฿2.1M - ฿9.9M
▼ -15.8% underpriced
Monthly Rentals
฿11K - ฿50K
Year Built
Feb 2016
Completion Status
Completed
Project Name
Sunrise Hill
Location
Nong Prue, Pattaya, Chon Buri
Number of units
22
Sales Prices
฿8.95M
▼ -9% underpriced
Monthly Rentals
N/A
Year Built
Jan 2012
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
87
Sales Prices
฿2M - ฿6.5M
▼ -6% underpriced
Monthly Rentals
N/A
Year Built
May 2013
Completion Status
Completed
Project Name
Cosy Beach View
Location
Nong Prue, Pattaya, Chon Buri
Number of units
297
Sales Prices
฿2.11M - ฿14.1M
▼ -10.3% underpriced
Monthly Rentals
฿25K - ฿60K
Year Built
Nov 2014
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
123
Sales Prices
฿2.99M - ฿6.8M
▼ -14% underpriced
Monthly Rentals
฿25K - ฿35K
Year Built
May 2009
Completion Status
Completed
Project Name
Nordic Residence
Location
Nong Prue, Pattaya, Chon Buri
Number of units
51
Sales Prices
฿4.89M
▼ -48% underpriced
Monthly Rentals
N/A
Year Built
Dec 2007
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
216
Sales Prices
฿3.99M - ฿13M
▲ 5.6% overpriced
Monthly Rentals
฿17K - ฿85K
Year Built
Dec 2019
Completion Status
Completed
Project Name
Aurora Pratumnak
Location
Nong Prue, Pattaya, Chon Buri
Number of units
117
Sales Prices
฿2M - ฿5.5M
▼ -19.5% underpriced
Monthly Rentals
฿16K - ฿23K
Year Built
Nov 2016
Completion Status
Completed
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