Unit ID: U1848530
4% Rental Yield
Tenant-Occupied until Dec 31, 2024
Nong Prue, Pattaya, Chon Buri
฿23,900,000
5 Bedrooms
4.5
Bathrooms
267.20 SqM
Indoor Area
2
Storeys
Dec 2022
Completed

About This Villa

This property is a 267.20 SqM villa with 5 bedrooms and 4.5 bathrooms that is available for sale. It is part of the project in Nong Prue, Pattaya and was completed in Dec 2022. You can buy this villa for a base price of ฿23,900,000 (฿89,446/SqM).

Features

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

Basic Information

Date Listed May 27, 2024
Updated 6 months ago
Property Type Villa (Single Detached)
Storeys 2
Location Nong Prue, Pattaya
Bedrooms 5
Nearest Landmark Jomtien Beach North -0.9 Km
Indoor Area 267.20 SqM
Price per SqM ฿89,446
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 267.20 SqM
Pets Cats and Dogs (all sizes)
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 N/A
Construction Completed (Dec 2022)
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 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.
฿9,352/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1848530

Investment Opportunity: Charges & Yield

Sale Price
฿23,900,000
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.
฿9,352/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.
24
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 5 bedroom villas at Serenity Jomtien Villas, and the current sales price.
4%

Project Details

Project Name: Serenity Jomtien Villas
Construction: Completed (Dec 2022)
Units: 26
Project Area: 12,128 SqM
Nearest Landmark Jomtien Beach North - 0.9 Km
Location: Nong Prue, Pattaya
Serenity Jomtien Villas Project Details

Project Features

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

Available Units at Serenity Jomtien Villas

For Sale 4 For Rent 1
Get notified when new homes are being added to Serenity Jomtien Villas
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Frequently Asked Questions

Dogs, cats and small pets like rabbits, hamsters and guinea pigs are allowed at Serenity Jomtien Villas.
The common area maintenance fee is ฿35 per square meter based on the plot size of the property and is ฿9,352 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.
For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At Serenity Jomtien Villas the required payment for the sinking fund is ฿1,000 per square meter based on the size of the plot size of the property.
Jomtien Beach North is the nearest Beach from Serenity Jomtien Villas 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 Serenity Jomtien Villas you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
30%
2nd Installment
interim payment
30%
3rd Installment
2nd interim payment
30%
4th Installment
On handover
10%


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

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Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Serenity Jomtien Villas

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
30
Sales Prices
฿1.85M - ฿3M
▼ -16% underpriced
Monthly Rentals
฿15K
Year Built
Feb 2009
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
56
Sales Prices
฿21M - ฿35M
▼ -6% underpriced
Monthly Rentals
฿65K - ฿150K
Year Built
Oct 2009
Completion Status
Completed
Project Name
Gardenia Pattaya
Location
Nong Prue, Pattaya, Chon Buri
Number of units
54
Sales Prices
฿6M - ฿9.5M
Monthly Rentals
฿50K - ฿77K
Year Built
May 2023
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
56
Sales Prices
฿12.9M
▲ 5% overpriced
Monthly Rentals
฿65K
Year Built
Jun 2022
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
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Sales Prices
฿2.98M - ฿22.2M
Monthly Rentals
฿19.8K
Year Built
Apr 2027
Completion Status
Off Plan
Project Name
View Talay Villas
Location
Nong Prue, Pattaya, Chon Buri
Number of units
120
Sales Prices
฿12.9M - ฿14.5M
▼ -27% underpriced
Monthly Rentals
฿40K - ฿75K
Year Built
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Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
38
Sales Prices
฿3.57M
▲ 31% overpriced
Monthly Rentals
N/A
Year Built
Jun 2009
Completion Status
Completed
Project Name
The Park Jomtien
Location
Nong Prue, Pattaya, Chon Buri
Number of units
162
Sales Prices
฿5.3M - ฿6.7M
Monthly Rentals
฿30K - ฿42.5K
Year Built
Dec 2010
Completion Status
Completed
Location
Na Chom Thian, Pattaya, Chon Buri
Number of units
N/A
Sales Prices
฿16.5M
▲ 1% overpriced
Monthly Rentals
N/A
Year Built
Dec 2010
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
70
Sales Prices
฿2.95M - ฿4.5M
▼ -18% underpriced
Monthly Rentals
฿18K - ฿28K
Year Built
Oct 2010
Completion Status
Completed
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