Unit ID: U1621816
6% Rental Yield
Tenant-Occupied until May 30, 2025
Nong Prue, Pattaya, Chon Buri
฿17,850,000
6 Bedrooms
5
Bathrooms
252 SqM
Indoor Area
2
Storeys
Jun 2014
Completed

About This House

This property is a 252 SqM house with 6 bedrooms and 5 bathrooms that is available for sale. It is part of the project in Nong Prue, Pattaya and was completed in Jun 2014. You can buy this house for a base price of ฿17,850,000 (฿70,833/SqM) and it is also available for long term rentals starting from ฿90,000 per month.

Features

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

Basic Information

Date Listed Jun 22, 2023
Updated 6 months ago
Property Type House (Single Detached)
Storeys 2
Location Nong Prue, Pattaya
Bedrooms 6
Nearest Landmark Outlet Mall Pattaya -2.1 Km
Indoor Area 252 SqM
Price per SqM ฿70,833
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 All Kind of Pets Allowed
House Ownership

Foreign nationals can own the building (house) in their own name, but not the land that it stands on.

Thai Ownership
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 2014)
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 3
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
Each listing provided by partnered agents is individually verified by BPP. Partner Agents work for different brokerages or property management companies but have teamed up with BPP so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1621816

Investment Opportunity: Charges & Yield

Sale Price
฿17,850,000
Rent
฿90,000/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.
17
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.
6%

Project Details

Project Name: Central Park 4 Village
Developer: N/A
Construction: Completed (Jun 2014)
Units: 65
Project Area: N/A
Nearest Landmark Outlet Mall Pattaya - 2.1 Km
Location: Nong Prue, Pattaya
Central Park 4 Village Project Details

Project Features

Communal Pool Communal Pool
Clubhouse Clubhouse
24H Security 24H Security
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking

Available Units at Central Park 4 Village

For Sale 3 For Rent 4
Get notified when new homes are being added to Central Park 4 Village
View All (3)

Loan Calculator

Frequently Asked Questions

All kind of pets are allowed at Central Park 4 Village including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Outlet Mall Pattaya is the nearest Shopping Mall from Central Park 4 Village and it is 2.1 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 4 Village 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

4.5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Fantastic project with the beautiful house
Piphat A., Thailand, 8 years ago
I bought the house here because of the location that allows my family to live a comfortable life. Inside the house, there is a very spacious living area and well-divided spaces into many rooms. In addition, the surrounding atmosphere is very quiet. The neighbors are lovely, and security guards take good care of other residents and us. It is very convenient to travel by car because it is close to Sukhumvit Road. Overall this place is excellent. It could be one of the fantastic projects in Pattaya, perfect for relaxing. It has a swimming pool as well. Great value.
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Central Park 4 Village

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
28
Sales Prices
฿6.9M - ฿12M
Monthly Rentals
N/A
Year Built
Jun 2013
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
45
Sales Prices
฿6.3M - ฿17.9M
▼ -15% underpriced
Monthly Rentals
฿39K - ฿75K
Year Built
Jun 2009
Completion Status
Completed
Project Name
Winston Village
Location
Nong Prue, Pattaya, Chon Buri
Number of units
4
Sales Prices
฿4.3M
▲ 15% overpriced
Monthly Rentals
N/A
Year Built
Aug 2017
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
43
Sales Prices
฿17.9M
▼ -4% underpriced
Monthly Rentals
฿20K
Year Built
Nov 2010
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
110
Sales Prices
฿16.9M - ฿45M
▼ -3% underpriced
Monthly Rentals
฿49K - ฿100K
Year Built
Nov 2008
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
25
Sales Prices
฿11.9M - ฿12M
▲ 17% overpriced
Monthly Rentals
N/A
Year Built
Dec 2010
Completion Status
Completed
Project Name
Tropical Village
Location
Nong Prue, Pattaya, Chon Buri
Number of units
70
Sales Prices
฿4.5M - ฿5.6M
▲ 2% overpriced
Monthly Rentals
฿23K - ฿35K
Year Built
Dec 2008
Completion Status
Completed
Project Name
Amorn Village
Location
Nong Prue, Pattaya, Chon Buri
Number of units
75
Sales Prices
฿7.8M - ฿19M
▼ -40% underpriced
Monthly Rentals
฿38K - ฿67K
Year Built
Apr 2014
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
120
Sales Prices
฿3.9M
▼ -20% underpriced
Monthly Rentals
฿28K
Year Built
May 2000
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
331
Sales Prices
฿1.6M - ฿6.5M
▼ -13% underpriced
Monthly Rentals
฿8K - ฿12K
Year Built
Jul 2013
Completion Status
Completed
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