Unit ID: U150650
10% Rental Yield
Nong Prue, Pattaya, Chon Buri
฿1,550,000
Studio Bedroom
1
Bathroom
34.95 SqM
Size
3
Floor
Jul 2010
Completed

About This Condo

This property is a 34.95 SqM studio condo with 1 bathroom that is available for sale. It is part of the project in Nong Prue, Pattaya and was completed in Jul 2010. You can buy this condo for a base price of ฿1,550,000 (฿44,349/SqM).

Features

Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed Oct 9, 2019
Updated 4 years ago
Property Type Condo
Floor 3
Bedroom Studio
Size 34.95 SqM
Price per SqM ฿44,349
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
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) Mountain View
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.
฿1,398/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U150650

Investment Opportunity: Charges & Yield

Sale Price
฿1,550,000
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.
฿1,398/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.
10
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 studio condos at Hyde Park Residence 2, and the current sales price.
10%

Project Details

Project Name: Hyde Park Residence 2
Developer: Matrix
Construction: Completed (Jul 2010)
Floors: 8
Buildings: 1
Units: 109
Project Area: 2,080 SqM
Nearest Landmark South Pattaya Beach - 1.2 Km
Location: Nong Prue, Pattaya
Hyde Park Residence 2 Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area

Popular Facilities at Hyde Park Residence 2

  • Communal Pool
    Rooftop
  • Reception / Lobby Area
    Ground Floor
  • Communal Gym
    Rooftop

Available Units at Hyde Park Residence 2

For Sale 4 For Rent 7
Get notified when new homes are being added to Hyde Park Residence 2
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Frequently Asked Questions

No pets are allowed at Hyde Park Residence 2 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 ฿40 per square meter based on the size of indoor area of the property and is ฿1,398 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.
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 Hyde Park Residence 2 the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
South Pattaya Beach is the nearest Beach from Hyde Park Residence 2 and it is 1.2 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 Hyde Park Residence 2 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

4.2 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Great location and a perfect place to enjoy Pattaya's most famous city of lights, sounds, and beaches
Farida V., Thailand, 5 years ago
Renting the Hyde Park Residences 2 this time is very worthwhile. The condo is decorated in a warm atmosphere and suitable for real relaxation. The room interior is simple and stylish decoration with full of amenities. The project common area is propitious, such as a large swimming pool with a Jacuzzi and a complete fitness room. It matches my vacation needs so much. The project is located in an area that I can easily get around, such as Jomtien Beach, Pattaya Beach, Food Mart, and nightlife spots like Pattaya. It is an ideal project for relaxation. If anyone is looking for a condo for vacation rentals, recommend here. All are in one place.
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Hyde Park Residence 2

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
79
Sales Prices
฿3.09M
▼ -18% underpriced
Monthly Rentals
N/A
Year Built
Sep 2008
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
252
Sales Prices
฿1.67M - ฿4.88M
▲ 2.6% overpriced
Monthly Rentals
฿9.97K - ฿12K
Year Built
Jun 2021
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
1207
Sales Prices
฿1.98M - ฿11.4M
▼ -16.7% underpriced
Monthly Rentals
฿7.97K - ฿34.9K
Year Built
Dec 2015
Completion Status
Completed
Project Name
Pattaya Heights
Location
Nong Prue, Pattaya, Chon Buri
Number of units
94
Sales Prices
฿4.77M - ฿5.58M
▼ -18% underpriced
Monthly Rentals
N/A
Year Built
Jun 2009
Completion Status
Completed
Project Name
Park Royal 2
Location
Nong Prue, Pattaya, Chon Buri
Number of units
85
Sales Prices
฿1.53M - ฿2.49M
▼ -35% underpriced
Monthly Rentals
฿14.9K
Year Built
May 2011
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
35
Sales Prices
฿5.28M
▼ -6% underpriced
Monthly Rentals
฿29.9K
Year Built
Nov 2007
Completion Status
Completed
Project Name
Park Royal 1
Location
Nong Prue, Pattaya, Chon Buri
Number of units
38
Sales Prices
฿1.59M
Monthly Rentals
฿9.97K
Year Built
May 2009
Completion Status
Completed
Project Name
Jomtien Niwet
Location
Nong Prue, Pattaya, Chon Buri
Number of units
N/A
Sales Prices
฿8.47M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
656
Sales Prices
฿2.19M - ฿3.2M
Monthly Rentals
N/A
Year Built
Jan 2027
Completion Status
Off Plan
Location
Nong Prue, Pattaya, Chon Buri
Number of units
1350
Sales Prices
฿1.59M - ฿5.13M
▲ 3.1% overpriced
Monthly Rentals
฿7.97K - ฿24.9K
Year Built
Nov 2019
Completion Status
Completed
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