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    Studio Condo for sale at Park Royal 2
    Nong Prue, Pattaya, Chon Buri
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    Sale Price
    ฿1,850,000
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    Studio Condo for sale at Park Royal 2
     (Write Review)
    Unit ID: U23458
    10% Rental Yield
    Nong Prue, Pattaya, Chon Buri
    ฿1,850,000
    Studio Bedroom
    1
    Bathroom
    44 SqM
    Size
    1
    Floor
    May 2011
    Completed
    6
    Sale Price
    ฿1,850,000

    About This Condo

    This property is a 44 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 May 2011. You can buy this condo for a base price of ฿1,850,000 (฿42,045/SqM) and it is also available for long term rentals starting from ฿15,000 per month.

    Start a New Chapter: Park Royal 2 Studio for Sale and Rent

    Perched atop the iconic Park Royal 2 development, this divine studio condo offers 44 SqM of regenerative residence for sale and long-term rentals. If you're in search of a tranquil lifestyle, commutable to Chon Buri's financial district, you'd be hard-pressed to find a more tantalizing property than this. Completed in May 2011, Park Royal 2 is the pinnacle of modern-day living and presents a plethora of amenities that render this condo a constantly unforgettable strip of real estate.This studio condo offers 1 bathroom, with a grand 42045 THB/sqm base price and the conveniences of both sale and rental opportunities. Start a new chapter of your story amidst the Nong Prue district, invigorated by the quiet serenity revitalizing this area. Here, you'll find yourself at the intersection of modern-day enthusiasm and timeless luxury. An invigorating community of similarly inspired dwellers occupy the grounds, meaning that socialization is as easy as it is delightful. Relinquish your sweltering preoccupations within the rejuvenating confines of your retreat, with the chilled atmosphere of nature's touch.Once your days come to an end and you're ready to retire, the Park Royal 2 befits you with the spacious, cozy calm of your own abode. With reasonable rental rates of 15,000 THB/month, you'll be presented with the sole opportunity to experience a heightened definition of life. Now is the time to start living. Don't miss out on this unique and exclusive transformation, contact us today for further information about this remarkable property.

    Features

    BalconyBalcony MicrowaveMicrowave TVTV

    Basic Information

    Date Listed Oct 10, 2022
    Updated 4 months ago
    Property Type Condo
    Floor 1
    Bedroom Studio
    Size 44 SqM
    Price per SqM ฿42,045
    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
    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) Park View, City 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.
    ฿1,760/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U23458

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿1,850,000
    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.
    ฿1,760/mo
    Rent
    ฿15,000/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.
    10
    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.
    10%

    Project Details

    Project Name: Park Royal 2
    Developer: Vistas Development Co., Ltd
    Construction: Completed (May 2011)
    Floors: 8
    Buildings: 1
    Units: 85
    Project Area: 1,200 SqM
    Nearest Landmark Cozy Beach - 1.2 Km
    Location: Nong Prue, Pattaya
    Park Royal 2 Project Details

    Project Features

    Communal Pool Communal Pool
    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 Park Royal 2

    • All
    • Fitness
    • Leisure
    4
    • Communal Pool
      Rooftop
    • Communal Gym
      Rooftop

    Available Units at Park Royal 2

    For Sale 3 For Rent 1
    • All
    • Studio
    Get notified when new homes are being added to Park Royal 2
    View All (3)

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    Frequently Asked Questions

    No pets are allowed at Park Royal 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 ฿1,760 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.
    Cozy Beach is the nearest Beach from Park Royal 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 Park Royal 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

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    Pattaya
    Nong Prue

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