Unit ID: U1966355
5% Rental Yield
Nong Prue, Pattaya, Chon Buri
฿12,725,000
3 Bedrooms
2.5
Bathrooms
178 SqM
Size
6
Floor
Jun 2011
Completed

About This Condo

This property is a 178 SqM condo with 3 bedrooms and 2.5 bathrooms that is available for sale. It is part of the project in Nong Prue, Pattaya and was completed in Jun 2011. You can buy this condo for a base price of ฿12,725,000 (฿71,489/SqM) and it is also available for long term rentals starting from ฿50,000 per month.

Sale and Rent 3 Bedrooms at Executive Residence II

3 bedrooms and 2.5 bath for sale at Executive Residence II on Phratumnak Hill is an excellent choice for those seeking a combination of luxury and convenience. Here’s a detailed description: Property Details:
  • Size: 178 square meters
  • Bedrooms: 3 spacious bedrooms
  • Bathrooms: 2 full bathrooms and 1 half bathroom, all elegantly designed
  • Balcony: A large balcony that offers ample space for outdoor seating and panoramic views
Features & Highlights:
  • Location: Nestled on Phratumnak Hill, a highly sought-after area known for its upscale ambiance and proximity to key amenities.
  • Proximity: Just a short distance from Cozy Beach, providing a serene spot for relaxation and enjoying the sea breeze.
  • Accessibility: The property offers easy access to Central Pattaya, making trips to shopping centers, dining establishments, and entertainment venues quick and convenient.
  • Building Amenities: Executive Residence II is known for quality facilities, which may include a swimming pool, fitness center, and secure parking (specifics depend on building features).
This residence combines the comfort of spacious living areas with the perks of a prime location, perfect for those looking for both lifestyle and convenience and spacious 

Features

Private PoolPrivate Pool TerraceTerrace Wifi IncludedWifi Included Washing MachineWashing Machine TVTV

Basic Information

Date Listed Nov 10, 2024
Updated 1 hour ago
Property Type Condo
Floor 6
Bedrooms 3
Size 178 SqM
Price per SqM ฿71,489
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%.

Company
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) Sea View, Mountain View, Partial Sea View, Park View, City View, Pool 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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1966355

Investment Opportunity: Charges & Yield

Sale Price
฿12,725,000
Rent
฿50,000/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.
21
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.
5%

Project Details

Project Name: Executive Residence II
Developer: N/A
Construction: Completed (Jun 2011)
Floors: 7
Buildings: N/A
Units: 128
Project Area: N/A
Nearest Landmark Cozy Beach - 0.7 Km
Location: Nong Prue, Pattaya
Executive Residence II 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

Available Units at Executive Residence II

For Sale 2 For Rent 1
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Frequently Asked Questions

Cozy Beach is the nearest Beach from Executive Residence II and it is 0.7 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 Executive Residence II 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
This condo is pretty dated but affordable. It's in a great location.
Erik Finlay, Austria, 10 years ago
I've lived in Pattaya for many years and have spent a lot of money on renting the condos. Then, I decided to buy this 2-bedroom on the 7th floor. The room is generous. Even though the condo is pretty dated, it's reasonable considering the location. Since moving here, I'm so happy. Traveling is super convenient because it's near the main road, which is easy specifically for those who take mini buses or taxis. The facilities in the common area are okay, but it's not as fancy as the new condos. There is a large swimming pool to relax in my spare time, and the staff and security guards are friendly and attentive. Overall, I think this condo is superb!
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Executive Residence II

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
40
Sales Prices
฿4.6M - ฿5.9M
Monthly Rentals
฿22K
Year Built
Jun 2011
Completion Status
Completed
Project Name
Jewel Pratumnak
Location
Nong Prue, Pattaya, Chon Buri
Number of units
121
Sales Prices
฿4M - ฿4.99M
▲ 3.6% overpriced
Monthly Rentals
฿16K - ฿45K
Year Built
Nov 2017
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
157
Sales Prices
฿1.9M - ฿5.3M
▼ -16.2% underpriced
Monthly Rentals
฿9K - ฿12K
Year Built
Nov 2015
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
119
Sales Prices
฿4.5M - ฿7.5M
▼ -8% underpriced
Monthly Rentals
฿10K - ฿20K
Year Built
Dec 2017
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
245
Sales Prices
฿2.9M - ฿5M
▼ -36% underpriced
Monthly Rentals
฿33K
Year Built
Jan 1991
Completion Status
Completed
Project Name
Siam Garden 3
Location
Nong Prue, Pattaya, Chon Buri
Number of units
76
Sales Prices
฿1.93M - ฿3.81M
▼ -21.4% underpriced
Monthly Rentals
N/A
Year Built
Dec 2015
Completion Status
Completed
Project Name
Tudor Court
Location
Nong Prue, Pattaya, Chon Buri
Number of units
136
Sales Prices
฿3.3M - ฿6.99M
▲ 5.5% overpriced
Monthly Rentals
฿20K
Year Built
Dec 2013
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
76
Sales Prices
฿1.69M - ฿2M
▼ -28% underpriced
Monthly Rentals
N/A
Year Built
Dec 2015
Completion Status
Completed
Project Name
Siam Garden 2
Location
Nong Prue, Pattaya, Chon Buri
Number of units
76
Sales Prices
฿2.46M - ฿12M
▼ -2.4% underpriced
Monthly Rentals
N/A
Year Built
Dec 2014
Completion Status
Completed
Project Name
Park Royal 1
Location
Nong Prue, Pattaya, Chon Buri
Number of units
38
Sales Prices
฿1.6M
Monthly Rentals
฿10K
Year Built
May 2009
Completion Status
Completed
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