Unit ID: U1906425
10% Rental Yield
Nong Prue, Pattaya, Chon Buri
฿4,900,000
3 Bedrooms
2
Bathrooms
100 SqM
Size
4
Floor
Mar 2012
Completed

About This Condo

This property is a 100 SqM condo with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Nong Prue, Pattaya and was completed in Mar 2012. You can buy this condo for a base price of ฿4,900,000 (฿49,000/SqM) and it is also available for long term rentals starting from ฿39,000 per month.

Elegant 3 bed 2bath 100 sqm Corner Unit in Pratamnak Soi 6

Location: Located in the prestigious Pratamnak area on Soi 6, this exquisite condo at Park Royal 3 offers the perfect combination of luxury and convenience. Pratamnak is known for its serene, upscale environment while being just minutes away from the vibrant city life of Pattaya. The condo is a short walk from the beach, providing easy access to sun, sand, and sea. You'll also enjoy easy access to local landmarks, shopping, and entertainment venues. Size and Layout: This spacious double corner unit spans 100 square meters and features 3 bedrooms and 2 bathrooms, perfect for families or those who appreciate extra space. The open-plan layout enhances the flow between the living, dining, and kitchen areas, creating an airy and comfortable living space. Amenities: Park Royal 3 is equipped with top-notch amenities to cater to your lifestyle needs:
  • A luxurious swimming pool, ideal for relaxation or exercise
  • A modest fitness area with essential workout machines
  • A soothing sauna for ultimate relaxation
  • A stunning rooftop terrace offering panoramic views
  • Secure covered parking facilities
  • 24/7 security, ensuring a safe and peaceful living environment
  • WiFi included for your convenience
Unique Features:
  • Two Private Balconies: Enjoy breathtaking ocean views from your two private balconies, perfect for relaxing or entertaining.
  • Modern Interior Design: The condo features contemporary furnishings and high-quality finishes, providing a stylish and comfortable living space.
  • Fully Equipped Kitchen: The modern kitchen comes with all the necessary appliances and ample storage, perfect for home-cooked meals.
  • Recent Renovations: The condo has been recently renovated to meet high standards of luxury and comfort.
  • Ocean View: The unit offers stunning ocean views, making every day feel like a vacation.
  • Overlooks the Russian Night Market: Enjoy the vibrant atmosphere and convenience of being near the Russian Night Market, perfect for evening outings.
  • Low Rise Building: Enjoy the tranquility and privacy of a low-rise building.
  • Close Proximity to the Beach: A short walk brings you to the beautiful beach, where you can enjoy sun, sand, and sea whenever you like.
Additional Selling Points:
  • Nearby Schools: The condo is conveniently located near several reputable schools, making it an ideal choice for families.
  • Public Transportation: Excellent public transport options are available, ensuring easy access to different parts of Pattaya.
  • Shopping and Dining: Close to some of Pattaya’s best shopping centers, restaurants, and cafes, offering a variety of dining and entertainment options.
Don’t miss out on this incredible opportunity to own or rent a piece of paradise in one of Pattaya’s most desirable locations. Contact us today to schedule a viewing and experience the luxury and convenience of Park Royal 3 for yourself.

Features

Private GymPrivate Gym Private SaunaPrivate Sauna Rooftop TerraceRooftop Terrace Covered ParkingCovered Parking Corner UnitCorner Unit BalconyBalcony Wifi IncludedWifi Included Outdoor ShowersOutdoor Showers Full Western KitchenFull Western Kitchen Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Date Listed Aug 2, 2024
Updated 3 months ago
Property Type Condo
Floor 4
Bedrooms 3
Size 100 SqM
Price per SqM ฿49,000
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) Partial Sea View, City View, Pool View, Unblocked Open View
Unit Type N/A
Building Building B
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.
฿4,000/mo
Listed By
N/A
Electricity Price N/A
Water Price N/A
Unit ID U1906425

Investment Opportunity: Charges & Yield

Sale Price
฿4,900,000
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.
฿4,000/mo
Rent
฿39,000/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 3
Construction: Completed (Mar 2012)
Floors: 8
Buildings: 2
Units: 140
Project Area: N/A
Nearest Landmark Pratumnak Beach - 0.1 Km
Location: Nong Prue, Pattaya
Park Royal 3 Project Details

Project Features

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
Communal Garden Area Communal Garden Area
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Park Royal 3

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

Available Units at Park Royal 3

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

Loan Calculator

Payment Plan

Foreign Ownership
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Upon contract signing
30%
2nd Installment
1 months after contract signing
70%
Thai or Company Ownership
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Upon contract signing
15%
2nd Installment
1 months after contract signing
85%

Frequently Asked Questions

No pets are allowed at Park Royal 3 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 ฿4,000 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.
Pratumnak Beach is the nearest Beach from Park Royal 3 and it is 0.1 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 3 you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


Foreign Ownership
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Upon contract signing
30%
2nd Installment
1 months after contract signing
70%
Thai or Company Ownership
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Upon contract signing
15%
2nd Installment
1 months after contract signing
85%

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

3.8 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Quiet, surrounded by complete facilities.
Harriett Boris, Spain, 6 years ago
A good condo in a quiet location, just 5 minutes to Pattaya's center, where you can find all local amenities such as restaurants, bars, and shops. Plus, on the opposite of the project is a night market. The condo is clean with underground parking, a swimming pool, and a relaxation area. The size of my one-bedroom unit is approximately 45 square meters. It's in perfect size with a nice layout. There is a bedroom, a living room, and a kitchen, a 4-seat dining set. I like the balcony corner as it's moderately wide to fit a small table to chill in the nice weather. My neighbors are both Thai and foreigners, which live together in peace. I would recommend you rent the motorbike to get around conveniently, and it will be fun. The price is reasonable that you wouldn't expect.
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Park Royal 3

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
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Project Name
Laguna Bay 1
Location
Nong Prue, Pattaya, Chon Buri
Number of units
74
Sales Prices
฿1.3M - ฿2.39M
▼ -10.7% underpriced
Monthly Rentals
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Year Built
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Completion Status
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Location
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Number of units
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฿4.98M - ฿15.4M
▲ 5.7% overpriced
Monthly Rentals
฿20K - ฿65K
Year Built
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Completion Status
Completed
Project Name
Laguna Bay 2
Location
Nong Prue, Pattaya, Chon Buri
Number of units
156
Sales Prices
฿1.9M - ฿2.5M
▼ -46% underpriced
Monthly Rentals
N/A
Year Built
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Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
400
Sales Prices
฿1.2M - ฿1.29M
▼ -46% underpriced
Monthly Rentals
฿6K
Year Built
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Completion Status
Completed
Project Name
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Location
Nong Prue, Pattaya, Chon Buri
Number of units
418
Sales Prices
฿1.4M - ฿3.5M
▼ -36% underpriced
Monthly Rentals
฿8K - ฿28K
Year Built
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Completion Status
Completed
Project Name
Arunothai Condo
Location
Nong Prue, Pattaya, Chon Buri
Number of units
66
Sales Prices
฿2.07M - ฿8M
▼ -8.3% underpriced
Monthly Rentals
N/A
Year Built
Nov 2016
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
60
Sales Prices
฿2M - ฿4.2M
▼ -26.3% underpriced
Monthly Rentals
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Year Built
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Completion Status
Completed
Project Name
Nova Ocean View
Location
Nong Prue, Pattaya, Chon Buri
Number of units
78
Sales Prices
฿3.9M - ฿9M
▼ -18.5% underpriced
Monthly Rentals
฿11K - ฿35K
Year Built
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Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
79
Sales Prices
฿1.75M - ฿9.9M
▼ -25% underpriced
Monthly Rentals
N/A
Year Built
Jun 2014
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
77
Sales Prices
฿12.5M
Monthly Rentals
฿25K
Year Built
Nov 1995
Completion Status
Completed
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