Unit ID: U1809200
5% Rental Yield
Tenant-Occupied until Jul 31, 2025
Bang Sare, Pattaya, Chon Buri
฿4,000,000
3 Bedrooms
2
Bathrooms
85 SqM
Indoor Area
1
Storeys
Completed

About This House

This property is a 85 SqM house with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Bang Sare, Pattaya. You can buy this house for a base price of ฿4,000,000 (฿47,059/SqM) and it is also available for long term rentals starting from ฿15,000 per month.

Basic Information

Date Listed Apr 20, 2024
Updated 1 month ago
Property Type House
Storeys 1
Location Bang Sare, Pattaya
Bedrooms 3
Nearest Landmark Bang Saray Beach -4.6 Km
Indoor Area 85 SqM
Price per SqM ฿47,059
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
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) N/A
Unit Type N/A
Parking Spots N/A
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
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1809200

Investment Opportunity: Charges & Yield

Sale Price
฿4,000,000
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.
22
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: Navy House 41
Developer: N/A
Construction: Completed (May 2017)
Units: 220
Project Area: N/A
Nearest Landmark Bang Saray Beach - 4.6 Km
Location: Bang Sare, Pattaya
Navy House 41 Project Details

Project Features

24H Security 24H Security
Communal Garden Area Communal Garden Area

Available Units at Navy House 41

For Sale 1 For Rent 2
Get notified when new homes are being added to Navy House 41
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Frequently Asked Questions

All kind of pets are allowed at Navy House 41 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Bang Saray Beach is the nearest Beach from Navy House 41 and it is 4.6 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 Navy House 41 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

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Pattaya
Bang Sare

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Navy House 41

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
Project Name
Kredkeaw 8
Location
Bang Sare, Sattahip, Chon Buri
Number of units
40
Sales Prices
฿4.99M
Monthly Rentals
N/A
Year Built
Aug 2014
Completion Status
Completed
Location
Bang Sare, Sattahip, Chon Buri
Number of units
70
Sales Prices
฿2.99M
▲ 6% overpriced
Monthly Rentals
N/A
Year Built
Jan 2015
Completion Status
Completed
Project Name
Navy House 39
Location
Bang Sare, Sattahip, Chon Buri
Number of units
131
Sales Prices
฿2.95M
Monthly Rentals
N/A
Year Built
Jan 2017
Completion Status
Completed
Location
Bang Sare, Sattahip, Chon Buri
Number of units
N/A
Sales Prices
฿16.9M - ฿17.8M
Monthly Rentals
฿85K
Year Built
N/A
Completion Status
Completed
Location
Bang Sare, Sattahip, Chon Buri
Number of units
70
Sales Prices
฿2.5M - ฿6.9M
▲ 7% overpriced
Monthly Rentals
N/A
Year Built
Jul 2011
Completion Status
Completed
Project Name
Suetrong Serene
Location
Bang Sare, Sattahip, Chon Buri
Number of units
N/A
Sales Prices
฿7.9M
Monthly Rentals
฿60K
Year Built
N/A
Completion Status
Completed
Location
Bang Sare, Sattahip, Chon Buri
Number of units
44
Sales Prices
฿8.5M - ฿31.5M
▼ -4.9% underpriced
Monthly Rentals
฿35K
Year Built
Jun 2018
Completion Status
Completed
Project Name
Sunplay
Location
Bang Sare, Sattahip, Chon Buri
Number of units
48
Sales Prices
฿22.9M - ฿180M
▲ 31% overpriced
Monthly Rentals
N/A
Year Built
Jan 2020
Completion Status
Completed
Location
Bang Sare, Sattahip, Chon Buri
Number of units
70
Sales Prices
฿2.7M - ฿2.8M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Project Name
Navy House 31
Location
Sattahip, Sattahip, Chon Buri
Number of units
80
Sales Prices
฿3.2M
Monthly Rentals
N/A
Year Built
Dec 2014
Completion Status
Completed
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