Unit ID: U1965385
7% Rental Yield
Nong Prue, Pattaya, Chon Buri
฿7,100,000
4 Bedrooms
3
Bathrooms
300 SqM
Indoor Area
2
Storeys
Jun 2009
Completed

About This House

This property is a 300 SqM house with 4 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Nong Prue, Pattaya and was completed in Jun 2009. You can buy this house for a base price of ฿7,100,000 (฿23,667/SqM) and it is also available for long term rentals starting from ฿39,000 per month.

Features

Rooftop TerraceRooftop Terrace Private GardenPrivate Garden Garden AccessGarden Access Covered ParkingCovered Parking

Basic Information

Date Listed Nov 11, 2024
Updated 3 days ago
Property Type House (Single Detached)
Storeys 2
Location Nong Prue, Pattaya
Bedrooms 4
Nearest Landmark Jomtien Beach South -3.7 Km
Indoor Area 300 SqM
Price per SqM ฿23,667
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
72 SqM
Plot Size 372 SqM
Pets Cats and Dogs (small only)
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.

Thai Ownership
Land Title Deed Chanote
Construction Completed (Jun 2009)
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) N/A
Unit Type N/A
Parking Spots 3
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
Each listing provided by partnered agents is individually verified by SamuiTimes. Partner Agents work for different brokerages or property management companies but have teamed up with SamuiTimes so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1965385

Investment Opportunity: Charges & Yield

Sale Price
฿7,100,000
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.
15
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.
7%

Project Details

Project Name: Central Park 5 Village
Developer: N/A
Construction: Completed (Jun 2009)
Units: 45
Project Area: N/A
Nearest Landmark Jomtien Beach South - 3.7 Km
Location: Nong Prue, Pattaya
Central Park 5 Village Project Details

Project Features

Communal Pool Communal Pool
Bar Bar
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking

Available Units at Central Park 5 Village

For Sale 5 For Rent 2
Get notified when new homes are being added to Central Park 5 Village
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Frequently Asked Questions

All kind of pets are allowed at Central Park 5 Village including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Jomtien Beach South is the nearest Beach from Central Park 5 Village and it is 3.7 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 Central Park 5 Village 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

Reviews

4.3 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
An exceptional detached house project with complete facilities
Peranda Lertwilai, Thailand, 5 years ago
I decided to rent a detached house in this project to live with my family. The house I rented has 2 bedrooms and 3 bathrooms. The interior has a very modern design with quality furnishings. The house is also well-proportioned. There is also a small garden area in front of the house with a medium-sized swimming pool, and my son fancies it the most. Besides, there are full facilities, such as a clubhouse, a swimming pool, a playground, 24/7 security guards, and CCTV around the project. The estate is close to restaurants, convenience stores, and shopping malls. I'm very pleased to live in this place.
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Central Park 5 Village

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
Winston Village
Location
Nong Prue, Pattaya, Chon Buri
Number of units
4
Sales Prices
฿4.3M
▲ 15% overpriced
Monthly Rentals
N/A
Year Built
Aug 2017
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
28
Sales Prices
฿6.9M
Monthly Rentals
฿65K
Year Built
Jun 2013
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
65
Sales Prices
฿3.9M - ฿17.8M
▲ 1% overpriced
Monthly Rentals
฿25K - ฿90K
Year Built
Jun 2014
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
110
Sales Prices
฿22.1M - ฿45M
▼ -3% underpriced
Monthly Rentals
฿49K - ฿100K
Year Built
Nov 2008
Completion Status
Completed
Project Name
Eakmongkol 4
Location
Nong Prue, Pattaya, Chon Buri
Number of units
1400
Sales Prices
฿2.65M - ฿9.7M
▼ -20% underpriced
Monthly Rentals
฿15K - ฿28K
Year Built
Jun 2009
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
25
Sales Prices
฿11.9M - ฿12M
▲ 17% overpriced
Monthly Rentals
N/A
Year Built
Dec 2010
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
N/A
Sales Prices
฿30M
Monthly Rentals
฿250K
Year Built
N/A
Completion Status
Completed
Project Name
Park Rung Ruang
Location
Nong Prue, Pattaya, Chon Buri
Number of units
40
Sales Prices
฿2.69M - ฿8M
▼ -25% underpriced
Monthly Rentals
N/A
Year Built
Nov 1998
Completion Status
Completed
Project Name
Tropical Village
Location
Nong Prue, Pattaya, Chon Buri
Number of units
70
Sales Prices
฿4.5M - ฿5.6M
▲ 2% overpriced
Monthly Rentals
฿23K - ฿35K
Year Built
Dec 2008
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
100
Sales Prices
฿11M - ฿16.9M
Monthly Rentals
฿35K - ฿40K
Year Built
Dec 1997
Completion Status
Completed
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