Unit ID: U1413238
4% Rental Yield
Tenant-Occupied until Aug 1, 2024
Nong Prue, Pattaya, Chon Buri
Sold
3 Bedrooms
2
Bathrooms
1,399 Sqft
Indoor Area
1
Storeys
Completed

About This House

This property is a 1,399 Sqft house with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the Chokchai Garden Home 3 project in Nong Prue, Pattaya. You can buy this house for a base price of $132,000 ($94/Sqft) and it is also available for long term rentals starting from $466 per month.

Features

TerraceTerrace Covered ParkingCovered Parking

Basic Information

Date Listed May 24, 2023
Updated 10 months ago
Property Type House (Single Detached)
Storeys 1
Location Nong Prue, Pattaya
Bedrooms 3
Nearest Landmark Central Marina Pattaya -3.1 Km
Indoor Area 1,399 Sqft
Price per Sqft $94
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
2,756 Sqft
Plot Size 11,022 Sqft
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.

Thai Ownership
Land Title Deed Chanote
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) Garden View
Unit Type N/A
Parking Spots 2
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 U1413238

Investment Opportunity: Charges & Yield

Rent
$466/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.
24
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.
4%

Project Details

Project Name: Chokchai Garden Home 3
Developer: N/A
Construction: Completed (Jul 2009)
Units: 81
Project Area: N/A
Nearest Landmark Central Marina Pattaya - 3.1 Km
Location: Nong Prue, Pattaya
Chokchai Garden Home 3 Project Details

Project Features

Communal Pool Communal Pool
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
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Available Units at Chokchai Garden Home 3

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Frequently Asked Questions

All kind of pets are allowed at Chokchai Garden Home 3 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Central Marina Pattaya is the nearest Shopping Mall from Chokchai Garden Home 3 and it is 3.1 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 Chokchai Garden Home 3 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

Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Reviews

4 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Quality detached house in a great location
Kong S., Thailand, 6 years ago
I bought this house months ago. The house is in a convenient spot close to restaurants, convenient stores, and many retail outlets. The design is modern, simple yet practical. The materials used in the interior are of premium grade and good quality. It's a two-story house with 3 bedrooms and 2 bathrooms, functional layout design, suite to a large family living. Plus, there are well-maintained spacious common areas such as a large swimming pool, a 24-hour security system, a convenient and organized parking lot. By the way, the neighbors are good and friendly.
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Chokchai Garden Home 3

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
102
Sales Prices
$150.85K
Monthly Rentals
$686 - $823
Year Built
Feb 2004
Completion Status
Completed
Project Name
Chatkaew 9
Location
Nong Prue, Pattaya, Chon Buri
Number of units
200
Sales Prices
$52.11K
Monthly Rentals
N/A
Year Built
Mar 1998
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
92
Sales Prices
$57.6K
Monthly Rentals
$233
Year Built
Jan 2010
Completion Status
Completed
Project Name
Paradise Hill 2
Location
Nong Prue, Pattaya, Chon Buri
Number of units
186
Sales Prices
$122.05K - $191.99K
▼ -14% underpriced
Monthly Rentals
$686
Year Built
Jan 2008
Completion Status
Completed
Project Name
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Location
Nong Prue, Pattaya, Chon Buri
Number of units
848
Sales Prices
$26.06K - $38.4K
▼ -2% underpriced
Monthly Rentals
N/A
Year Built
Jun 2015
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
277
Sales Prices
$123.42K
Monthly Rentals
N/A
Year Built
Jul 2009
Completion Status
Completed
Project Name
Thanyawan Home
Location
Nong Prue, Pattaya, Chon Buri
Number of units
56
Sales Prices
$142.62K - $159.08K
▼ -33% underpriced
Monthly Rentals
N/A
Year Built
Feb 2007
Completion Status
Completed
Project Name
Supanuch Village
Location
Nong Prue, Pattaya, Chon Buri
Number of units
19
Sales Prices
$189.25K
▼ -44% underpriced
Monthly Rentals
$1.51K
Year Built
Mar 2005
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
69
Sales Prices
$178.28K - $185.13K
▼ -16% underpriced
Monthly Rentals
$494 - $686
Year Built
Jul 2008
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
36
Sales Prices
$79.54K
▼ -48% underpriced
Monthly Rentals
$823
Year Built
N/A
Completion Status
Completed
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