Porch Land 2

4.5 (1 Review)

Nong Prue, Pattaya, Chon Buri

Unit ID: U1047542
10% Rental Yield
฿1,350,000
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
37 SqM Size
Floors
7 Floor
Construction
Jun 2012 Completed

About This Condo

This property is a 37 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Porch Land 2 project in Nong Prue, Pattaya and was completed in Jun 2012. You can buy this condo for a base price of ฿1,350,000 (฿36,486/SqM).

The Porchland 2 : Construction of Porchland 2 was completed in 2013. Condominium comprises of 2 buildings, having 8 floors and includes 154 units. Porchland 2 is a condo project. Porchland 2 at Nong Prue, Pattaya has the following facilities: fitness, garden, parking, security and swimming pool. Common fee is ฿20 per sqm per month. - 7th Floor; - 37 Sq.m.; - 1 Bedroom, - 1 Bathroom, - European Kitchen; - Fully furnished; - City view; - Foreign name;

Features

BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Property Type Condo
Floor 7
Bedroom 1
Size 37 SqM
Price per SqM ฿36,486
Condo Ownership

Foreign nationals can be freehold owners of condominium units, in buildings where not 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 that is currently below 49%.

Foreign 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) City 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.
฿370/mo
Listed By
Each listing provided by partnered agents is individually verified by BangkokPost. Partner Agents work for different brokerages or property management companies but have teamed up with BangkokPost so that we can provide you a wider choice of properties
Agent / Partner
Date Listed Dec 15, 2021
Last Updated 6 months ago
Unit ID U1047542

Investment Opportunity: Charges & Yield

Sale Price
฿1,350,000
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.
฿370/mo
Est. Rent
฿11,800/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 based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 1 bedroom condos at Porch Land 2 , and the current sales price.
10%

Project Details

Project Name: Porch Land 2
Developer: Porch Land Group
Construction: Completed (Jun 2012)
Floors: 8
Buildings: N/A
Units: 154
Project Area: N/A
Nearest Landmark Pattaya Floating Market - 1.1 Km
Location: Nong Prue, Pattaya, Chon Buri
Porch Land 2 Project Details

Project Features

On Site Restaurant On Site Restaurant
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 Porch Land 2

For Sale 5 For Rent 2

Loan Calculator

Frequently Asked Questions

The common area maintenance fee is ฿10 per square meter based on the size of indoor area of the property and is ฿370 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.
Pattaya Floating Market is the nearest Market from Porch Land 2 and it is 1.1 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 Porch Land 2 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

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

4.5 out of 5 4.5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Good atmosphere, near Jomtien Beach
4.5 Nadine O., Norway, 1 year ago
The project atmosphere is extremely good. Every area is designed in a resort-style. Despite its proximity to the main road, it provides privacy. It is not crowded because there aren't many units. It can meet the needs of those who want to enjoy privacy. The location is excellent, just 10 minutes away from Jomtien Beach. The project is surrounded by numerous facilities, such as hospitals, department stores, tourist attractions, convenience stores, restaurants, etc. Besides, my one-bedroom unit has a large balcony and a beautiful sea view. The room also has an amazing interior design, and the material is high quality. As for the common area, there are many facilities available, such as a swimming pool, fitness center, saunas, etc. I frequently use it and am very happy.
Pattaya
Nong Prue

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