3 Bedroom House for sale at Siam Place 2

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Nong Prue, Pattaya, Chon Buri
Unit ID: U1060100
10% Rental Yield
฿5,000,000
3 Bedrooms
3 Bathrooms
160 SqM Indoor Area
1 Storeys
Dec 2015 Completed

About This House

This property is a 160 SqM house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Siam Place 2 project in Nong Prue, Pattaya and was completed in Dec 2015. You can buy this house for a base price of ฿5,000,000 (฿31,250/SqM).

This lovely house in excellent condition is located just outside the City, but only 10 minutes to Downtown Pattaya, or Jomtien beaches. Located just off Siam Country Club Road and a short way before Maprachan Lake. Fully furnished, 3 Bedrooms, 3 Bathrooms, European style fitted kitchen, communal swimming pool, garden, parking, and 24 hours manned security. Living Area: 160 square meters. Land size: 280 square meters.

Basic Information

Property Type House
Storeys 1
Location Nong Prue, Pattaya, Chon Buri
Bedrooms 3
Nearest Landmark Nongprue Municipality -2 Km
Indoor Area 160 SqM
Price per SqM ฿31,250
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
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 N/A
Construction Completed (Dec 2015)
Furniture
N/A
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
Broker Network
Date Listed Feb 14, 2022
Last Updated 7 months ago
Unit ID U1060100

Investment Opportunity: Charges & Yield

Sale Price
฿5,000,000
Est. Rent
฿43,300/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 3 bedroom houses at Siam Place 2, and the current sales price.
10%

Project Details

Project Name: Siam Place 2
Developer: N/A
Construction: Completed (Dec 2015)
Units: 80
Project Area: N/A
Nearest Landmark Nongprue Municipality - 2 Km
Location: Nong Prue, Pattaya, Chon Buri
Siam Place 2 Project Details

Project Features

Communal Pool Communal Pool
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at Siam Place 2

For Sale 3 For Rent 1
Get notified when new homes are being added to Siam Place 2

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Frequently Asked Questions

All kind of pets are allowed at Siam Place 2 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Nongprue Municipality is the nearest Government Office from Siam Place 2 and it is 2 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 Siam Place 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

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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Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Siam Place 2

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Number of units
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Monthly Rentals
Year Built
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Number of units
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Year Built
Completion Status
Location
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Monthly Rentals
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Completion Status
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Nong Prue, Pattaya, Chon Buri
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Completion Status
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Location
Nong Prue, Pattaya, Chon Buri
Number of units
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Sales Prices
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Completion Status
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Location
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Number of units
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Sales Prices
฿4.64M
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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Sales Prices
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Monthly Rentals
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Year Built
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Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
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Sales Prices
฿4.61M
Monthly Rentals
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Year Built
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Completion Status
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Location
Nong Prue, Pattaya, Chon Buri
Number of units
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Sales Prices
฿5.56M - ฿8.47M
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Monthly Rentals
N/A
Year Built
N/A
Completion Status
Made To Order
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