Royal Park Village

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Nong Prue, Pattaya, Chon Buri

Unit ID: U1033552
3% Rental Yield
฿5,500,000
Bedroom
4 Bedrooms
Bathroom
3 Bathrooms
Indoor Area
70 SqM Indoor Area
Stairs
1 Storeys
Construction
Jan 2003 Completed

4 Bedroom House for sale at Royal Park Village

This property is a 70 SqM house with 4 bedrooms and 3 bathrooms that is available for sale. It is part of the Royal Park Village project in Nong Prue, Pattaya and was completed in Jan 2003. You can buy this house for a base price of ฿5,500,000 (฿78,571/SqM).

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking

Basic Information

Property Type House (Single Detached)
Storeys 1
Location Nong Prue, Pattaya, Chon Buri
Bedrooms 4
Nearest Landmark Dong Tarn Beach -0.6 Km
Indoor Area 70 SqM
Price per SqM ฿78,571
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 148 SqM
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 (Jan 2003)
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) 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.
฿1,300/mo
Listed By
Private Owner
Date Listed Sep 25, 2021
Last Updated 2 months ago
Unit ID U1033552

Investment Opportunity: Charges & Yield

Sale Price
฿5,500,000
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.
฿1,300/mo
Est. Rent
฿11,700/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.
39
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 4 bedroom houses at Royal Park Village, and the current sales price.
3%

Project Details

Project Name: Royal Park Village
Developer: N/A
Construction: Completed (May 2008)
Units: 100
Project Area: N/A
Nearest Landmark Dong Tarn Beach - 0.6 Km
Location: Nong Prue, Pattaya, Chon Buri
Royal Park Village Project Details

Project Features

Communal Pool Communal Pool
24H Security 24H Security

Available Units at Royal Park Village

For Sale 3 For Rent 2
Get notified when new homes are being added to Royal Park Village

Loan Calculator

Frequently asked questions

All kind of pets are allowed at Royal Park Village including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Dong Tarn Beach is the nearest Beach from Royal Park Village and it is 0.6 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 Royal Park 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

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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Nong Prue

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