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    1 Bedroom Condo for sale at Hyde Park Residence 2
    Nong Prue, Pattaya, Chon Buri
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    Sale Price
    ฿3,490,000
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    1 Bedroom Condo for sale at Hyde Park Residence 2

    (1 Review)
    Nong Prue, Pattaya, Chon Buri
    Unit ID: U165214
    7% Rental Yield
    Tenant-Occupied until Feb 28, 2025
    1 Bedroom
    1 Bathroom
    56 SqM Size
    4 Floor
    Jul 2010 Completed
    (1 Review)
    Sale Price
    ฿3,490,000
    10

    About This Condo

    This property is a 56 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Nong Prue, Pattaya and was completed in Jul 2010. You can buy this condo for a base price of ฿3,490,000 (฿62,321/SqM) and it is also available for long term rentals starting from ฿20,000 per month.

    Features

    BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

    Basic Information

    Date Listed Mar 28, 2023
    Updated 2 months ago
    Property Type Condo
    Floor 4
    Bedroom 1
    Size 56 SqM
    Price per SqM ฿62,321
    Pets Not Allowed
    Condo Ownership

    Foreign nationals can own condominium units as freehold owners in buildings where no 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 it 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) Mountain View, Garden 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.
    ฿2,240/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U165214

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿3,490,000
    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.
    ฿2,240/mo
    Rent
    ฿20,000/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: Hyde Park Residence 2
    Developer: Matrix
    Construction: Completed (Jul 2010)
    Floors: 8
    Buildings: 1
    Units: 109
    Project Area: 2,080 SqM
    Nearest Landmark South Pattaya Beach - 1.2 Km
    Location: Nong Prue, Pattaya
    Hyde Park Residence 2 Project Details

    Project Features

    On Site Restaurant On Site Restaurant
    Communal Pool Communal Pool
    Jacuzzi Jacuzzi
    Communal Gym Communal Gym
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Reception / Lobby Area Reception / Lobby Area

    Popular Facilities at Hyde Park Residence 2

    • All
    • Fitness
    • Leisure
    • Convenience
    4
    • Communal Pool
      Rooftop
    • Reception / Lobby Area
      Ground Floor
    • Communal Gym
      Rooftop

    Available Units at Hyde Park Residence 2

    For Sale 4 For Rent 7
    • All
    • Studio
    • 1 Bed
    Get notified when new homes are being added to Hyde Park Residence 2
    View All (4)

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    Frequently Asked Questions

    No pets are allowed at Hyde Park Residence 2 unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
    The common area maintenance fee is ฿40 per square meter based on the size of indoor area of the property and is ฿2,240 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.
    For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At Hyde Park Residence 2 the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
    South Pattaya Beach is the nearest Beach from Hyde Park Residence 2 and it is 1.2 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 Hyde Park Residence 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

    Reviews

    4.2 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Great location and a perfect place to enjoy Pattaya's most famous city of lights, sounds, and beaches
    Farida V., Thailand, 5 years ago
    Renting the Hyde Park Residences 2 this time is very worthwhile. The condo is decorated in a warm atmosphere and suitable for real relaxation. The room interior is simple and stylish decoration with full of amenities. The project common area is propitious, such as a large swimming pool with a Jacuzzi and a complete fitness room. It matches my vacation needs so much. The project is located in an area that I can easily get around, such as Jomtien Beach, Pattaya Beach, Food Mart, and nightlife spots like Pattaya. It is an ideal project for relaxation. If anyone is looking for a condo for vacation rentals, recommend here. All are in one place.
    Pattaya
    Nong Prue

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