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    3 Bedroom House for sale at Navy House 41
    Bang Sare, Pattaya, Chon Buri
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    Sale Price
    ฿4,000,000
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    3 Bedroom House for sale at Navy House 41

     (Write Review)
    Bang Sare, Pattaya, Chon Buri
    Unit ID: U1809200
    5% Rental Yield
    Tenant-Occupied until Jul 31, 2025
    3 Bedrooms
    2 Bathrooms
    85 SqM Indoor Area
    1 Storeys
    Completed
     (Write Review)
    Sale Price
    ฿4,000,000
    13

    About This House

    This property is a 85 SqM house with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Bang Sare, Pattaya. You can buy this house for a base price of ฿4,000,000 (฿47,059/SqM) and it is also available for long term rentals starting from ฿15,000 per month.

    Basic Information

    Date Listed Apr 20, 2024
    Updated 2 months ago
    Property Type House
    Storeys 1
    Location Bang Sare, Pattaya
    Bedrooms 3
    Nearest Landmark Bang Saray Beach -4.6 Km
    Indoor Area 85 SqM
    Price per SqM ฿47,059
    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
    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.

    N/A
    Land Title Deed N/A
    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) 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
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1809200

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿4,000,000
    Rent
    ฿15,000/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.
    22
    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.
    5%

    Project Details

    Project Name: Navy House 41
    Developer: N/A
    Construction: Completed (May 2017)
    Units: 220
    Project Area: N/A
    Nearest Landmark Bang Saray Beach - 4.6 Km
    Location: Bang Sare, Pattaya
    Navy House 41 Project Details

    Project Features

    24H Security 24H Security
    Communal Garden Area Communal Garden Area

    Available Units at Navy House 41

    For Sale 1 For Rent 3
    • All
    • 3 Beds
    Get notified when new homes are being added to Navy House 41
    View All (1)

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    Frequently Asked Questions

    All kind of pets are allowed at Navy House 41 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    Bang Saray Beach is the nearest Beach from Navy House 41 and it is 4.6 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 Navy House 41 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

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    Pattaya
    Bang Sare

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