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    3 Bedroom House for sale at The Royal Park Hill
    Nong Prue, Pattaya, Chon Buri
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    Sale Price
    ฿5,500,000
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    3 Bedroom House for sale at The Royal Park Hill

     (Write Review)
    Nong Prue, Pattaya, Chon Buri
    Unit ID: U1841032
    10% Rental Yield
    Tenant-Occupied until Aug 7, 2025
    3 Bedrooms
    2 Bathrooms
    176 SqM Indoor Area
    1 Storeys
    Completed
     (Write Review)
    Sale Price
    ฿5,500,000
    15

    About This House

    This property is a 176 SqM house with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Nong Prue, Pattaya. You can buy this house for a base price of ฿5,500,000 (฿31,250/SqM) and it is also available for long term rentals starting from ฿45,000 per month.

    This beautiful modern-style house offers 176 square meters of living space on a 77 square wah plot. Located in a prime area near all essential amenities, it comes fully furnished with brand-new furniture and appliances, as seen in the photos. Ready to move in, this home provides ultimate convenience with three bedrooms, two bathrooms, one kitchen, one living room, and two parking spaces.

    The house is fully furnished and includes electrical appliances, four air conditioners, a 65-inch TV with a TV stand, a sofa, chairs, a coffee table, a ceiling fan, and three bedroom sets complete with bed linens, pillows, and blankets. The kitchen is equipped with a counter and all necessary appliances, including a refrigerator, microwave, kettle, coffee maker, toaster, electric gas stove with a hood. Additionally, there are two water heaters, a washing machine, curtains throughout the house, and a water pump.

    Features

    Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Washing MachineWashing Machine MicrowaveMicrowave TVTV

    Basic Information

    Date Listed May 20, 2024
    Updated 2 months ago
    Property Type House (Single Detached)
    Storeys 1
    Location Nong Prue, Pattaya
    Bedrooms 3
    Nearest Landmark The Chilled Shopping Mall
    Indoor Area 176 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.
    132 SqM
    Plot Size 308 SqM
    Pets Dogs Only
    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
    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) 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.
    N/A
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1841032

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿5,500,000
    Rent
    ฿45,000/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.
    10
    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.
    10%

    Project Details

    Project Name: The Royal Park Hill
    Developer: N/A
    Construction: Off Plan
    Units: 1
    Project Area: N/A
    Nearest Landmark The Chilled Shopping Mall
    Location: Nong Prue, Pattaya
    The Royal Park Hill Project Details

    Available Units at The Royal Park Hill

    For Sale 1 For Rent 1
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    • 3 Beds
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    Frequently Asked Questions

    All kind of pets are allowed at The Royal Park Hill including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    The Chilled Shopping Mall is the nearest Shopping Mall from The Royal Park Hill and it is 0 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

    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

    After you have found the right property at The Royal Park Hill you have to follow these steps:

     

    • - Unit selection and agreement of terms and conditions
    • - Reservation Agreement
    • - Reservation Deposit
    • - Sales and Purchase Agreement
    • - 1st Contract Payment
    • - Payment Installments
    • - Snag List
    • - Transfer

    Read more here

     

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    Pattaya
    Nong Prue

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