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    4 Bedroom House for sale at Paradise Villa 1 & 2
    Nong Prue, Pattaya, Chon Buri
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    Sale Price
    ฿24,500,000
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    4 Bedroom House for sale at Paradise Villa 1 & 2

    (1 Review)
    Nong Prue, Pattaya, Chon Buri
    Unit ID: U1690400
    5% Rental Yield
    Tenant-Occupied until Jun 24, 2025
    4 Bedrooms
    4 Bathrooms
    500 SqM Indoor Area
    2 Storeys
    Completed
    (1 Review)
    Sale Price
    ฿24,500,000
    16

    About This House

    This property is a 500 SqM house with 4 bedrooms and 4 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 ฿24,500,000 (฿49,000/SqM) and it is also available for long term rentals starting from ฿100,000 per month.

    Features

    Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Corner UnitCorner Unit Maids QuartersMaids Quarters BalconyBalcony Wifi IncludedWifi Included Full Western KitchenFull Western Kitchen BathtubBathtub Washing MachineWashing Machine OvenOven TVTV Gardening IncludedGardening Included Pool Cleaning IncludedPool Cleaning Included

    Basic Information

    Date Listed Nov 9, 2023
    Updated 2 weeks ago
    Property Type House (Single Detached)
    Storeys 2
    Location Nong Prue, Pattaya
    Bedrooms 4
    Nearest Landmark Outlet Mall Pattaya -2.5 Km
    Indoor Area 500 SqM
    Price per SqM ฿49,000
    Outdoor Area
    This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
    250 SqM
    Plot Size 1,500 SqM
    Pets Not 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.

    Thai Ownership
    Land Title Deed Chanote
    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) Partial Sea View, City View, Pool View, 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.
    ฿19,500/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1690400

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿24,500,000
    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.
    ฿19,500/mo
    Rent
    ฿100,000/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.
    20
    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: Paradise Villa 1 & 2
    Developer: N/A
    Construction: Completed (Nov 2008)
    Units: 110
    Project Area: N/A
    Nearest Landmark Outlet Mall Pattaya - 2.5 Km
    Location: Nong Prue, Pattaya
    Paradise Villa 1 & 2 Project Details

    Project Features

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

    Available Units at Paradise Villa 1 & 2

    For Sale 5 For Rent 5
    • All
    • 4 Beds
    • 5 Beds
    • 8 Beds
    Get notified when new homes are being added to Paradise Villa 1 & 2
    View All (5)

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    Frequently Asked Questions

    Small dogs (weight under 15 kg), cats and small pets like rabbits, hamsters and guinea pigs are allowed at Paradise Villa 1 & 2.
    The common area maintenance fee is ฿13 per square meter based on the plot size of the property and is ฿19,500 for this house. 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.
    Outlet Mall Pattaya is the nearest Shopping Mall from Paradise Villa 1 & 2 and it is 2.5 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 Paradise Villa 1 & 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

    Reviews

    3.8 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Quiet and pleasant to live in
    Trey Mey, Netherlands, 6 years ago
    My grandpa and grandma live here. The atmosphere is quiet and pleasant to live in. The village is large, adjacent between villas 1 and 2; each house has a different design and unique style. Their 2-story with 4-bedrooms house has a large area around the house with a private swimming pool. Above all, there is a garden perfect for pets to run around the house. The interior decoration is modern, and there is furniture set as standard. I love the way my grandpa decorated the inside as it is very cozy. Our family loves to have a BBQ party every month. Also, we invite neighbors to party together. Around the project, there are also delicious restaurants, and it’s close to the golf course as well.
    Pattaya
    Nong Prue

    Neighborhood Overview

    Location and Neighborhood

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    Projects Nearby Paradise Villa 1 & 2

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    Sales Prices
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    1400
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    Number of units
    150
    Sales Prices
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    ▼ -15% underpriced
    Monthly Rentals
    ฿55K - ฿280K
    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
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    Projects Nearby Paradise Villa 1 & 2
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    Siam Royal View
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