3 Bedroom House for sale at Chokchai Village 10

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Nong Prue, Pattaya, Chon Buri
Unit ID: U1919045
11% Rental Yield
3 Bedrooms
2 Bathrooms
160 SqM Indoor Area
1 Storeys
Completed

About This House

This property is a 160 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 £134,000 (£835/SqM).

A house with 3 bedrooms and 2 bathrooms, on a land area of 102 square wah. There is additional land on the side where you can build another house or install a swimming pool. The property is sold with some furniture included, but does not include the TV, washing machine, refrigerator, or the bed and mattress.

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Corner UnitCorner Unit Full Western KitchenFull Western Kitchen MicrowaveMicrowave OvenOven

Basic Information

Date Listed Aug 26, 2024
Updated 2 months ago
Property Type House (Single Detached)
Storeys 1
Location Nong Prue, Pattaya
Bedrooms 3
Nearest Landmark Nongprue Municipality -1.3 Km
Indoor Area 160 SqM
Price per SqM £835
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
248 SqM
Plot Size 408 SqM
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.

Thai Ownership
Land Title Deed N/A
Construction Completed
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 3
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 U1919045

Investment Opportunity: Charges & Yield

Sale Price
£134,000
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.
9
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 3 bedroom houses at Chokchai Village 10, and the current sales price.
11%

Project Details

Project Name: Chokchai Village 10
Developer: N/A
Construction: Completed (May 2012)
Units: 144
Project Area: N/A
Nearest Landmark Nongprue Municipality - 1.3 Km
Location: Nong Prue, Pattaya
Chokchai Village 10 Project Details

Project Features

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

Available Units at Chokchai Village 10

For Sale 2 For Rent 2
Get notified when new homes are being added to Chokchai Village 10
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Frequently Asked Questions

Nongprue Municipality is the nearest Government Office from Chokchai Village 10 and it is 1.3 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 Chokchai Village 10 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
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

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