3 Bedroom House for sale at Chokchai Village 5

(1 Review)
Nong Prue, Pattaya, Chon Buri
Unit ID: U1928228
12% Rental Yield
3 Bedrooms
2 Bathrooms
136 SqM Indoor Area
1 Storeys
Feb 2004 Completed

About This House

This property is a 136 SqM house with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Nong Prue, Pattaya and was completed in Feb 2004. You can buy this house for a base price of £53,300 (£392/SqM).

Features

Covered ParkingCovered Parking

Basic Information

Date Listed Sep 5, 2024
Updated 3 months ago
Property Type House (Semi Detached)
Storeys 1
Location Nong Prue, Pattaya
Bedrooms 3
Nearest Landmark Little Walk Pattaya -1.8 Km
Indoor Area 136 SqM
Price per SqM £392
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.

Thai Ownership
Land Title Deed N/A
Construction Completed (Feb 2004)
Furniture
Unfurnished
View(s) Blocked View
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.
£17/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1928228

Investment Opportunity: Charges & Yield

Sale Price
£53,300
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.
£17/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.
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 5, and the current sales price.
12%

Project Details

Project Name: Chokchai Village 5
Developer: N/A
Construction: Completed (Feb 2004)
Units: 102
Project Area: N/A
Nearest Landmark Little Walk Pattaya - 1.8 Km
Location: Nong Prue, Pattaya
Chokchai Village 5 Project Details

Project Features

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

Available Units at Chokchai Village 5

For Sale 2 For Rent 2
Get notified when new homes are being added to Chokchai Village 5
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Frequently Asked Questions

All kind of pets are allowed at Chokchai Village 5 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee for properties at Chokchai Village 5 is a fixed amount of £17. This amount 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.
Little Walk Pattaya is the nearest Shopping Mall from Chokchai Village 5 and it is 1.8 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 5 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

4.5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
It makes my life very comfortable
Thisanath Y., Thailand, 5 years ago
I bought a house here to stay with my wife and children. The house that we purchased was at an excellent price. It is a one-story house of 3 bedrooms and 1 bathroom, finely finished with quality furniture. The road in the project is vast, making parking more comfortable. You don't need to snatch for the parking space. The project's facilities include a swimming pool and a gym. The location is close to The Chilled and 7-11 department stores as well as many restaurants. It makes my life very comfortable.
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Chokchai Village 5

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Location
Nong Prue, Pattaya, Chon Buri
Number of units
N/A
Sales Prices
£114K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
N/A
Sales Prices
£147K - £217K
Monthly Rentals
£583 - £816
Year Built
N/A
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
81
Sales Prices
£107K
▼ -8% underpriced
Monthly Rentals
£583 - £700
Year Built
Jul 2009
Completion Status
Completed
Project Name
Glam Boonsampan 6
Location
Nong Prue, Pattaya, Chon Buri
Number of units
12
Sales Prices
£120K - £123K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Location
Nong Prue, Pattaya, Chon Buri
Number of units
N/A
Sales Prices
£62.7K - £97.7K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
37
Sales Prices
£70K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Project Name
CC Condominium 2
Location
Nong Prue, Pattaya, Chon Buri
Number of units
848
Sales Prices
£32.6K - £51.3K
▼ -5% underpriced
Monthly Rentals
N/A
Year Built
Jun 2015
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
277
Sales Prices
£81.6K - £105K
Monthly Rentals
N/A
Year Built
Jul 2009
Completion Status
Completed
Project Name
Chatkaew 9
Location
Nong Prue, Pattaya, Chon Buri
Number of units
200
Sales Prices
£44.3K
Monthly Rentals
N/A
Year Built
Mar 1998
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
130
Sales Prices
£65.3K
Monthly Rentals
£653
Year Built
Jun 2009
Completion Status
Completed
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