3 Bedroom House for sale at Eakmongkol 8

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Nong Prue, Pattaya, Chon Buri
Unit ID: U1926549
8% Rental Yield
3 Bedrooms
2 Bathrooms
212 SqM Indoor Area
1 Storeys
Completed

About This House

This property is a 212 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 £148,000 (£700/SqM).

Eakmongkol 8 House for Sale - 6.5 Million THB

Property Details:
  • Price: 6.5 million THB
  • Location: Eakmongkol 8, Center of Pattaya
  • Land Area: 60 Square Wah
  • Monthly Rental Potential:25,000 THB
  • Condition: Fully Furnished
House Features:
  • 3 Bedrooms
  • 2 Bathrooms
  • 1 Living Room
  • 1 Kitchen
Location and Amenities:   - Prime Location: Situated in the center of Pattaya, Eakmongkol 8 offers easy access to major shopping centers, restaurants, and entertainment venues. - Proximity to Jomtien Beach: Just a short drive away from the popular Jomtien Beach, perfect for those who enjoy seaside living and beach activities. - Convenient Transportation: Well-connected to main roads, making travel within Pattaya and to surrounding areas, including Jomtien Beach, hassle-free. - Nearby Facilities: Proximity to international schools, hospitals, and supermarkets, providing all essential services within a short distance. - Community Amenities: The Eakmongkol 8 community features 24-hour security, a communal swimming pool, and landscaped gardens, ensuring a safe and pleasant living environment.   This fully furnished home in the heart of Pattaya, near Jomtien Beach, offers a comfortable and convenient living space, perfect for families or investors. With a land area of 60 square wah, this property not only provides ample living space but also presents an excellent investment opportunity with a potential rental income of 25,000 THB per month.   For more details or to arrange a viewing, please feel free to contact us.  

Features

Rooftop TerraceRooftop Terrace Garden AccessGarden Access Covered ParkingCovered Parking

Basic Information

Date Listed Sep 3, 2024
Updated 2 months ago
Property Type House
Storeys 1
Location Nong Prue, Pattaya
Bedrooms 3
Nearest Landmark Dong Tarn Beach -1.9 Km
Indoor Area 212 SqM
Price per SqM £700
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
40 SqM
Plot Size 240 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) N/A
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 U1926549

Investment Opportunity: Charges & Yield

Sale Price
£148,000
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.
13
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 Eakmongkol 8, and the current sales price.
8%

Project Details

Project Name: Eakmongkol 8
Developer: N/A
Construction: Completed (Jun 2009)
Units: 159
Project Area: N/A
Nearest Landmark Dong Tarn Beach - 1.9 Km
Location: Nong Prue, Pattaya
Eakmongkol 8 Project Details

Project Features

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

Available Units at Eakmongkol 8

For Sale 3 For Rent 2
Get notified when new homes are being added to Eakmongkol 8
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Frequently Asked Questions

No pets are allowed at Eakmongkol 8 unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Dong Tarn Beach is the nearest Beach from Eakmongkol 8 and it is 1.9 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 Eakmongkol 8 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

Projects Nearby Eakmongkol 8

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Number of units
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Location
Number of units
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Project Name
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Jun 2009
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Nong Prue, Pattaya, Chon Buri
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Number of units
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£91.1K - £95.9K
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Year Built
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Location
Nong Prue, Pattaya, Chon Buri
Number of units
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£84K - £668K
▲ 12% overpriced
Monthly Rentals
N/A
Year Built
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Off Plan
Project Name
Suksabai Villa
Location
Nong Prue, Pattaya, Chon Buri
Number of units
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Sales Prices
£68.5K - £160K
▲ 29% overpriced
Monthly Rentals
£571 - £3.42K
Year Built
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Completion Status
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Location
Nong Prue, Pattaya, Chon Buri
Number of units
1350
Sales Prices
£35.4K - £118K
▲ 3.1% overpriced
Monthly Rentals
£194 - £571
Year Built
Nov 2019
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
103
Sales Prices
£308K - £365K
Monthly Rentals
£913 - £1.6K
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Nov 2008
Completion Status
Completed
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T.W. Palm Resort
Location
Nong Prue, Pattaya, Chon Buri
Number of units
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Jun 2011
Completion Status
Completed
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