3 Bedroom Villa for sale at Adare Villas

 (Write Review)
Nong Prue, Pattaya, Chon Buri
Unit ID: U28717
9% Rental Yield
Tenant-Occupied until Aug 1, 2025
3 Bedrooms
2 Bathrooms
120 SqM Indoor Area
1 Storeys
Jun 2010 Completed

About This Villa

This property is a 120 SqM villa 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 Jun 2010. You can buy this villa for a base price of £145,000 (£1,200/SqM) and it is also available for long term rentals starting from £1,040 per month.

Features

Private PoolPrivate Pool TerraceTerrace Covered ParkingCovered Parking

Basic Information

Date Listed Jul 6, 2023
Updated 3 days ago
Property Type Villa
Storeys 1
Location Nong Prue, Pattaya
Bedrooms 3
Nearest Landmark Pattaya Floating Market -1.1 Km
Indoor Area 120 SqM
Price per SqM £1,200
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 280 SqM
Pets Not Allowed
Villa Ownership

Foreign nationals can own the building (villa) in their own name, but not the land that it stands on.

Company
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.

N/A
Land Title Deed N/A
Construction Completed (Jun 2010)
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) Pool View
Unit Type N/A
Parking Spots 2
Pool Size 3x8
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 U28717

Investment Opportunity: Charges & Yield

Sale Price
£145,000
Rent
£1,040/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.
12
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.
9%

Project Details

Project Name: Adare Villas
Developer: N/A
Construction: Completed (Jun 2010)
Units: 9
Project Area: N/A
Nearest Landmark Pattaya Floating Market - 1.1 Km
Location: Nong Prue, Pattaya
Adare Villas Project Details

Project Features

Communal Pool Communal Pool
24H Security 24H Security
Car Parking Car Parking

Available Units at Adare Villas

For Sale 1 For Rent 1
Get notified when new homes are being added to Adare Villas
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Frequently Asked Questions

Pattaya Floating Market is the nearest Market from Adare Villas and it is 1.1 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 Adare Villas 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 Adare Villas

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
Project Name
La Santir
Location
Nong Prue, Pattaya, Chon Buri
Number of units
523
Sales Prices
£33.3K - £119K
▼ -16% underpriced
Monthly Rentals
£162 - £347
Year Built
Nov 2015
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
1846
Sales Prices
£33.5K - £41.6K
▼ -28% underpriced
Monthly Rentals
£185 - £231
Year Built
May 2014
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
1094
Sales Prices
£41.6K - £164K
▼ -14.5% underpriced
Monthly Rentals
£162 - £810
Year Built
Jan 2018
Completion Status
Completed
Project Name
Porch Land 2
Location
Nong Prue, Pattaya, Chon Buri
Number of units
154
Sales Prices
£48.6K - £67.1K
▼ -48% underpriced
Monthly Rentals
£301 - £393
Year Built
Jun 2012
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
446
Sales Prices
£49K - £1.32M
Monthly Rentals
N/A
Year Built
Nov 2028
Completion Status
Off Plan
Location
Nong Prue, Pattaya, Chon Buri
Number of units
299
Sales Prices
£1M
Monthly Rentals
£185 - £301
Year Built
Jul 1993
Completion Status
Completed
Project Name
Trio Gems
Location
Nong Prue, Pattaya, Chon Buri
Number of units
315
Sales Prices
£28.9K - £34.5K
▲ 8.7% overpriced
Monthly Rentals
N/A
Year Built
Apr 2017
Completion Status
Completed
Project Name
Baan Suan Lalana
Location
Nong Prue, Pattaya, Chon Buri
Number of units
459
Sales Prices
£25.4K - £416K
▼ -46% underpriced
Monthly Rentals
£127 - £1.97K
Year Built
Dec 1991
Completion Status
Completed
Location
Pattaya, Chon Buri, Thailand
Number of units
552
Sales Prices
£62.5K - £427K
▼ -10% underpriced
Monthly Rentals
£347 - £763
Year Built
Dec 1987
Completion Status
Completed
Project Name
Aeras
Location
Nong Prue, Pattaya, Chon Buri
Number of units
333
Sales Prices
£69.4K - £694K
▲ 8% overpriced
Monthly Rentals
£324 - £4.63K
Year Built
Aug 2017
Completion Status
Completed
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