4 Bedroom House for sale at Sriracha Tower 2

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Surasak, Pattaya, Chon Buri
Unit ID: U1892498
4% Rental Yield
4 Bedrooms
3 Bathrooms
426.40 SqM Indoor Area
2 Storeys
Completed

About This House

This property is a 426.40 SqM house with 4 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Surasak, Pattaya. You can buy this house for a base price of £148,000 (£348/SqM) and it is also available for long term rentals starting from £457 per month.

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed Jul 15, 2024
Updated 2 weeks ago
Property Type House (Single Detached)
Storeys 2
Location Surasak, Pattaya
Bedrooms 4
Nearest Landmark Central Si Racha -3.8 Km
Indoor Area 426.40 SqM
Price per SqM £348
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 N/A
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 Nor Sor 3
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 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 U1892498

Investment Opportunity: Charges & Yield

Sale Price
£148,000
Rent
£457/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.
27
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.
4%

Project Details

Project Name: Sriracha Tower 2
Developer: N/A
Construction: Completed
Units: 159
Project Area: N/A
Nearest Landmark Central Si Racha - 3.8 Km
Location: Surasak, Pattaya
Sriracha Tower 2 Project Details

Available Units at Sriracha Tower 2

For Sale 1 For Rent 1
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Frequently Asked Questions

Central Si Racha is the nearest Shopping Mall from Sriracha Tower 2 and it is 3.8 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 Sriracha Tower 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

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Pattaya
Surasak

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Sriracha Tower 2

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
G Condo Sriracha
Location
Surasak, Si Racha, Chon Buri
Number of units
1140
Sales Prices
£34.4K - £37.9K
Monthly Rentals
£138
Year Built
Aug 2019
Completion Status
Completed
Location
Surasak, Si Racha, Chon Buri
Number of units
200
Sales Prices
£42.4K - £63.6K
▼ -40% underpriced
Monthly Rentals
£184 - £273
Year Built
Oct 2014
Completion Status
Completed
Project Name
The Finest Town
Location
Surasak, Si Racha, Chon Buri
Number of units
N/A
Sales Prices
£73.4K - £151K
Monthly Rentals
N/A
Year Built
Jan 2018
Completion Status
Completed
Project Name
Condo 9 Sriracha
Location
Surasak, Si Racha, Chon Buri
Number of units
N/A
Sales Prices
£38.8K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Project Name
Maneerin Place 2
Location
Surasak, Si Racha, Chon Buri
Number of units
98
Sales Prices
£103K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Project Name
Sriracha Park
Location
Surasak, Si Racha, Chon Buri
Number of units
N/A
Sales Prices
£36.5K - £149K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Project Name
The Mix Town
Location
Surasak, Si Racha, Chon Buri
Number of units
153
Sales Prices
£48K
Monthly Rentals
N/A
Year Built
Jun 2018
Completion Status
Completed
Location
Surasak, Si Racha, Chon Buri
Number of units
252
Sales Prices
£34.2K - £43.6K
Monthly Rentals
£195 - £252
Year Built
Apr 2008
Completion Status
Completed
Location
Surasak, Si Racha, Chon Buri
Number of units
226
Sales Prices
£39K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Project Name
Pruksachat 9
Location
Surasak, Si Racha, Chon Buri
Number of units
N/A
Sales Prices
£29.8K
Monthly Rentals
N/A
Year Built
Oct 1995
Completion Status
Completed
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