2 Bedroom Condo for sale at Royal Hill Resort

(2 Reviews)
Nong Prue, Pattaya, Chon Buri
Unit ID: U156076
7% Rental Yield
2 Bedrooms
2 Bathrooms
147 SqM Size
4 Floor
Jul 2006 Completed

About This Condo

This property is a 147 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Royal Hill Resort project in Nong Prue, Pattaya and was completed in Jul 2006. You can buy this condo for a base price of ฿6,900,000 (฿46,939/SqM) and it is also available for long term rentals starting from ฿40,000 per month.

Elegance & Security: Enjoy a Luxurious Life at Royal Hill Resort

This delightful two bedroom, two bathroom 147 SqM condo could be your perfect home or investment opportunity. Located in Nong Prue, Chon Buri as part of the iconic Royal Hill Resort project, this property is one that you will not want to miss.The Royal Hill Resort project is an impressive mix of modern and elegant design, with high-quality facilities and popular architectural features. With this condominium, you will have access to all these features, as well as a safe and secure neighbourhood perfect for relaxing and entertaining.The condo consists of two bedrooms with plenty of storage along with two bathrooms. In addition, if you're looking for an investment opportunity you'll be happy to know the Royal Hill Resort project is an ideal area for long term rentals with prices starting from ฿40,000 per month.With an attractive price and a great location, this condo has everything you could be looking for. Imagine yourself relaxing in this Royal Hill Resort enclave, enjoying the sophisticated lifestyle and a sense of security. What more could you want?This condo is truly a unique and desirable property, so don't hesitate and enquire today!

Features

Corner UnitCorner Unit BalconyBalcony Full Western KitchenFull Western Kitchen

Basic Information

Date Listed Mar 6, 2023
Updated 2 months ago
Property Type Condo
Floor 4
Bedrooms 2
Size 147 SqM
Price per SqM ฿46,939
Pets Not Allowed
Condo Ownership

Foreign nationals can be freehold owners of condominium units, in buildings where not more than 49% of the unit floor space is owned by foreigners. Units that are part of the Thai quota or are being leased for 30 years can be converted to the foreign freehold quota if that is currently below 49%.

Foreign Quota
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) Sea View, Park View, Pool View
Unit Type N/A
Building 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.
฿3,969/mo
Listed By
Each listing provided by partnered agents is individually verified by FazWaz. Partner Agents work for different brokerages or property management companies but have teamed up with FazWaz so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U156076

Price Analysis

Above Average
Estimated market value ฿5,545,443
Great
฿6,760,000
Good
Fair
Above
฿6,760,000
Current asking Price: ฿6,900,000 | Advertised rental rate: ฿40,000/mo
This condo is ฿1,354,557 ABOVE MARKET (24%) in the Pattaya area. It is analyzed against similar condos and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
Powered by FazWaz AVM

Investment Opportunity: Charges & Yield

Sale Price
฿6,900,000
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.
฿3,969/mo
Rent
฿40,000/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.
14
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.
7%

Project Details

Project Name: Royal Hill Resort
Developer: N/A
Construction: Completed (Jul 2006)
Floors: 8
Buildings: N/A
Units: 224
Project Area: N/A
Nearest Landmark Dong Tarn Beach - 1 Km
Location: Nong Prue, Pattaya
Royal Hill Resort 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
Reception / Lobby Area Reception / Lobby Area

Available Units at Royal Hill Resort

For Sale 4 For Rent 4
Get notified when new homes are being added to Royal Hill Resort
View All (4)

Loan Calculator

Frequently Asked Questions

No pets are allowed at Royal Hill Resort unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
The common area maintenance fee is ฿27 per square meter based on the size of indoor area of the property and is ฿3,969 for this condo. This fee 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.
Dong Tarn Beach is the nearest Beach from Royal Hill Resort and it is 1 km away.

Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.

In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name.  The ownership titles of these 49 units is referred to as Freehold or Foreign Quota. 

This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.

 

Read more here

After you have found the right property at Royal Hill Resort you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


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

Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

Do you own a property at Royal Hill Resort?

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Reviews

3.6 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Great location and value for money
Chris Burnside, United Kingdom, Current Resident, 2 years ago
Royal Hill has a great location, on the baht bus route, with easy access to Jomtien, Pattaya and the beach. Many bars and good restaurants within walking distance. Also close by is a 24 hour supermarket and the bus station to Suvarnabhumi airport. The condo has a large pool and the usual facilities of a gym, 24 hour security and under cover parking. A 7/11 right outside. The condos here are particularly good value in the 40-45,000 sqm range well below that charged by the more modern developments. Also very good size units non under 40 sqm.
The project atmosphere is very calm and private.
Hwa Krenz, Bangladesh, 6 years ago
The project is close to the main road. The surrounding area is crowded, but the project atmosphere is very calm and private. There are a large swimming pool and a seating area around where the residents can sit and relax. The condo is shady, but I think the gym is too small and the exercise machines are quite old and very limited. Also, the staff is helpful. The project location is situated in a bustling location wealth of restaurants. There is a pharmacy and a 7-Eleven near the condo. Yet, traveling is also convenient, near the important landmarks such as Jomtien Beach, Pratumnak Viewpoint, and only 2 kilometers close to South Pattaya.
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Royal Hill Resort

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
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Year Built
Completion Status
Project Name
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Number of units
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Location
Nong Prue, Pattaya, Chon Buri
Number of units
252
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฿1.39M - ฿7.13M
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฿12.5K - ฿17K
Year Built
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Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
4
Sales Prices
฿18.4M - ฿49.9M
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N/A
Year Built
Jan 2023
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
N/A
Sales Prices
฿3.29M - ฿3.49M
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Monthly Rentals
฿13K - ฿64.8K
Year Built
Dec 2007
Completion Status
Completed
Project Name
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Location
Nong Prue, Pattaya, Chon Buri
Number of units
19
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฿17M - ฿23.1M
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N/A
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Feb 2022
Completion Status
Completed
Project Name
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Location
Nong Prue, Pattaya, Chon Buri
Number of units
1650
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฿1.2M - ฿2.55M
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฿6.48K - ฿16K
Year Built
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Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
70
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฿4.89M - ฿13.8M
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Monthly Rentals
฿15K - ฿19.9K
Year Built
Nov 2010
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
430
Sales Prices
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▲ 4% overpriced
Monthly Rentals
฿17K - ฿32.9K
Year Built
May 2014
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
282
Sales Prices
฿1.4M - ฿7.98M
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฿11K - ฿24.9K
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Completed
Project Name
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Nong Prue, Pattaya, Chon Buri
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Monthly Rentals
฿44.9K
Year Built
Jun 2008
Completion Status
Completed
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