2 Bedroom House for sale at Suksabai Villa

 (Write Review)
Nong Prue, Pattaya, Chon Buri
Unit ID: U79574
6% Rental Yield
2 Bedrooms
3 Bathrooms
170 SqM Indoor Area
2 Storeys
Nov 2006 Completed

About This House

This property is a 170 SqM house with 2 bedrooms and 3 bathrooms that is available for sale. It is part of the Suksabai Villa project in Nong Prue, Pattaya and was completed in Nov 2006. You can buy this house for a base price of ฿3,500,000 (฿20,588/SqM) and it is also available for long term rentals starting from ฿18,000 per month.

Features

Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed Jul 18, 2018
Updated 3 years ago
Property Type House
Storeys 2
Location Nong Prue, Pattaya
Bedrooms 2
Nearest Landmark Central Pattaya Beach -1.7 Km
Indoor Area 170 SqM
Price per SqM ฿20,588
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 192 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.

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.

Thai Ownership
Land Title Deed N/A
Construction Completed (Nov 2006)
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 1
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 U79574

Price Analysis

Great Price
Estimated market value ฿4,411,782
Great
฿4,230,000
Good
Fair
Above
฿4,860,000
Current asking Price: ฿3,500,000 | Advertised rental rate: ฿18,000/mo
This house is ฿911,782 BELOW MARKET (-21%) in the Pattaya area. It is analyzed against similar houses and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
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Investment Opportunity: Charges & Yield

Rent
฿18,000/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.
16
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.
6%

Project Details

Project Name: Suksabai Villa
Developer: N/A
Construction: Completed (Nov 2006)
Units: 235
Project Area: N/A
Nearest Landmark Central Pattaya Beach - 1.7 Km
Location: Nong Prue, Pattaya
Suksabai Villa Project Details

Project Features

Car Parking Car Parking
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Available Units at Suksabai Villa

For Sale 2 For Rent 2
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Frequently Asked Questions

No pets are allowed at Suksabai Villa unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Central Pattaya Beach is the nearest Beach from Suksabai Villa and it is 1.7 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 Suksabai Villa 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

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

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Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

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