2 Bedroom House for sale at Palm Oasis

(1 Review)
Nong Prue, Pattaya, Chon Buri
Unit ID: U24678
9% Rental Yield
2 Bedrooms
2 Bathrooms
149 SqM Indoor Area
2 Storeys
Nov 2012 Completed

About This House

This property is a 149 SqM house with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Palm Oasis project in Nong Prue, Pattaya and was completed in Nov 2012. You can buy this house for a base price of ฿8,900,000 (฿59,732/SqM).

Features

Private PoolPrivate Pool Rooftop TerraceRooftop Terrace Private GardenPrivate Garden

Basic Information

Date Listed Mar 3, 2017
Updated 3 years ago
Property Type House
Storeys 2
Location Nong Prue, Pattaya
Bedrooms 2
Nearest Landmark Dong Tarn Beach -1.1 Km
Indoor Area 149 SqM
Price per SqM ฿59,732
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 207 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.

N/A
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 (Nov 2012)
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, Garden View
Unit Type N/A
Parking Spots N/A
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.
฿2,898/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U24678

Investment Opportunity: Charges & Yield

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.
฿2,898/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.
11
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: Palm Oasis
Construction: Completed (Nov 2012)
Units: 40
Project Area: N/A
Nearest Landmark Dong Tarn Beach - 1.1 Km
Location: Nong Prue, Pattaya
Palm Oasis Project Details

Project Features

Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Close
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Available Units at Palm Oasis

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Frequently Asked Questions

Dogs, cats and small pets like rabbits, hamsters and guinea pigs are allowed at Palm Oasis.
The common area maintenance fee is ฿14 per square meter based on the plot size of the property and is ฿2,898 for this house. 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 Palm Oasis 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 Palm Oasis 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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Reviews

4 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Nice villa, suitable for multiple people.
Elbert Locker, Germany, 4 years ago
My friends and I stayed here on normal days, and it was not a public holiday. The surrounding project is tranquil and cozy. There are not too many guests staying. Anyway, we chose a 3-bedroom villa in which the interior is clean and tidy. There is also a private pool and jacuzzi set on the rooftop. The villa is fully furnished, and the kitchen also includes a full set of kitchen equipment, such as a stove, microwave, pots, and bowls. We could cook for ourselves. In the evening, we always had a BBQ time by the pool. The atmosphere is good, and there is no noisy sound disturbed at all. It's called as we could spend this precious time relaxing happily. The villa is also located on the alley, which there are 2 main roads accessible, comprising Soi Thepprasit 9 and Jomtien Beach. It is easily and conveniently accessible and close to Jomtien Beach. It is a few minutes from the villa. Honestly, it was very ok. If I have another chance of visiting Pattaya, I will stay here. Even if who wants to visit, I won't sit tight to recommend it here.
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

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