2 Bedroom House for sale at Eakmongkol 4

 (Write Review)
Nong Prue, Pattaya, Chon Buri
Unit ID: U25668
5% Rental Yield
2 Bedrooms
2 Bathrooms
240 SqM Indoor Area
Jun 2009 Completed

About This House

This property is a 240 SqM house with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Eakmongkol 4 project in Nong Prue, Pattaya and was completed in Jun 2009. You can buy this house for a base price of ฿3,500,000 (฿14,583/SqM).

Features

Covered ParkingCovered Parking

Basic Information

Date Listed Mar 24, 2017
Updated 3 years ago
Property Type House
Storeys N/A
Location Nong Prue, Pattaya
Bedrooms 2
Nearest Landmark Jomtien Beach South -4.5 Km
Indoor Area 240 SqM
Price per SqM ฿14,583
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 272 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 (Jun 2009)
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 U25668

Price Analysis

Great Price
Estimated market value ฿5,133,803
Great
฿4,490,000
Good
Fair
Above
฿6,610,000
Current asking Price: ฿3,500,000 | Rental estimate: ฿13,400/mo
This house is ฿1,633,803 BELOW MARKET (-32%) 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

Sale Price
฿3,500,000
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.
22
Rental Yield
This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 2 bedroom houses at Eakmongkol 4, and the current sales price.
5%

Project Details

Project Name: Eakmongkol 4
Developer: N/A
Construction: Completed (Jun 2009)
Units: 1400
Project Area: N/A
Nearest Landmark Jomtien Beach South - 4.5 Km
Location: Nong Prue, Pattaya
Eakmongkol 4 Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at Eakmongkol 4

For Sale 6 For Rent 3
Get notified when new homes are being added to Eakmongkol 4
View All (6)

Loan Calculator

Frequently Asked Questions

All kind of pets are allowed at Eakmongkol 4 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Jomtien Beach South is the nearest Beach from Eakmongkol 4 and it is 4.5 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 Eakmongkol 4 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

Projects Nearby Eakmongkol 4

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
Siam Royal View
Location
Nong Prue, Pattaya, Chon Buri
Number of units
150
Sales Prices
฿21M - ฿160M
▼ -15% underpriced
Monthly Rentals
฿75K - ฿120K
Year Built
Jul 2018
Completion Status
Completed
Project Name
Eakmongkol 3
Location
Nong Prue, Pattaya, Chon Buri
Number of units
200
Sales Prices
฿3.99M
▼ -8% underpriced
Monthly Rentals
฿25K
Year Built
Jun 2009
Completion Status
Completed
Project Name
AD House
Location
Nong Prue, Pattaya, Chon Buri
Number of units
33
Sales Prices
฿10.5M
▼ -39% underpriced
Monthly Rentals
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Year Built
Nov 2008
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
75
Sales Prices
฿1.5M
Monthly Rentals
N/A
Year Built
Jun 2010
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
N/A
Sales Prices
฿5.99M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
100
Sales Prices
฿10.5M
Monthly Rentals
฿40K
Year Built
Dec 1997
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
110
Sales Prices
฿22.9M - ฿29M
▼ -3% underpriced
Monthly Rentals
฿49K - ฿55K
Year Built
Nov 2008
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
45
Sales Prices
฿6.7M - ฿17.9M
▼ -15% underpriced
Monthly Rentals
฿27K - ฿75K
Year Built
Jun 2009
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
28
Sales Prices
฿9.5M
Monthly Rentals
N/A
Year Built
Jun 2013
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
69
Sales Prices
฿6.5M - ฿6.75M
▼ -16% underpriced
Monthly Rentals
฿18K - ฿25K
Year Built
Jul 2008
Completion Status
Completed
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