3 Bedroom House for sale at Mabprachan Village

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Pong, Pattaya, Chon Buri
Unit ID: U1143752
6% Rental Yield
฿6,900,000
3 Bedrooms
3 Bathrooms
200 SqM Indoor Area
1 Storeys
Jan 2014 Completed

About This House

This property is a 200 SqM house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Mabprachan Village project in Pong, Pattaya and was completed in Jan 2014. You can buy this house for a base price of ฿6,900,000 (฿34,500/SqM).

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking

Basic Information

Property Type House (Single Detached)
Storeys 1
Location Pattaya, Chon Buri
Bedrooms 3
Nearest Landmark Mabprachan Lake -1.8 Km
Indoor Area 200 SqM
Price per SqM ฿34,500
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 500 SqM
House Ownership

Foreign nationals can own the building (house) in their own name but not the land that it stands on.

Thai Ownership, 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, Company
Land Title Deed Chanote
Construction Completed (Jan 2014)
Furniture
Unfurnished
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
Date Listed Aug 25, 2022
Last Updated 1 day ago
Unit ID U1143752

3D Walkthrough

Investment Opportunity: Charges & Yield

Sale Price
฿6,900,000
Est. Rent
฿35,200/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 based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 3 bedroom houses at Mabprachan Village , and the current sales price.
6%

Project Details

Project Name: Mabprachan Village
Developer: N/A
Construction: Completed (Jan 2014)
Units: 113
Project Area: N/A
Nearest Landmark Mabprachan Lake - 1.8 Km
Location: Pattaya, Chon Buri
Mabprachan Village Project Details

Project Features

Communal Pool Communal Pool
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)

Available Units at Mabprachan Village

For Sale 4 For Rent 1
Get notified when new homes are being added to Mabprachan Village

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Frequently Asked Questions

All kind of pets are allowed at Mabprachan Village including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Mabprachan Lake is the nearest Lake from Mabprachan Village and it is 1.8 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 Mabprachan Village 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
Pong

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Mabprachan Village

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Number of units
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Sales Prices
฿5.74M - ฿7.73M
▲ 12% overpriced
Monthly Rentals
N/A
Year Built
Jun 2011
Completion Status
Completed
Location
Pong, Pattaya, Chon Buri
Number of units
27
Sales Prices
฿15.1M - ฿25.2M
▼ -9% underpriced
Monthly Rentals
฿45.3K - ฿111K
Year Built
Nov 2015
Completion Status
Completed
Location
Pong, Pattaya, Chon Buri
Number of units
113
Sales Prices
฿6.55M - ฿24.8M
▼ -8.6% underpriced
Monthly Rentals
฿35.2K - ฿121K
Year Built
Dec 2010
Completion Status
Made To Order
Project Name
Lakeside Court
Location
Pong, Pattaya, Chon Buri
Number of units
20
Sales Prices
฿8.56M
▼ -48% underpriced
Monthly Rentals
N/A
Year Built
Dec 2008
Completion Status
Completed
Location
Pong, Pattaya, Chon Buri
Number of units
21
Sales Prices
฿4.98M - ฿13M
▼ -10.1% underpriced
Monthly Rentals
฿65.5K - ฿75.5K
Year Built
Jan 2013
Completion Status
Completed
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