3 Bedroom Villa for sale at Tadarawadi South Pattaya

(1 Review)
Nong Prue, Pattaya, Chon Buri
Unit ID: U153724
8% Rental Yield
3 Bedrooms
3 Bathrooms
200 SqM Indoor Area
2 Storeys
Jun 2015 Completed

About This Villa

This property is a 200 SqM villa with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Tadarawadi South Pattaya project in Nong Prue, Pattaya and was completed in Jun 2015. You can buy this villa for a base price of ฿10,944,999 (฿54,725/SqM) and it is also available for long term rentals starting from ฿70,000 per month.

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Full Western KitchenFull Western Kitchen

Basic Information

Date Listed Feb 13, 2019
Updated 3 years ago
Property Type Villa
Storeys 2
Location Nong Prue, Pattaya
Bedrooms 3
Nearest Landmark South Pattaya Beach -1.2 Km
Indoor Area 200 SqM
Price per SqM ฿54,725
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 211.60 SqM
Pets Not Allowed
Villa Ownership

Foreign nationals can own the building (villa) 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 2015)
Furniture
Built-ins are any items that do not leave the property but remain a part of the permanent structure of a home. This includes any type of permanent appliances, cabinetry, furniture that’s built into the home, such as shelving or benches, and other attached items.
Built In
View(s) Park View, Blocked View
Unit Type S
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.
N/A
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U153724

Price Analysis

Good Price
Estimated market value ฿11,124,764
Great
฿10,700,000
Good
Fair
Above
฿14,200,000
Current asking Price: ฿10,944,999 | Advertised rental rate: ฿70,000/mo
This villa is ฿179,765 BELOW MARKET (-2%) in the Pattaya area. It is analyzed against similar villas 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
฿10,944,999
Rent
฿70,000/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.
13
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.
8%

Project Details

Project Name: Tadarawadi South Pattaya
Developer: N/A
Construction: Completed (Jun 2015)
Units: 14
Project Area: N/A
Nearest Landmark South Pattaya Beach - 1.2 Km
Location: Nong Prue, Pattaya
Tadarawadi South Pattaya Project Details

Project Features

Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at Tadarawadi South Pattaya

For Sale 11 For Rent 6
Get notified when new homes are being added to Tadarawadi South Pattaya
View All (11)

Loan Calculator

Frequently Asked Questions

Small dogs (weight under 15 kg), cats and small pets like rabbits, hamsters and guinea pigs are allowed at Tadarawadi South Pattaya.
South Pattaya Beach is the nearest Beach from Tadarawadi South Pattaya and it is 1.2 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 Tadarawadi South Pattaya 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

4.5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
It is a perfect living place with everything you need
Somsak F., Thailand, 5 years ago
This project appeals to me because it has a lovely design and a wide variety of excellent amenities for daily living. The staff was extremely helpful and made me feel at ease during my stay. Furthermore, it is conveniently located near many tourist attractions, including Pattaya Walking Street. Overall, it is good. I am impressed! and will continue to rent this house for the long term.
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

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