Unit ID: U1392250
3% Rental Yield
Nong Prue, Pattaya, Chon Buri
฿130,000,000
2,000 SqM
Indoor Area
Aug 2003
Completed

About This Hotel

This property is a 2,000 SqM hotel with 36 bedrooms and 37 bathrooms that is available for sale. It is part of the FAZWAZ project in Nong Prue, Pattaya and was completed in Aug 2003. You can buy this hotel for a base price of ฿130,000,000 (฿65,000/SqM) and it is also available for long term rentals starting from ฿350,000 per month.

Koenig Mansion has a restaurant and bar in Pattaya South.  Among the facilities at this property are room service and an ATM, along with free WiFi throughout the property.  The hotel has an indoor pool, evening entertainment and a 24-hour front desk. All rooms in the hotel are equipped with air conditioning, a seating area, a flat-screen TV with satellite channels, a safety deposit box and a private bathroom with a hot tub. At Koenig Mansion all rooms include bed linen and towels.

Features

Private LiftPrivate Lift Private SaunaPrivate Sauna Private PoolPrivate Pool BalconyBalcony Wifi IncludedWifi Included BathtubBathtub TVTV Cable TVCable TV

Basic Information

Date Listed Apr 7, 2023
Updated 9 months ago
Property Type Hotel
Bedrooms 36
View(s) City View, Unblocked Open View
Listed By
Private Owner
Unit ID U1392250

Investment Opportunity: Charges & Yield

Sale Price
฿130,000,000
Rent
฿350,000/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.
31
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.
3%

Project Details

Project Features

Car Parking Car Parking

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Frequently Asked Questions

Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.

In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name.  The ownership titles of these 49 units is referred to as Freehold or Foreign Quota. 

This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.

 

Read more here

After you have found the right property at FAZWAZ you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


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

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