Unit ID: U1044790
7% Rental Yield
Bang Sare, Pattaya, Chon Buri
฿1,900,000 Great Price
1 Bedroom
1
Bathroom
32 SqM
Size
7
Floor
Dec 2018
Completed

About This Condo

This property is a 32 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Bang Sare, Pattaya and was completed in Dec 2018. You can buy this condo for a base price of ฿1,900,000 (฿59,375/SqM).

Complimentary rent ready package includes: 1 Queen size bed & mattress, bed-side night table, duvet & pillow bedding set, assorted pots, pans, cutlery & crockery, double sofa, coffee table, TV cabinet, 32″ LCD TV and dining table set with 2 chairs.
Built-in Western kitchenette with beige granite counter-tops, matching mosaic splash back tiles for trouble free cleaning and a single bowl, stainless-steel recessed sink, (2-plate induction hob, slim-line extractor hood, microwave, toaster, kettle and fridge/freezer).
Fitted wardrobe with internal shelves, drawers and mirrored sliding doors in the bedroom areas.
Finished bathroom with matching beige granite sink counter-tops, under-sink cabinet, shower and partial safety-glass shower enclosure.
Pre-installed hot water heater and ceiling fan extractor in every bathroom.
2 ‘Samsung’ branded (or equivalent) slim-line air-conditioners with the compressors mounted off to the side on the balcony.
Private balcony with tempered glass balcony railings for optimal pool and partial sea views.
High quality 60cm*30cm cream ceramic floor tiles throughout.
Gypsum board ceilings with concealed atmospheric down lighting.

Features

BalconyBalcony MicrowaveMicrowave TVTV Cable TVCable TV

Basic Information

Date Listed Nov 25, 2021
Updated 4 months ago
Property Type Condo
Floor 7
Bedroom 1
Size 32 SqM
Price per SqM ฿59,375
Pets Not Allowed
Condo Ownership

Foreign nationals can own condominium units as freehold owners in buildings where no more than 49% of the unit floor space is owned by foreigners. Units that are part of the Thai quota or are being leased for 30 years can be converted to the foreign freehold quota if it is currently below 49%.

Thai Quota
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) Partial Sea View
Unit Type N/A
Building 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.
฿1,280/mo
Listed By
Broker Network
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1044790

Investment Opportunity: Charges & Yield

Sale Price
฿1,900,000
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.
฿1,280/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.
15
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 1 bedroom condos at Sea Zen Condominium, and the current sales price.
7%

Project Details

Project Name: Sea Zen Condominium
Developer: Sisaran Group
Construction: Completed (Dec 2018)
Floors: 7
Buildings: 3
Units: 158
Project Area: 8,000 SqM
Nearest Landmark Bang Saray Beach - 0.2 Km
Location: Bang Sare, Pattaya
Sea Zen Condominium Project Details

Project Features

Hotel Managed Hotel Managed
Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
Bar Bar
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Steam Room Steam Room
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area

Popular Facilities at Sea Zen Condominium

  • Communal Pool
    1st Floor
  • Communal Gym
    1st Floor
  • Outdoor Kids Zone
    1st Floor

Available Units at Sea Zen Condominium

For Sale 5 For Rent 3
Get notified when new homes are being added to Sea Zen Condominium
View All (5)

Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿20,000
1st Installment
Within 30 days after reservation
100%

Frequently Asked Questions

No pets are allowed at Sea Zen Condominium unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
The common area maintenance fee is ฿40 per square meter based on the size of indoor area of the property and is ฿1,280 for this condo. 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.
For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At Sea Zen Condominium the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
Bang Saray Beach is the nearest Beach from Sea Zen Condominium and it is 0.2 km away.

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 Sea Zen Condominium you have to follow these steps:

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

 


Installment Milestone Payment
Reservation Deposit
Immediately
฿20,000
1st Installment
Within 30 days after reservation
100%

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

Reviews

4 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A beautiful condo in Bang Sare
Panitta W., Thailand, 5 years ago
It is a beautiful condo in Bang Sare with a modern building design. The room I rented is also beautifully decorated and cozy with quality furniture sets, making the room pleasant. However, I am impressed with the common areas here because there are many facilities, including the large swimming pool, fitness room, sauna, bar, playground, and a chilling area by the pool. This condo is considered in a good location, close to many important places. It is also easily accessible everywhere since the condo is near the main road. The receptionists are helpful, and the neighbors are friendly. In general, it is worthy, and I would highly recommend it.
A beautiful condo in Bang Sare
Malisorn W., Thailand, 5 years ago
It is a beautiful condo in Bang Sare with a modern building design. The room I rented is also beautifully decorated and cozy with quality furniture sets, making the room pleasant. However, I am impressed with the common areas here because there are many facilities, including the large swimming pool, fitness room, sauna, bar, playground, and a chilling area by the pool. This condo is considered in a good location, close to many important places. It is also easily accessible everywhere since the condo is near the main road. The receptionists are helpful, and the neighbors are friendly. In general, it is worthy, and I would highly recommend it.
Pattaya
Bang Sare

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Sea Zen Condominium

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Year Built
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Project Name
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Location
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Monthly Rentals
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Year Built
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Number of units
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Sales Prices
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Year Built
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Project Name
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Location
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฿9.22M - ฿22.4M
▼ -12% underpriced
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Project Name
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Number of units
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฿2.38M - ฿2.58M
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