Unit ID: U259261
8% Rental Yield
Nong Prue, Pattaya, Chon Buri
฿3,150,000 ฿3,200,000 Great Price
1 Bedroom
1
Bathroom
72 SqM
Size
3
Floor
May 2010
Completed

About This Condo

This property is a 72 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Nong Prue, Pattaya and was completed in May 2010. You can buy this condo for a base price of ฿3,150,000 (฿43,750/SqM) and it is also available for long term rentals starting from ฿20,000 per month.

Features

BalconyBalcony MicrowaveMicrowave OvenOven TVTV

Basic Information

Date Listed Nov 19, 2024
Updated 1 week ago
Property Type Condo
Floor 3
Bedroom 1
Size 72 SqM
Price per SqM ฿43,750
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%.

Foreign 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) Pool View, Garden 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.
฿2,880/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U259261

Investment Opportunity: Charges & Yield

Sale Price
฿3,150,000
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.
฿2,880/mo
Rent
฿20,000/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: The Lofts Pratumnak
Construction: Completed (May 2010)
Floors: 6
Buildings: N/A
Units: 39
Project Area: N/A
Nearest Landmark Cozy Beach - 0.6 Km
Location: Nong Prue, Pattaya
The Lofts Pratumnak Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area

Available Units at The Lofts Pratumnak

For Sale 1 For Rent 1
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Frequently Asked Questions

No pets are allowed at The Lofts Pratumnak 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 ฿2,880 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 The Lofts Pratumnak the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Cozy Beach is the nearest Beach from The Lofts Pratumnak and it is 0.6 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 The Lofts Pratumnak 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

Reviews

3.7 out of 5
Based on
6 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Clean condo to relax.
Kayleen Thatch, Spain, 5 years ago
I have rented this condo for a while because it is cozy and located close to Pattaya Town and my office. It is conveniently accessible and safe for time traveling. I bought a 1 bedroom unit which is decorated with fully furnished and the living area is spacious. There is a built-in shelf to put everything and easily take it. Staying here is also convenient. There is also a balcony and a living area for a relaxing area. When I open the door, it is well-ventilated. During the day time, I don't need to turn on the air-conditioner at all, and it is pleasant for reading and experiencing the beautiful scenery. Moreover, the common area is great-service, clean, cozy, and tranquil. The security system is excellent. In my view, I'm impressed with the services, and it is well-maintained.
Quiet and private
Piedad Figgs, United States, 6 years ago
Quiet and private surrounding atmosphere. The building is simple, suitable for living. Convenient location, close to Phra Tamnak Hill. The neighbors here are nice and friendly. The building is a bit old but has complete facilities, such as a swimming pool, elevators, and parking, but the parking lot is not enough.
Buy it as a resort, worthwhile.
Cordia Loftin, Australia, 6 years ago
This condo is in the heart of Bali Hai Pier with many tourist attractions. The Lofts Pratumnak is a good location. I bought 1 bedroom as a vacation rental with my husband, which is very good because it is fully equipped, whether it is a fitness center, a swimming pool, and a great security system. The interior of the 1 bedroom unit has many furnishings and is ready to move in.
Nice condo but not enough car parking
Cliff Pusey, Brazil, 6 years ago
I always have a problem with the parking lot. I don't understand why the parking lot is too little and never enough for the residents. If you go back to the condo at 7:00 PM, you hardly find a car park. However, it is much easier if you have a motorbike. As for the rooms and facilities, I think the project provides such excellent services. My room offers a pool view, a wide balcony, and fully furnished. The kitchen comprises a microwave and a hood, ready to use. The condo is in an uncrowded location, quiet and safe.
Great condo in the Pratumnak area
Dan Luis, France, 6 years ago
I have rented this condo for almost a year now and never found any problem, as the staff takes good care of this condo. My room is a spacious fully-furnished unit with 1 bedroom. The furniture is durable and high-quality. It’s in the Pratumnak Hill area where I personally like as it’s so quiet and calm compared to other areas of Pattaya. It isn’t far from big shopping malls and restaurants, which is very convenient.
A condo with a spacious unit area near tourist attractions
Chelsie Briones, France, 6 years ago
I bought this condo several years ago because the price is very affordable for a spacious condo. I bought a 2-bedroom unit with approximately 74 sq.m. wide and decorated with standard furniture, making the room look beautiful and modern. Also, the condo is in a good location because it is close to many famous tourist attractions such as Bali Hai Pier, Phra Tamnak Hill View Point, Pratumnak Night Market, and Pattaya Night Bazaar. The condo's common areas include a swimming pool, a gym, a yard, and a garden, which may look dated as it was completed a long time ago. However, it's well-maintained.
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Lofts Pratumnak

Location
Number of units
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Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
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Location
Nong Prue, Pattaya, Chon Buri
Number of units
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▼ -8% underpriced
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Nong Prue, Pattaya, Chon Buri
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Number of units
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฿12.1K - ฿30.2K
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Nong Prue, Pattaya, Chon Buri
Number of units
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Nong Prue, Pattaya, Chon Buri
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Nong Prue, Pattaya, Chon Buri
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Completed
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Nong Prue, Pattaya, Chon Buri
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Completion Status
Completed
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