Unit ID: U1157700
6% Rental Yield
Nong Prue, Pattaya, Chon Buri
฿4,200,000
1 Bedroom
1
Bathroom
42 SqM
Size
6
Floor
Dec 2016
Completed

About This Condo

This property is a 42 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 Dec 2016. You can buy this condo for a base price of ฿4,200,000 (฿100,000/SqM) and it is also available for long term rentals starting from ฿20,000 per month.

1 Bedroom Condo for Sale at The Senate Residences

This property is a 41.23 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the The Senate Residences project in Nong Prue, Pattaya and was completed in Dec 2016.

Features

BalconyBalcony MicrowaveMicrowave TVTV

Basic Information

Date Listed Sep 29, 2022
Updated 10 months ago
Property Type Condo
Floor 6
Bedroom 1
Size 42 SqM
Price per SqM ฿100,000
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) City 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.
฿3,150/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1157700

Investment Opportunity: Charges & Yield

Sale Price
฿4,200,000
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.
฿3,150/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.
18
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.
6%

Project Details

Project Name: The Senate Residences
Developer: UPD Pattaya
Construction: Completed (Dec 2016)
Floors: 8
Buildings: N/A
Units: 73
Project Area: N/A
Nearest Landmark Cozy Beach - 0.2 Km
Location: Nong Prue, Pattaya
The Senate Residences Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at The Senate Residences

For Sale 5 For Rent 3
Get notified when new homes are being added to The Senate Residences
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Frequently Asked Questions

No pets are allowed at The Senate Residences 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 ฿75 per square meter based on the size of indoor area of the property and is ฿3,150 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 Senate Residences the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
Cozy Beach is the nearest Beach from The Senate Residences 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 The Senate Residences 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

4.3 out of 5
Based on
6 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The room size is suitable for the price.
Arla Tores, Spain, 4 years ago
It matches my lifestyle and needs so much as it has modern facilities. The security system is excellent, taking good care of the residents well. Prices and room sizes are reasonable. The room is beautifully decorated with high-quality furniture, comfortable. More importantly, the room is soundproofing, with no disturbing noises. Although the project is located in the city center where it is crowded and noises from music and cars passing, my room is still quiet, and I can relax pleasantly. Overall, the project is located in a prime location, surrounded by many important conveniences. I made the right decision to buy the room for this project.
Nice condo location and luxurious decoration
Jewel Knuth, Canada, 5 years ago
It is a condo that meets my needs exactly because it is close to my parents' house and not far from department stores, such as Central Festival Pattaya Beach, and can travel anywhere easily. I made the right decision to buy. At first, I planned to buy for investment, but I might have stayed first. If I want to sell or rent it out one day, it is not bad because it is located in a good location. Also, it maintains a high level of privacy. As for the project design, it overall looks good and complete. The room I bought is 1 bedroom size with well-proportioned. The living space is suitable for 1-2 people. The project has been elegantly designed and decorated. It also uses different color tones, giving a feeling of comfort. It suits me very well. The project facilities are excellent, such as swimming pools, fitness centers, and clubhouses.
Private and not busy
Matilde Hubert, Ireland, 5 years ago
I have been renting here since the end of last year. This condo is very comfortable. The interior is elegantly decorated with fine furniture. It also provides highly private and not chaotic. Besides, the project also has many facilities to use, such as a clubhouse, a swimming pool, a fitness center, and an on-site restaurant. If you want to go outside, it is easy because it is located near Jomtien Beach and famous tourist attractions such as Khao Phra Tamnak, Krom Luang Chumphon Monument, and Bali Hai Cape. Overall, I am very impressed.
Elegant condo near Pattaya Beach
Chas Bowens, Ireland, 5 years ago
The luxurious condo near Pattaya Beach for special vacations. I love that the design is modern, sleek, chic, and stunning at night. The rooms range from 1 to 4 bedrooms. My room has 2 small bedrooms. The built-in finishing is just on point and elegant. The number of units is not large, making it private. The pool is just a selling point as it faces the sea. It's stunning, especially in the evening. Some day, you will see the pink sky.
Wonderful condo in great location
Ronald Wilson, Denmark, 5 years ago
The room here is luxuriously decorated and very stylish. My room is a spacious two-bedroom room. This room's balcony allows me to enjoy a stunning sea view. In terms of the location, it's in Pattaya's prime area as Jomtien Beach is across the road. Also, it isn't far from Bali Hai Cape and Central Festival Pattaya, which is so convenient. In the future, if I need to relocate, I'm not worried because I know I can rent this place out easily.
Super luxury place with 5-star service
Linda Nguyen, United States, 6 years ago
I have the opportunity to visit a friend who lives here. It is a 4-bedroom penthouse. From the first step, I am very impressed with the elegance and beauty. The interior of the room is decorated very beautifully. The furniture looks expensive from imported brands. There is a swimming pool with a stunning sea view from Pattaya Beach, especially in the evening. Just wow! The security guard at the parking lot is also nice. I know that the room price is high. But if I get this level of service, it is totally worth it!
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Senate Residences

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Project Name
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Location
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