Unit ID: U664992
6% Rental Yield
Bang Phra, Pattaya, Chon Buri
฿8,295,000
2 Bedrooms
2
Bathrooms
75 SqM
Size
7
Floor
Dec 2017
Completed

About This Condo

This property is a 75 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Bang Phra, Pattaya and was completed in Dec 2017. You can buy this condo for a base price of ฿8,295,000 (฿110,600/SqM).

Features

Corner UnitCorner Unit BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Date Listed Feb 25, 2021
Updated 3 years ago
Property Type Condo
Floor 7
Bedrooms 2
Size 75 SqM
Price per SqM ฿110,600
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) 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.
฿3,375/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U664992

Investment Opportunity: Charges & Yield

Sale Price
฿8,295,000
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.
฿3,375/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.
17
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 2 bedroom condos at The Zea Sriracha, and the current sales price.
6%

Project Details

Project Name: The Zea Sriracha
Construction: Completed (Dec 2017)
Floors: 39
Buildings: N/A
Units: 585
Project Area: 5,636 SqM
Nearest Landmark Koh Loy Ko Sichang Ferry Port - 2.7 Km
Location: Bang Phra, Pattaya
The Zea Sriracha Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Steam Room Steam Room
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Library / Reading Room Library / Reading Room
Communal Garden Area Communal Garden Area
Key card access Key card access

Available Units at The Zea Sriracha

For Sale 9 For Rent 13
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Frequently Asked Questions

No pets are allowed at The Zea Sriracha 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 ฿45 per square meter based on the size of indoor area of the property and is ฿3,375 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 Zea Sriracha the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Koh Loy Ko Sichang Ferry Port is the nearest Pier from The Zea Sriracha and it is 2.7 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 Zea Sriracha 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

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Pattaya
Bang Phra

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Zea Sriracha

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