Unit ID: U1895790
5% Rental Yield
Nong Prue, Pattaya, Chon Buri
฿3,990,000
Studio Bedroom
1
Bathroom
28.51 SqM
Size
2
Floor
Dec 2019
Completed

About This Condo

This property is a 28.51 SqM studio condo with 1 bathroom that is available for sale. It is part of the project in Nong Prue, Pattaya and was completed in Dec 2019. You can buy this condo for a base price of ฿3,990,000 (฿139,951/SqM).

Andromeda Condo - Studio Unit with Garden Views

Experience modern luxury in the heart of Pratumnak Hill with this stunning studio unit at Andromeda Condo. Offering serene garden views and a convenient location, this property is perfect for both residents and investors. Property Overview:
  • Type: Studio
  • Size: 28.51 square meters
  • Floor: 2nd Floor
  • View: Garden Views
  • Price: 3.99 Million Baht
  • Ownership: Foreign Quota
Description: This 28.51 square meter studio unit on the 2nd floor of Andromeda Condo provides a peaceful retreat with beautiful garden views. Priced at 3.99 million baht, this unit is an excellent investment opportunity for those looking to own a piece of paradise in one of Pattaya’s most prestigious locations. The unit is ready to decorate and make your own, offering a fresh and inviting living space. Features:
  • Modern Design: Stylish and contemporary interior
  • Living Space: Open-plan layout with ample natural light
  • Kitchen: Fully equipped with modern appliances
  • Bathroom: Elegant and functional
  • View: Tranquil garden views from the 2nd floor
  • Amenities: Access to building amenities such as a swimming pool, fitness center, and 24-hour security
Maintenance Fee and Utility Rates:
  • Maintenance Fee: Approximately 50 Baht per square meter per month
  • Utility Rates: Government rates apply for electricity and water with a juristic rate.
Neighborhood: Located in Pratumnak Hill, Andromeda Condo is close to pristine beaches, popular restaurants, cafes, and shopping centers. Enjoy the best of Pattaya’s vibrant lifestyle while living in a luxurious and secure building. Investment Prospective: With its prime location, modern amenities, and beautiful garden views, Andromeda Condo offers a lucrative investment opportunity. Pattaya’s real estate market continues to grow, providing potential for rental income and capital appreciation. Why Choose Our Studio: Perfect for singles, couples, or investors, this studio unit offers a cozy and luxurious living space with beautiful garden views. Andromeda Condo is a fantastic choice whether you’re looking for a personal residence or a profitable investment. For more information or to schedule a visit, please contact us. We look forward to showing you your new home.

Features

BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Date Listed Jul 15, 2024
Updated 4 months ago
Property Type Condo
Floor 2
Bedroom Studio
Size 28.51 SqM
Price per SqM ฿139,951
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) Garden View
Unit Type N/A
Building Andromeda Condominium
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.
฿1,568/mo
Listed By
Private Owner
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1895790

Investment Opportunity: Charges & Yield

Sale Price
฿3,990,000
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.
฿1,568/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.
22
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 studio condos at Andromeda Condominium, and the current sales price.
5%

Project Details

Project Name: Andromeda Condominium
Construction: Completed (Dec 2019)
Floors: 36
Buildings: 1
Units: 216
Project Area: 2,734 SqM
Nearest Landmark Yin Yom Beach - 1.2 Km
Location: Nong Prue, Pattaya
Andromeda Condominium Project Details

Project Features

Communal Pool Communal Pool
Jacuzzi Jacuzzi
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
Library / Reading Room Library / Reading Room
Communal Garden Area Communal Garden Area

Popular Facilities at Andromeda Condominium

  • Reception / Lobby Area
    1st Floor
  • Communal Pool
    25th Floor
  • Communal Gym
    24th Floor
  • Library / Reading Room
    25th Floor
  • Mini Theater
    25th Floor
  • Sauna
    25th Floor

Available Units at Andromeda Condominium

For Sale 10 For Rent 15
Get notified when new homes are being added to Andromeda Condominium
View All (10)

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Frequently Asked Questions

No pets are allowed at Andromeda 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 ฿55 per square meter based on the size of indoor area of the property and is ฿1,568 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 Andromeda Condominium the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
Yin Yom Beach is the nearest Beach from Andromeda Condominium and it is 1.2 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 Andromeda 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
฿100,000
1st Installment
Upon contract signing
20%
2nd Installment
On handover
80%

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

4.7 out of 5
Based on
3 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Outstanding
Verified Current Resident, 5 months ago
Experience the extraordinary at this luxury condo where comfort meets opulence, surrounded by restaurants, 5-star hotels, private beach and more
Well positioned, panoramic views over The Gulf of Thailand
Marciano brewster, Netherlands, Visitor, 4 years ago
What a surprise! this building has very nice facilities, the units facing seaside have fantastic view. This condo offers all the leisure for residency. Its located in quite location near cozy beach. Perfect for retirement. This is one of the better buildings in Pattaya with easy road access
Tall building and sea view rooms
Meagan Taing, Singapore, 4 years ago
The location of the condo is the best location on Pratumnak Hill. It is the highest condo in this area, which gives a stunning sea view. The atmosphere is nice and quiet, close to Cozy Beach, within walking distance. Next to the condo, there is 7-11. The building is designed for a vacation stay and facing the sea to enjoy a sea view from every room. The project sells 1 and 2 bedroom units in a modern design. The room is spacious and open with an over 2-meter high ceiling. Warm colors and wooden furniture are used for decoration. The room space is functional, and the bathroom is very spacious, with a separation of the wet and dry zone. The project's common area is located on the 24-25th floor with a sea view including, a swimming pool, fitness room, sauna, and lounge, in which full-frame glass is installed, and that's what I love the most. As for convenient transportation, I recommend having a car as you have to go up and down the mountain, and easy to get around in Pattaya.
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Andromeda Condominium

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Location
Nong Prue, Pattaya, Chon Buri
Number of units
123
Sales Prices
฿3.01M - ฿6.84M
▼ -14% underpriced
Monthly Rentals
฿25.1K - ฿60.3K
Year Built
May 2009
Completion Status
Completed
Project Name
Cosy Beach View
Location
Nong Prue, Pattaya, Chon Buri
Number of units
297
Sales Prices
฿1.96M - ฿14.2M
▼ -10.3% underpriced
Monthly Rentals
฿25.1K - ฿35.2K
Year Built
Nov 2014
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
73
Sales Prices
฿3.22M - ฿7.44M
Monthly Rentals
฿15.1K - ฿20.1K
Year Built
Dec 2016
Completion Status
Completed
Project Name
The Peak Towers
Location
Nong Prue, Pattaya, Chon Buri
Number of units
474
Sales Prices
฿2.11M - ฿9.95M
▼ -15.8% underpriced
Monthly Rentals
฿11.1K - ฿50.3K
Year Built
Feb 2016
Completion Status
Completed
Project Name
The Elegance
Location
Nong Prue, Pattaya, Chon Buri
Number of units
79
Sales Prices
฿1.96M - ฿16.3M
▼ -36% underpriced
Monthly Rentals
N/A
Year Built
Jul 2015
Completion Status
Completed
Project Name
Aurora Pratumnak
Location
Nong Prue, Pattaya, Chon Buri
Number of units
117
Sales Prices
฿2.01M - ฿5.53M
▼ -19.5% underpriced
Monthly Rentals
฿16.1K - ฿23.1K
Year Built
Nov 2016
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
75
Sales Prices
฿8.04M - ฿28M
▼ -1.8% underpriced
Monthly Rentals
N/A
Year Built
May 2019
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
77
Sales Prices
฿23.1M - ฿100M
▼ -16% underpriced
Monthly Rentals
฿90.5K
Year Built
May 2005
Completion Status
Completed
Project Name
Casa Espana
Location
Nong Prue, Pattaya, Chon Buri
Number of units
108
Sales Prices
฿955K - ฿2.01M
Monthly Rentals
N/A
Year Built
Jan 1993
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
126
Sales Prices
฿4.22M - ฿7.04M
▼ -19% underpriced
Monthly Rentals
฿26.1K - ฿40.2K
Year Built
May 2012
Completion Status
Completed
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