Unit ID: U1910895
4% Rental Yield
Nong Prue, Pattaya, Chon Buri
฿4,700,000
Studio Bedroom
1
Bathroom
35 SqM
Size
8
Floor
Sep 2015
Completed

About This Condo

This property is a 35 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 Sep 2015. You can buy this condo for a base price of ฿4,700,000 (฿134,286/SqM).

Centara Avenue Residence and Suites for Sale

This property is a 35 m² studio condo with 1 bathrooms  that is available for sale.  It is part of the Centara Avenue Residence and Suites project in Bang Lamung, Chonburi and was completed in Sep 2015. Overview of Centara Avenue Residence and Suites in South Pattaya, Pattaya Centara Avenue Residence and Suites is a condo project located in South Pattaya, Pattaya and was completed in Sep 2015.. It has 108 units across 8 floors and was developed by Tulip Group.   About Centara Avenue Residence and Suites Centara Avenue Residence and Suites: meets the elegance in Centara style and be impressed by the management team from the largest hotel chain in Thailand. As it is designed as a mixed-use project, the condominium is situated in the same location as the hotel with complete facilities such as a swimming pool, fitness center, sauna, bar, restaurants, and Jacuzzi. Located in the best location of Pattaya, the project is offering convenient travel, connecting to many main roads and various amenities. You can enjoy entertainment from day to night, near shopping centers, bars, restaurants, hospitals, and many more. Just a few minutes to Pattaya Beach and Pattaya Walking Street, popular tourist attractions of Pattaya, or you can find peace of mind by showing respect at Phra Chaimongkol Temple, the royal temple full of sanctity and magic. Project InformationCentara Avenue Residence and Suites is located at 15 Soi Buakhao 15, Pattaya Sai 2 Road, Naklua, Bang Lamung, Chon Buri. It is a development from Tulip Group, which was completed in 2015. The project is a low-rise condominium, 4 buildings, 8 floors with 380 residential units. Room Types and DetailsA studio 1 bedroom 2 bedrooms The living area starts from 30 - 78 sq.m. FacilitiesLobby Fitness centerSauna Restaurant Bar Jacuzzi The park Swimming pool Parking spaceKey card accessCCTV 24-hour security systemDirectionTo get to the project by car, start from Sukhumvit - Pattaya Klang intersection. Head west on Pattaya Klang Road for 1.4 kilometers and turn left onto Soi Buakhao for 1.1 kilometers. Then, turn right onto Soi Buakhao 15; you will find Centara Avenue Residence and Suites on the right.

Features

BalconyBalcony MicrowaveMicrowave TVTV

Basic Information

Date Listed Aug 12, 2024
Updated 4 months ago
Property Type Condo
Floor 8
Bedroom Studio
Size 35 SqM
Price per SqM ฿134,286
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
Unit Type N/A
Building Building 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.
฿1,575/mo
Listed By
Each listing provided by partnered agents is individually verified by BPP. Partner Agents work for different brokerages or property management companies but have teamed up with BPP so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1910895

Investment Opportunity: Charges & Yield

Sale Price
฿4,700,000
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.
฿1,575/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.
27
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 Centara Avenue Residence and Suites, and the current sales price.
4%

Project Details

Developer: Tulip Group
Construction: Completed (Sep 2015)
Floors: 8
Buildings: 3
Units: 380
Project Area: 6,600 SqM
Nearest Landmark South Pattaya Beach - 1.2 Km
Location: Nong Prue, Pattaya
Centara Avenue Residence and Suites Project Details

Project Features

Hotel Managed Hotel Managed
On Site Restaurant On Site Restaurant
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
Spa Spa
Steam Room Steam Room
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Lounge Lounge
Communal Garden Area Communal Garden Area
Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Centara Avenue Residence and Suites

  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor

Available Units at Centara Avenue Residence and Suites

For Sale 2 For Rent 4
Get notified when new homes are being added to Centara Avenue Residence and Suites
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Frequently Asked Questions

No pets are allowed at Centara Avenue Residence and Suites 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 ฿1,575 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 Centara Avenue Residence and Suites the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
South Pattaya Beach is the nearest Beach from Centara Avenue Residence and Suites 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 Centara Avenue Residence and Suites 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

4.5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Great location
Richard Havis, United Kingdom, 5 years ago
The project is situated in a great location right in the heart of local amenities, including shopping malls, bars, restaurants, convenience stores. Pattaya Beach and Pattaya walking street is a 10-minutes away by foot. You don't need to rent a motorbike or a car while staying here. I rented a fully furnished 1-bedroom unit here at a reasonable price. The room is clean, and there is a housekeeper to clean the room twice a week. The project's facilities are also complete, such as a garden, a gym, a swimming pool, etc. Oh, there's a restaurant in the project too. If you don't want to go out, you can order food at an affordable price, and it's yummy. Friendly staff, good service, and super convenient. Highly recommend it here! I will definitely stay here if I am coming back to Pattaya again next time!
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Centara Avenue Residence and Suites

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
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Location
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Number of units
228
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฿2.29M - ฿2.6M
▼ -21% underpriced
Monthly Rentals
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Year Built
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Completion Status
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Location
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Number of units
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฿4.71M - ฿12.8M
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Year Built
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Completion Status
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Location
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Number of units
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Year Built
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Number of units
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Completion Status
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Project Name
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Number of units
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฿3.7M - ฿4.41M
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Monthly Rentals
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Year Built
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Completion Status
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Location
Nong Prue, Pattaya, Chon Buri
Number of units
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Sales Prices
฿2.55M - ฿5.41M
▼ -27.5% underpriced
Monthly Rentals
฿15K - ฿19.5K
Year Built
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Completion Status
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Location
Nong Prue, Pattaya, Chon Buri
Number of units
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Sales Prices
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Monthly Rentals
฿24K - ฿70.1K
Year Built
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Completion Status
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Location
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Number of units
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Sales Prices
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Monthly Rentals
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Year Built
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Completion Status
Completed
Location
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Number of units
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Sales Prices
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Monthly Rentals
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Year Built
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Completion Status
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Location
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Number of units
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Sales Prices
฿18.5M - ฿25.5M
Monthly Rentals
N/A
Year Built
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Completion Status
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