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    Studio Condo for sale at Majestic Jomtien Condominium
    Nong Prue, Pattaya, Chon Buri
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    Sale Price
    ฿850,000
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    Studio Condo for sale at Majestic Jomtien Condominium
     (Write Review)
    Unit ID: U1947122
    15% Rental Yield
    Tenant-Occupied until Jul 10, 2025
    Nong Prue, Pattaya, Chon Buri
    ฿850,000
    Studio Bedroom
    1
    Bathroom
    31 SqM
    Size
    3
    Floor
    May 1994
    Completed
    9
    Sale Price
    ฿850,000

    About This Condo

    This property is a 31 SqM studio condo with 1 bathroom that is available for sale. It is part of the Majestic Jomtien Condominium project in Nong Prue, Pattaya and was completed in May 1994. You can buy this condo for a base price of ฿850,000 (฿27,419/SqM).

    Basic Information

    Date Listed Oct 9, 2024
    Updated 23 hours ago
    Property Type Condo
    Floor 3
    Bedroom Studio
    Size 31 SqM
    Price per SqM ฿27,419
    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.
    ฿620/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1947122

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿850,000
    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.
    ฿620/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.
    7
    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 Majestic Jomtien Condominium, and the current sales price.
    15%

    Project Details

    Project Name: Majestic Jomtien Condominium
    Developer: N/A
    Construction: Completed (May 1994)
    Floors: 5
    Buildings: N/A
    Units: 179
    Project Area: N/A
    Nearest Landmark Jomtien Beach Central - 1 Km
    Location: Nong Prue, Pattaya
    Majestic Jomtien Condominium Project Details

    Project Features

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

    Available Units at Majestic Jomtien Condominium

    For Sale 1 For Rent 2
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    • Studio
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    Frequently Asked Questions

    No pets are allowed at Majestic Jomtien 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 ฿20 per square meter based on the size of indoor area of the property and is ฿620 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.
    Jomtien Beach Central is the nearest Beach from Majestic Jomtien Condominium and it is 1 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 Majestic Jomtien Condominium 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
    Nong Prue

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