Unit ID: U1891225
11% Rental Yield
Nong Prue, Pattaya, Chon Buri
฿1,200,000
Studio Bedroom
1
Bathroom
29 SqM
Size
14
Floor
Jul 1993
Completed

About This Condo

This property is a 29 SqM studio condo with 1 bathroom that is available for sale. It is part of the Pattaya Condotel Chain project in Nong Prue, Pattaya and was completed in Jul 1993. You can buy this condo for a base price of ฿1,200,000 (฿41,379/SqM).

Features

BeachfrontBeachfront Pool AccessPool Access BalconyBalcony

Basic Information

Date Listed Jul 8, 2024
Updated 2 months ago
Property Type Condo
Floor 14
Bedroom Studio
Size 29 SqM
Price per SqM ฿41,379
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) Sea View, 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.
฿435/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1891225

Investment Opportunity: Charges & Yield

Sale Price
฿1,200,000
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.
฿435/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.
9
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 Pattaya Condotel Chain, and the current sales price.
11%

Project Details

Project Name: Pattaya Condotel Chain
Developer: N/A
Construction: Completed (Jul 1993)
Floors: 15
Buildings: N/A
Units: 299
Project Area: N/A
Nearest Landmark Jomtien Beach South - 1.1 Km
Location: Nong Prue, Pattaya
Pattaya Condotel Chain Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)

Available Units at Pattaya Condotel Chain

For Sale 3 For Rent 1
Get notified when new homes are being added to Pattaya Condotel Chain
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Frequently Asked Questions

The common area maintenance fee is ฿561 per square meter based on the size of indoor area of the property and is ฿435 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 South is the nearest Beach from Pattaya Condotel Chain and it is 1.1 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 Pattaya Condotel Chain 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 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Suitable for family vacations
Shahad Bashir, India, 6 years ago
Excellent place to stay with a pleasant atmosphere perfect for a family. The condominium is of high quality. Despite its age, it is a spacious room with full facilities, like a swimming pool, a park, and a playground. Jomtien Beach is only 350 meters away from the project. On top of that, there are many different street foods near the beach, which is very convenient.
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Pattaya Condotel Chain

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
Project Name
Trio Gems
Location
Nong Prue, Pattaya, Chon Buri
Number of units
315
Sales Prices
฿1.22M - ฿1.57M
▲ 8.7% overpriced
Monthly Rentals
N/A
Year Built
Apr 2017
Completion Status
Completed
Project Name
La Santir
Location
Nong Prue, Pattaya, Chon Buri
Number of units
523
Sales Prices
฿1.5M - ฿5.11M
▼ -16% underpriced
Monthly Rentals
฿7.95K - ฿14.9K
Year Built
Nov 2015
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
410
Sales Prices
฿1.69M - ฿36.8M
▼ -43% underpriced
Monthly Rentals
฿34.8K - ฿149K
Year Built
Nov 1997
Completion Status
Completed
Project Name
Baan Suan Lalana
Location
Nong Prue, Pattaya, Chon Buri
Number of units
459
Sales Prices
฿1.06M - ฿17.9M
▼ -46% underpriced
Monthly Rentals
฿9.94K - ฿84.5K
Year Built
Dec 1991
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
N/A
Sales Prices
฿8.85M
Monthly Rentals
N/A
Year Built
Jan 2008
Completion Status
Completed
Project Name
Aeras
Location
Nong Prue, Pattaya, Chon Buri
Number of units
333
Sales Prices
฿3.08M - ฿11.8M
▲ 8% overpriced
Monthly Rentals
฿19.9K - ฿199K
Year Built
Aug 2017
Completion Status
Completed
Project Name
Adare Villas
Location
Nong Prue, Pattaya, Chon Buri
Number of units
9
Sales Prices
฿6.21M
Monthly Rentals
฿44.7K
Year Built
Jun 2010
Completion Status
Completed
Project Name
Porch Land 2
Location
Nong Prue, Pattaya, Chon Buri
Number of units
154
Sales Prices
฿2.09M
▼ -48% underpriced
Monthly Rentals
฿12.9K
Year Built
Jun 2012
Completion Status
Completed
Location
Nong Pla Lai, Pattaya, Chon Buri
Number of units
N/A
Sales Prices
฿1.09M
Monthly Rentals
N/A
Year Built
Jan 1992
Completion Status
Completed
Project Name
Cetus Beachfront
Location
Nong Prue, Pattaya, Chon Buri
Number of units
310
Sales Prices
฿4.47M - ฿20.4M
▲ 3.7% overpriced
Monthly Rentals
฿14.9K - ฿74.6K
Year Built
Jun 2015
Completion Status
Completed
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