Unit ID: U63429
7% Rental Yield
Bang Sare, Pattaya, Chon Buri
฿1,400,000 ฿1,600,000
1 Bedroom
1
Bathroom
36 SqM
Size
2
Floor
Aug 2015
Completed

About This Condo

This property is a 36 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Bang Sare, Pattaya and was completed in Aug 2015. You can buy this condo for a base price of ฿1,400,000 (฿38,889/SqM) and it is also available for long term rentals starting from ฿8,000 per month.

A Considerable Investment Opportunity: Bang Saray Beach Resort Condo

Graciously ensconced within one of the most coveted addresses of Bang Saray Beach Resort, this uniquely configured commercial condominium is a stunning addition to the region's generous selection of property. Offering an expansive coverage of 36 square meters, this chattel presents an invaluable investment opportunity clad with the indulgences of modernity.From the moment one steps inside this charming abode, a warm and inviting atmosphere enfolds them with the spoils of contemporary livability. The polished concrete flooring and the intricate details of this compact condo are brusquely pleasing in design, drawing one's admiration in an inviting realm. Spanning a single bedroom and one bathroom, its deceptively ostentatious interior is enrobed with aesthetic charm and a delicate layout, providing an idyllic setting of peace and serenity.This commodious condo is thoughtfully placed within the historic Bang Saray Beach Resort's compound, allowing its residences easy access to a range of incredible amenities, including a communal swimming pool, tennis court, and gym. Completed just four years ago in August 2015 and available for sale at an introductory price of ฿1,400,000 (equating to ฿38,889/square meter) and monthly rental starting from ฿8,000, the commercial property has only grown in value since its inception; an ideal space for a savvy investor or reveler with an eye for luxurious acquisitions.The epitome of sophistication and quality, this property located in the sought-after Bang Saray Beach Resort embodies the ideal solution for a luxurious, convenient escape. With a stunning selection of amenities and an idyllic urban living experience, this condo provides an unmatched opportunity for those seeking substantial real estate investments.

Features

Covered ParkingCovered Parking BalconyBalcony Wifi IncludedWifi Included Outdoor ShowersOutdoor Showers

Basic Information

Date Listed Oct 9, 2019
Updated 4 years ago
Property Type Condo
Floor 2
Bedroom 1
Size 36 SqM
Price per SqM ฿38,889
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, Garden View
Unit Type B
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.
฿1,080/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U63429

Investment Opportunity: Charges & Yield

Sale Price
฿1,400,000
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.
฿1,080/mo
Rent
฿8,000/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.
15
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
7%

Project Details

Project Name: Bang Saray Beach Resort
Developer: N/A
Construction: Completed (Aug 2015)
Floors: 8
Buildings: N/A
Units: 300
Project Area: N/A
Nearest Landmark Bang Saray Beach - 0.3 Km
Location: Bang Sare, Pattaya
Bang Saray Beach Resort Project Details

Project Features

Hotel Managed Hotel Managed
On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
Bar Bar
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area

Available Units at Bang Saray Beach Resort

For Sale 6 For Rent 1
Get notified when new homes are being added to Bang Saray Beach Resort
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Frequently Asked Questions

The common area maintenance fee is ฿30 per square meter based on the size of indoor area of the property and is ฿1,080 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 Bang Saray Beach Resort the required payment for the sinking fund is ฿400 per square meter based on the size of the indoor area of the property.
Bang Saray Beach is the nearest Beach from Bang Saray Beach Resort and it is 0.3 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 Bang Saray Beach Resort 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 Sare

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Bang Saray Beach Resort

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
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Year Built
Completion Status
Location
Bang Sare, Sattahip, Chon Buri
Number of units
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Sales Prices
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▼ -25% underpriced
Monthly Rentals
฿6.97K - ฿7.47K
Year Built
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Completion Status
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Project Name
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Location
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Number of units
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฿2.19M - ฿7.96M
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Year Built
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Completion Status
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Location
Bang Sare, Sattahip, Chon Buri
Number of units
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Sales Prices
฿895K - ฿1.34M
▼ -48% underpriced
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Year Built
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Completion Status
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Project Name
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Number of units
70
Sales Prices
฿2.38M - ฿2.58M
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Monthly Rentals
N/A
Year Built
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Completion Status
Completed
Location
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Number of units
235
Sales Prices
฿3.8M - ฿6.97M
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Monthly Rentals
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Year Built
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Completion Status
Completed
Location
Bang Sare, Sattahip, Chon Buri
Number of units
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Sales Prices
฿3.81M
Monthly Rentals
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Year Built
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Completion Status
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Project Name
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Location
Bang Sare, Sattahip, Chon Buri
Number of units
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Sales Prices
฿4.08M - ฿9.96M
▲ 12.2% overpriced
Monthly Rentals
N/A
Year Built
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Completion Status
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Project Name
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Location
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Number of units
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Sales Prices
฿9.21M - ฿22.4M
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Monthly Rentals
N/A
Year Built
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Completion Status
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Project Name
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Location
Bang Sare, Sattahip, Chon Buri
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
Bang Sare, Sattahip, Chon Buri
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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
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