Unit ID: U1679048
9% Rental Yield
Nong Prue, Pattaya, Chon Buri
฿7,130,000
1 Bedroom
2
Bathrooms
116.79 SqM
Size
7
Floor
May 2023
Completed

About This Condo

This property is a 116.79 SqM condo with 1 bedroom and 2 bathrooms that is available for sale. It is part of the project in Nong Prue, Pattaya and was completed in May 2023. You can buy this condo for a base price of ฿7,130,000 (฿61,050/SqM).

Features

BalconyBalcony BathtubBathtub MicrowaveMicrowave TVTV

Basic Information

Date Listed Oct 9, 2023
Updated 5 months ago
Property Type Condo
Floor 7
Bedroom 1
Size 116.79 SqM
Price per SqM ฿61,050
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%.

Thai Quota, Company
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.
Available for ฿200,000
View(s) Sea View
Unit Type 1BR
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.
฿4,088/mo
Listed By
Developer
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1679048

Investment Opportunity: Charges & Yield

Sale Price
฿7,130,000
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.
฿4,088/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.
11
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 1 bedroom condos at Gardenia Pattaya, and the current sales price.
9%

Project Details

Project Name: Gardenia Pattaya
Construction: Completed (May 2023)
Floors: 7
Buildings: 1
Units: 54
Project Area: 2,356 SqM
Nearest Landmark Chonburi Immigration Pattaya - 0.6 Km
Location: Nong Prue, Pattaya
Gardenia Pattaya Project Details

Project Features

Communal Pool Communal Pool
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Communal Garden Area Communal Garden Area

Popular Facilities at Gardenia Pattaya

  • Communal Pool
    Ground Floor
  • Communal Garden Area
    Ground Floor

Available Units at Gardenia Pattaya

For Sale 7 For Rent 4
Get notified when new homes are being added to Gardenia Pattaya
View All (7)

Loan Calculator

Payment Plan

1 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Upon contract signing
10%
2nd Installment
On handover
90%
2 Bedrooms
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
10%
2nd Installment
On handover
90%

Frequently Asked Questions

No pets are allowed at Gardenia Pattaya 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 ฿35 per square meter based on the size of indoor area of the property and is ฿4,088 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 Gardenia Pattaya the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Chonburi Immigration Pattaya is the nearest Immigration Office from Gardenia Pattaya and it is 0.6 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 Gardenia Pattaya you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


1 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Upon contract signing
10%
2nd Installment
On handover
90%
2 Bedrooms
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
10%
2nd Installment
On handover
90%

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

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Gardenia Pattaya

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Year Built
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Project Name
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Number of units
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Project Name
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Number of units
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฿13M
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Completion Status
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฿21.2M - ฿28.2M
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Year Built
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Completion Status
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Location
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฿3.01M - ฿22.5M
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฿2.72M - ฿12.8M
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Location
Nong Prue, Pattaya, Chon Buri
Number of units
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Monthly Rentals
฿65.5K - ฿151K
Year Built
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Completion Status
Completed
Location
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Number of units
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Year Built
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Completion Status
Completed
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