Unit ID: U1973426
6% Rental Yield
Nong Prue, Pattaya, Chon Buri
฿4,590,000
1 Bedroom
1
Bathroom
47.06 SqM
Size
5
Floor
Jun 2018
Completed

About This Condo

This property is a 47.06 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Nong Prue, Pattaya and was completed in Jun 2018. You can buy this condo for a base price of ฿4,590,000 (฿97,535/SqM).

1bedroom for sale at Grand Avenue Residence

Grand Avenue Residence Condo1 Bedroom, 1 Bathroom, Size: 47.06 sqm, 5th Floor.Modern built-in kitchen. Located in the heart of Pattaya, close to tourist attractions, entertainment venues, and shopping malls. Full condo amenities including a fitness center and swimming pool. FacilitiesElevatorWater parkPool BarFitness centerGardenSwimming poolYoga areaGame roomLibraryParking spaceSauna roomJacuzziChildren's areaKey card access24-hour security system with CCTVDirectionTo get to the project by car, start from Central Pattaya Road, heading west onto Soi Pattaya Klang 4. Continue for 1 kilometer and turn left to Soi Buakhao for about 1.1 kilometers. Then, turn right onto Soi Buakhao 15 for 300 meters; you will find the project on the left.(Transfer fee 50/50)

Features

Pool AccessPool Access TerraceTerrace

Basic Information

Date Listed Nov 21, 2024
Updated 1 month ago
Property Type Condo
Floor 5
Bedroom 1
Size 47.06 SqM
Price per SqM ฿97,535
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
Furniture
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) Park View, Pool View, Garden 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.
฿2,353/mo
Listed By
Private Owner
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1973426

Investment Opportunity: Charges & Yield

Sale Price
฿4,590,000
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.
฿2,353/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.
16
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 Grand Avenue Residence, and the current sales price.
6%

Project Details

Project Name: Grand Avenue Residence
Developer: Nova Group
Construction: Completed (Jun 2018)
Floors: 8
Buildings: 6
Units: 788
Project Area: 17,600 SqM
Nearest Landmark Central Pattaya Beach - 0.6 Km
Location: Nong Prue, Pattaya
Grand Avenue Residence 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)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Spa Spa
Steam Room Steam Room
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Yoga Area Yoga Area
Communal Garden Area Communal Garden Area
Key card access Key card access

Popular Facilities at Grand Avenue Residence

  • Communal Pool
    1st Floor
  • Communal Gym
    1st Floor
  • Sauna
    1st Floor
  • Steam Room
    1st Floor

Available Units at Grand Avenue Residence

For Sale 8 For Rent 5
Get notified when new homes are being added to Grand Avenue Residence
View All (8)

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Frequently Asked Questions

No pets are allowed at Grand Avenue Residence 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 ฿50 per square meter based on the size of indoor area of the property and is ฿2,353 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 Grand Avenue Residence the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Central Pattaya Beach is the nearest Beach from Grand Avenue Residence 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 Grand Avenue Residence you have to follow these steps:

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

 


Installment Milestone Payment
1st Installment
Deposit
฿100,000
2nd Installment
30 days after contract signing
100%

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

4.7 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
New Condominium
Claes Warthen, Belgium, 5 years ago
I have stayed here since the opening. The room is spacious in modern decoration. More importantly, the project is near shopping centers, restaurants; you can walk to Avenue Shopping Mall within 800 meters. If you like nightlife such as pubs and bars, there is also Walking Street, a famous place in Pattaya that is about 1 kilometer away. You can get there by motorcycle taxi, or walk if you are not lazy. I like the atmosphere of the sea and nature, so I wake up early to Pattaya Beach for sunbathing and swimming. If I remember correctly, I think the condo has a shuttle bus service that takes you from the property to Pattaya beach. Make it more convenient for me as I go there every day. On rainy days, I always use the facilities such as the swimming pool, fitness, sauna, yoga area, and my favorite spot is staying in a game room instead of going to the beach. The service here is alright, but not excellent. It might be because there are too many rooms which make it difficult to take care of all the residents, but that's not a problem for me. The room price is reasonable. If I have a chance to come back, I will stay here again for sure.
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Grand Avenue Residence

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
The Pride
Location
Nong Prue, Pattaya, Chon Buri
Number of units
79
Sales Prices
฿3.7M - ฿4.4M
▼ -16% underpriced
Monthly Rentals
฿26K
Year Built
Jul 2009
Completion Status
Completed
Project Name
Avenue Residence
Location
Nong Prue, Pattaya, Chon Buri
Number of units
228
Sales Prices
฿2.29M - ฿2.6M
▼ -21% underpriced
Monthly Rentals
฿12K - ฿18K
Year Built
May 2010
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
380
Sales Prices
฿4.7M
▼ -13% underpriced
Monthly Rentals
฿11K - ฿25K
Year Built
Sep 2015
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
158
Sales Prices
฿4.7M - ฿12.8M
▼ -30% underpriced
Monthly Rentals
฿22K - ฿40K
Year Built
Jun 2009
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
1112
Sales Prices
฿2.55M - ฿7.9M
▲ 7.8% overpriced
Monthly Rentals
฿14K - ฿45K
Year Built
Apr 2016
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
603
Sales Prices
฿4.9M - ฿12.2M
▼ -21% underpriced
Monthly Rentals
฿24K - ฿70K
Year Built
Oct 2021
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
366
Sales Prices
฿3.32M - ฿10M
▼ -1.3% underpriced
Monthly Rentals
฿13K - ฿35K
Year Built
Nov 2010
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
N/A
Sales Prices
฿2.55M - ฿5.4M
▼ -27.5% underpriced
Monthly Rentals
฿15K - ฿19.5K
Year Built
Nov 1992
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
9
Sales Prices
฿29.9M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
26
Sales Prices
฿18.5M - ฿25.5M
Monthly Rentals
N/A
Year Built
May 2025
Completion Status
Off Plan
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