Unit ID: U1170252
4% Rental Yield
Saen Suk, Pattaya, Chon Buri
฿3,260,000
1 Bedroom
1
Bathroom
44 SqM
Size
7
Floor
Nov 2017
Completed

About This Condo

This property is a 44 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Saen Suk, Pattaya and was completed in Nov 2017. You can buy this condo for a base price of ฿3,260,000 (฿74,091/SqM) and it is also available for long term rentals starting from ฿11,000 per month.

Features

BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Date Listed Nov 8, 2022
Updated 2 years ago
Property Type Condo
Floor 7
Bedroom 1
Size 44 SqM
Price per SqM ฿74,091
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
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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1170252

Investment Opportunity: Charges & Yield

Sale Price
฿3,260,000
Rent
฿11,000/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.
25
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.
4%

Project Details

Construction: Completed (Nov 2017)
Floors: 8
Buildings: N/A
Units: 161
Project Area: N/A
Nearest Landmark Laemtong Bangsaen - 2.8 Km
Location: Saen Suk, Pattaya
Mornington Grand Residence Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Key card access Key card access

Available Units at Mornington Grand Residence

For Sale 1 For Rent 1
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Frequently Asked Questions

No pets are allowed at Mornington Grand Residence unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Laemtong Bangsaen is the nearest Shopping Mall from Mornington Grand Residence and it is 2.8 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 Mornington Grand Residence 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
Saen Suk

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Mornington Grand 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
Location
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Number of units
254
Sales Prices
฿2.25M - ฿2.79M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Location
Saen Suk, Mueang Chon Buri, Chon Buri
Number of units
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฿500K
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Year Built
Jan 1995
Completion Status
Completed
Location
Saen Suk, Mueang Chon Buri, Chon Buri
Number of units
760
Sales Prices
฿8.25M
Monthly Rentals
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Year Built
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Completion Status
Completed
Location
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Number of units
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฿8.4M - ฿14.9M
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Year Built
Feb 2015
Completion Status
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Location
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Number of units
86
Sales Prices
฿8.19M
Monthly Rentals
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Year Built
Jan 2010
Completion Status
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Project Name
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Year Built
N/A
Completion Status
Completed
Location
Mueang, Mueang Chon Buri, 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
Completed
Location
Mueang, Mueang Chon Buri, Chon Buri
Number of units
201
Sales Prices
฿2.1M
Monthly Rentals
N/A
Year Built
Jan 2008
Completion Status
Completed
Location
Saen Suk, Mueang Chon Buri, Chon Buri
Number of units
153
Sales Prices
฿2.95M
▲ 3% overpriced
Monthly Rentals
N/A
Year Built
Jan 2017
Completion Status
Completed
Location
Saen Suk, Mueang Chon Buri, Chon Buri
Number of units
32
Sales Prices
฿13.5M
Monthly Rentals
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Year Built
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Completion Status
Completed
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