Unit ID: U1768962
9% Rental Yield
Nong Prue, Pattaya, Chon Buri
฿1,600,000
1 Bedroom
1
Bathroom
40 SqM
Size
10
Floor
Nov 2000
Completed

About This Condo

This property is a 40 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 Nov 2000. You can buy this condo for a base price of ฿1,600,000 (฿40,000/SqM) and it is also available for long term rentals starting from ฿12,000 per month.

Features

BalconyBalcony TVTV

Basic Information

Date Listed Mar 29, 2024
Updated 7 months ago
Property Type Condo
Floor 10
Bedroom 1
Size 40 SqM
Price per SqM ฿40,000
Pets N/A
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.
Fully Furnished
View(s) City View, Pool 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.
฿1,400/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1768962

Investment Opportunity: Charges & Yield

Sale Price
฿1,600,000
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.
฿1,400/mo
Rent
฿12,000/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.
11
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.
9%

Project Details

Project Name: Sombat Pattaya Condotel
Developer: N/A
Construction: Completed (Nov 2000)
Floors: 13
Buildings: N/A
Units: 250
Project Area: N/A
Nearest Landmark Cozy Beach - 1 Km
Location: Nong Prue, Pattaya
Sombat Pattaya Condotel Project Details

Project Features

Communal Pool Communal Pool
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area

Available Units at Sombat Pattaya Condotel

For Sale 1 For Rent 2
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Frequently Asked Questions

The common area maintenance fee is ฿35 per square meter based on the size of indoor area of the property and is ฿1,400 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.
Cozy Beach is the nearest Beach from Sombat Pattaya Condotel and it is 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 Sombat Pattaya Condotel 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

3.7 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Quality room with reasonable price
Hyo Maestas, South Korea, 4 years ago
This condo suits for a long term stay as the rate is reasonable. The furniture is quality, and the living area is spacious, perfectly divided into zones. Anyway, the balcony looks a bit small and insufficient for hanging the clothes. I think it suits for a relaxation corner, nicely set on a small set of tables. Moreover, it is close to the beach and convenient for traveling to other nearby tourist attractions.
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Sombat Pattaya Condotel

Location
Number of units
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Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
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Year Built
Completion Status
Location
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Number of units
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Sales Prices
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▼ -28% underpriced
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Year Built
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Completion Status
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Location
Nong Prue, Pattaya, Chon Buri
Number of units
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Sales Prices
฿4.58M - ฿6.48M
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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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Number of units
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Location
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Number of units
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