Unit ID: U1933955
7% Rental Yield
Si Racha, Pattaya, Chon Buri
Sold
2 Bedrooms
2
Bathrooms
67 SqM
Size
18
Floor
Jul 2020
Completed

About This Condo

This property is a 67 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Si Racha, Pattaya and was completed in Jul 2020. You can buy this condo for a base price of ฿0 (฿0/SqM) and it is also available for long term rentals starting from ฿45,000 per month.

Features

Washing MachineWashing Machine MicrowaveMicrowave TVTV Cable TVCable TV

Basic Information

Date Listed Sep 16, 2024
Updated 4 days ago
Property Type Condo
Floor 18
Bedrooms 2
Size 67 SqM
Price per SqM ฿0
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) Sea View, 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.
฿3,350/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1933955

Investment Opportunity: Charges & Yield

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.
฿3,350/mo
Rent
฿45,000/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.
14
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: Keen Centre Sriracha
Developer: N/A
Construction: Completed (Jul 2020)
Floors: 38
Buildings: N/A
Units: 625
Project Area: 5,508 SqM
Nearest Landmark Na Kluea Beach - 13.9 Km
Location: Si Racha, Pattaya
Keen Centre Sriracha Project Details

Project Features

Communal Pool Communal Pool
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
Steam Room Steam Room
Direct Beach Access Direct Beach Access
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Onsen Onsen
Library / Reading Room Library / Reading Room
Golf Simulator Golf Simulator
Communal Garden Area Communal Garden Area
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Available Units at Keen Centre Sriracha

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Frequently Asked Questions

No pets are allowed at Keen Centre Sriracha 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 ฿3,350 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 Keen Centre Sriracha the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Na Kluea Beach is the nearest Beach from Keen Centre Sriracha and it is 13.9 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 Keen Centre Sriracha 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
Si Racha

Neighborhood Overview

Location and Neighborhood

Street View

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