Unit ID: U1059786
7% Rental Yield
Nong Prue, Pattaya, Chon Buri
฿4,500,000
2 Bedrooms
2
Bathrooms
72 SqM
Size
7
Floor
Nov 2012
Completed

About This Condo

This property is a 72 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Nong Prue, Pattaya and was completed in Nov 2012. You can buy this condo for a base price of ฿4,500,000 (฿62,500/SqM).

Nice and quiet 72 sqm at South Beach Boutique Condos: 7 floor Has underground parking Rooftop 8th- floor swimming pool and BBQ Shower and Toilet area with great sea views. 24-hour security Air Con Cable TV Fully furnished with top-quality furnishings. Only 49 condo's in the whole building.

Basic Information

Date Listed Feb 21, 2022
Updated 2 years ago
Property Type Condo
Floor 7
Bedrooms 2
Size 72 SqM
Price per SqM ฿62,500
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%.

Foreign Quota, Thai Quota, Company
Furniture
N/A
View(s) N/A
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.
฿3,744/mo
Listed By
Broker Network
Electricity Price N/A
Water Price N/A
Unit ID U1059786

Investment Opportunity: Charges & Yield

Sale Price
฿4,500,000
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.
฿3,744/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.
15
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 2 bedroom condos at South Beach Condominium, and the current sales price.
7%

Project Details

Project Name: South Beach Condominium
Developer: N/A
Construction: Completed (Nov 2012)
Floors: 7
Buildings: N/A
Units: 56
Project Area: N/A
Nearest Landmark Pratumnak Beach - 0.9 Km
Location: Nong Prue, Pattaya
South Beach Condominium Project Details

Project Features

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

Available Units at South Beach Condominium

For Sale 7 For Rent 3
Get notified when new homes are being added to South Beach Condominium
View All (7)

Loan Calculator

Frequently Asked Questions

No pets are allowed at South Beach Condominium 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 ฿52 per square meter based on the size of indoor area of the property and is ฿3,744 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.
Pratumnak Beach is the nearest Beach from South Beach Condominium and it is 0.9 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 South Beach Condominium 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

4 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
It is suitable for residence and investment.
Kim Lee, South Korea, 5 years ago
There is only one condo here, so it is relatively peaceful and private. The common area is quite spacious. The deck includes a swimming pool and a lounge area overlooking the beach. The room has a large balcony and is fully furnished. The project offers a good security system, and getting to the project is easy and convenient. I think the disadvantage will be the car parking is relatively small and too narrow. Maybe you have to waste a lot of time looking for a parking space. Overall, it is suitable to purchase for residence and investment.
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby South Beach Condominium

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
Nong Prue, Pattaya, Chon Buri
Number of units
1
Sales Prices
฿21M - ฿25M
Monthly Rentals
N/A
Year Built
Nov 2012
Completion Status
Completed
Project Name
VN Residence 3
Location
Nong Prue, Pattaya, Chon Buri
Number of units
53
Sales Prices
฿4.59M
▲ 15% overpriced
Monthly Rentals
฿18K
Year Built
Jul 2015
Completion Status
Completed
Project Name
Siam Ocean View
Location
Nong Prue, Pattaya, Chon Buri
Number of units
43
Sales Prices
฿4.8M - ฿7M
▼ -3.3% underpriced
Monthly Rentals
฿45K
Year Built
Jun 2008
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
142
Sales Prices
฿1.8M - ฿1.8M
▼ -6.8% underpriced
Monthly Rentals
N/A
Year Built
Jun 2021
Completion Status
Completed
Project Name
Art On The Hill
Location
Nong Prue, Pattaya, Chon Buri
Number of units
159
Sales Prices
฿1.65M
▼ -38% underpriced
Monthly Rentals
฿8K - ฿14K
Year Built
Dec 2014
Completion Status
Completed
Project Name
Water Park
Location
Nong Prue, Pattaya, Chon Buri
Number of units
210
Sales Prices
฿1.4M - ฿2.64M
▼ -11.7% underpriced
Monthly Rentals
N/A
Year Built
May 2015
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
10
Sales Prices
฿3.9M
Monthly Rentals
N/A
Year Built
Dec 2012
Completion Status
Completed
Project Name
Sweet Condo 2
Location
Nong Prue, Pattaya, Chon Buri
Number of units
114
Sales Prices
฿1.8M
Monthly Rentals
฿6K
Year Built
Jun 2012
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
70
Sales Prices
฿5.04M - ฿13.8M
▲ 11% overpriced
Monthly Rentals
฿15K - ฿20K
Year Built
Nov 2010
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
78
Sales Prices
฿10.7M
▼ -17% underpriced
Monthly Rentals
฿60K
Year Built
Dec 2009
Completion Status
Completed
Back to top
  • Fazwaz Group Sites www.fazwaz.cn www.fazwaz.ru www.fazwaz.fr www.fazwaz.de www.fazwaz.es