Unit ID: U1730434
7% Rental Yield
Tenant-Occupied until Aug 1, 2025
Nong Prue, Pattaya, Chon Buri
฿5,950,000
2 Bedrooms
2
Bathrooms
112 SqM
Size
2
Floor
May 2013
Completed

About This Condo

This property is a 112 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 May 2013. You can buy this condo for a base price of ฿5,950,000 (฿53,125/SqM) and it is also available for long term rentals starting from ฿33,000 per month.

Features

Garden AccessGarden Access Covered ParkingCovered Parking Corner UnitCorner Unit BalconyBalcony Wifi IncludedWifi Included Full Western KitchenFull Western Kitchen BathtubBathtub Washing MachineWashing Machine OvenOven TVTV

Basic Information

Date Listed Feb 7, 2024
Updated 3 months ago
Property Type Condo
Floor 2
Bedrooms 2
Size 112 SqM
Price per SqM ฿53,125
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
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) Park View, Pool View
Unit Type N/A
Building The Place Pratumnak
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.
฿4,480/mo
Listed By
Each listing provided by partnered agents is individually verified by SamuiTimes. Partner Agents work for different brokerages or property management companies but have teamed up with SamuiTimes so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1730434

Investment Opportunity: Charges & Yield

Sale Price
฿5,950,000
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.
฿4,480/mo
Rent
฿33,000/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.
15
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: The Place Pratumnak
Construction: Completed (May 2013)
Floors: 8
Buildings: 1
Units: 75
Project Area: 1,290 SqM
Nearest Landmark Cozy Beach - 0.5 Km
Location: Nong Prue, Pattaya
The Place Pratumnak Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Communal Garden Area Communal Garden Area
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at The Place Pratumnak

  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor

Available Units at The Place Pratumnak

For Sale 3 For Rent 7
Get notified when new homes are being added to The Place Pratumnak
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Frequently Asked Questions

No pets are allowed at The Place Pratumnak 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 ฿40 per square meter based on the size of indoor area of the property and is ฿4,480 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 The Place Pratumnak the required payment for the sinking fund is ฿400 per square meter based on the size of the indoor area of the property.
Cozy Beach is the nearest Beach from The Place Pratumnak and it is 0.5 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 The Place Pratumnak 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

3.8 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Good place to stay, near walking street
Mathew Caron, France, 5 years ago
I came from France, looking for a quiet condo and away from the hustle and bustle area, yet not far from the city. From this condo, I can get to the viewpoint on Pratumnak Hill just in 3 minutes and 10 minutes to Walking Street Pattaya. Condos are very quiet and private because there are not many units. The project's common area is adequate and is suitable for the number of residents. It's a perfect size, such as a swimming pool, a gym, and a poolside relaxation area. Within my 1-bedroom type, the size is about 40 sq.m and fully-furnished. There is a kitchen corner that can actually cook and a cupboard to keep things tidy. The neighbors are friendly. Most of them are long-term tourists and foreigners working here. When compared with other projects, the price is reasonable, with all the same amenities.
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Place Pratumnak

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
39
Sales Prices
฿3.17M
▼ -50% underpriced
Monthly Rentals
฿20.1K
Year Built
May 2010
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
279
Sales Prices
฿2.31M - ฿14.8M
▼ -12.1% underpriced
Monthly Rentals
฿10.1K - ฿25.1K
Year Built
Dec 2015
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
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฿5.23M - ฿7.54M
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Number of units
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฿4.52M - ฿8.55M
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Monthly Rentals
N/A
Year Built
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Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
98
Sales Prices
฿1.31M
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฿10.1K - ฿50.3K
Year Built
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Completion Status
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Project Name
The Cliff Pattaya
Location
Nong Prue, Pattaya, Chon Buri
Number of units
426
Sales Prices
฿2.01M - ฿9.55M
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Monthly Rentals
฿12.1K - ฿30.2K
Year Built
Jan 2013
Completion Status
Completed
Project Name
Peak Condominium
Location
Nong Prue, Pattaya, Chon Buri
Number of units
117
Sales Prices
฿3.02M
▼ -25% underpriced
Monthly Rentals
฿15.1K
Year Built
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Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
27
Sales Prices
฿8.45M - ฿11M
▼ -36% underpriced
Monthly Rentals
N/A
Year Built
Jun 2005
Completion Status
Completed
Project Name
Jewel Pratumnak
Location
Nong Prue, Pattaya, Chon Buri
Number of units
121
Sales Prices
฿4.02M - ฿5.02M
▲ 3.6% overpriced
Monthly Rentals
฿16.1K - ฿45.2K
Year Built
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Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
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Sales Prices
฿1.91M - ฿5.33M
▼ -16.2% underpriced
Monthly Rentals
฿9.05K - ฿12.1K
Year Built
Nov 2015
Completion Status
Completed
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