Unit ID: U397111
5% Rental Yield
Nong Prue, Pattaya, Chon Buri
฿1,200,000 Great Price
Studio Bedroom
1
Bathroom
30 SqM
Size
10
Floor
Jul 1995
Completed

About This Apartment

This property is a 30 SqM studio apartment with 1 bathroom that is available for sale. It is part of the project in Nong Prue, Pattaya and was completed in Jul 1995. You can buy this apartment for a base price of ฿1,200,000 (฿40,000/SqM).

Features

BalconyBalcony TVTV

Basic Information

Date Listed Feb 18, 2020
Updated 1 year ago
Property Type Apartment
Floor 10
Bedroom Studio
Size 30 SqM
Price per SqM ฿40,000
Pets Not Allowed
Apartment 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
Specific items of furniture can be requested in the sale, or buyers can offer to purchase some or all of it. When negotiating a deal, either party can suggest that such items be included in the sale price.
Negotiable
View(s) City View, Unblocked Open 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.
฿480/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U397111

Investment Opportunity: Charges & Yield

Sale Price
฿1,200,000
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.
฿480/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.
18
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 studio apartments at Thepthip Mansion Condominium , and the current sales price.
5%

Project Details

Developer: N/A
Construction: Completed (Jul 1995)
Floors: 15
Buildings: N/A
Units: 400
Project Area: N/A
Nearest Landmark Dong Tarn Beach - 0.5 Km
Location: Nong Prue, Pattaya
Thepthip Mansion Condominium Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at Thepthip Mansion Condominium

For Sale 3 For Rent 1
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Frequently Asked Questions

No pets are allowed at Thepthip Mansion 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 ฿16 per square meter based on the size of indoor area of the property and is ฿480 for this apartment. 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.
Dong Tarn Beach is the nearest Beach from Thepthip Mansion Condominium 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 Thepthip Mansion 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

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Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Thepthip Mansion Condominium

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Number of units
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Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
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Project Name
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Location
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Number of units
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Number of units
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Sales Prices
฿2.06M - ฿7.97M
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Monthly Rentals
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Year Built
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Completed
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Location
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Number of units
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฿1.49M - ฿3.69M
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Project Name
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Location
Nong Prue, Pattaya, Chon Buri
Number of units
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Sales Prices
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Monthly Rentals
฿13K - ฿38.9K
Year Built
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Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
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Sales Prices
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▲ 5.7% overpriced
Monthly Rentals
฿19.9K - ฿64.8K
Year Built
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Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
N/A
Sales Prices
฿2.07M - ฿3.29M
Monthly Rentals
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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
78
Sales Prices
฿10.7M
▼ -17% underpriced
Monthly Rentals
฿59.8K
Year Built
Dec 2009
Completion Status
Completed
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