Unit ID: U1935731
4% Rental Yield
Nong Prue, Pattaya, Chon Buri
Sold
Studio Bedroom
1
Bathroom
23 SqM
Size
12
Floor
Dec 2013
Completed

About This Condo

This property is a 23 SqM studio condo with 1 bathroom that is available for sale. It is part of the project in Nong Prue, Pattaya and was completed in Dec 2013. You can buy this condo for a base price of ฿1,390,000 (฿60,435/SqM).

Features

BalconyBalcony MicrowaveMicrowave TVTV

Basic Information

Date Listed Sep 18, 2024
Updated 1 month ago
Property Type Condo
Floor 12
Bedroom Studio
Size 23 SqM
Price per SqM ฿60,435
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) 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.
฿460/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1935731

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.
฿460/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.
23
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 condos at Lumpini Park Beach Jomtien, and the current sales price.
4%

Project Details

Developer: LPN Development
Construction: Completed (Dec 2013)
Floors: 30
Buildings: 3
Units: 1846
Project Area: 30,400 SqM
Nearest Landmark Jomtien Beach South - 1 Km
Location: Nong Prue, Pattaya
Lumpini Park Beach Jomtien Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
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
Communal Garden Area Communal Garden Area
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Lumpini Park Beach Jomtien

  • Communal Pool
    6th Floor
  • Co-Working Space / Meeting Room
    6th Floor
  • Communal Gym
    6th Floor
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Get notified when new homes are being added to Lumpini Park Beach Jomtien
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Frequently Asked Questions

No pets are allowed at Lumpini Park Beach Jomtien 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 ฿20 per square meter based on the size of indoor area of the property and is ฿460 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 Lumpini Park Beach Jomtien the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Jomtien Beach South is the nearest Beach from Lumpini Park Beach Jomtien 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 Lumpini Park Beach Jomtien 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

4.1 out of 5
Based on
6 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Nice view and near Jomtien Beach
Mercedes Wolford, United Kingdom, 4 years ago
I am lucky to rent a room at Jomtien Beach. Every morning I wake up, I feel that I receive positive energy. I also touched with pleasant relaxation because this condo is tranquil and not noisy. The pool and gym are clean. The garden area is well maintained, which I love to sit and relax during the day. Besides, there are also many delicious restaurants for me to choose from as a person who loves eating so much.
Beautiful view, next to the Jomtien Beach
Carmen Turrentine, United States, 5 years ago
A big project right next to Jomtien Beach. I don't have to say how beautiful the view is. The room is facing a sea view so that you can watch the endless wide-angel view - very nice atmosphere. The project has a complete common area with a large outdoor swimming pool and ample parking. I live on the 24th floor, in a 1-bedroom fully- furnished unit with a small kitchen corner. Unfortunately, pets are not allowed. Not recommended to live together as a family because the room is quite small, but if you live with your partner, it is the right size and easy to clean.
Next to the Beach, suitable for a couple
Suraphat R., Thailand, 5 years ago
A big project right next to Jomtien Beach. I don't have to say how beautiful the view is. The room is facing a sea view so that you can watch the endless wide-angel view - very nice atmosphere. The project has a complete common area with a large outdoor swimming pool and ample parking. I live on the 24th floor, in a 1-bedroom fully- furnished unit with a small kitchen corner. Unfortunately, pets are not allowed. Not recommended to live together as a family because the room is quite small, but if you live with your partner, it is the right size and easy to clean.
Fantastic condo by the beach
Jason H., Australia, 5 years ago
I've been here for about a year now. Overall, it is satisfying. The price is reasonable, considering that it is in a good location. It takes about an hour from BKK. Just cross the road, you can go to Jomtien beach. Anyway, it's pretty far from the center of Pattaya City. Most of the staff are helpful and friendly. There are only few times that you may find them ignorant. For me, it's acceptable, as there are over a thousand units. It's quite challenging to manage. The facilities include a swimming pool, a gym, a library, and parking spaces sufficient for all residents. They remain clean all time. Also, vending machines are very convenient, including washing machines, dryers, and beverage vending machines. Unfortunately, there is no coin exchange machine, so I would recommend you to prepare coins beforehand. The room that I stay in is a one-bedroom unit at approximately 28 sq.m. It's not large, but I don't feel uncomfortable. Also, it's made of high-quality materials. I consider it suitable for investment or buying as a vacation home.
New condo at an affordable price
Carmelina Wilham, Australia, 5 years ago
It is a newly built condominium with relatively affordable prices. Each building has a separate swimming pool with card access and another communal pool by the sea. In the evening, the scenery is so stunning where you can relax comfortably. This condo is decorated in a modern style, which matches all ages. Moreover, the project facilities and management are excellent. It is a great value to buy it for staying. Apart from that, the project location is nicely situated, close to South Jomtien Beach and shopping malls, taking a few minutes only. It is secure and safe, staying here is very comfortable.
Affordable condo with a few steps to Jomtien beach
Samella Abbas, Turkey, 6 years ago
The condo is very close to Jomtien beach. The atmosphere is very good; the project's facilities are also complete, including a swimming pool, a gym, sauna, exercise garden, and a library. The room is okay. I rent a 1-bedroom unit. The living area is quite small but well-divided, not cramped. The furniture is standard. Throughout my stay, I've never faced any problems. Don't expect too much about privacy because there are 3 buildings with over 2,000 residential units. With good location and price, the condo is quite popular for living and rental. It's really busy, especially in the high season. The common area is sometimes insufficient.
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Lumpini Park Beach Jomtien

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
Project Name
Aeras
Location
Nong Prue, Pattaya, Chon Buri
Number of units
333
Sales Prices
฿3M - ฿11.9M
▲ 8% overpriced
Monthly Rentals
฿14K - ฿200K
Year Built
Aug 2017
Completion Status
Completed
Location
Pattaya, Chon Buri, Thailand
Number of units
552
Sales Prices
฿2.8M - ฿18.4M
▼ -10% underpriced
Monthly Rentals
฿15K - ฿33K
Year Built
Dec 1987
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
1846
Sales Prices
฿1.45M - ฿1.8M
▼ -28% underpriced
Monthly Rentals
฿8K - ฿10K
Year Built
May 2014
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
299
Sales Prices
฿44.3M
Monthly Rentals
฿13K
Year Built
Jul 1993
Completion Status
Completed
Project Name
Trio Gems
Location
Nong Prue, Pattaya, Chon Buri
Number of units
315
Sales Prices
฿1.26M - ฿1.57M
▲ 8.7% overpriced
Monthly Rentals
N/A
Year Built
Apr 2017
Completion Status
Completed
Project Name
Cetus Beachfront
Location
Nong Prue, Pattaya, Chon Buri
Number of units
310
Sales Prices
฿4.5M - ฿20.5M
▲ 3.7% overpriced
Monthly Rentals
฿15K - ฿75K
Year Built
Jun 2015
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
410
Sales Prices
฿1.65M - ฿37M
▼ -43% underpriced
Monthly Rentals
฿35K - ฿150K
Year Built
Nov 1997
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
31
Sales Prices
฿3.25M
Monthly Rentals
N/A
Year Built
Jan 2009
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
N/A
Sales Prices
฿8.9M
Monthly Rentals
N/A
Year Built
Jan 2008
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
18
Sales Prices
฿6.5M - ฿9.5M
▲ 15% overpriced
Monthly Rentals
N/A
Year Built
Dec 2009
Completion Status
Completed
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