Unit ID: U23811
4% Rental Yield
Nong Prue, Pattaya, Chon Buri
฿3,390,000
Studio Bedroom
1
Bathroom
51.30 SqM
Size
4
Floor
Nov 2007
Completed

About This Condo

This property is a 51.30 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 Nov 2007. You can buy this condo for a base price of ฿3,390,000 (฿66,082/SqM) and it is also available for long term rentals starting from ฿12,000 per month.

Ready to Score? Third Time's a Charm with The Residence Jomtien!

You know when they say that the third time's the charm? Well, consider this your lucky day - The Residence Jomtien Beach project in Nong Prue, Chon Buri is a winner on the third try. Gone are the days of patiently waiting for your dream condo; this 51.30 sqm studio is ready for you to call it home. Not to mention it comes with 1 bathroom and was completed a mere twelve years ago. With this level of modernity, what more could you want? Oh, and did we mention the unbeatable price? This amazing abode is only going for ฿3,390,000 (฿66,082/SqM) - a shockingly modest amount. But if buying this is not necessarily your cup of tea, you can always rent it out long-term for around ฿12,000 per month. What a steal! How could you possibly pass up such an offer? In addition, the condo is equipped with quality amenities. Featuring a private pool, fitness center, and secluded green area, you don't ever have to worry about leaving its comforting embrace. All the luxuries conducive to a comfortable life, gathered in one spot - what more could one ask for? So don't wait any longer - make a phone call to inquire on this property today before someone else snaps up this unbeatable deal! There are few opportunities as great as this one, so seize the moment!

Features

BalconyBalcony MicrowaveMicrowave TVTV

Basic Information

Date Listed Oct 25, 2022
Updated 2 years ago
Property Type Condo
Floor 4
Bedroom Studio
Size 51.30 SqM
Price per SqM ฿66,082
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%.

N/A
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 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.
฿2,052/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U23811

Investment Opportunity: Charges & Yield

Sale Price
฿3,390,000
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.
฿2,052/mo
Rent
฿12,000/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.
24
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.
4%

Project Details

Developer: N/A
Construction: Completed (Nov 2007)
Floors: 7
Buildings: N/A
Units: 68
Project Area: N/A
Nearest Landmark Dong Tarn Beach - 1.4 Km
Location: Nong Prue, Pattaya
The Residence Jomtien Beach 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
Communal Garden Area Communal Garden Area
Key card access Key card access

Available Units at The Residence Jomtien Beach

For Sale 8 For Rent 2
Get notified when new homes are being added to The Residence Jomtien Beach
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Frequently Asked Questions

No pets are allowed at The Residence Jomtien Beach 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 £1 per square meter based on the size of indoor area of the property and is £47 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.
Dong Tarn Beach is the nearest Beach from The Residence Jomtien Beach and it is 1.4 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 Residence Jomtien Beach 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

4.5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Nice condo conveniently located close to many places
Davika Y., Thailand, 7 years ago
I have been living here for 2 months now. This place has everything I need and is also close to my workplace. It is very convenient for me to travel there. My unit has 1 bedroom with a good proportion. I also like the room design because it is so lovely and livable. The facilities are good, such as a fitness center, swimming pool, and garden. The staff is excellent and helpful! It is a good project in the best location, convenient transportation, near the tourist attraction of Pattaya. Overall, it is impressive.
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Residence Jomtien Beach

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
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Location
Nong Prue, Pattaya, Chon Buri
Number of units
978
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฿1.4M - ฿4.43M
▼ -10.1% underpriced
Monthly Rentals
฿9.55K - ฿65.3K
Year Built
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Completion Status
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Location
Nong Prue, Pattaya, Chon Buri
Number of units
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Sales Prices
฿1.81M - ฿5.93M
▲ 5.3% overpriced
Monthly Rentals
฿15.1K - ฿30.2K
Year Built
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Completion Status
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Location
Nong Prue, Pattaya, Chon Buri
Number of units
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Sales Prices
฿1.31M - ฿4.2M
▼ -18.5% underpriced
Monthly Rentals
฿5.03K - ฿16.6K
Year Built
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Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
56
Sales Prices
฿13M
▲ 5% overpriced
Monthly Rentals
฿65.3K
Year Built
Jun 2022
Completion Status
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Location
Nong Prue, Pattaya, Chon Buri
Number of units
56
Sales Prices
฿21.1M - ฿35.2M
▼ -6% underpriced
Monthly Rentals
฿65.3K - ฿151K
Year Built
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Completion Status
Completed
Project Name
Gardenia Pattaya
Location
Nong Prue, Pattaya, Chon Buri
Number of units
54
Sales Prices
฿6.03M - ฿9.55M
Monthly Rentals
฿50.3K - ฿77.4K
Year Built
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Completion Status
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Project Name
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Location
Nong Prue, Pattaya, Chon Buri
Number of units
162
Sales Prices
฿5.33M - ฿6.84M
Monthly Rentals
฿30.2K - ฿42.7K
Year Built
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Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
57
Sales Prices
฿6.53M - ฿7.54M
Monthly Rentals
฿40.2K
Year Built
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Completion Status
Completed
Project Name
Palm Oasis
Location
Nong Prue, Pattaya, Chon Buri
Number of units
40
Sales Prices
฿11M - ฿30.2M
▼ -8.9% underpriced
Monthly Rentals
฿57.3K
Year Built
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Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
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Sales Prices
฿21.2M - ฿28.2M
▲ 3.2% overpriced
Monthly Rentals
฿141K
Year Built
Dec 2022
Completion Status
Completed
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