Unit ID: U1656386
5% Rental Yield
Na Chom Thian, Pattaya, Chon Buri
฿2,750,000
Studio Bedroom
1
Bathroom
40 SqM
Size
18
Floor
Jun 1999
Completed

About This Condo

This property is a 40 SqM studio condo with 1 bathroom that is available for sale. It is part of the project in Na Chom Thian, Pattaya and was completed in Jun 1999. You can buy this condo for a base price of ฿2,750,000 (฿68,750/SqM).

Features

BalconyBalcony BathtubBathtub TVTV

Basic Information

Date Listed Aug 24, 2023
Updated 1 year ago
Property Type Condo
Floor 18
Bedroom Studio
Size 40 SqM
Price per SqM ฿68,750
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%.

Thai Quota
Furniture
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) Sea View, 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.
฿800/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1656386

Investment Opportunity: Charges & Yield

Sale Price
฿2,750,000
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.
฿800/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.
20
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 VIP Condochain, and the current sales price.
5%

Project Details

Project Name: VIP Condochain
Developer: N/A
Construction: Completed (Jun 1999)
Floors: 31
Buildings: N/A
Units: 450
Project Area: N/A
Nearest Landmark Ban Amphur Beach - 1.5 Km
Location: Na Chom Thian, Pattaya
VIP Condochain Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Direct Beach Access Direct Beach Access
Tennis Court Tennis Court

Available Units at VIP Condochain

For Sale 8 For Rent 4
Get notified when new homes are being added to VIP Condochain
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Frequently Asked Questions

No pets are allowed at VIP Condochain 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 ฿800 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.
Ban Amphur Beach is the nearest Beach from VIP Condochain and it is 1.5 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 VIP Condochain 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
Na Chom Thian

Neighborhood Overview

Location and Neighborhood

Street View

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