Avenue Residence

4.83 (1 Review)

Nong Prue, Pattaya, Chon Buri

Unit ID: U36365
6% Rental Yield
฿3,490,000 Great Price
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
45 SqM Size
Floors
3 Floor
Construction
May 2010 Completed

1 Bedroom Condo for sale at Avenue Residence

This property is a 45 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Avenue Residence project in Nong Prue, Pattaya and was completed in May 2010. You can buy this condo for a base price of ฿3,490,000 (฿77,556/SqM) and it is also available for long term rentals starting from ฿17,900 per month.

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 3
Bedroom 1
Size 45 SqM
Price per SqM ฿77,556
Condo Ownership

Foreign nationals can be freehold owners of condominium units, in buildings where not 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 that 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) Pool View, Blocked 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.
฿1,350/mo
Listed By
Private Owner
Date Listed Nov 3, 2017
Last Updated 1 year ago
Unit ID U36365

Price Analysis

Good Price
Estimated market value ฿3,507,354
Great
฿3,440,000
Good
Fair
Above
฿3,560,000
Current asking Price: ฿3,490,000 | Advertised rental rate: ฿17,900/mo
This condo is priced at the current market value in the Pattaya area. It is analyzed against similar condos and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
Powered by FazWaz AVM

Investment Opportunity: Charges & Yield

Sale Price
฿3,490,000
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.
฿1,350/mo
Rent
฿17,900/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.
16
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.
6%

Project Details

Project Name: Avenue Residence
Developer: Nova Group
Construction: Completed (May 2010)
Floors: 8
Buildings: 1
Units: 228
Project Area: N/A
Nearest Landmark South Pattaya Beach - 0.4 Km
Location: Nong Prue, Pattaya, Chon Buri
Avenue Residence Project Details

Project Features

Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Communal Garden Area Communal Garden Area
Key card access Key card access

Popular Facilities at Avenue Residence

  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor

Available Units at Avenue Residence

For Sale 6 For Rent 28
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Beds 1 Beds
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Size 45 SqM Size
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Size 35 SqM Size
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฿65,429
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Beds Studio Beds
Baths 1 Baths
Size 35 SqM Size
Floor 2 Floor
Company Fully Furnished Pool View
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Beds Studio Beds
Baths 1 Baths
Size 35 SqM Size
Floor 2 Floor
Fully Furnished Pool View
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Available Units at Avenue Residence
-
Beds Studio Beds
Baths 1 Baths
Size 35 SqM Size
Floor 7 Floor
Fully Furnished City View
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Available Units at Avenue Residence
-
Beds Studio Beds
Baths 1 Baths
Size 35 SqM Size
Floor 7 Floor
Fully Furnished City View
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Available Units at Avenue Residence
-
Beds Studio Beds
Baths 1 Baths
Size 35 SqM Size
Floor 7 Floor
Fully Furnished
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Available Units at Avenue Residence
-
Beds Studio Beds
Baths 1 Baths
Size 34 SqM Size
Floor 4 Floor
Fully Furnished
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Available Units at Avenue Residence
-
Beds 1 Beds
Baths 1 Baths
Size 43 SqM Size
Floor 2 Floor
Fully Furnished City View
Favorite
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Available Units at Avenue Residence
-
Beds Studio Beds
Baths 1 Baths
Size 35 SqM Size
Floor 4 Floor
Fully Furnished City View
Favorite
Compare
Available Units at Avenue Residence
฿77,556
Good Price
Beds 1 Beds
Baths 1 Baths
Size 45 SqM Size
Floor 4 Floor
Foreign Quota Fully Furnished Pool View
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Available Units at Avenue Residence
-
Beds Studio Beds
Baths 1 Baths
Size 35 SqM Size
Floor 3 Floor
Fully Furnished Park View
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Available Units at Avenue Residence
฿67,209
Great Price
Beds 1 Beds
Baths 1 Baths
Size 43 SqM Size
Floor 6 Floor
Foreign Quota Fully Furnished City View
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Available Units at Avenue Residence
-
Beds 1 Beds
Baths 1 Baths
Size 46 SqM Size
Floor 5 Floor
Fully Furnished
Favorite
Compare
Available Units at Avenue Residence
-
Beds Studio Beds
Baths 1 Baths
Size 35 SqM Size
Floor 4 Floor
Fully Furnished City View
Favorite
Compare
Available Units at Avenue Residence
-
Beds Studio Beds
Baths 1 Baths
Size 45 SqM Size
Floor 3 Floor
Fully Furnished Pool View
Favorite
Compare
Available Units at Avenue Residence
-
Beds Studio Beds
Baths 1 Baths
Size 34 SqM Size
Floor 3 Floor
Fully Furnished
Favorite
Compare
Available Units at Avenue Residence
฿77,556
Good Price
Beds 1 Beds
Baths 1 Baths
Size 45 SqM Size
Floor 3 Floor
Foreign Quota Fully Furnished Pool View
Favorite
Compare
Available Units at Avenue Residence
-
Beds Studio Beds
Baths 1 Baths
Size 35 SqM Size
Floor 4 Floor
Fully Furnished Pool View
Favorite
Compare
Available Units at Avenue Residence
฿57,143
Great Price
Beds Studio Beds
Baths 1 Baths
Size 35 SqM Size
Floor 2 Floor
Foreign Quota Fully Furnished City View
Favorite
Compare
Available Units at Avenue Residence
-
Beds Studio Beds
Baths 1 Baths
Size 35 SqM Size
Floor 3 Floor
Fully Furnished Pool View
Favorite
Compare
Available Units at Avenue Residence
-
Beds 1 Beds
Baths 1 Baths
Size 34.06 SqM Size
Floor 1 Floor
Fully Furnished
Favorite
Compare
Available Units at Avenue Residence
฿62,571
Great Price
Beds Studio Beds
Baths 1 Baths
Size 35 SqM Size
Floor 2 Floor
Company Fully Furnished Pool View
Favorite
Compare
Available Units at Avenue Residence
-
Beds Studio Beds
Baths 1 Baths
Size 35 SqM Size
Floor 7 Floor
Fully Furnished
Favorite
Compare
Available Units at Avenue Residence
-
Beds 1 Beds
Baths 1 Baths
Size 43 SqM Size
Floor 6 Floor
Fully Furnished Pool View
Favorite
Compare
Available Units at Avenue Residence
-
Beds 1 Beds
Baths 1 Baths
Size 43 SqM Size
Floor 8 Floor
Fully Furnished Pool View
Favorite
Compare
Available Units at Avenue Residence
-
Beds Studio Beds
Baths 1 Baths
Size 35 SqM Size
Floor 2 Floor
Company Fully Furnished Pool View
Favorite
Compare
Available Units at Avenue Residence
-
Beds 1 Beds
Baths 1 Baths
Size 44 SqM Size
Floor 2 Floor
Fully Furnished Pool View
Get notified when new homes are being added to Avenue Residence

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Frequently asked questions

No pets are allowed at Avenue Residence 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 ฿30 per square meter based on the size of indoor area of the property and is ฿1,350 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.
South Pattaya Beach is the nearest Beach from Avenue Residence and it is 0.4 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 Avenue Residence 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

Sale Price : ฿5,759,000
Fazwaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
Fazwaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
Fazwaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
Fazwaz Estimate : ฿149,999
Price Rating : Fair Price

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Reviews

4.8 out of 5 4.83
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Location quite near the busy city
4.8 Verified Visitor, 2 months ago
Nice room, beautifuly location and a nice pool as well. Everthing was clean and I would come over next time.

Pattaya

Nong Prue

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Projects Nearby Avenue Residence

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Number of units
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Monthly Rentals
Year Built
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Project Name
Location
Number of units
Sales Prices
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Location
Pattaya, Chon Buri, Thailand
Number of units
380
Sales Prices
฿2.66M - ฿5.01M
▲ 1.3% overpriced
Monthly Rentals
฿11K - ฿25.1K
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Number of units
158
Sales Prices
฿2.76M - ฿12.8M
▼ -1.8% underpriced
Monthly Rentals
฿12K - ฿44.1K
Year Built
Jun 2009
Completion Status
Completed
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Pattaya, Chon Buri, Thailand
Number of units
788
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฿2.54M - ฿7.88M
▼ -9.9% underpriced
Monthly Rentals
฿15K - ฿23.1K
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Jun 2018
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Number of units
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฿2.66M - ฿10.5M
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Monthly Rentals
฿15K - ฿50.2K
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Number of units
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฿2.86M - ฿4.53M
▼ -18.5% underpriced
Monthly Rentals
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Jul 2009
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Completed
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Number of units
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฿5.27M - ฿5.42M
▼ -7% underpriced
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Nov 1992
Completion Status
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Number of units
603
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฿4.07M - ฿8.98M
▲ 0.8% overpriced
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Number of units
1112
Sales Prices
฿2.56M - ฿9.03M
▼ -2.4% underpriced
Monthly Rentals
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Pattaya, Chon Buri, Thailand
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฿2.51M - ฿7.47M
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