Centara Avenue Residence and Suites

4.5 (1 Review)

Nong Prue, Pattaya, Chon Buri

Unit ID: U1016460
6% Rental Yield
฿4,090,000
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
48 SqM Size
Floors
6 Floor
Construction
Sep 2015 Completed

1 Bedroom Condo for sale at Centara Avenue Residence and Suites

This property is a 48 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Centara Avenue Residence and Suites project in Nong Prue, Pattaya and was completed in Sep 2015. You can buy this condo for a base price of ฿4,090,000 (฿85,208/SqM).

1 bedroom for sale in Pattaya, Centara Avenue Condo

Centara Avenue Condo in Pattaya -Fully furnished 1 bedroom -48 sqm -6 floor -Building B -Foreign quota -45 baht common fee Facilities: - Good location Central Pattaya, next to Avenue shopping centre - 5 min to the second road and soi Bukhao - Fitness room - Big swimming pool - Parking - Sauna

Features

BalconyBalcony Full Western KitchenFull Western Kitchen OvenOven

Basic Information

Property Type Condo
Floor 6
Bedroom 1
Size 48 SqM
Price per SqM ฿85,208
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
Unit Type N/A
Building Building B
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.
฿2,160/mo
Listed By
Each listing provided by partnered agents is individually verified by BangkokPost. Partner Agents work for different brokerages or property management companies but have teamed up with BangkokPost so that we can provide you a wider choice of properties
Agent / Partner
Date Listed Jul 22, 2021
Last Updated 1 month ago
Unit ID U1016460

Price Analysis

Above Average
Estimated market value ฿3,823,530
Great
฿3,340,000
Good
Fair
Above
฿3,450,000
Current asking Price: ฿4,090,000 | Rental estimate: ฿20,300/mo
This condo is ฿266,470 ABOVE MARKET (7%) 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
฿4,090,000
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.
฿2,160/mo
Est. Rent
฿20,300/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.
17
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 1 bedroom condos at Centara Avenue Residence and Suites, and the current sales price.
6%

Project Details

Developer: Tulip Group
Construction: Completed (Sep 2015)
Floors: 8
Buildings: 3
Units: 380
Project Area: 6,600 SqM
Nearest Landmark South Pattaya Beach - 1.2 Km
Location: Nong Prue, Pattaya, Chon Buri
Centara Avenue Residence and Suites Project Details

Project Features

Hotel Managed Hotel Managed
On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
Bar Bar
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Spa Spa
Steam Room Steam Room
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Lounge Lounge
Communal Garden Area Communal Garden Area
Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Centara Avenue Residence and Suites

  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor

Available Units at Centara Avenue Residence and Suites

For Sale 6 For Rent 3
Get notified when new homes are being added to Centara Avenue Residence and Suites

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Frequently asked questions

No pets are allowed at Centara Avenue Residence and Suites 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 ฿45 per square meter based on the size of indoor area of the property and is ฿2,160 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 Centara Avenue Residence and Suites the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
South Pattaya Beach is the nearest Beach from Centara Avenue Residence and Suites and it is 1.2 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 Centara Avenue Residence and Suites 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

4.5 out of 5 4.5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Great location
4.5 Richard Havis, United Kingdom, 1 year ago
The project is situated in a great location right in the heart of local amenities, including shopping malls, bars, restaurants, convenience stores. Pattaya Beach and Pattaya walking street is a 10-minutes away by foot. You don't need to rent a motorbike or a car while staying here. I rented a fully furnished 1-bedroom unit here at a reasonable price. The room is clean, and there is a housekeeper to clean the room twice a week. The project's facilities are also complete, such as a garden, a gym, a swimming pool, etc. Oh, there's a restaurant in the project too. If you don't want to go out, you can order food at an affordable price, and it's yummy. Friendly staff, good service, and super convenient. Highly recommend it here! I will definitely stay here if I am coming back to Pattaya again next time!

Pattaya

Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

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