Del Mare

4.33 (1 Review)

Bang Sare, Pattaya, Chon Buri

Unit ID: U8637
6% Rental Yield
Sold Great Price
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
41.29 SqM Size
Floors
2 Floor
Construction
Jun 2017 Completed

1 Bedroom Condo for sale at Del Mare

This property is a 41.29 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Del Mare project in Bang Sare, Pattaya and was completed in Jun 2017. You can buy this condo for a base price of ฿3,580,000 (฿86,704/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 2
Bedroom 1
Size 41.29 SqM
Price per SqM ฿86,704
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, Thai Quota, Company
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) Sea View
Unit Type 1BR
Building N/A
CAM Fee
These common area maintenance (CAM) fees are paid by owners for the upkeep of the common areas of condominiums and housing projects. For new residential developments, it is common to pay up to 1-3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿1,445/mo
Listed By
Developer
Date Listed Nov 3, 2016
Last Updated 1 month ago
Unit ID U8637

Price Analysis

Good Price
Estimated market value ฿3,749,914
Great
฿3,480,000
Good
Fair
Above
฿3,960,000
Current asking Price: ฿3,580,000 | Rental estimate: ฿17,200/mo
This condo is ฿169,914 BELOW MARKET (-5%) 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

CAM Fee
These common area maintenance (CAM) fees are paid by owners for the upkeep of the common areas of condominiums and housing projects. For new residential developments, it is common to pay up to 1-3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿1,445/mo
Est. Rent
฿17,200/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 Del Mare, and the current sales price.
6%

Project Details

Project Name: Del Mare
Construction: Completed (Jun 2017)
Floors: 33
Buildings: 1
Units: 339
Project Area: 7,424 SqM
Nearest Landmark Bang Saray Beach
Location: Bang Sare, Sattahip, Chon Buri
Del Mare Project Details

Project Features

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
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 Del Mare

  • Reception / Lobby Area
    Ground Floor
  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor
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Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿30,000
Deposit
Upon contract signing
15%
2nd Installment
On completion
85%
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
Deposit
Upon contract signing
30%
2nd Installment
On completion
70%

Frequently asked questions

No pets are allowed at Del Mare 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 ฿35 per square meter based on the size of indoor area of the property and is ฿1,445 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 Del Mare the required payment for the sinking fund is ฿350 per square meter based on the size of the indoor area of the property.
Bang Saray Beach is the nearest Beach from Del Mare and it is 0 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 Del Mare you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


Installment Milestone Payment
Reservation Deposit
Immediately
฿30,000
Deposit
Upon contract signing
15%
2nd Installment
On completion
85%
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
Deposit
Upon contract signing
30%
2nd Installment
On completion
70%

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
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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

4.3 out of 5 4.33
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A vacation condo for people who like peace
4.3 Wongchai R., Thailand, 10 months ago
My wife and I are overjoyed to be staying in Del Mare, which has never let us down during our time here. The staff is extremely nice and welcoming. Also, there are enjoyable project facilities, including a large swimming pool. The project is comfortable traveling anywhere, and it is close to Bang Saray Beach, which has a stunning view in the evening. We chose to rent a one-bedroom unit with a simple, elegant design. We like that the unit is well-equipped for living, with a fully equipped kitchen, high-quality wardrobes, a bathroom, and a fully equipped common area that is always available. In addition, the project is in a good location, close to shops and a variety of restaurants. It is both worthwhile and impressive to live here. It is the best decision we have made, and we won't regret it.

Pattaya

Bang Sare

Neighborhood Overview

Location and Neighborhood

Street View

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