Executive residence 3

3.67 (1 Review)

Nong Prue, Pattaya, Chon Buri

Unit ID: U264169
5% Rental Yield
฿4,500,000
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
88 SqM Size
Floors
6 Floor
Construction
Jun 2011 Completed

About This Condo

This property is a 88 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Executive residence 3 project in Nong Prue, Pattaya and was completed in Jun 2011. You can buy this condo for a base price of ฿4,500,000 (฿51,136/SqM) and it is also available for long term rentals starting from ฿20,000 per month.

Features

Covered ParkingCovered Parking BalconyBalcony BathtubBathtub MicrowaveMicrowave OvenOven TVTV

Basic Information

Property Type Condo
Floor 6
Bedroom 1
Size 88 SqM
Price per SqM ฿51,136
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%.

Thai 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) Sea View, City View, Pool View, Garden 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.
฿3,520/mo
Listed By
Private Owner
Date Listed Dec 18, 2019
Last Updated 11 months ago
Unit ID U264169

Investment Opportunity: Charges & Yield

Sale Price
฿4,500,000
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.
฿3,520/mo
Rent
฿20,000/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.
19
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.
5%

Project Details

Project Name: Executive residence 3
Developer: N/A
Construction: Completed (Jun 2011)
Floors: 7
Buildings: N/A
Units: 40
Project Area: N/A
Nearest Landmark Pratumnak Beach - 0.7 Km
Location: Nong Prue, Pattaya, Chon Buri
Executive residence 3 Project Details

Project Features

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

Available Units at Executive residence 3

For Sale 1 For Rent 1

Loan Calculator

Frequently Asked Questions

The common area maintenance fee is ฿40 per square meter based on the size of indoor area of the property and is ฿3,520 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.
Pratumnak Beach is the nearest Beach from Executive residence 3 and it is 0.7 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 Executive residence 3 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

Do you own a property at Executive residence 3?

Find out how much your property is worth and start your listing for free.

Reviews

3.7 out of 5 3.67
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Perfect!
3.7 Kyungsoo Min, South Korea, 4 years ago
Perfect private accommodation in front of Pattaya and Jomtien beaches, if you don't like the chaotic, crowded people, here is another option for you. The project is located in the alley, but it has complete amenities close to convenience stores, restaurants, and money exchange. The exterior is a bit old. But when entering the building, you will be very surprised because the room looks new and very spacious, decorated luxuriously. There is a complete set of furniture in the room with kitchenware; the hot and cold water system works well. The room's highlight is that the balcony is very wide; it lies along the entire. The common area of ​​the project includes a swimming pool, a garden, and a gym. Close to Cozy Beach and Jomtien Beach, only 4 kilometers away.
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

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