1 Bedroom Condo for sale at Laguna Beach Resort 3 - The Maldives

4.67 (1 Review)
Nong Prue, Pattaya, Chon Buri
Unit ID: U83001
7% Rental Yield
฿2,551,664 Great Price
1 Bedroom
1 Bathroom
37.93 SqM Size
6 Floor
Jun 2017 Completed

About This Condo

This property is a 37.93 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Laguna Beach Resort 3 - The Maldives project in Nong Prue, Pattaya and was completed in Jun 2017. You can buy this condo for a base price of ฿2,551,664 (฿67,273/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 6
Bedroom 1
Size 37.93 SqM
Price per SqM ฿67,273
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
Built-ins are any items that do not leave the property but remain a part of the permanent structure of a home. This includes any type of permanent appliances, cabinetry, furniture that’s built into the home, such as shelving or benches, and other attached items.
Built In
View(s) City 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.
฿1,517/mo
Listed By
Private Owner
Date Listed Aug 29, 2018
Last Updated 2 years ago
Unit ID U83001

Price Analysis

Great Price
Estimated market value ฿2,725,607
Great
฿2,170,000
Good
Fair
Above
฿3,000,000
Current asking Price: ฿2,551,664 | Rental estimate: ฿14,300/mo
This condo is ฿173,943 BELOW MARKET (-6%) 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.
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Investment Opportunity: Charges & Yield

Sale Price
฿2,551,664
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.
฿1,517/mo
Est. Rent
฿14,300/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.
15
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 Laguna Beach Resort 3 - The Maldives, and the current sales price.
7%

Project Details

Construction: Completed (Jun 2017)
Floors: 8
Buildings: 7
Units: 1750
Project Area: 25,000 SqM
Nearest Landmark Jomtien Beach Central - 2.1 Km
Location: Nong Prue, Pattaya, Chon Buri
Laguna Beach Resort 3 - The Maldives Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
Bar Bar
Clubhouse Clubhouse
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
Kids Pool Kids Pool
Communal Garden Area Communal Garden Area
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Laguna Beach Resort 3 - The Maldives

  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor

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Get notified when new homes are being added to Laguna Beach Resort 3 - The Maldives

Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿20,000
1st Installment
10 days after contract signing
15%
2nd Installment
On handover
85%
Installment Milestone Payment
Reservation Deposit
Immediately
฿20,000
1st Installment
10 days after contract signing
30%
2nd Installment
On handover
70%

Frequently Asked Questions

No pets are allowed at Laguna Beach Resort 3 - The Maldives 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 ฿40 per square meter based on the size of indoor area of the property and is ฿1,517 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 Laguna Beach Resort 3 - The Maldives the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Jomtien Beach Central is the nearest Beach from Laguna Beach Resort 3 - The Maldives and it is 2.1 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 Laguna Beach Resort 3 - The Maldives 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
฿20,000
1st Installment
10 days after contract signing
15%
2nd Installment
On handover
85%
Installment Milestone Payment
Reservation Deposit
Immediately
฿20,000
1st Installment
10 days after contract signing
30%
2nd Installment
On handover
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
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 Laguna Beach Resort 3 - The Maldives?

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Reviews

4.7 out of 5 4.67
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Huge project with enormous lagoon pool, many activities to do
4.7 Glenn Grisson, United States, 2 years ago
This project is huge and fantastic since the first step of visiting. It's suitable for vacation, especially for a family with children because the project provides a large recreation area such as an enormous swimming pool, a Go-Kart track, the beach, and a treehouse in the project. For the parents, there are other activities available as well. It's convenient that there are shops and restaurants. The property is so eye-catching with a tropical resort design, surrounded by nature. The room is so small, tidy, and clean, yet the room facilities are complete. There is a huge bed, and the hot water system is really good. Nice and quiet location away from downtown, but you can walk to the convenience stores in 5 minutes. Oh, the price is affordable too!
Pattaya
Nong Prue

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Projects Nearby Laguna Beach Resort 3 - The Maldives

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