Marina Bayfront Sriracha Condo

4.83 (1 Review)

Si Racha, Pattaya, Chon Buri

Unit ID: U165648
5% Rental Yield
฿5,200,000
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
48.18 SqM Size
Floors
21 Floor
Construction
Dec 2016 Completed

1 Bedroom Condo for sale at Marina Bayfront Sriracha Condo

This property is a 48.18 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Marina Bayfront Sriracha Condo project in Si Racha, Pattaya and was completed in Dec 2016. You can buy this condo for a base price of ฿5,200,000 (฿107,929/SqM).

Features

Corner UnitCorner Unit BalconyBalcony

Basic Information

Property Type Condo
Floor 21
Bedroom 1
Size 48.18 SqM
Price per SqM ฿107,929
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) Sea View, Partial Sea View, 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.
฿2,168/mo
Listed By
Private Owner
Date Listed Jun 3, 2019
Last Updated 1 year ago
Unit ID U165648

Price Analysis

Fair Price
Estimated market value ฿5,129,737
Great
฿4,540,000
Good
Fair
Above
฿4,720,000
Current asking Price: ฿5,200,000 | Rental estimate: ฿22,400/mo
This condo is ฿70,263 ABOVE MARKET (1%) 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
฿5,200,000
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.
฿2,168/mo
Est. Rent
฿22,400/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 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 Marina Bayfront Sriracha Condo, and the current sales price.
5%

Project Details

Construction: Completed (Dec 2016)
Floors: 32
Buildings: N/A
Units: 273
Project Area: N/A
Nearest Landmark Na Kluea Beach - 13.3 Km
Location: Si Racha, Si Racha, Chon Buri
Marina Bayfront Sriracha Condo 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
Steam Room Steam Room
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area

Available Units at Marina Bayfront Sriracha Condo

For Sale 3 For Rent 3
Get notified when new homes are being added to Marina Bayfront Sriracha Condo

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Frequently asked questions

The common area maintenance fee is ฿45 per square meter based on the size of indoor area of the property and is ฿2,168 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.
Na Kluea Beach is the nearest Beach from Marina Bayfront Sriracha Condo and it is 13.3 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 Marina Bayfront Sriracha Condo 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
The condo in the best location
4.8 N K, Poland, 2 years ago
It is one of the best condos in Si Racha, next to the beach and surrounded by various amenities, such as shopping malls, ports, hospitalas, shops, and convenience stores. Also, I'm very impressed with the room overlooking a beautiful sea view. The condo is a 5-star luxury, with excellent service and facilities, and the staff is lovely and polite. My room is a fully-furnished duplex unit in a spacious living area. Most of the neighbors who live here are foreigners.

Pattaya

Si Racha

Neighborhood Overview

Location and Neighborhood

Street View

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