Olympus City Garden

3.17 (1 Review)

Nong Prue, Pattaya, Chon Buri

Unit ID: U155000
2% Rental Yield
฿1,640,000 ฿1,900,000 Great Price
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
27.30 SqM Size
Floors
4 Floor
Construction
Dec 2019 Completed

1 Bedroom Condo for sale at Olympus City Garden

This property is a 27.30 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Olympus City Garden project in Nong Prue, Pattaya and was completed in Dec 2019. You can buy this condo for a base price of ฿1,640,000 (฿60,073/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 4
Bedroom 1
Size 27.30 SqM
Price per SqM ฿60,073
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
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.
฿1,092/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 Mar 11, 2019
Last Updated 2 years ago
Unit ID U155000

Price Analysis

Great Price
Estimated market value ฿2,575,496
Great
฿2,360,000
Good
Fair
Above
฿3,570,000
Current asking Price: ฿1,640,000 | Rental estimate: ฿6,380/mo
This condo is ฿935,496 BELOW MARKET (-36%) 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
฿1,640,000
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.
฿1,092/mo
Est. Rent
฿6,380/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.
41

Project Details

Project Name: Olympus City Garden
Developer: Global Top Group
Construction: Completed (Dec 2019)
Floors: 8
Buildings: 6
Units: 1060
Project Area: 13,084 SqM
Nearest Landmark South Pattaya Beach - 1.2 Km
Location: Nong Prue, Pattaya, Chon Buri
Olympus City Garden Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Walking / Running Track Walking / Running Track
Communal Garden Area Communal Garden Area
Key card access Key card access

Popular Facilities at Olympus City Garden

  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor

Available Units at Olympus City Garden

For Sale 9 For Rent 1
Get notified when new homes are being added to Olympus City Garden

Loan Calculator

Payment Plan

For Foreign Quota
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
30%
2nd Installment
8 Month Installments
50%
3rd Installment
On handover
20%
For Thai Quota
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Upon contract signing
20%
2nd Installment
8 Month Installments
30%
3rd Installment
On handover
50%

Frequently asked questions

No pets are allowed at Olympus City Garden 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 ฿1,092 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 Olympus City Garden the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
South Pattaya Beach is the nearest Beach from Olympus City Garden 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 Olympus City Garden you have to follow these steps:

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

 


For Foreign Quota
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
30%
2nd Installment
8 Month Installments
50%
3rd Installment
On handover
20%
For Thai Quota
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Upon contract signing
20%
2nd Installment
8 Month Installments
30%
3rd Installment
On handover
50%

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

3.2 out of 5 3.17
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Luxury European Condo
3.2 Suvit M., Thailand, 1 year ago
My friend and I run the business together in Pattaya, and we both decided to buy it. The location is okay, close to restaurants and Pattaya City. It's quite innovative and just newly completed. The project design is very beautiful and attractive. We chose 2-bedroom types. The room is fully furnished with European styles. Not disappointed at all! Also, there is a large balcony to gain fresh air and look at the pool comfortably. The project surrounding is very cozy, comprising a leisure garden, walkways connected to other buildings. It is very convenient and accessible. We love swimming so much because the pool is vast and clean. The management team is also good and always takes care of the residents well. I am delighted and want the team to maintain this standard forever.

Pattaya

Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

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