Paradise Park

3.83 (6 Reviews)

Nong Prue, Pattaya, Chon Buri

Unit ID: U58681
7% Rental Yield
฿1,600,000 Great Price
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
35 SqM Size
Floors
2 Floor
Construction
Jun 2012 Completed

1 Bedroom Condo for sale at Paradise Park

This property is a 35 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Paradise Park project in Nong Prue, Pattaya and was completed in Jun 2012. You can buy this condo for a base price of ฿1,600,000 (฿45,714/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 2
Bedroom 1
Size 35 SqM
Price per SqM ฿45,714
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%.

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) Park 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.
฿1,225/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 Dec 18, 2017
Last Updated 2 years ago
Unit ID U58681

Price Analysis

Great Price
Estimated market value ฿2,114,898
Great
฿1,540,000
Good
Fair
Above
฿2,770,000
Current asking Price: ฿1,600,000 | Rental estimate: ฿9,140/mo
This condo is ฿514,898 BELOW MARKET (-24%) 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
฿1,600,000
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.
฿1,225/mo
Est. Rent
฿9,140/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 Paradise Park, and the current sales price.
7%

Project Details

Project Name: Paradise Park
Developer: Matrix
Construction: Completed (Jun 2012)
Floors: 8
Buildings: 1
Units: 507
Project Area: 1,600 SqM
Nearest Landmark Jomtien Beach South - 1.2 Km
Location: Nong Prue, Pattaya, Chon Buri
Paradise Park Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Paradise Park

  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor

Available Units at Paradise Park

For Sale 14 For Rent 4
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฿51,429
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฿54,286
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Thai Quota Fully Furnished Pool View
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฿37,596
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Beds 2 Beds
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Company Fully Furnished Park View
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฿53,488
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฿46,857
Beds 2 Beds
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฿39,189
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Beds 1 Beds
Baths 1 Baths
Size 37 SqM Size
Floor 5 Floor
Foreign Quota Fully Furnished Pool View
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฿36,000
Great Price
Beds 1 Beds
Baths 1 Baths
Size 35 SqM Size
Floor 2 Floor
Thai Quota Partly Furnished City View
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Available Units at Paradise Park
฿48,286
Beds 1 Beds
Baths 1 Baths
Size 35 SqM Size
Floor 2 Floor
Thai Quota Fully Furnished Garden View
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Available Units at Paradise Park
฿45,714
Great Price
Beds 1 Beds
Baths 1 Baths
Size 35 SqM Size
Floor 2 Floor
Company Fully Furnished Park View
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Available Units at Paradise Park
฿45,714
Great Price
Beds 1 Beds
Baths 1 Baths
Size 35 SqM Size
Floor 3 Floor
Company Fully Furnished Park View
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Available Units at Paradise Park
฿40,000
Great Price
Beds 1 Beds
Baths 1 Baths
Size 35 SqM Size
Floor 7 Floor
Foreign Quota Fully Furnished City View
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Available Units at Paradise Park
฿53,125
Beds 1 Beds
Baths 1 Baths
Size 32 SqM Size
Floor 2 Floor
Thai Quota Fully Furnished Pool View
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Available Units at Paradise Park
฿37,500
Beds 1 Beds
Baths 1 Baths
Size 36 SqM Size
Floor 6 Floor
Fully Furnished
Favorite
Compare
Available Units at Paradise Park
฿45,714
Great Price
Beds 1 Beds
Baths 1 Baths
Size 35 SqM Size
Floor 3 Floor
Company Fully Furnished Park View
Get notified when new homes are being added to Paradise Park

Loan Calculator

Frequently asked questions

No pets are allowed at Paradise Park 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 ฿1,225 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 Paradise Park the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
Jomtien Beach South is the nearest Beach from Paradise Park 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 Paradise Park 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

3.8 out of 5 3.83
Based on
6 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Affordable rental price, it is qaulity and suitable for the price
4 Quinton Vasko, Canada, 2 years ago
I have lived here for 2 years. It is a very nice place to stay. For me, the rental price is not expensive. All rooms are quality and suitable for a good price. The staff is also friendly, and the surrounding is clean. The project provides a high-security system. There is a large swimming pool in the center of the condo and a fully equipped gym. It is easy to access and use. In addition, the location is not far from Jomtien Beach, local markets, and nightlife.
Affordable, comfortable accommodation
3.7 Johnathan Gowin, United Kingdom, 3 years ago
I rented a room here. The price is very affordable, but the room looks good with a spacious area. Moreover, the furniture is of quality. There may be an old structure because it was built for a long time. However, the project has always taken care of it, so there aren't many problems. Besides, there are also facilities within the condo, such as a swimming pool, a fitness center, garden, and shop. It also easily accesses Central Festival Pattaya, Pattaya Floating Market, and Jomtien Beach. Overall, I like it. I recommend it.
Condo near the beach with a large swimming pool
3.5 Jimmy Watson, United Kingdom, 3 years ago
The room I stay in is a 1 bedroom type, approximately 35 square meters. It is a garden view room. I think it might be too narrow for two people, and more suitable for only one person. The common area includes a large swimming pool and a shuttle bus service that will take you to Jomtien Beach in about 7-8 minutes only. If you want to enjoy a full city, you can rent a motorbike at an affordable price !!
High-quality condo at an affordable price
4.3 Yumi Park, South Korea, 3 years ago
It's a high-quality condo at an affordable price. The location is so perfect, which is close to Jomtien beach. It takes only 10 mins walk. Even though it's near Jomtien beach, it's not too close to disturb your privacy. The swimming pool within the project is so large. My room has 1 bedroom. It's fully furnished with a simple design, and also the furniture is high-quality. It's worth every penny.
Good condo in Jomtien, easy access to the beach
4 Clarisa Renegar, United States, 3 years ago
It is a good relaxing place, just a little away from Pattaya Beach Road and the nightlife venues. It is quiet and comfortable to access. If you're looking for a place for a family with a simple style in the Jomtien Beach area, Paradise Park is an excellent place to stay. The room interior is ok with a simple look but represents modernity. Overall, this condo features complete facilities such as a great vast and large swimming pool, a shady garden, and a reception hall. The people here are friendly. Moreover, Paradise Park has a beautiful landscape. There is a 24-hour security system, and a shuttle bus service to the beach is also available for a fee. It was considered ok for me because it is within walking distance to local markets, fruit stalls, convenience stores, and nightlife venues easily and safely. Everything is ok for real relaxation.
Large pool !
3.5 Oliver Guinyard, United States, 4 years ago
Large swimming pool for children and families with an adequate parking lot. The studio room with one bedroom is 35 sq.m, which is quite small, but suitable for living alone. It comes with standard furniture, beds, and wardrobes. The project is close to Jomtien Beach. You can reach fresh markets and convenience stores within walking distance, but the project is quite far from the nightlife.

Pattaya

Nong Prue

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