1 Bedroom Condo for sale at The Urban

4.75 (2 Reviews)
Nong Prue, Pattaya, Chon Buri
Unit ID: U1059074
7% Rental Yield
฿3,450,000
1 Bedroom
1 Bathroom
55 SqM Size
3 Floor
Jun 2009 Completed

About This Condo

This property is a 55 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the The Urban project in Nong Prue, Pattaya and was completed in Jun 2009. You can buy this condo for a base price of ฿3,450,000 (฿62,727/SqM) and it is also available for long term rentals starting from ฿20,000 per month.

The Urban condominium The living area has a smart spacious design fully furnished well-lit space with parquet flooring a comfortable sofa Cable TV Wifi and a private balcony. The bedroom is very spacious and comfortable with large size bed TV and a large window that lets in good light with a view to the pool. here is a big closet storage space provided along with a washing machine. The condo is equipped with a complete European Kitchen and lots of well-planned storage space for groceries. All rooms come with Air-con to maximize your comfort. Building amenities include a communal pool and sunbathing deck 24-hour security. 7/11 is right nearby open 24h for all your instant needs. Location: * 100 Meter from the Avenue mall * 350 Meter to the Beach * 500 Meter to Royal Garden Plaza Mall / Ripley's Believe It or Not * 550 meters to Hilton's Central Festival Mall * 5 Minutes' walk from Soi Buakhao * 10 Minutes walk from walking street

Basic Information

Property Type Condo
Floor 3
Bedroom 1
Size 55 SqM
Price per SqM ฿62,727
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%.

N/A
Furniture
N/A
View(s) N/A
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.
฿2,200/mo
Listed By
Broker Network
Date Listed Feb 14, 2022
Last Updated 5 months ago
Unit ID U1059074

Investment Opportunity: Charges & Yield

Sale Price
฿3,450,000
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.
฿2,200/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.
14
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.
7%

Project Details

Project Name: The Urban
Developer: The Urban Property
Construction: Completed (Jun 2009)
Floors: 8
Buildings: N/A
Units: 158
Project Area: N/A
Nearest Landmark Pattaya Walking Street - 0.8 Km
Location: Nong Prue, Pattaya, Chon Buri
The Urban Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
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

Available Units at The Urban

For Sale 7 For Rent 10
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฿53,226
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฿52,679
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฿60,965
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Available: Dec 1, 2023 Available Units at The Urban
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Beds 3 Beds
Baths 2 Baths
Size 105 SqM Size
Floor 6 Floor
Fully Furnished Pool View
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฿62,727
Beds 1 Beds
Baths 1 Baths
Size 55 SqM Size
Floor 3 Floor
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฿108,936
Beds 2 Beds
Baths 2 Baths
Size 117.50 SqM Size
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Fully Furnished Pool View
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Beds 1 Beds
Baths 1 Baths
Size 51 SqM Size
Floor 4 Floor
Fully Furnished Pool View
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฿75,510
Beds 2 Beds
Baths 2 Baths
Size 98 SqM Size
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Company Fully Furnished City View
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฿74,026
Beds 2 Beds
Baths 2 Baths
Size 77 SqM Size
Floor 7 Floor
Fully Furnished
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Available: Jan 1, 2023 Available Units at The Urban
฿64,805
Great Price
Beds 2 Beds
Baths 2 Baths
Size 77 SqM Size
Floor 8 Floor
Thai Quota Fully Furnished City View
Get notified when new homes are being added to The Urban

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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 ฿2,200 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 The Urban the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Pattaya Walking Street is the nearest Tourist Attraction from The Urban and it is 0.8 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 The Urban 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 4.75
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Comfortable
5 Oliver E., Norway, 3 years ago
I thought I made the right decision to buy a room here. It is a pretty good price, big fully-furnished unit area. The project facilities are completed, including a gym, a pool, shops, sauna, so comfortable for me. It is also very close to Pattaya Beach, less than 10 minutes walk, so I like to go there. One disadvantage here is that the Central of Pattaya's location may not be very suitable for people who like peace. There will be some noise from outside; you will definitely like it here if you're a party lover like me.
Great condo for urban escape
4.5 Myrle Hansen, Finland, 5 years ago
Recently, I just visited Pattaya city for a few nights, so I had a chance to stay here. I would say this place is worth the price. The room that I stayed in is a studio unit, which is pretty large. It's enough for one or two people. Although the condition of the condo doesn't look like a brand-new condo, it's well maintained. I wish the swimming pool were on the rooftop, so I can enjoy the view of Pattaya city. Overall, the condo is quite great. For almost a week during the stay, I haven't found any problem. The condo is in the city's prime area, so it's easy to get around. It takes only 10 mins to Pattaya beach, where I can enjoy wandering around. For those who like the peaceful atmosphere, you can walk up to the North of the beach, but I usually walk down the South because there are many restaurants and souvenir shops, where I found it enjoyable. It's not far from the Central Festival Shopping Mall, just 15 mins walking, and it also takes less than 5 mins driving. I quite like this place as the price is affordable. Also, Pattaya city is another interesting place for an urban escape as it takes only 1 hr. from BKK, super convenient!
Pattaya
Nong Prue

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