The Vision

2.75 (2 Reviews)

Nong Prue, Pattaya, Chon Buri

Unit ID: U164076
7% Rental Yield
฿2,770,000 Great Price
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
39.12 SqM Size
Floors
9 Floor
Construction
Jul 2016 Completed

1 Bedroom Condo for sale at The Vision

This property is a 39.12 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the The Vision project in Nong Prue, Pattaya and was completed in Jul 2016. You can buy this condo for a base price of ฿2,770,000 (฿70,808/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 9
Bedroom 1
Size 39.12 SqM
Price per SqM ฿70,808
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
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) 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.
฿1,917/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 Jul 25, 2019
Last Updated 1 year ago
Unit ID U164076

Price Analysis

Great Price
Estimated market value ฿3,213,011
Great
฿2,950,000
Good
Fair
Above
฿3,580,000
Current asking Price: ฿2,770,000 | Rental estimate: ฿17,300/mo
This condo is ฿443,011 BELOW MARKET (-14%) 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
฿2,770,000
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.
฿1,917/mo
Est. Rent
฿17,300/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.
13
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 The Vision, and the current sales price.
7%

Project Details

Project Name: The Vision
Developer: Matrix
Construction: Completed (Jul 2016)
Floors: 23
Buildings: 1
Units: 221
Project Area: 2,220 SqM
Nearest Landmark Jomtien Beach North - 1.5 Km
Location: Nong Prue, Pattaya, Chon Buri
The Vision 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
Spa Spa
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Communal Garden Area Communal Garden Area
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at The Vision

  • Reception / Lobby Area
    Ground Floor
  • Communal Pool
    20th Floor
  • Communal Gym
    20th Floor
  • Sauna
    20th Floor

Available Units at The Vision

For Sale 8 For Rent 5
Get notified when new homes are being added to The Vision

Loan Calculator

Frequently asked questions

No pets are allowed at The Vision 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 ฿49 per square meter based on the size of indoor area of the property and is ฿1,917 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 Vision 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 North is the nearest Beach from The Vision and it is 1.5 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 Vision 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

2.8 out of 5 2.75
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
not recommendable
1.7 Rainer Ziem, Germany, 2 years ago
I lived there for 1 year the condos are extremely noisy you can hear everything from the neighbors. Some landlords, especially an Englishman, then cut off all connections and do not pay back the deposit of 15,000 Bhat. Can only advise against booking there
Good location, nice view
3.8 Madaline Ackman, Italy, 2 years ago
I've been here for many years, and here is very scenic and outstanding from other condominium projects in Pattaya. The location is good, and there are no buildings obscuring the scenery. You can experience Pattaya city view and overlooking Pratumnak Hill view. Such an incredible view! It's the reason why I decided to buy the condo here. At first, I just rented it. Then I bought it because I was very okay. It is surrounded by nature and restaurants. The security system is also excellent, matching to the residents who love tranquility. I'll recommend it here for those looking for a condo in Pattaya because it's a good location and close to many tourist attractions.

Pattaya

Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

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