Veranda Residence Pattaya

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Na Chom Thian, Pattaya, Chon Buri

Unit ID: U350347
5% Rental Yield
฿3,100,000
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
33 SqM Size
Floors
8 Floor
Construction
Mar 2017 Completed

1 Bedroom Condo for sale at Veranda Residence Pattaya

This property is a 33 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Veranda Residence Pattaya project in Na Chom Thian, Pattaya and was completed in Mar 2017. You can buy this condo for a base price of ฿3,100,000 (฿93,939/SqM).

Beachfront 1bedroom condo in Veranda Residence Pattaya

A high class project with a high rise condominium and a 5* hotel in front on a nice large beach front land. This is easy living and as a condo owner you are entitled to use the beachfront swimming pools and relax area of the hotel. The hotel also offers spa, rooftop bars, cafes and 2 restaurants . Its a very popular weekend destination for bangkok residents and the hotel is fully booked every weekend. It is also a home away from home at the beach, with dining and winding options everywhere. Fresh seafood at your doorstep. The area is also increasingly popular with watersports like sailing ,windsurfing, kiting and paddle boards etc. Several schools and clubs are offering these activities , as well as the big Ocean Marina that is a yachting marina. Weekly regattas and bigger events. The condo is 33 m2, high ceilings, large windows and large sliding doors to the balcony gives you a feeling of space and volume. Its also very bright and comes with a fully equipped bathroom, fully equipped kitchen, a nice queen size bed, a nice sofa, oak table and a very nice glass kitchen table. 2 aircons. Curtains included. You will need to buy a tv, a wardrobe if you wish, 2-3 kitchen chair and some interior details to give it your touch. The wall between the living room and the wall between the bedroom and bathroom are in glass and frosted glass, with huge sliding doors. Very stylish. If you look at booking.com or agoda.com etc you will see that you can easily have a income of 2000-3000 bath every night in the weekends on these condos if you wish so. There you will also see pictures how to decorate the final touches of the condo to make it very stylish . This week there has been 20-40 sailors, windsurfer and kiters on the water, and I belive this area is developing towards a sporting hub. 100 meters walk and you are on jomtien beach road , in the other direction the beach all the way to bang saray. If you google veranda residence pattaya or na jomtien , you will see hundreds of pictures of this project. Its popular among photographers because of all the design details, the good light and the unikness of the project. So have a feast and enjoy. Also videos on youtube. I sell at 3,1 mill bath and it is a discounted price to promote a quick sale. I decided to do it this way as I make a small gain on the currency pairing at the moment. So as long as the Tbh remains strong I can offer this good deal. So be quick. There are no new true beachfront project to be had in the future here, and it is a great condominium.

Features

BeachfrontBeachfront BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Property Type Condo
Floor 8
Bedroom 1
Size 33 SqM
Price per SqM ฿93,939
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
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) Sea View, Partial Sea View, Unblocked Open 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.
฿1,650/mo
Listed By
Private Owner
Date Listed Feb 8, 2020
Last Updated 6 months ago
Unit ID U350347

Investment Opportunity: Charges & Yield

Sale Price
฿3,100,000
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.
฿1,650/mo
Est. Rent
฿12,100/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.
21
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 Veranda Residence Pattaya, and the current sales price.
5%

Project Details

Construction: Completed (Mar 2017)
Floors: 34
Buildings: N/A
Units: 330
Project Area: 5,552 SqM
Nearest Landmark Na Jomtien Beach - 0.6 Km
Location: Na Chom Thian, Sattahip, Chon Buri
Veranda Residence Pattaya Project Details

Project Features

Hotel Managed Hotel Managed
On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
Bar Bar
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Spa Spa
Direct Beach Access Direct Beach Access
Reception / Lobby Area Reception / Lobby Area

Available Units at Veranda Residence Pattaya

For Sale 8 For Rent 5
Get notified when new homes are being added to Veranda Residence Pattaya

Loan Calculator

Payment Plan

For 1 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Deposit
10%
2nd Installment
On handover
90%
For 2 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
฿80,000
1st Installment
Deposit
10%
2nd Installment
On handover
90%

Frequently asked questions

No pets are allowed at Veranda Residence Pattaya 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 ฿50 per square meter based on the size of indoor area of the property and is ฿1,650 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 Veranda Residence Pattaya the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Na Jomtien Beach is the nearest Beach from Veranda Residence Pattaya and it is 0.6 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 Veranda Residence Pattaya you have to follow these steps:

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

 


For 1 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Deposit
10%
2nd Installment
On handover
90%
For 2 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
฿80,000
1st Installment
Deposit
10%
2nd Installment
On handover
90%

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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Pattaya

Na Chom Thian

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