VN Residence 3

3 (1 Review)

Nong Prue, Pattaya, Chon Buri

Unit ID: U1045194
11% Rental Yield
Sold Great Price
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
40.20 SqM Size
Floors
3 Floor
Construction
Jul 2015 Completed

1 Bedroom Condo for sale at VN Residence 3

This property is a 40.20 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the VN Residence 3 project in Nong Prue, Pattaya and was completed in Jul 2015. You can buy this condo for a base price of ฿1,690,000 (฿42,040/SqM).

Built in high-gloss black & white laminate Western kitchen with a black granite counter-top together with glass splash backs and a white composite, double bowl, above-counter sink, (4 plate induction hob & slim-line extractor hood). Plus an integrated matching black granite breakfast counter-top.
Fitted wardrobes with internal shelves, drawers and mirrored sliding doors in the master bedroom.
1 Finished bathroom with a black granite sink counter-top, modern white porcelain sink & wall mounted toilet, laminate under-sink cabinet and vanity mirror together with a shower and safety-glass shower enclosure.
Pre-installed hot water heater in the bathroom.
Partially furnished as per the photos includes: 1 Queen size bed & mattress, 1 bed side table, 1 beige fabric sofa, 1 dining room table & curtains.
2 Ceiling mounted and ducted air-conditioner(s) with the compressor(s) being mounted off to the side on the building facade and not on the balcony (no heat or noise).
Private balcony with tempered glass safety railings for optimal city and garden views. The balcony features dual access from both the living room and master bedroom. Plus an outdoor table with 2 chairs is also included.
High quality white 60cm*60cm ceramic floor tiles throughout.
Gypsum board ceilings with atmospheric concealed down lighting.
 

 

Features

BalconyBalcony Cable TVCable TV

Basic Information

Property Type Condo
Floor 3
Bedroom 1
Size 40.20 SqM
Price per SqM ฿42,040
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) 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.
฿1,769/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 Nov 29, 2021
Last Updated 1 week ago
Unit ID U1045194

Price Analysis

Great Price
Estimated market value ฿2,999,023
Great
฿2,980,000
Good
Fair
Above
฿3,370,000
Current asking Price: ฿1,690,000 | Rental estimate: ฿15,300/mo
This condo is ฿1,309,023 BELOW MARKET (-44%) 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

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.
฿1,769/mo
Est. Rent
฿15,300/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.
9
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 VN Residence 3, and the current sales price.
11%

Project Details

Project Name: VN Residence 3
Construction: Completed (Jul 2015)
Floors: 7
Buildings: 1
Units: 53
Project Area: 680 SqM
Nearest Landmark Dong Tarn Beach - 1.4 Km
Location: Nong Prue, Pattaya, Chon Buri
VN Residence 3 Project Details

Project Features

Hotel Managed Hotel Managed
Communal Pool Communal Pool
Communal Gym Communal Gym
Bar Bar
Clubhouse Clubhouse
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Communal Garden Area Communal Garden Area
Back Up Generators Back Up Generators

Popular Facilities at VN Residence 3

  • Communal Pool
    Rooftop
  • Communal Gym
    Rooftop
  • Communal Garden Area
    Rooftop
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Available Units at VN Residence 3

For Sale 3 For Rent 1
Get notified when new homes are being added to VN Residence 3

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Frequently asked questions

No pets are allowed at VN Residence 3 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 ฿44 per square meter based on the size of indoor area of the property and is ฿1,769 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 VN Residence 3 the required payment for the sinking fund is ฿400 per square meter based on the size of the indoor area of the property.
Dong Tarn Beach is the nearest Beach from VN Residence 3 and it is 1.4 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 VN Residence 3 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 out of 5 3
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The condo is standard & the view from the rooftop is stunning
3 Amily Pacelli, Austria, 3 years ago
I moved here in April 2016, and I was not used to the place at that time. Therefore I got lost very often. Now I think that getting around is convenient and not far from tourist attractions and shopping centers. Mini Buses are passing through the road. The condo is standard and very clean. The view from the rooftop pool area is absolutely stunning, overlooking Jomtien Beach and the surrounding sea. There are many small restaurants in the neighborhood. The internet speed is considered fast. Anyway, car parking areas are too narrow, and the road in the alley is tiny. If you have a car, you will feel a bit exhausted. The security system is okay, comprising CCTV installed surrounding the building.

Pattaya

Nong Prue

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