Majestic Jomtien Condominium

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Nong Prue, Pattaya, Chon Buri

Unit ID: U27305
Sold Great Price
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
76 SqM Size
Floors
5 Floor
Construction
May 1994 Completed

1 Bedroom Penthouse for sale at Majestic Jomtien Condominium

This property is a 76 SqM penthouse with 1 bedroom and 1 bathroom that is available for sale. It is part of the Majestic Jomtien Condominium project in Nong Prue, Pattaya and was completed in May 1994. You can buy this penthouse for a base price of ฿2,210,000 (฿29,079/SqM).

Features

BalconyBalcony

Basic Information

Property Type Penthouse
Floor 5
Bedroom 1
Size 76 SqM
Price per SqM ฿29,079
Penthouse 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) Pool 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.
฿1,520/mo
Listed By
Private Owner
Date Listed Jun 5, 2017
Last Updated 3 months ago
Unit ID U27305

Price Analysis

Great Price
Estimated market value ฿4,083,692
Great
฿2,370,000
Good
Fair
Above
฿5,230,000
Current asking Price: ฿2,210,000
This penthouse is ฿1,873,692 BELOW MARKET (-46%) in the Pattaya area. It is analyzed against similar penthouses and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
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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.
฿1,520/mo

Project Details

Developer: N/A
Construction: Completed (May 1994)
Floors: 5
Buildings: N/A
Units: 179
Project Area: N/A
Nearest Landmark Jomtien Beach Central - 1 Km
Location: Nong Prue, Pattaya, Chon Buri
Majestic Jomtien Condominium Project Details

Project Features

Communal Pool Communal Pool
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
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Frequently asked questions

No pets are allowed at Majestic Jomtien Condominium 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 ฿20 per square meter based on the size of indoor area of the property and is ฿1,520 for this penthouse. 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.
Jomtien Beach Central is the nearest Beach from Majestic Jomtien Condominium and it is 1 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 Majestic Jomtien Condominium 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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Pattaya

Nong Prue

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