Siam Oriental Elegance 2

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Nong Prue, Pattaya, Chon Buri

Unit ID: U26539
฿1,500,000 Great Price
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
34 SqM Size
Floors
4 Floor
Construction
Jun 2014 Completed

1 Bedroom Penthouse for sale at Siam Oriental Elegance 2

This property is a 34 SqM penthouse with 1 bedroom and 1 bathroom that is available for sale. It is part of the Siam Oriental Elegance 2 project in Nong Prue, Pattaya and was completed in Jun 2014. You can buy this penthouse for a base price of ฿1,500,000 (฿44,118/SqM).

Features

BalconyBalcony

Basic Information

Property Type Penthouse
Floor 4
Bedroom 1
Size 34 SqM
Price per SqM ฿44,118
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, Thai Quota, Company
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) 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.
฿1,326/mo
Listed By
Developer
Date Listed May 16, 2017
Last Updated 2 years ago
Unit ID U26539

Price Analysis

Great Price
Estimated market value ฿1,613,252
Great
฿1,310,000
Good
Fair
Above
฿1,670,000
Current asking Price: ฿1,500,000
This penthouse is ฿113,252 BELOW MARKET (-7%) 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.
Powered by FazWaz AVM

Investment Opportunity: Charges & Yield

Sale Price
฿1,500,000
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.
฿1,326/mo

Project Details

Project Name: Siam Oriental Elegance 2
Construction: Completed (Jun 2014)
Floors: 8
Buildings: N/A
Units: 79
Project Area: 1,600 SqM
Nearest Landmark Pratumnak Beach - 0.7 Km
Location: Nong Prue, Pattaya, Chon Buri
Siam Oriental Elegance 2 Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Communal Garden Area Communal Garden Area
Key card access Key card access

Available Units at Siam Oriental Elegance 2

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Frequently asked questions

No pets are allowed at Siam Oriental Elegance 2 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 ฿39 per square meter based on the size of indoor area of the property and is ฿1,326 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.
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 Siam Oriental Elegance 2 the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Pratumnak Beach is the nearest Beach from Siam Oriental Elegance 2 and it is 0.7 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 Siam Oriental Elegance 2 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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