Aeras

4.17 (1 Review)

Nong Prue, Pattaya, Chon Buri

Unit ID: U164866
7% Rental Yield
฿5,500,000 Great Price
Bedroom
2 Bedrooms
Bathroom
1 Bathroom
Indoor Area
47 SqM Size
Floors
28 Floor
Construction
Aug 2017 Completed

2 Bedroom Condo for sale at Aeras

This property is a 47 SqM condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the Aeras project in Nong Prue, Pattaya and was completed in Aug 2017. You can buy this condo for a base price of ฿5,500,000 (฿117,021/SqM) and it is also available for long term rentals starting from ฿30,000 per month.

Features

BalconyBalcony Wifi IncludedWifi Included

Basic Information

Property Type Condo
Floor 28
Bedrooms 2
Size 47 SqM
Price per SqM ฿117,021
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, Blocked 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.
฿1,880/mo
Listed By
Private Owner
Date Listed May 26, 2019
Last Updated 1 year ago
Unit ID U164866

Price Analysis

Great Price
Estimated market value ฿6,040,821
Great
฿5,400,000
Good
Fair
Above
฿6,790,000
Current asking Price: ฿5,500,000 | Advertised rental rate: ฿30,000/mo
This condo is ฿540,821 BELOW MARKET (-9%) 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
฿5,500,000
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.
฿1,880/mo
Rent
฿30,000/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.
15
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
7%

Project Details

Project Name: Aeras
Developer: The Urban Property
Construction: Completed (Aug 2017)
Floors: 38
Buildings: 2
Units: 333
Project Area: 5,880 SqM
Nearest Landmark Jomtien Beach South
Location: Nong Prue, Pattaya, Chon Buri
Aeras Project Details

Project Features

Hotel Managed Hotel Managed
Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Steam Room Steam Room
Direct Beach Access Direct Beach Access
Reception / Lobby Area Reception / Lobby Area
Walking / Running Track Walking / Running Track
Yoga Area Yoga Area
Massage Room Massage Room
Indoor Games Room Indoor Games Room
Library / Reading Room Library / Reading Room
Lounge Lounge
Communal Garden Area Communal Garden Area

Popular Facilities at Aeras

  • Communal Pool
    Ground Floor
  • Reception / Lobby Area
    1st Floor
  • Kids Club
    5th Floor
  • Library / Reading Room
    5th Floor

Available Units at Aeras

For Sale 21 For Rent 4
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Available Units at Aeras
฿161,541
Beds 3 Beds
Baths 3 Baths
Size 184.82 SqM Size
Floor 37 Floor
Foreign Quota Built In Sea View
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Available Units at Aeras
฿132,177
Good Price
Beds 1 Beds
Baths 1 Baths
Size 47.58 SqM Size
Floor 26 Floor
Foreign Quota Built In Sea View
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Available Units at Aeras
฿116,165
Good Price
Beds 2 Beds
Baths 2 Baths
Size 104.92 SqM Size
Floor 2 Floor
Foreign Quota Built In Sea View
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Available Units at Aeras
฿156,421
Beds 1 Beds
Baths 1 Baths
Size 45.71 SqM Size
Floor 27 Floor
Foreign Quota Built In Sea View
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Available Units at Aeras
฿148,611
Beds 1 Beds
Baths 1 Baths
Size 36 SqM Size
Floor 32 Floor
Foreign Quota Fully Furnished Sea View
Favorite
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Available Units at Aeras
฿137,201
Good Price
Beds 2 Beds
Baths 1 Baths
Size 47.66 SqM Size
Floor 34 Floor
Foreign Quota Built In Sea View
Favorite
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Available Units at Aeras
฿132,177
Good Price
Beds 1 Beds
Baths 1 Baths
Size 47.58 SqM Size
Floor 26 Floor
Foreign Quota Built In Sea View
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Available Units at Aeras
฿118,705
Beds 1 Beds
Baths 1 Baths
Size 78.64 SqM Size
Floor 4 Floor
Foreign Quota Built In Sea View
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Available Units at Aeras
฿131,463
Good Price
Beds 1 Beds
Baths 1 Baths
Size 47.58 SqM Size
Floor 23 Floor
Foreign Quota Built In Sea View
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Available Units at Aeras
-
Beds 2 Beds
Baths 1 Baths
Size 49 SqM Size
Floor 13 Floor
Unfurnished Sea View
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Available Units at Aeras
-
Beds 1 Beds
Baths 1 Baths
Size 50 SqM Size
Floor 11 Floor
Fully Furnished Sea View
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Available Units at Aeras
฿137,721
Beds 3 Beds
Baths 4 Baths
Size 176.85 SqM Size
Floor 4 Floor
Foreign Quota Built In Sea View
Favorite
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Available Units at Aeras
฿125,000
Good Price
Beds 1 Beds
Baths 1 Baths
Size 46 SqM Size
Floor 15 Floor
Foreign Quota Partly Furnished Sea View
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Available Units at Aeras
-
Beds 1 Beds
Baths 1 Baths
Size 46 SqM Size
Floor 22 Floor
Fully Furnished Sea View
Favorite
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Available Units at Aeras
฿157,456
Beds 3 Beds
Baths 4 Baths
Size 229.08 SqM Size
Floor 35 Floor
Foreign Quota Built In Sea View
Favorite
Compare
Available Units at Aeras
฿138,499
Good Price
Beds 2 Beds
Baths 1 Baths
Size 47.65 SqM Size
Floor 36 Floor
Foreign Quota Built In Sea View
Favorite
Compare
Available Units at Aeras
฿134,783
Beds 2 Beds
Baths 1 Baths
Size 46 SqM Size
Floor 28 Floor
Foreign Quota Fully Furnished Sea View
Favorite
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Available Units at Aeras
฿117,021
Great Price
Beds 2 Beds
Baths 1 Baths
Size 47 SqM Size
Floor 28 Floor
Foreign Quota Fully Furnished Sea View
Favorite
Compare
Available Units at Aeras
฿137,859
Good Price
Beds 2 Beds
Baths 1 Baths
Size 47.65 SqM Size
Floor 35 Floor
Foreign Quota Built In Sea View
Favorite
Compare
Available Units at Aeras
฿131,463
Good Price
Beds 1 Beds
Baths 1 Baths
Size 47.58 SqM Size
Floor 25 Floor
Foreign Quota Built In Sea View
Favorite
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Available Units at Aeras
฿134,489
Good Price
Beds 1 Beds
Baths 1 Baths
Size 47.58 SqM Size
Floor 28 Floor
Foreign Quota Built In Sea View
Favorite
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Available Units at Aeras
฿133,123
Good Price
Beds 1 Beds
Baths 1 Baths
Size 47.58 SqM Size
Floor 27 Floor
Foreign Quota Built In Sea View
Favorite
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Available Units at Aeras
฿127,890
Good Price
Beds 1 Beds
Baths 1 Baths
Size 47.58 SqM Size
Floor 19 Floor
Foreign Quota Built In Sea View
Favorite
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Available Units at Aeras
฿130,412
Good Price
Beds 1 Beds
Baths 1 Baths
Size 47.58 SqM Size
Floor 24 Floor
Foreign Quota Built In Sea View
Get notified when new homes are being added to Aeras

Loan Calculator

Payment Plan

For Thai
Installment Milestone Payment
Reservation Deposit
Immediately
฿20,000
1st Installment
Upon contract signing
20%
3rd Installment
On handover
80%
For Foreigner
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Upon contract signing
50%
3rd Installment
On handover
50%

Frequently asked questions

No pets are allowed at Aeras 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 ฿40 per square meter based on the size of indoor area of the property and is ฿1,880 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 Aeras the required payment for the sinking fund is ฿550 per square meter based on the size of the indoor area of the property.
Jomtien Beach South is the nearest Beach from Aeras and it is 0 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 Aeras you have to follow these steps:

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

 


For Thai
Installment Milestone Payment
Reservation Deposit
Immediately
฿20,000
1st Installment
Upon contract signing
20%
3rd Installment
On handover
80%
For Foreigner
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Upon contract signing
50%
3rd Installment
On handover
50%

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

Do you own a property at Aeras?

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Reviews

4.2 out of 5 4.17
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Good condo development near the beach
4.2 Lucinda Mcgruder, Brazil, 2 years ago
I decided to buy it here because I have to move to Pattaya. I think it is a new condo with a beautiful design. The on-site provides a full range of facilities. What is considered outstanding facilities will be the rooftop pool and sky lounge, allowing the best views ever. Besides, there is a leisure garden, kids' room, children's playground, library, etc. It's suitable for all. I bought 1 bedroom, 1 bathroom and it is fully furnished with a large balcony which can be arranged for a small living corner. Generally, I'm very okay and worth the price paid because the condo is beautiful and close to the beach.

Pattaya

Nong Prue

Neighborhood Overview

Location and Neighborhood

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Projects Nearby Aeras

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Location
Pattaya, Chon Buri, Thailand
Number of units
1846
Sales Prices
฿1.89M - ฿6.51M
▼ -4.9% underpriced
Monthly Rentals
฿8.5K - ฿20K
Year Built
Dec 2013
Completion Status
Completed
Location
Pattaya, Chon Buri, Thailand
Number of units
552
Sales Prices
฿7.7M - ฿10.3M
▼ -14% underpriced
Monthly Rentals
฿15K - ฿17K
Year Built
Dec 1987
Completion Status
Completed
Location
Pattaya, Chon Buri, Thailand
Number of units
299
Sales Prices
฿46.6M
Monthly Rentals
N/A
Year Built
Jul 1993
Completion Status
Completed
Project Name
Trio Gems
Location
Pattaya, Chon Buri, Thailand
Number of units
315
Sales Prices
฿1.07M - ฿2.03M
▼ -8.2% underpriced
Monthly Rentals
N/A
Year Built
Apr 2017
Completion Status
Completed
Location
Pattaya, Chon Buri, Thailand
Number of units
1846
Sales Prices
฿1.35M - ฿1.79M
▼ -40.7% underpriced
Monthly Rentals
฿5.5K - ฿13K
Year Built
May 2014
Completion Status
Completed
Project Name
Cetus Beachfront
Location
Pattaya, Chon Buri, Thailand
Number of units
310
Sales Prices
฿4.75M - ฿25M
▼ -4.8% underpriced
Monthly Rentals
฿18K - ฿65K
Year Built
Jun 2015
Completion Status
Completed
Location
Pattaya, Chon Buri, Thailand
Number of units
410
Sales Prices
฿3.8M - ฿50.5M
Monthly Rentals
฿17K
Year Built
Nov 1997
Completion Status
Completed
Project Name
Adare Gardens 2
Location
Pattaya, Chon Buri, Thailand
Number of units
9
Sales Prices
฿6.9M
▼ -8% underpriced
Monthly Rentals
฿30K - ฿40K
Year Built
May 2007
Completion Status
Completed
Project Name
La Santir
Location
Pattaya, Chon Buri, Thailand
Number of units
523
Sales Prices
฿1.65M - ฿2.9M
▼ -0.5% underpriced
Monthly Rentals
฿11K - ฿15K
Year Built
Nov 2015
Completion Status
Completed
Project Name
Baan Suan Lalana
Location
Pattaya, Chon Buri, Thailand
Number of units
459
Sales Prices
฿1M - ฿4M
▼ -7% underpriced
Monthly Rentals
฿5.5K - ฿25K
Year Built
Dec 1991
Completion Status
Completed
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