Baan Somprasong

4.67 (1 Review)

Na Chom Thian, Pattaya, Chon Buri

Unit ID: U61398
5% Rental Yield
฿11,500,000 ฿12,500,000 Great Price
Bedroom
2 Bedrooms
Bathroom
2 Bathrooms
Indoor Area
175 SqM Size
Floors
1 Floor
Construction
May 1987 Completed

2 Bedroom Condo for sale at Baan Somprasong

This property is a 175 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Baan Somprasong project in Na Chom Thian, Pattaya and was completed in May 1987. You can buy this condo for a base price of ฿11,500,000 (฿65,714/SqM) and it is also available for long term rentals starting from ฿45,000 per month.

Features

TerraceTerrace Full Western KitchenFull Western Kitchen

Basic Information

Property Type Condo
Floor 1
Bedrooms 2
Size 175 SqM
Price per SqM ฿65,714
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, Garden 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.
N/A
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 Jan 16, 2018
Last Updated 1 year ago
Unit ID U61398

Price Analysis

Great Price
Estimated market value ฿14,743,262
Great
฿11,000,000
Good
Fair
Above
฿18,900,000
Current asking Price: ฿11,500,000 | Advertised rental rate: ฿45,000/mo
This condo is ฿3,243,262 BELOW MARKET (-22%) 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
฿11,500,000
Rent
฿45,000/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.
21
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.
5%

Project Details

Project Name: Baan Somprasong
Developer: N/A
Construction: Completed (May 1987)
Floors: 6
Buildings: N/A
Units: 94
Project Area: N/A
Nearest Landmark Ban Amphur Beach - 0.1 Km
Location: Na Chom Thian, Sattahip, Chon Buri
Baan Somprasong Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Direct Beach Access Direct Beach Access
Tennis Court Tennis Court

Available Units at Baan Somprasong

For Sale 4 For Rent 4
Get notified when new homes are being added to Baan Somprasong

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Frequently asked questions

Ban Amphur Beach is the nearest Beach from Baan Somprasong and it is 0.1 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 Baan Somprasong 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

4.7 out of 5 4.67
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Beachfront condo with green garden. It’s my most beautiful vacation home.
4.7 Sunny Kennard, United States, 34 years ago
I'm a British woman who is so in love with Thailand, and I want to spend my time after retirement here, so I had been looking for an affordable beachfront condo with convenient transportation. Most importantly, I love the sea, so the condo must be beachfront. When I found this condo, I would say that this place makes my dream come true. I have bought three bedrooms with a spacious unit area that is enough for my family. As the condo is a bit old but well-maintained, it's new and more beautiful than I expected. Plus, this place is so private, especially on weekdays. Though, during the weekend, I found it a bit crowded as this place is open for daily and monthly rental. There is an extra-large swimming pool by the beach and a well-landscaped garden where I usually relax. I'm not disappointed in choosing this condo as a vacation home.

Pattaya

Na Chom Thian

Neighborhood Overview

Location and Neighborhood

Street View

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