2 Bedroom Condo for sale at Espana Condo Resort Pattaya

4.5 (1 Review)
Nong Prue, Pattaya, Chon Buri
Unit ID: U73152
5% Rental Yield
฿6,988,888 Great Price
2 Bedrooms
2 Bathrooms
75 SqM Size
7 Floor
Jan 2018 Completed

About This Condo

This property is a 75 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Espana Condo Resort Pattaya project in Nong Prue, Pattaya and was completed in Jan 2018. You can buy this condo for a base price of ฿6,988,888 (฿93,185/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 7
Bedrooms 2
Size 75 SqM
Price per SqM ฿93,185
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%.

Thai 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.
฿3,375/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 Apr 23, 2018
Last Updated 3 years ago
Unit ID U73152

Price Analysis

Great Price
Estimated market value ฿8,016,994
Great
฿7,980,000
Good
Fair
Above
฿9,020,000
Current asking Price: ฿6,988,888 | Rental estimate: ฿27,400/mo
This condo is ฿1,028,106 BELOW MARKET (-13%) 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
฿6,988,888
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.
฿3,375/mo
Est. Rent
฿27,400/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 based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 2 bedroom condos at Espana Condo Resort Pattaya, and the current sales price.
5%

Project Details

Developer: Blue Sky Group
Construction: Completed (Jan 2018)
Floors: 8
Buildings: 7
Units: 1094
Project Area: 20,000 SqM
Nearest Landmark Jomtien Beach South - 0.7 Km
Location: Nong Prue, Pattaya, Chon Buri
Espana Condo Resort Pattaya Project Details

Project Features

Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Music Room Music Room
Cigar Lounge Cigar Lounge
Indoor Games Room Indoor Games Room
Kids Pool Kids Pool
Outdoor Kids Zone Outdoor Kids Zone
Communal Garden Area Communal Garden Area
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Espana Condo Resort Pattaya

  • Communal Pool
    1st Floor
  • Communal Gym
    1st Floor
  • Jacuzzi
    1st Floor

Available Units at Espana Condo Resort Pattaya

For Sale 20 For Rent 2
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Available Units at Espana Condo Resort Pattaya
฿85,861
Beds 1 Beds
Baths 1 Baths
Size 73.13 SqM Size
Floor 8 Floor
Foreign Quota Unfurnished Pool View
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Available Units at Espana Condo Resort Pattaya
฿67,538
Beds 2 Beds
Baths 2 Baths
Size 70.76 SqM Size
Floor 4 Floor
Foreign Quota Unfurnished Garden View
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Available Units at Espana Condo Resort Pattaya
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Beds 1 Beds
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Size 25 SqM Size
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Available Units at Espana Condo Resort Pattaya
฿77,143
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Beds 1 Beds
Baths 1 Baths
Size 35 SqM Size
Floor 1 Floor
Thai Quota Fully Furnished Pool View
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Available Units at Espana Condo Resort Pattaya
฿93,185
Great Price
Beds 2 Beds
Baths 2 Baths
Size 75 SqM Size
Floor 7 Floor
Foreign Quota Fully Furnished Pool View
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Available Units at Espana Condo Resort Pattaya
฿67,538
Beds 2 Beds
Baths 2 Baths
Size 70.76 SqM Size
Floor 4 Floor
Foreign Quota Unfurnished Garden View
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Available Units at Espana Condo Resort Pattaya
฿83,617
Beds 1 Beds
Baths 1 Baths
Size 34.67 SqM Size
Floor 5 Floor
Foreign Quota Unfurnished Pool View
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Compare
Available Units at Espana Condo Resort Pattaya
฿83,617
Beds 1 Beds
Baths 1 Baths
Size 34.67 SqM Size
Floor 5 Floor
Foreign Quota Unfurnished Pool View
Favorite
Compare
Available Units at Espana Condo Resort Pattaya
฿83,040
Beds 1 Beds
Baths 1 Baths
Size 34.67 SqM Size
Floor 4 Floor
Foreign Quota Unfurnished Pool View
Favorite
Compare
Available Units at Espana Condo Resort Pattaya
฿93,185
Great Price
Beds 2 Beds
Baths 2 Baths
Size 75 SqM Size
Floor 7 Floor
Foreign Quota Fully Furnished Pool View
Favorite
Compare
Available Units at Espana Condo Resort Pattaya
฿97,618
Good Price
Beds 1 Beds
Baths 1 Baths
Size 34 SqM Size
Floor 8 Floor
Company Fully Furnished
Favorite
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Available Units at Espana Condo Resort Pattaya
฿77,600
Great Price
Beds 2 Beds
Baths 2 Baths
Size 75 SqM Size
Floor 4 Floor
Foreign Quota Fully Furnished Garden View
Favorite
Compare
Available Units at Espana Condo Resort Pattaya
฿83,040
Beds 1 Beds
Baths 1 Baths
Size 34.67 SqM Size
Floor 4 Floor
Foreign Quota Unfurnished Pool View
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Available Units at Espana Condo Resort Pattaya
฿73,675
Great Price
Beds 1 Beds
Baths 1 Baths
Size 73.01 SqM Size
Floor 8 Floor
Foreign Quota Unfurnished Garden View
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Available Units at Espana Condo Resort Pattaya
฿86,837
Great Price
Beds 1 Beds
Baths 1 Baths
Size 34.49 SqM Size
Floor 1 Floor
Foreign Quota Unfurnished Garden View
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Available Units at Espana Condo Resort Pattaya
฿88,571
Great Price
Beds 1 Beds
Baths 1 Baths
Size 35 SqM Size
Floor 2 Floor
Thai Quota Fully Furnished Pool View
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Available Units at Espana Condo Resort Pattaya
฿58,286
Beds 1 Beds
Baths 1 Baths
Size 35 SqM Size
Floor 2 Floor
Foreign Quota Fully Furnished City View
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Available Units at Espana Condo Resort Pattaya
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Beds 2 Beds
Baths 2 Baths
Size 77 SqM Size
Floor 1 Floor
Fully Furnished Pool View
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Available Units at Espana Condo Resort Pattaya
฿51,389
Beds 1 Beds
Baths 1 Baths
Size 36 SqM Size
Floor 4 Floor
Fully Furnished
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Available Units at Espana Condo Resort Pattaya
฿82,324
Great Price
Beds 1 Beds
Baths 1 Baths
Size 36.32 SqM Size
Floor 4 Floor
Foreign Quota Unfurnished Pool View
Favorite
Compare
Available Units at Espana Condo Resort Pattaya
฿93,185
Great Price
Beds 2 Beds
Baths 2 Baths
Size 75 SqM Size
Floor 7 Floor
Thai Quota Fully Furnished Pool View
Favorite
Compare
Available Units at Espana Condo Resort Pattaya
฿93,185
Great Price
Beds 2 Beds
Baths 2 Baths
Size 75 SqM Size
Floor 7 Floor
Thai Quota Fully Furnished Pool View
Get notified when new homes are being added to Espana Condo Resort Pattaya

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Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
On handover
100%
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
On handover
100%

Frequently Asked Questions

No pets are allowed at Espana Condo Resort Pattaya 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 ฿45 per square meter based on the size of indoor area of the property and is ฿3,375 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 Espana Condo Resort Pattaya the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
Jomtien Beach South is the nearest Beach from Espana Condo Resort Pattaya 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 Espana Condo Resort Pattaya you have to follow these steps:

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

 


Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
On handover
100%
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
On handover
100%

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 Espana Condo Resort Pattaya?

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Reviews

4.5 out of 5 4.5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
I would say that I like it very much.
4.5 Lisa Hunnam, United States, 1 year ago
I stayed here for 2 months, and I didn't want to move out. I would say that I like it very much. It is a beautiful luxury condo in Spanish style on an Extensive project area. Plus, there is a fully-equipped and modern fitness center, nice swimming pool, good sauna, and sunbeds. The staff is very professional. Unfortunately, the room is a bit too many, so there are many residents, so it is not suitable for those looking for a condo with a peaceful atmosphere. The room I stayed in was a studio room with space and beautifully decorated, very charming. The furniture is modern and functional. Most importantly, it's very close to Jomtien Beach, just walking 15 minutes.
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Espana Condo Resort Pattaya

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
Nong Prue, Pattaya, Chon Buri
Number of units
1098
Sales Prices
฿3.98M
Monthly Rentals
N/A
Year Built
Jan 2018
Completion Status
Completed
Project Name
Adare Villas
Location
Nong Prue, Pattaya, Chon Buri
Number of units
9
Sales Prices
฿6.3M
Monthly Rentals
฿30.3K
Year Built
Jun 2010
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
1846
Sales Prices
฿1.36M - ฿1.81M
▼ -26.3% underpriced
Monthly Rentals
฿5.55K - ฿13.1K
Year Built
May 2014
Completion Status
Completed
Project Name
Adare Gardens 2
Location
Nong Prue, Pattaya, Chon Buri
Number of units
9
Sales Prices
฿7.46M
▼ -8% underpriced
Monthly Rentals
฿38.3K - ฿50.4K
Year Built
May 2007
Completion Status
Completed
Project Name
La Santir
Location
Nong Prue, Pattaya, Chon Buri
Number of units
523
Sales Prices
฿1.66M - ฿17.1M
▼ -0.9% underpriced
Monthly Rentals
฿10.1K - ฿50.4K
Year Built
Nov 2015
Completion Status
Completed
Project Name
Porch Land 2
Location
Nong Prue, Pattaya, Chon Buri
Number of units
154
Sales Prices
฿1.3M - ฿2.12M
▼ -36.5% underpriced
Monthly Rentals
฿13.1K - ฿14.1K
Year Built
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Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
129
Sales Prices
฿1.99M - ฿4.71M
▲ 2.7% overpriced
Monthly Rentals
N/A
Year Built
Dec 2018
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
18
Sales Prices
฿5.14M
▲ 15% overpriced
Monthly Rentals
N/A
Year Built
Dec 2009
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
334
Sales Prices
฿5.55M - ฿34.3M
Monthly Rentals
฿32.8K - ฿95.8K
Year Built
Jan 2014
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
162
Sales Prices
฿2.02M
▼ -17% underpriced
Monthly Rentals
N/A
Year Built
Jul 2016
Completion Status
Completed
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