Nova Ocean View

4.75 (2 Reviews)

Nong Prue, Pattaya, Chon Buri

Unit ID: U32080
6% Rental Yield
฿6,000,000
Bedroom
2 Bedrooms
Bathroom
2 Bathrooms
Indoor Area
105 SqM Size
Floors
6 Floor
Construction
Nov 2011 Completed

2 Bedroom Condo for sale at Nova Ocean View

This property is a 105 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Nova Ocean View project in Nong Prue, Pattaya and was completed in Nov 2011. You can buy this condo for a base price of ฿6,000,000 (฿57,143/SqM).

Basic Information

Property Type Condo
Floor 6
Bedrooms 2
Size 105 SqM
Price per SqM ฿57,143
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%.

N/A
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.
฿4,200/mo
Listed By
Private Owner
Date Listed Aug 23, 2017
Last Updated 5 months ago
Unit ID U32080

Investment Opportunity: Charges & Yield

Sale Price
฿6,000,000
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.
฿4,200/mo
Est. Rent
฿30,800/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.
16
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 Nova Ocean View, and the current sales price.
6%

Project Details

Project Name: Nova Ocean View
Developer: Nova Group
Construction: Completed (Nov 2011)
Floors: 8
Buildings: 1
Units: 78
Project Area: 3,040 SqM
Nearest Landmark Pratumnak Beach - 1 Km
Location: Nong Prue, Pattaya, Chon Buri
Nova Ocean View 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
Reception / Lobby Area Reception / Lobby Area

Popular Facilities at Nova Ocean View

  • Communal Pool
    Rooftop
  • Communal Gym
    8th Floor
  • Reception / Lobby Area
    Ground Floor

Available Units at Nova Ocean View

For Sale 6 For Rent 7
Get notified when new homes are being added to Nova Ocean View

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Frequently asked questions

No pets are allowed at Nova Ocean View 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 ฿4,200 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 Nova Ocean View the required payment for the sinking fund is ฿400 per square meter based on the size of the indoor area of the property.
Pratumnak Beach is the nearest Beach from Nova Ocean View 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 Nova Ocean View 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

4.8 out of 5 4.75
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Luxury boutique building in a great location
5 John Lees- Whitehead, Current Resident, 11 months ago
I bought a condo in this building 6 years ago, after looking at many other buildings the main plus points for me buying were: Size - Small boutique building, so generally very quiet, no waiting for the lift and not busy in the common areas. Also all of the rooms in the building are a generous size, 45sqm being the smallest (studio). Quality - The quality of the finish & materials is some of the best I have seen in any project in Pattaya. Location - Only a few minutes from Pattaya city centre and 800m to Pratumnak beach, surrounded by some of the best restaurants in the city. Security - CCTV around the whole project, key card access to all areas and 2 security guards on an a night time make you feel very secure. Maintenance - 3 full time cleaners keep all of the common areas spotlessly clean at all times. Facilities - Rooftop infinity pool is excellent and always clean, new sun loungers and covered sunbathing areas are being fitted soon. The gym is small but is ok for a cardio workout.
Wonderful condo in Pattaya
4.5 Lucas B., Belgium, 3 years ago
I’ve stayed here recently. It’s a great condo at an affordable price, and it’s also in a great location as it’s not far from Jomtien Beach. Fortunately, there was the Songkran Festival when I was there, which was so much fun! The room I stayed in was a studio room. The living area and balcony are very spacious and fully furnished. In the evening, I usually chilled out at the rooftop pool, or sometimes I went to the fitness center. The equipment in the fitness center wasn’t new, but still functional. It has been well maintained. The staff here is all very nice and attentive. There are many shops, restaurants, and convenience stores around the condo. For those who want to travel around the city, I recommend renting a motorbike. It will be very convenient to drive through small alleys. It’s not as dangerous as in BKK. I will definitely come back to the Songkran festival next year and stay here again.

Pattaya

Nong Prue

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