Panchalae Boutique Residence

4.5 (1 Review)

Nong Prue, Pattaya, Chon Buri

Unit ID: U41483
9% Rental Yield
Sold Great Price
Bedroom
2 Bedrooms
Bathroom
2 Bathrooms
Indoor Area
160 SqM Size
Floors
4 Floor
Construction
Jun 1983 Completed

2 Bedroom Condo for sale at Panchalae Boutique Residence

This property is a 160 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Panchalae Boutique Residence project in Nong Prue, Pattaya and was completed in Jun 1983. You can buy this condo for a base price of ฿7,200,000 (฿45,000/SqM) and it is also available for long term rentals starting from ฿55,000 per month.

Features

DuplexDuplex BalconyBalcony Full Western KitchenFull Western Kitchen

Basic Information

Property Type Condo
Floor 4
Bedrooms 2
Size 160 SqM
Price per SqM ฿45,000
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) Sea 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
Private Owner
Date Listed Nov 27, 2017
Last Updated 1 year ago
Unit ID U41483

Price Analysis

Great Price
Estimated market value ฿7,762,957
Great
฿4,390,000
Good
Fair
Above
฿7,760,000
Current asking Price: ฿7,200,000 | Advertised rental rate: ฿55,000/mo
This condo is ฿562,957 BELOW MARKET (-7%) 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.
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Investment Opportunity: Charges & Yield

Rent
฿55,000/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.
11
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.
9%

Project Details

Developer: N/A
Construction: Completed (Jun 1983)
Floors: 6
Buildings: N/A
Units: 75
Project Area: N/A
Nearest Landmark Jomtien Beach Central - 0.2 Km
Location: Nong Prue, Pattaya, Chon Buri
Panchalae Boutique Residence 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
Close
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This condo was reserved by another buyer but check out these similar properties

Available Units at Panchalae Boutique Residence

For Sale 2 For Rent 3
Get notified when new homes are being added to Panchalae Boutique Residence

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Frequently asked questions

No pets are allowed at Panchalae Boutique Residence unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Jomtien Beach Central is the nearest Beach from Panchalae Boutique Residence and it is 0.2 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 Panchalae Boutique Residence 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

4.5 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
Very comfortable and relaxing!
4.5 Linda F., United Kingdom, 3 years ago
It is a perfect place to stay. My family and I were there for 2 weeks and had a great time together. There is a lovely swimming pool for both adults and children. Our children enjoyed it so much! The staff was very kind and helpful. There is a fitness center too, but I have nothing to comment on because I had no time to use it. The penthouse that we stayed in has 3 bedrooms, 3 bathrooms. It is very well decorated with nice furniture and feels like a hotel. The air conditioning in the small room was not cool, but overall it is good, no big issue, and what we like the most about this place is the location, which is very close to Jomtien Beach, just a short walk away. Very comfortable and relaxing!

Pattaya

Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

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