2 Bedroom Condo for sale at Pattaya City Resort

5 (1 Review)
Nong Prue, Pattaya, Chon Buri
Unit ID: U896544
7% Rental Yield
฿7,350,000 Great Price
2 Bedrooms
2 Bathrooms
116 SqM Size
4 Floor
Mar 2010 Completed

About This Condo

This property is a 116 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Pattaya City Resort project in Nong Prue, Pattaya and was completed in Mar 2010. You can buy this condo for a base price of ฿7,350,000 (฿63,362/SqM).

Features

BalconyBalcony Full Western KitchenFull Western Kitchen TVTV

Basic Information

Property Type Condo
Floor 4
Bedrooms 2
Size 116 SqM
Price per SqM ฿63,362
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) City 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.
฿4,640/mo
Listed By
Private Owner
Date Listed May 18, 2021
Last Updated 1 year ago
Unit ID U896544

Price Analysis

Great Price
Estimated market value ฿7,782,834
Great
฿6,280,000
Good
Fair
Above
฿8,620,000
Current asking Price: ฿7,350,000 | Rental estimate: ฿44,300/mo
This condo is ฿432,834 BELOW MARKET (-6%) 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

Sale Price
฿7,350,000
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.
฿4,640/mo
Est. Rent
฿44,300/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.
14
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 Pattaya City Resort, and the current sales price.
7%

Project Details

Project Name: Pattaya City Resort
Construction: Completed (Mar 2010)
Floors: 8
Buildings: 3
Units: 192
Project Area: 80,000 SqM
Nearest Landmark South Pattaya Beach - 1.2 Km
Location: Nong Prue, Pattaya, Chon Buri
Pattaya City Resort Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
BBQ Area BBQ Area
Communal Garden Area Communal Garden Area

Available Units at Pattaya City Resort

For Sale 6 For Rent 3
Get notified when new homes are being added to Pattaya City Resort

Loan Calculator

Frequently Asked Questions

No pets are allowed at Pattaya City Resort 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 ฿4,640 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.
South Pattaya Beach is the nearest Beach from Pattaya City Resort and it is 1.2 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 Pattaya City Resort 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

5 out of 5 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A condo with a good atmosphere and resort-style comfort
5 Johny White, Australia, 3 years ago
The project is more than a condo. It doesn't feel cramped. The atmosphere is like a resort, shady with a lot of trees. There is a swimming pool and parking spaces available for residents. The room is spacious. Suitable for anyone looking for a vacation home with an elegant style. The investment is worth it. Most of the neighbors here are foreigners. The location is excellent next to the main road on South Pattaya Road. It's convenient to travel anywhere.
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Pattaya City Resort

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
14
Sales Prices
฿3.52M - ฿13.1M
▲ 0.2% overpriced
Monthly Rentals
฿70.5K
Year Built
Jun 2015
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
1060
Sales Prices
฿1.5M - ฿4.02M
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฿6.04K
Year Built
Jan 2022
Completion Status
Completed
Project Name
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Location
Nong Prue, Pattaya, Chon Buri
Number of units
465
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฿11.1K - ฿43.3K
Year Built
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Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
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฿2.18M - ฿8.22M
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N/A
Year Built
Dec 2021
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
146
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Year Built
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Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
788
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฿16.1K - ฿20.1K
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Project Name
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Location
Nong Prue, Pattaya, Chon Buri
Number of units
538
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฿2.01M
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N/A
Year Built
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Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
639
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Number of units
228
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Completion Status
Completed
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