Ramada Pattaya Mountain Bay

4.83 (1 Review)

Nong Prue, Pattaya, Chon Buri

Unit ID: U161023
6% GUAR. RETURN FOR 10 YEARS
฿7,992,270
Bedroom
2 Bedrooms
Bathroom
2 Bathrooms
Indoor Area
67.12 SqM Size
Floors
5 Floor
Construction
Aug 2021 Completed

2 Bedroom Condo for sale at Ramada Pattaya Mountain Bay

This property is a 67.12 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Ramada Pattaya Mountain Bay project in Nong Prue, Pattaya and was completed in Aug 2021. You can buy this condo for a base price of ฿7,992,270 (฿119,074/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 5
Bedrooms 2
Size 67.12 SqM
Price per SqM ฿119,074
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
Unfurnished
View(s) Sea View
Unit Type 2BR
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
Developer
Date Listed Jun 27, 2019
Last Updated 5 months ago
Unit ID U161023

Price Analysis

Fair Price
Estimated market value ฿7,835,519
Great
฿5,630,000
Good
Fair
Above
฿5,970,000
Current asking Price: ฿7,992,270
This condo is ฿156,751 ABOVE MARKET (2%) 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
฿7,992,270
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.
17
Guaranteed Rental Return
6%
Guarantee Duration
10 Years

Project Details

Developer: Jantarapa Co.,Ltd.
Construction: Completed (Aug 2021)
Floors: 22
Buildings: 1
Units: 201
Project Area: 2,400 SqM
Nearest Landmark Pratumnak Beach - 1.1 Km
Location: Nong Prue, Pattaya, Chon Buri
Ramada Pattaya Mountain Bay Project Details

Project Features

Hotel Managed Hotel Managed
Communal Pool Communal Pool
Communal Gym Communal Gym
Bar Bar
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area

Popular Facilities at Ramada Pattaya Mountain Bay

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

Available Units at Ramada Pattaya Mountain Bay

Get notified when new homes are being added to Ramada Pattaya Mountain Bay

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Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
30%
2nd Installment
During Construction
50%
4th Installment
On handover
20%
Installment Milestone Payment

Frequently asked questions

No pets are allowed at Ramada Pattaya Mountain Bay unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
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 Ramada Pattaya Mountain Bay the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Ramada Pattaya Mountain Bay offers a guaranteed rental return of 6% (based on the purchase price of the property) for a duration of 10 Years.
Read more here.
Pratumnak Beach is the nearest Beach from Ramada Pattaya Mountain Bay and it is 1.1 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 Ramada Pattaya Mountain Bay 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
฿100,000
1st Installment
Upon contract signing
30%
2nd Installment
During Construction
50%
4th Installment
On handover
20%
Installment Milestone Payment

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 Ramada Pattaya Mountain Bay ?

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Reviews

4.8 out of 5 4.83
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Very attractive, suitable for investment
4.8 Jaruwijit T., Thailand, 1 year ago
If you are looking for a new investment condo in Pattaya, I think this property is a very interesting place. Ramada Pattaya Mountain Bay is a condominium under Branded Residence, a luxury 5-star hotel chain. As it is hotel-managed and from a famous brand, it helps increase the property's value. There are guaranteed rental returns. The building design and architecture are very outstanding. It can also be a vacation condo, which is a short drive from Bangkok. As for the 1-bedroom duplex, it is a modern design and a corner room. I choose to reserve a higher floor room because it gives different views from the surrounding atmosphere. The condo has many common areas, such as a swimming pool, bar, and mini-golf. When compared to the numbers of the residents, it is a perfect size that covers all ages. In terms of location, this place is great, plentiful, close to tourist attractions. Just a few meters away, you will find 7-Eleven and many restaurants. Currently, I still can't decide whether to live on my own or to rent it out. Wait for the condo to be completed, then let's talk again!

Pattaya

Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

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