Siam Ocean View

4.92 (2 Reviews)

Nong Prue, Pattaya, Chon Buri

Unit ID: U1060114
6% Rental Yield
฿7,000,000
Bedroom
2 Bedrooms
Bathroom
2 Bathrooms
Indoor Area
96 SqM Size
Floors
3 Floor
Construction
Jun 2008 Completed

About This Condo

This property is a 96 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Siam Ocean View project in Nong Prue, Pattaya and was completed in Jun 2008. You can buy this condo for a base price of ฿7,000,000 (฿72,917/SqM).

Siam Royal Ocean View is a new 7-story luxury condominium with only 25 units. Developed and built by the same group that gave you Siam Ocean View this project is located on Pratamnak Hill between Pattaya and Jomtien. All 25 units come with high European standard fixtures and fittings and have large balconies with great views. Viewing is highly recommended.

Basic Information

Property Type Condo
Floor 3
Bedrooms 2
Size 96 SqM
Price per SqM ฿72,917
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
N/A
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.
฿3,840/mo
Listed By
Broker Network
Date Listed Feb 14, 2022
Last Updated 3 months ago
Unit ID U1060114

Investment Opportunity: Charges & Yield

Sale Price
฿7,000,000
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.
฿3,840/mo
Est. Rent
฿32,400/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.
18
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 Siam Ocean View, and the current sales price.
6%

Project Details

Project Name: Siam Ocean View
Developer: N/A
Construction: Completed (Jun 2008)
Floors: 7
Buildings: N/A
Units: 43
Project Area: N/A
Nearest Landmark Pratumnak Beach - 1.1 Km
Location: Nong Prue, Pattaya, Chon Buri
Siam Ocean View Project Details

Available Units at Siam Ocean View

For Sale 3 For Rent 2
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Frequently Asked Questions

The common area maintenance fee is ฿40 per square meter based on the size of indoor area of the property and is ฿3,840 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.
Pratumnak Beach is the nearest Beach from Siam Ocean View 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 Siam 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

4.9 out of 5 4.92
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
I'm staying here.
5 Gerard Stuard, United States, 4 years ago
I'm staying here. It's a project with a good atmosphere. The common area is clean. What I like the most is the rooftop swimming pool with sun loungers, overlooking a view of the beach and sunset. It's so charming. My one-bedroom unit is very spacious, located on the 3rd floor. The furniture inside the room is excellent and functional. The monthly rental fee is reasonable. Most importantly, it is close to Dongtarn Beach, Jomtien Beach, Pattaya Beach, and other famous places. I have been renting a motorbike to ride around as well.
I like the modern design
4.8 Gina Leng, China, 4 years ago
I like the modern design of this project. The condo was completed a long time ago, but it doesn't look outdated at all. It's unbelievable that it was completed in 2008. The pool is clean with sunbeds along the side. There are two room types available from 1 to 2 bedrooms. They are spacious living spaces and furnished with fine furniture. It's modern and splendid. Plus, you can easily access many places. You can walk to Dongtan Beach, Jomtien beach, and the walking street, really convenient!

Pattaya

Nong Prue

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