Star Beach Condotel

3.83 (1 Review)

Nong Prue, Pattaya, Chon Buri

Unit ID: U1059924
7% Rental Yield
฿5,800,000
Bedroom
2 Bedrooms
Bathroom
2 Bathrooms
Indoor Area
101 SqM Size
Floors
11 Floor
Construction
Jun 1992 Completed

About This Condo

This property is a 101 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Star Beach Condotel project in Nong Prue, Pattaya and was completed in Jun 1992. You can buy this condo for a base price of ฿5,800,000 (฿57,426/SqM).

This very nice condo is in a luxury condominium building with an ideal location situated high on the famous Pratumnak Hill, directly between the main beaches of both Jomtien and Pattaya City, far enough away to be in a quiet location with spectacular panoramic sea and Island views. Restaurants and convenience stores (7-Eleven, Family Mart) are just around the corner and it is just a short walk down the hill to the beach. Other attractions include a golf course within easy walking distance. The Condotel is built on a generous two Rai plot of land with the finest materials and plenty of parking space, a large swimming pool, exercise gymnasium, sauna and steam bath. Free Internet WiFi access in communal areas . 24 Hour Security is standard.

Basic Information

Property Type Condo
Floor 11
Bedrooms 2
Size 101 SqM
Price per SqM ฿57,426
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.
฿2,525/mo
Listed By
Broker Network
Date Listed Feb 14, 2022
Last Updated 4 months ago
Unit ID U1059924

Investment Opportunity: Charges & Yield

Sale Price
฿5,800,000
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.
฿2,525/mo
Est. Rent
฿34,100/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 Star Beach Condotel, and the current sales price.
7%

Project Details

Project Name: Star Beach Condotel
Developer: N/A
Construction: Completed (Jun 1992)
Floors: 15
Buildings: N/A
Units: 246
Project Area: N/A
Nearest Landmark Dong Tarn Beach - 1.5 Km
Location: Nong Prue, Pattaya, Chon Buri
Star Beach Condotel 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

Loan Calculator

Frequently Asked Questions

The common area maintenance fee is ฿25 per square meter based on the size of indoor area of the property and is ฿2,525 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.
Dong Tarn Beach is the nearest Beach from Star Beach Condotel and it is 1.5 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 Star Beach Condotel 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

3.8 out of 5 3.83
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Spacious condo in Soi Pratumnak 4
3.8 John Weaver, Australia, 3 years ago
The outside is quite scary due to the structure's size and age since it was built many years ago. Anyway, it meets people who appreciate classic design because it is decorated in a retro 90's style. The neighborhood is peaceful, and there aren't many people living here. The majority of the residents are foreigners. However, the view from the balcony is the strong selling point because it is so stunning, overlooking both Phra Tamnak Mountain (Khao Phra Phutthabat) and the sea views from the rooftop. Looking out from the deck where the pool is located, it's more beautiful than I can describe. The staff also provides good service and is friendly.
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

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