Supalai Mare Pattaya

4.17 (1 Review)

Nong Prue, Pattaya, Chon Buri

Unit ID: U628340
6% Rental Yield
Sold
Bedroom
2 Bedrooms
Bathroom
2 Bathrooms
Indoor Area
72 SqM Size
Floors
3 Floor
Construction
Oct 2016 Completed

2 Bedroom Condo for sale at Supalai Mare Pattaya

This property is a 72 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Supalai Mare Pattaya project in Nong Prue, Pattaya and was completed in Oct 2016. You can buy this condo for a base price of ฿3,850,000 (฿53,472/SqM).

Modern corner unit 2-bedroom/2-bath with 3 balconies

Modern designed corner unit for sale in Supalai Mare Pattaya. This 72 sq.m 2-bedroom/2-bath unit located on the 3rd floor and comes fully furnished (no appliances). Unit also includes 12 sq.m permanent parking space. Brand new unit, nobody lived in before. Great location on Thepprasit road with easy access to Jomtien, Pratumnak and Sukhumvit road.

Features

Private GymPrivate Gym Private PoolPrivate Pool Covered ParkingCovered Parking Corner UnitCorner Unit

Basic Information

Property Type Condo
Floor 3
Bedrooms 2
Size 72 SqM
Price per SqM ฿53,472
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
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly 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.
฿2,160/mo
Listed By
Each listing provided by partnered agents is individually verified by BangkokPost. Partner Agents work for different brokerages or property management companies but have teamed up with BangkokPost so that we can provide you a wider choice of properties
Agent / Partner
Date Listed Jul 29, 2020
Last Updated 1 year ago
Unit ID U628340

Price Analysis

Above Average
Estimated market value ฿3,228,114
Great
฿1,820,000
Good
Fair
Above
฿1,900,000
Current asking Price: ฿3,850,000 | Rental estimate: ฿18,900/mo
This condo is ฿621,886 ABOVE MARKET (19%) 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

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.
฿2,160/mo
Est. Rent
฿18,900/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.
17
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 Supalai Mare Pattaya, and the current sales price.
6%

Project Details

Project Name: Supalai Mare Pattaya
Developer: Supalai
Construction: Completed (Oct 2016)
Floors: 35
Buildings: 3
Units: 1154
Project Area: 11,972 SqM
Nearest Landmark Dong Tarn Beach - 1.4 Km
Location: Nong Prue, Pattaya, Chon Buri
Supalai Mare Pattaya Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Lounge Lounge
Communal Garden Area Communal Garden Area
Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
Attached Market / Shops Attached Market / Shops
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Supalai Mare Pattaya

  • Communal Pool
    2nd Floor
  • Communal Gym
    1st Floor
  • Lounge
    Rooftop
  • Communal Garden Area
    2nd Floor
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Frequently asked questions

No pets are allowed at Supalai Mare Pattaya 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 ฿30 per square meter based on the size of indoor area of the property and is ฿2,160 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.
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 Supalai Mare Pattaya the required payment for the sinking fund is ฿300 per square meter based on the size of the indoor area of the property.
Dong Tarn Beach is the nearest Beach from Supalai Mare Pattaya and it is 1.4 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 Supalai Mare Pattaya 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

4.2 out of 5 4.17
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Good location, near many restaurants
4.2 Supachai T., Thailand, 2 years ago
The condominium is located next to the main road in the fertile community. There are many places near the project, such as fruit markets, restaurants, and a cabaret show. The on-site includes more than 20 retail shops, considered as complete and extremely comfortable. The common areas cover all ages of the residents, such as a swimming pool, saltwater pool, fitness center, conference room, and a large rooftop garden. My wife and I love to sit and relax, commune with the Pattaya views at night, which is very romantic. My room is 45 square meters. The space inside the room is well-proportioned. The furniture provided is from the SB design brand, which is the general standard quality. My room is on the 30th floor offering a stunning view of Pattaya Beach. It is an open view, beautiful and impressive. The project has a large number of units, but the allocation of space is quite good. The only disadvantage is the parking lot, which was given in the middle quantity. Some days I have a chance to park in the parking lot or double parking outside. Anyway, the security guard takes good care of safety and the convenience of getting in and out of the car.

Pattaya

Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

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