The Riviera Jomtien

4 (1 Review)

Nong Prue, Pattaya, Chon Buri

Unit ID: U226271
4% Rental Yield
฿6,650,000
Bedroom
2 Bedrooms
Bathroom
2 Bathrooms
Indoor Area
58 SqM Size
Floors
19 Floor
Construction
Jun 2019 Completed

2 Bedroom Condo for sale at The Riviera Jomtien

This property is a 58 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the The Riviera Jomtien project in Nong Prue, Pattaya and was completed in Jun 2019. You can buy this condo for a base price of ฿6,650,000 (฿114,655/SqM) and it is also available for long term rentals starting from ฿20,000 per month.

Features

BalconyBalcony OvenOven

Basic Information

Property Type Condo
Floor 19
Bedrooms 2
Size 58 SqM
Price per SqM ฿114,655
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
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) Sea 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.
฿2,900/mo
Listed By
Private Owner
Date Listed Nov 7, 2019
Last Updated 1 year ago
Unit ID U226271

Price Analysis

Fair Price
Estimated market value ฿6,390,295
Great
฿3,290,000
Good
Fair
Above
฿3,370,000
Current asking Price: ฿6,650,000 | Advertised rental rate: ฿20,000/mo
This condo is ฿259,705 ABOVE MARKET (4%) 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
฿6,650,000
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.
฿2,900/mo
Rent
฿20,000/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.
28
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
4%

Project Details

Project Name: The Riviera Jomtien
Developer: The Riviera Group
Construction: Completed (Jun 2019)
Floors: 46
Buildings: 1
Units: 1095
Project Area: 40,248 SqM
Nearest Landmark Jomtien Beach South - 1.5 Km
Location: Nong Prue, Pattaya, Chon Buri
The Riviera Jomtien Project Details

Project Features

Hotel Managed Hotel Managed
Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Direct Beach Access Direct Beach Access
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area

Popular Facilities at The Riviera Jomtien

  • Reception / Lobby Area
    Ground Floor
  • Communal Pool
    Ground Floor
  • Communal Garden Area
    Ground Floor
  • Communal Garden Area
    4th Floor
  • Communal Pool
    4th Floor
  • Indoor Games Room
    4th Floor
  • Communal Pool
    37th Floor
  • Lounge
    42nd Floor
  • Communal Pool
    42nd Floor
  • Communal Gym
    42nd Floor

Available Units at The Riviera Jomtien

For Sale 32 For Rent 4
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Available Units at The Riviera Jomtien
฿119,992
Great Price
Beds Studio Beds
Baths 1 Baths
Size 26.36 SqM Size
Floor 37 Floor
Foreign Quota Partly Furnished Sea View
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Available Units at The Riviera Jomtien
฿114,015
Beds 1 Beds
Baths 1 Baths
Size 47.45 SqM Size
Floor 37 Floor
Foreign Quota Partly Furnished Sea View
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Available Units at The Riviera Jomtien
฿105,000
Great Price
Beds Studio Beds
Baths 1 Baths
Size 27 SqM Size
Floor 17 Floor
Unfurnished Sea View
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Available Units at The Riviera Jomtien
฿140,000
Beds 1 Beds
Baths 1 Baths
Size 34.90 SqM Size
Floor 24 Floor
Thai Quota Fully Furnished Sea View
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Available Units at The Riviera Jomtien
฿113,429
Great Price
Beds 1 Beds
Baths 1 Baths
Size 35 SqM Size
Floor 17 Floor
Foreign Quota Fully Furnished Sea View
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Available Units at The Riviera Jomtien
฿102,093
Beds 2 Beds
Baths 2 Baths
Size 86 SqM Size
Floor 15 Floor
Thai Quota Built In Sea View
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Available Units at The Riviera Jomtien
฿105,000
Good Price
Beds 1 Beds
Baths 1 Baths
Size 35 SqM Size
Floor 14 Floor
Foreign Quota Built In Sea View
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Available Units at The Riviera Jomtien
฿99,424
Good Price
Beds 1 Beds
Baths 1 Baths
Size 34.70 SqM Size
Floor 11 Floor
Thai Quota Fully Furnished City View
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Available Units at The Riviera Jomtien
฿99,424
Good Price
Beds 1 Beds
Baths 1 Baths
Size 34.70 SqM Size
Floor 11 Floor
Thai Quota Fully Furnished City View
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Available Units at The Riviera Jomtien
฿130,769
Great Price
Beds Studio Beds
Baths 1 Baths
Size 26 SqM Size
Floor 37 Floor
Foreign Quota Unfurnished Sea View
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Available Units at The Riviera Jomtien
฿100,571
Beds 1 Beds
Baths 1 Baths
Size 35 SqM Size
Floor 11 Floor
Foreign Quota Fully Furnished Sea View
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Available Units at The Riviera Jomtien
฿88,571
Great Price
Beds 1 Beds
Baths 1 Baths
Size 35 SqM Size
Floor 10 Floor
Fully Furnished Pool View
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Available Units at The Riviera Jomtien
฿106,963
Great Price
Beds Studio Beds
Baths 1 Baths
Size 27 SqM Size
Floor 21 Floor
Unfurnished Sea View
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Available Units at The Riviera Jomtien
฿97,695
Good Price
Beds 1 Beds
Baths 1 Baths
Size 34.70 SqM Size
Floor 8 Floor
Thai Quota Fully Furnished City View
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Available Units at The Riviera Jomtien
฿103,746
Good Price
Beds 1 Beds
Baths 1 Baths
Size 34.70 SqM Size
Floor 19 Floor
Thai Quota Fully Furnished City View
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Available Units at The Riviera Jomtien
฿114,655
Beds 2 Beds
Baths 2 Baths
Size 58 SqM Size
Floor 19 Floor
Thai Quota Partly Furnished Sea View
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Available Units at The Riviera Jomtien
฿107,176
Good Price
Beds 1 Beds
Baths 1 Baths
Size 34.70 SqM Size
Floor 25 Floor
Thai Quota Fully Furnished City View
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Available Units at The Riviera Jomtien
฿115,939
Beds 1 Beds
Baths 1 Baths
Size 49.25 SqM Size
Floor 37 Floor
Foreign Quota Partly Furnished Sea View
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Available Units at The Riviera Jomtien
฿159,900
Good Price
Beds Studio Beds
Baths 1 Baths
Size 22.66 SqM Size
Floor 12 Floor
Thai Quota Fully Furnished Sea View
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Available Units at The Riviera Jomtien
฿103,170
Good Price
Beds 1 Beds
Baths 1 Baths
Size 34.70 SqM Size
Floor 18 Floor
Thai Quota Fully Furnished City View
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Available Units at The Riviera Jomtien
฿103,170
Good Price
Beds 1 Beds
Baths 1 Baths
Size 34.70 SqM Size
Floor 18 Floor
Thai Quota Fully Furnished City View
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Available Units at The Riviera Jomtien
฿106,052
Good Price
Beds 1 Beds
Baths 1 Baths
Size 34.70 SqM Size
Floor 23 Floor
Thai Quota Fully Furnished City View
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Available Units at The Riviera Jomtien
฿160,000
Beds 1 Beds
Baths 1 Baths
Size 47.50 SqM Size
Floor 33 Floor
Foreign Quota Fully Furnished Sea View
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Available Units at The Riviera Jomtien
฿105,143
Great Price
Beds 1 Beds
Baths 1 Baths
Size 35 SqM Size
Floor 18 Floor
Foreign Quota Unfurnished City View
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Available Units at The Riviera Jomtien
฿103,170
Good Price
Beds 1 Beds
Baths 1 Baths
Size 34.70 SqM Size
Floor 18 Floor
Thai Quota Fully Furnished City View
Favorite
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Available Units at The Riviera Jomtien
฿105,950
Good Price
Beds 1 Beds
Baths 1 Baths
Size 35.80 SqM Size
Floor 23 Floor
Thai Quota Fully Furnished City View
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Available Units at The Riviera Jomtien
฿104,825
Good Price
Beds 1 Beds
Baths 1 Baths
Size 34.38 SqM Size
Floor 37 Floor
Partly Furnished City View
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Available Units at The Riviera Jomtien
฿186,350
Beds 2 Beds
Baths 2 Baths
Size 104.75 SqM Size
Floor 31 Floor
Foreign Quota Unfurnished Sea View
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Available Units at The Riviera Jomtien
฿128,669
Good Price
Beds 1 Beds
Baths 1 Baths
Size 34.28 SqM Size
Floor 14 Floor
Thai Quota Fully Furnished City View
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Available Units at The Riviera Jomtien
-
Beds 1 Beds
Baths 1 Baths
Size 35 SqM Size
Floor 12 Floor
Fully Furnished Sea View
Favorite
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Available Units at The Riviera Jomtien
฿108,571
Great Price
Beds 1 Beds
Baths 1 Baths
Size 35 SqM Size
Floor 10 Floor
Foreign Quota Fully Furnished City View
Favorite
Compare
Available Units at The Riviera Jomtien
฿103,746
Good Price
Beds 1 Beds
Baths 1 Baths
Size 34.70 SqM Size
Floor 19 Floor
Thai Quota Fully Furnished City View
Favorite
Compare
Available Units at The Riviera Jomtien
฿106,052
Good Price
Beds 1 Beds
Baths 1 Baths
Size 34.70 SqM Size
Floor 23 Floor
Thai Quota Fully Furnished City View
Get notified when new homes are being added to The Riviera Jomtien

Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
On handover
100%
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
On handover
100%

Frequently asked questions

No pets are allowed at The Riviera Jomtien 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 ฿50 per square meter based on the size of indoor area of the property and is ฿2,900 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 The Riviera Jomtien the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Jomtien Beach South is the nearest Beach from The Riviera Jomtien 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 The Riviera Jomtien 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
฿50,000
1st Installment
On handover
100%
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
On handover
100%

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 The Riviera Jomtien?

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Reviews

4 out of 5 4
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
New condo near Jomtien Beach
4 Cori Fredrick, Japan, 2 years ago
I traveled with my friends in Pattaya and rented a condo for a month because it's a new condo project near Jomtien Beach. It is easily accessible everywhere. We rented a 2-bedroom condo because it's convenient for staying with friends. The room is beautifully decorated and offers a sea view. It is luxuriously decorated and fully furnished. It's suitable for people who love cooking, and we can buy something to cook. We could enjoy having meals together in a comfortable atmosphere. We were very impressed. The on-site features full range facilities, such as a swimming pool, sauna, and a communal gym. It's one of the options for families who have kids because it provides children's area and safety. I want to recommend the one who has a family and is looking for it. It's suitable for kids. Honestly, I was okay here, and it's a good choice to choose it as a vacation place. It's also suitable for sea-lovers!

Pattaya

Nong Prue

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