Water Park

3.17 (1 Review)

Nong Prue, Pattaya, Chon Buri

Unit ID: U775274
12% Rental Yield
฿3,800,000 Great Price
Bedroom
2 Bedrooms
Bathroom
2 Bathrooms
Indoor Area
75 SqM Size
Floors
5 Floor
Construction
May 2015 Completed

About This Condo

This property is a 75 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Water Park project in Nong Prue, Pattaya and was completed in May 2015. You can buy this condo for a base price of ฿3,800,000 (฿50,667/SqM).

very good place

Not far from beach

Features

Pool AccessPool Access Rooftop TerraceRooftop Terrace Covered ParkingCovered Parking BalconyBalcony Outdoor ShowersOutdoor Showers

Basic Information

Property Type Condo
Floor 5
Bedrooms 2
Size 75 SqM
Price per SqM ฿50,667
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
A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
Fully Furnished
View(s) Mountain View, Pool View, Garden View, Unblocked Open View
Unit Type N/A
Building Water Park
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.
฿3,000/mo
Listed By
Private Owner
Date Listed Apr 11, 2021
Last Updated 4 months ago
Unit ID U775274

3D Walkthrough

Price Analysis

Great Price
Estimated market value ฿4,196,580
Great
฿3,790,000
Good
Fair
Above
฿4,430,000
Current asking Price: ฿3,800,000 | Rental estimate: ฿39,000/mo
This condo is ฿396,580 BELOW MARKET (-9%) 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
฿3,800,000
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.
฿3,000/mo
Est. Rent
฿39,000/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.
8
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 Water Park, and the current sales price.
12%

Project Details

Project Name: Water Park
Construction: Completed (May 2015)
Floors: 8
Buildings: 1
Units: 210
Project Area: 2,300 SqM
Nearest Landmark Pratumnak Beach - 0.9 Km
Location: Nong Prue, Pattaya, Chon Buri
Water Park 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
Steam Room Steam Room
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Communal Garden Area Communal Garden Area
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Water Park

  • Communal Pool
    Ground Floor
  • Outdoor Kids Zone
    Rooftop
  • Communal Gym
    Rooftop
  • Communal Pool
    Rooftop

Available Units at Water Park

For Sale 7 For Rent 1
Get notified when new homes are being added to Water Park

Loan Calculator

Frequently Asked Questions

No pets are allowed at Water Park 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 ฿40 per square meter based on the size of indoor area of the property and is ฿3,000 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 Water Park the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Pratumnak Beach is the nearest Beach from Water Park and it is 0.9 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 Water Park 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

3.2 out of 5 3.17
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
There is a swimming pool for our relaxing at the rooftop.
3.2 Sona Man, Spain, 2 years ago
The condo here has only 8 floors, but the building is quite large and spacious. The deck area can sit and admire the scenery and see the beautiful beach view. There is a swimming pool and a playground for our relaxing holidays. There is also a fitness center and a sauna. I think the parking lot is quite limited and a bit too narrow. However, I really like it. It provides a good security system. Travel easily and quickly-only 2 kilometers from Phra Tamnak Hill. You can also get to various places as the condo here is close to Jomtien Beach and Pattaya Walking Street.
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

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Projects Nearby Water Park

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Project Name
Location
Number of units
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Project Name
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Number of units
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฿1.7M - ฿43.7M
▼ -32% underpriced
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Nong Prue, Pattaya, Chon Buri
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Completed
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219
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Jun 2021
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▲ 3% overpriced
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Completed
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Nong Prue, Pattaya, Chon Buri
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Completed
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Number of units
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