3 Bedroom Condo for sale at Grand Condotel

4.5 (1 Review)
Nong Prue, Pattaya, Chon Buri
Unit ID: U28676
5% Rental Yield
฿10,600,000 ฿13,545,000
3 Bedrooms
3 Bathrooms
165 SqM Size
16 Floor
Nov 1988 Completed

About This Condo

This property is a 165 SqM condo with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Grand Condotel project in Nong Prue, Pattaya and was completed in Nov 1988. You can buy this condo for a base price of ฿10,600,000 (฿64,242/SqM) and it is also available for long term rentals starting from ฿42,000 per month.

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 16
Bedrooms 3
Size 165 SqM
Price per SqM ฿64,242
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) 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.
฿4,290/mo
Listed By
Private Owner
Date Listed Jun 27, 2017
Last Updated 2 years ago
Unit ID U28676

Investment Opportunity: Charges & Yield

Sale Price
฿10,600,000
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.
฿4,290/mo
Rent
฿42,000/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.
21
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.
5%

Project Details

Project Name: Grand Condotel
Developer: N/A
Construction: Completed (Nov 1988)
Floors: 18
Buildings: N/A
Units: 150
Project Area: N/A
Nearest Landmark Dong Tarn Beach
Location: Nong Prue, Pattaya, Chon Buri
Grand Condotel Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Direct Beach Access Direct Beach Access
Reception / Lobby Area Reception / Lobby Area

Available Units at Grand Condotel

For Sale 3 For Rent 4
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Available: Nov 2, 2022 Available Units at Grand Condotel
฿64,242
Beds 3 Beds
Baths 3 Baths
Size 165 SqM Size
Floor 16 Floor
Thai Quota Fully Furnished Sea View
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Available Units at Grand Condotel
-
Beds 2 Beds
Baths 2 Baths
Size 132 SqM Size
Floor 16 Floor
Foreign Quota Fully Furnished Sea View
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Available Units at Grand Condotel
฿81,099
Beds 2 Beds
Baths 1 Baths
Size 99.57 SqM Size
Floor 3 Floor
Foreign Quota Fully Furnished Sea View
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Available Units at Grand Condotel
-
Beds 3 Beds
Baths 4 Baths
Size 247 SqM Size
Floor 4 Floor
Thai Quota Fully Furnished Sea View
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Available Units at Grand Condotel
฿54,386
Beds 2 Beds
Baths 2 Baths
Size 114 SqM Size
Floor 1 Floor
Foreign Quota Fully Furnished City View
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Available Units at Grand Condotel
-
Beds 2 Beds
Baths 2 Baths
Size 132 SqM Size
Floor 10 Floor
Fully Furnished
Get notified when new homes are being added to Grand Condotel

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Frequently Asked Questions

The common area maintenance fee is ฿26 per square meter based on the size of indoor area of the property and is ฿4,290 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 Grand Condotel and it is 0 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 Grand 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

4.5 out of 5 4.5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
An ideal condo for vacation with beautiful scenery, near the beach, which is perfect
4.5 Richard Rodenberg, United States, 6 years ago
At the end of 2015, I visited Thailand with my friends for a new year celebration in Pattaya. We stayed in my friend's room that he bought a long time ago. Upon arrival, I was greeted by the staff at the lobby and had a welcome drink. After that, we went to the room. The moment we stepped into the room, it was just wow! I thought to myself. It is so amazing. The room is a three-bedroom with a balcony, very spacious, and there is a sofa on the balcony for enjoying the beautiful gulf view while having drinks. Oh, by the way !! This condo has been built for a very long time, but it has been maintained very well. The building still looks new, beautiful, not worn down at all. After that, I couldn't wait any longer. After I finished packing my bags, I went straight to the beachfront. It took less than 5 minutes to walk from the lobby to the beach. I walked through a huge swimming pool, separate children's and adult pools. The time I went to stay was during the festival time, there were many people, but the management of the condo was quite good at managing, making it not too busy. On New years' eve, we just enjoyed a couple of drinks on the balcony and enjoyed fireworks. What happened that day still remains in my memory forever. Before checking out, I just asked the staff whether any room is still available. They just gave me the email to contact for more information. I will take the family to stay in this condo for the next time for sure.
Pattaya
Nong Prue

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Projects Nearby Grand Condotel

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Location
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