Albar Peninsula

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Na Chom Thian, Pattaya, Chon Buri

Unit ID: U649208
6% GUAR. RETURN FOR 10 YEARS
฿1,878,000 Great Price
Bedroom
Studio Bedroom
Bathroom
1 Bathroom
Indoor Area
23.81 SqM Size
Floors
2 Floor
Construction
Jun 2022 Off Plan

Studio Condo for sale at Albar Peninsula

This property is a 23.81 SqM studio condo with 1 bathroom that is available for sale. It is part of the Albar Peninsula project in Na Chom Thian, Pattaya and it is scheduled for completion in Jun 2022. You can buy this condo for a base price of ฿1,878,000 (฿78,874/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 2
Bedroom Studio
Size 23.81 SqM
Price per SqM ฿78,874
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, Thai Quota, Company
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) Pool View
Unit Type STU
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.
฿1,191/mo
Listed By
Developer
Date Listed Dec 24, 2020
Last Updated 9 months ago
Unit ID U649208

Price Analysis

Great Price
Estimated market value ฿1,989,316
Great
฿1,750,000
Good
Fair
Above
฿2,270,000
Current asking Price: ฿1,878,000
This condo is ฿111,316 BELOW MARKET (-6%) 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
฿1,878,000
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.
฿1,191/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
Guaranteed Rental Return
6%
Guarantee Duration
10 Years

Project Details

Project Name: Albar Peninsula
Construction: Off Plan (Jun 2022)
Floors: 8
Buildings: 4
Units: 686
Project Area: 8,844 SqM
Nearest Landmark Ban Amphur Beach - 0.7 Km
Location: Na Chom Thian, Sattahip, Chon Buri
Albar Peninsula Project Details

Project Features

Hotel Managed Hotel Managed
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)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area

Popular Facilities at Albar Peninsula

  • Communal Pool
    Ground Floor

Available Units at Albar Peninsula

Get notified when new homes are being added to Albar Peninsula

Loan Calculator

Payment Plan

Thai Quota
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Upon contract signing
20%
2nd Installment
6 Installment within 24 months after Sign Contract
24%
3rd Installment
On handover
59%
Foreign Quota
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Upon contract signing
30%
2nd Installment
3 ithin 18 months After Sign Contract)
45%
3rd Installment
On handover
25%

Frequently asked questions

No pets are allowed at Albar Peninsula 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 ฿1,191 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 Albar Peninsula the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
Albar Peninsula offers a guaranteed rental return of 6% (based on the purchase price of the property) for a duration of 10 Years.
Read more here.
Ban Amphur Beach is the nearest Beach from Albar Peninsula and it is 0.7 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 you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

Thai Quota
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Upon contract signing
20%
2nd Installment
6 Installment within 24 months after Sign Contract
24%
3rd Installment
On handover
59%
Foreign Quota
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Upon contract signing
30%
2nd Installment
3 ithin 18 months After Sign Contract)
45%
3rd Installment
On handover
25%

Read more here

 

Sure and with travel restrictions this is becoming a more popular option. We have online immersive tours of a large number of properties so you can see all properties from your home. Our experienced team can also conduct a video tour and once you are ready to go ahead with your purchase, either our team or we can recommend lawyer to manage the entire transfer of the property into your name without you physically being 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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