Laguna Bay 2

3.83 (1 Review)

Nong Prue, Pattaya, Chon Buri

Unit ID: U28699
8% Rental Yield
฿1,399,000 Great Price
Bedroom
Studio Bedroom
Bathroom
1 Bathroom
Indoor Area
25 SqM Size
Floors
6 Floor
Construction
Dec 2015 Completed

Studio Condo for sale at Laguna Bay 2

This property is a 25 SqM studio condo with 1 bathroom that is available for sale. It is part of the Laguna Bay 2 project in Nong Prue, Pattaya and was completed in Dec 2015. You can buy this condo for a base price of ฿1,399,000 (฿55,960/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 6
Bedroom Studio
Size 25 SqM
Price per SqM ฿55,960
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%.

N/A
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.
฿1,000/mo
Listed By
Developer
Date Listed Jun 28, 2017
Last Updated 6 months ago
Unit ID U28699

Price Analysis

Great Price
Estimated market value ฿1,613,846
Great
฿1,330,000
Good
Fair
Above
฿1,790,000
Current asking Price: ฿1,399,000 | Rental estimate: ฿9,640/mo
This condo is ฿214,846 BELOW MARKET (-13%) 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
฿1,399,000
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.
฿1,000/mo
Est. Rent
฿9,640/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.
12
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 studio condos at Laguna Bay 2, and the current sales price.
8%

Project Details

Project Name: Laguna Bay 2
Construction: Completed (Dec 2015)
Floors: 8
Buildings: 1
Units: 156
Project Area: 1,600 SqM
Nearest Landmark Dong Tarn Beach - 0.5 Km
Location: Nong Prue, Pattaya, Chon Buri
Laguna Bay 2 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

Popular Facilities at Laguna Bay 2

  • Reception / Lobby Area
    Ground Floor
  • Communal Pool
    4th Floor
  • Communal Pool
    Rooftop
  • Communal Gym
    Rooftop

Available Units at Laguna Bay 2

For Sale 12 For Rent 5
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Available Units at Laguna Bay 2
฿35,687
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Beds 1 Beds
Baths 1 Baths
Size 36.40 SqM Size
Floor 1 Floor
Foreign Quota Unfurnished
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Baths 1 Baths
Size 26 SqM Size
Floor 7 Floor
Fully Furnished Partial Sea View
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Available Units at Laguna Bay 2
฿44,000
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Beds Studio Beds
Baths 1 Baths
Size 25 SqM Size
Floor 7 Floor
Company Fully Furnished Partial Sea View
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Available Units at Laguna Bay 2
฿38,009
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Beds 1 Beds
Baths 1 Baths
Size 36.57 SqM Size
Floor 5 Floor
Thai Quota Fully Furnished Sea View
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Available Units at Laguna Bay 2
฿47,027
Beds 1 Beds
Baths 1 Baths
Size 37 SqM Size
Floor 4 Floor
Foreign Quota Fully Furnished Pool View
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Available Units at Laguna Bay 2
฿54,054
Great Price
Beds 1 Beds
Baths 1 Baths
Size 37 SqM Size
Floor 8 Floor
Foreign Quota Fully Furnished Pool View
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Available Units at Laguna Bay 2
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Beds Studio Beds
Baths 1 Baths
Size 26 SqM Size
Floor 3 Floor
Fully Furnished
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Available Units at Laguna Bay 2
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Beds Studio Beds
Baths 1 Baths
Size 26 SqM Size
Floor 2 Floor
Fully Furnished Garden View
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Available Units at Laguna Bay 2
฿52,083
Beds 1 Beds
Baths 1 Baths
Size 48 SqM Size
Floor 7 Floor
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Available Units at Laguna Bay 2
฿53,784
Great Price
Beds 1 Beds
Baths 1 Baths
Size 37 SqM Size
Floor 8 Floor
Fully Furnished Park View
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Available Units at Laguna Bay 2
฿49,808
Beds 1 Beds
Baths 1 Baths
Size 39 SqM Size
Floor 8 Floor
Partly Furnished Pool View
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Available Units at Laguna Bay 2
฿34,014
Beds 1 Beds
Baths 1 Baths
Size 38.19 SqM Size
Floor Ground Floor Floor
Thai Quota Built In Pool View
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Available Units at Laguna Bay 2
฿63,302
Beds Studio Beds
Baths 1 Baths
Size 25.26 SqM Size
Floor 7 Floor
Foreign Quota Fully Furnished Sea View
Favorite
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Available Units at Laguna Bay 2
฿55,960
Great Price
Beds Studio Beds
Baths 1 Baths
Size 25 SqM Size
Floor 6 Floor
Fully Furnished Sea View
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Available Units at Laguna Bay 2
฿44,615
Beds Studio Beds
Baths 0 Baths
Size 26 SqM Size
Floor 3 Floor
Foreign Quota Fully Furnished City View
Get notified when new homes are being added to Laguna Bay 2

Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
50,000%
1st Installment
Upon contract signing
20%
2nd Installment
On handover
80%

Frequently asked questions

No pets are allowed at Laguna Bay 2 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 ฿1,000 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 Laguna Bay 2 the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Dong Tarn Beach is the nearest Beach from Laguna Bay 2 and it is 0.5 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 Laguna Bay 2 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
Upon contract signing
20%
2nd Installment
On handover
80%

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

3.8 out of 5 3.83
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Good location, beautiful view on Pratumnak Hill
3.8 Krysten Latour, Sweden, 2 years ago
I've rented this condo for 1 month and have a vacation with my girlfriend. The room I rented is a fully furnished studio room. There is a small kitchen area for cooking. Also, there is common wifi, 2 large pools, a sauna, and a steam room provided. It's called the best facilities ever. The guards and receptionists also serve us excellent services. Very impressed! The project atmosphere is tranquil suitable for relaxation. It is located close to Pratumnak Beach, just a few steps walking. There are many delicious restaurants nearby. The neighbors are lovely, and the surroundings are safe, making our vacation time very impressive!

Pattaya

Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

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