Markland Condominium

3.83 (1 Review)

Na Kluea, Pattaya, Chon Buri

Unit ID: U690100
5% Rental Yield
฿3,000,000 Great Price
Bedroom
Studio Bedroom
Bathroom
1 Bathroom
Indoor Area
48 SqM Size
Floors
16 Floor
Construction
Apr 1993 Completed

Studio Condo for sale at Markland Condominium

This property is a 48 SqM studio condo with 1 bathroom that is available for sale. It is part of the Markland Condominium project in Na Kluea, Pattaya and was completed in Apr 1993. You can buy this condo for a base price of ฿3,000,000 (฿62,500/SqM).

Features

BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave

Basic Information

Property Type Condo
Floor 16
Bedroom Studio
Size 48 SqM
Price per SqM ฿62,500
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
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, City 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.
฿1,152/mo
Listed By
Private Owner
Date Listed Mar 31, 2021
Last Updated 5 months ago
Unit ID U690100

3D Walkthrough

Price Analysis

Great Price
Estimated market value ฿3,432,031
Great
฿3,070,000
Good
Fair
Above
฿3,970,000
Current asking Price: ฿3,000,000 | Rental estimate: ฿12,000/mo
This condo is ฿432,031 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
฿3,000,000
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.
฿1,152/mo
Est. Rent
฿12,000/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 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 Markland Condominium, and the current sales price.
5%

Project Details

Project Name: Markland Condominium
Developer: Markland Pattaya
Construction: Completed (Apr 1993)
Floors: 27
Buildings: 1
Units: 350
Project Area: 2,400 SqM
Nearest Landmark North Pattaya Beach - 0.1 Km
Location: Na Kluea, Pattaya, Chon Buri
Markland Condominium Project Details

Project Features

Hotel Managed Hotel Managed
On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Communal Garden Area Communal Garden Area
Attached Market / Shops Attached Market / Shops
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Markland Condominium

  • Reception / Lobby Area
    Ground Floor
  • Communal Pool
    4th Floor
  • Communal Gym
    3rd Floor
  • Attached Market / Shops
    Ground Floor

Loan Calculator

Frequently asked questions

No pets are allowed at Markland Condominium 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 ฿24 per square meter based on the size of indoor area of the property and is ฿1,152 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.
North Pattaya Beach is the nearest Beach from Markland Condominium and it is 0.1 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 Markland Condominium 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

3.8 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
Condominium in modern tropical style
3.8 Louis Boucher, France, 7 years ago
The condo is near Pattaya Klang Beach, surrounded by shops, food places, bars, and shopping malls such as Terminal 21 and Central Center. The condo is in tropical style, and the rooms available from studio types to 2-bedroom types. Every room comes fully furnished with the standard quality so I can save my time from buying furniture. The project has a large number of units so it can be a bit cramped. In rush hour, we might have to be in line for elevators, not a big deal, though. The project also offers basic facilities such as a pool, elevators, a garden, sauna, parking, and a gym. They are aged but functional. The overall is okay, suitable for living.

Pattaya

Na Kluea

Neighborhood Overview

Location and Neighborhood

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Projects Nearby Markland Condominium

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Project Name
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N/A
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