Novana Residence

4 (1 Review)

Nong Prue, Pattaya, Chon Buri

Unit ID: U41120
13% Rental Yield
฿750,000 Great Price
Bedroom
Studio Bedroom
Bathroom
1 Bathroom
Indoor Area
27 SqM Size
Floors
6 Floor
Construction
May 2012 Completed

Studio Condo for sale at Novana Residence

This property is a 27 SqM studio condo with 1 bathroom that is available for sale. It is part of the Novana Residence project in Nong Prue, Pattaya and was completed in May 2012. You can buy this condo for a base price of ฿750,000 (฿27,778/SqM) and it is also available for long term rentals starting from ฿8,000 per month.

!!PACKAGE SALE!! Thai Company holding 3 units

All three units with the company for TB 3,999,000 only: (no individual sale, only the package) 1x Modern 1 bedroom 47m2 in high standard 'The Cliff Residence' (Check out Listing U668238) on trendy Pratumnak hill, with modern furniture, all amenities (gymn, sauna..), easy walking to Cozy beach. Plenty of restaurants and bars in the neighbourhood. Big swimming pool (50m), quiet surroundings. 2x Comfortable studios 26m2 in 'Novana' (also check out Listing U41119): walking distance to Walking Street, modern furniture, fully fitted, western kitchen etc, large swimming pool, gymn, sauna, laundry room, garden, etc. GET THE ENTIRE COMPANY AND 3 UNITS fully furnished and ready to move in or to rent out; all maintenance fees paid, tax decl. done, no worries with the company. Low costs per director transfer (no land office duties).

Features

Pool AccessPool Access Garden AccessGarden Access Covered ParkingCovered Parking BalconyBalcony Full Western KitchenFull Western Kitchen MicrowaveMicrowave OvenOven TVTV Gardening IncludedGardening Included Pool Cleaning IncludedPool Cleaning Included

Basic Information

Property Type Condo
Floor 6
Bedroom Studio
Size 27 SqM
Price per SqM ฿27,778
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%.

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) Mountain View
Unit Type N/A
Building Novana Residence
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.
฿810/mo
Listed By
Private Owner
Date Listed Nov 21, 2017
Last Updated 1 month ago
Unit ID U41120

3D Walkthrough

Price Analysis

Great Price
Estimated market value ฿1,284,074
Great
฿1,210,000
Good
Fair
Above
฿1,390,000
Current asking Price: ฿750,000 | Advertised rental rate: ฿8,000/mo
This condo is ฿534,074 BELOW MARKET (-42%) 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
฿750,000
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.
฿810/mo
Rent
฿8,000/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. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
13%

Project Details

Project Name: Novana Residence
Developer: Nova Group
Construction: Completed (May 2012)
Floors: 8
Buildings: 1
Units: 259
Project Area: 2,400 SqM
Nearest Landmark South Pattaya Beach - 0.9 Km
Location: Nong Prue, Pattaya, Chon Buri
Novana Residence Project Details

Project Features

Communal Pool Communal Pool
Jacuzzi Jacuzzi
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
Back Up Generators Back Up Generators

Popular Facilities at Novana Residence

  • Reception / Lobby Area
    Ground Floor
  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor

Available Units at Novana Residence

For Sale 6 For Rent 32
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฿73,600
Beds Studio Beds
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Size 25 SqM Size
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฿27,778
Great Price
Beds Studio Beds
Baths 1 Baths
Size 27 SqM Size
Floor 6 Floor
Company Fully Furnished Mountain View
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Size 24 SqM Size
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฿43,159
Beds 1 Beds
Baths 1 Baths
Size 44 SqM Size
Floor 3 Floor
Thai Quota Fully Furnished City View
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฿49,583
Great Price
Beds Studio Beds
Baths 1 Baths
Size 24 SqM Size
Floor 8 Floor
Company Fully Furnished City View
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Beds Studio Beds
Baths 1 Baths
Size 24 SqM Size
Floor 3 Floor
Fully Furnished Pool View
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Available Units at Novana Residence
-
Beds Studio Beds
Baths 1 Baths
Size 24 SqM Size
Floor 6 Floor
Fully Furnished Pool View
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Available Units at Novana Residence
-
Beds Studio Beds
Baths 1 Baths
Size 24 SqM Size
Floor 2 Floor
Fully Furnished Pool View
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Available Units at Novana Residence
-
Beds Studio Beds
Baths 1 Baths
Size 24 SqM Size
Floor 5 Floor
Fully Furnished Pool View
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Available Units at Novana Residence
-
Beds Studio Beds
Baths 1 Baths
Size 24 SqM Size
Floor 5 Floor
Fully Furnished Pool View
Favorite
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Available Units at Novana Residence
-
Beds Studio Beds
Baths 1 Baths
Size 24 SqM Size
Floor 3 Floor
Fully Furnished City View
Favorite
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Available Units at Novana Residence
-
Beds Studio Beds
Baths 1 Baths
Size 24 SqM Size
Floor 2 Floor
Fully Furnished Pool View
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Available Units at Novana Residence
฿50,000
Beds 1 Beds
Baths 1 Baths
Size 46 SqM Size
Floor 2 Floor
Thai Quota Fully Furnished Pool View
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Available Units at Novana Residence
-
Beds Studio Beds
Baths 1 Baths
Size 24 SqM Size
Floor 5 Floor
Fully Furnished City View
Favorite
Compare
Available Units at Novana Residence
-
Beds Studio Beds
Baths 1 Baths
Size 24 SqM Size
Floor 3 Floor
Fully Furnished City View
Favorite
Compare
Available Units at Novana Residence
-
Beds Studio Beds
Baths 1 Baths
Size 24 SqM Size
Floor 1 Floor
Fully Furnished City View
Favorite
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Available Units at Novana Residence
-
Beds Studio Beds
Baths 1 Baths
Size 24 SqM Size
Floor 5 Floor
Fully Furnished Pool View
Favorite
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Available Units at Novana Residence
-
Beds Studio Beds
Baths 1 Baths
Size 24 SqM Size
Floor 6 Floor
Fully Furnished Pool View
Favorite
Compare
Available Units at Novana Residence
-
Beds Studio Beds
Baths 1 Baths
Size 24 SqM Size
Floor 1 Floor
Fully Furnished City View
Favorite
Compare
Available Units at Novana Residence
-
Beds Studio Beds
Baths 1 Baths
Size 24 SqM Size
Floor 3 Floor
Fully Furnished Pool View
Favorite
Compare
Available Units at Novana Residence
-
Beds Studio Beds
Baths 1 Baths
Size 24 SqM Size
Floor 3 Floor
Fully Furnished Pool View
Favorite
Compare
Available Units at Novana Residence
-
Beds Studio Beds
Baths 1 Baths
Size 24 SqM Size
Floor 1 Floor
Fully Furnished City View
Favorite
Compare
Available Units at Novana Residence
-
Beds Studio Beds
Baths 1 Baths
Size 24 SqM Size
Floor 6 Floor
Fully Furnished City View
Favorite
Compare
Available Units at Novana Residence
-
Beds Studio Beds
Baths 1 Baths
Size 24 SqM Size
Floor 6 Floor
Fully Furnished Pool View
Favorite
Compare
Available Units at Novana Residence
-
Beds Studio Beds
Baths 1 Baths
Size 24 SqM Size
Floor 6 Floor
Fully Furnished Pool View
Favorite
Compare
Available Units at Novana Residence
-
Beds Studio Beds
Baths 1 Baths
Size 24 SqM Size
Floor 6 Floor
Fully Furnished Pool View
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Available Units at Novana Residence
฿43,056
Beds 1 Beds
Baths 1 Baths
Size 36 SqM Size
Floor 5 Floor
Foreign Quota Fully Furnished City View
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Available Units at Novana Residence
-
Beds Studio Beds
Baths 1 Baths
Size 24 SqM Size
Floor 1 Floor
Fully Furnished City View
Favorite
Compare
Available Units at Novana Residence
-
Beds Studio Beds
Baths 1 Baths
Size 24 SqM Size
Floor 3 Floor
Fully Furnished Pool View
Favorite
Compare
Available Units at Novana Residence
-
Beds Studio Beds
Baths 1 Baths
Size 24 SqM Size
Floor 2 Floor
Fully Furnished Park View
Get notified when new homes are being added to Novana Residence

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Frequently asked questions

No pets are allowed at Novana Residence 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 ฿30 per square meter based on the size of indoor area of the property and is ฿810 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.
South Pattaya Beach is the nearest Beach from Novana Residence 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 Novana Residence 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 out of 5 4
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Near Pattaya Beach, reasonable price
4 Myong Pearse, South Korea, 1 year ago
My wife and I moved here for 2 years, and I bought a 1 bedroom condo with fully furnished. It's very worthwhile because it is located in a prime location, easily accessible, and close to Pattaya Beach. My room delivers a beautiful pool view and lovely scenery. The room is not damp, and wifi is too slow some days. I want the team to come and have a look at this matter. In general, everything was okay. Facilities are good, and the common areas are clean and pleasant. I love to go to use the facilities very often. I want to say thank you to the team for especially caring about

Pattaya

Nong Prue

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