Siam Oriental Tropical Garden

4.5 (1 Review)

Nong Prue, Pattaya, Chon Buri

Unit ID: U1046176
12% Rental Yield
฿1,050,000 Great Price
Bedroom
Studio Bedroom
Bathroom
1 Bathroom
Indoor Area
25 SqM Size
Floors
2 Floor
Construction
Dec 2015 Completed

Studio Condo for sale at Siam Oriental Tropical Garden

This property is a 25 SqM studio condo with 1 bathroom that is available for sale. It is part of the Siam Oriental Tropical Garden project in Nong Prue, Pattaya and was completed in Dec 2015. You can buy this condo for a base price of ฿1,050,000 (฿42,000/SqM).

Cheap Studio on Pratumnak, Allow Pets

Studio 1 Bathroom 1 Balcony 2nd Floor City View 25 Sq.m. Fully Furnished Thai Company Name Ready to Move in Transfer Taxex 50/50 Chanot Pratumnak Pets Allowed

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 2
Bedroom Studio
Size 25 SqM
Price per SqM ฿42,000
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) City View
Unit Type N/A
Building Building B
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
Each listing provided by partnered agents is individually verified by BangkokPost. Partner Agents work for different brokerages or property management companies but have teamed up with BangkokPost so that we can provide you a wider choice of properties
Agent / Partner
Date Listed Dec 8, 2021
Last Updated 1 month ago
Unit ID U1046176

Price Analysis

Great Price
Estimated market value ฿1,185,890
Great
฿1,050,000
Good
Fair
Above
฿1,190,000
Current asking Price: ฿1,050,000 | Rental estimate: ฿10,800/mo
This condo is ฿135,890 BELOW MARKET (-11%) 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
฿1,050,000
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
฿10,800/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 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 Siam Oriental Tropical Garden, and the current sales price.
12%

Project Details

Construction: Completed (Dec 2015)
Floors: 8
Buildings: 3
Units: 427
Project Area: N/A
Nearest Landmark Yin Yom Beach - 0.7 Km
Location: Nong Prue, Pattaya, Chon Buri
Siam Oriental Tropical Garden 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

Available Units at Siam Oriental Tropical Garden

For Sale 10 For Rent 2
Get notified when new homes are being added to Siam Oriental Tropical Garden

Loan Calculator

Frequently asked questions

No pets are allowed at Siam Oriental Tropical Garden 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 Siam Oriental Tropical Garden the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Yin Yom Beach is the nearest Beach from Siam Oriental Tropical Garden 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 at Siam Oriental Tropical Garden 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
I highly recommend it.
4.5 Eve G., United States, 4 years ago
I've been here for two years and would recommend it to everyone since it's the best project in Pattaya. The rental price is not expensive considering this luxury project. Plus, the staff is great. The only thing that might not be very appealing to people who like privacy is the room's window next to the neighbor's room. The room I stayed in was a one-bedroom unit. The furniture was well decorated, beautiful, and modern. I liked it. The swimming pool here is super nice, big and clean. Dongtan Beach is only a 5-10 minutes walk, and restaurants are easy to find at affordable prices. Everything is convenient, so I highly recommend it.

Pattaya

Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

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Projects Nearby Siam Oriental Tropical Garden

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Year Built
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Location
Number of units
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Location
Pattaya, Chon Buri, Thailand
Number of units
79
Sales Prices
฿1.25M - ฿1.3M
▼ -45% underpriced
Monthly Rentals
N/A
Year Built
Jun 2014
Completion Status
Completed
Project Name
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Pattaya, Chon Buri, Thailand
Number of units
427
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▲ 4.2% overpriced
Monthly Rentals
N/A
Year Built
Dec 2015
Completion Status
Completed
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Pattaya, Chon Buri, Thailand
Number of units
78
Sales Prices
฿1.7M - ฿12.9M
▼ -7.3% underpriced
Monthly Rentals
฿32.5K
Year Built
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▲ 27% overpriced
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