Studio Condo for sale at The Grass

4.17 (1 Review)
Nong Prue, Pattaya, Chon Buri
Unit ID: U73352
6% Rental Yield
฿1,735,000 Great Price
Studio Bedroom
1 Bathroom
26 SqM Size
8 Floor
Jul 2016 Completed

About This Condo

This property is a 26 SqM studio condo with 1 bathroom that is available for sale. It is part of the The Grass project in Nong Prue, Pattaya and was completed in Jul 2016. You can buy this condo for a base price of ฿1,735,000 (฿66,731/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 8
Bedroom Studio
Size 26 SqM
Price per SqM ฿66,731
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%.

Thai 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) Blocked 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.
N/A
Listed By
Private Owner
Date Listed Apr 26, 2018
Last Updated 1 year ago
Unit ID U73352

Price Analysis

Great Price
Estimated market value ฿3,237,288
Great
฿2,460,000
Good
Fair
Above
฿3,330,000
Current asking Price: ฿1,735,000 | Rental estimate: ฿8,970/mo
This condo is ฿1,502,288 BELOW MARKET (-46%) 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.
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Investment Opportunity: Charges & Yield

Sale Price
฿1,735,000
Est. Rent
฿8,970/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.
16
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 The Grass, and the current sales price.
6%

Project Details

Project Name: The Grass
Developer: N/A
Construction: Completed (Jul 2016)
Floors: 8
Buildings: N/A
Units: 664
Project Area: N/A
Nearest Landmark Thepprasit Night Market - 1.3 Km
Location: Nong Prue, Pattaya, Chon Buri
The Grass Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)

Available Units at The Grass

For Sale 3 For Rent 3
Get notified when new homes are being added to The Grass

Loan Calculator

Frequently Asked Questions

Thepprasit Night Market is the nearest Market from The Grass and it is 1.3 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 The Grass 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

4.2 out of 5 4.17
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Nice place, clean and safe
4.2 Panisa M., Thailand, 3 years ago
The price room is affordable. It is located in a good location next to South Pattaya Road. So transportation is quite convenient, easy to travel anywhere. It is also close to motorways, just in front of the project. There are many restaurants around. In terms of room layout, my 1-bedroom is approximately 26 sq.ms, a perfect size for living alone. The room area is functional and divided into the living room, bedroom, and kitchen with storage. Within the project, there are various facilities, such as an outdoor swimming pool, sauna, restaurant, and minimart. It is very convenient to live in either the short or long term. Plus, security makes me feel so safe to live here.
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Grass

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