The Residence Jomtien Beach

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Nong Prue, Pattaya, Chon Buri

Unit ID: U23809
7% Rental Yield
฿1,800,000 ฿2,290,000 Great Price
Bedroom
Studio Bedroom
Bathroom
1 Bathroom
Indoor Area
51.30 SqM Size
Floors
4 Floor
Construction
Nov 2007 Completed

Studio Condo for sale at The Residence Jomtien Beach

This property is a 51.30 SqM studio condo with 1 bathroom that is available for sale. It is part of the The Residence Jomtien Beach project in Nong Prue, Pattaya and was completed in Nov 2007. You can buy this condo for a base price of ฿1,800,000 (฿35,088/SqM) and it is also available for long term rentals starting from ฿10,000 per month.

Features

BalconyBalcony MicrowaveMicrowave TVTV

Basic Information

Property Type Condo
Floor 4
Bedroom Studio
Size 51.30 SqM
Price per SqM ฿35,088
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) Park 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.
฿2,052/mo
Listed By
Private Owner
Date Listed Feb 4, 2017
Last Updated 1 year ago
Unit ID U23809

Price Analysis

Great Price
Estimated market value ฿2,139,933
Great
฿1,700,000
Good
Fair
Above
฿2,730,000
Current asking Price: ฿1,800,000 | Advertised rental rate: ฿10,000/mo
This condo is ฿339,933 BELOW MARKET (-16%) 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
฿1,800,000
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.
฿2,052/mo
Rent
฿10,000/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.
15
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.
7%

Project Details

Developer: N/A
Construction: Completed (Nov 2007)
Floors: 7
Buildings: N/A
Units: 68
Project Area: N/A
Nearest Landmark Jomtien Beach North - 1.3 Km
Location: Nong Prue, Pattaya, Chon Buri
The Residence Jomtien Beach 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
Reception / Lobby Area Reception / Lobby Area
Communal Garden Area Communal Garden Area
Key card access Key card access

Available Units at The Residence Jomtien Beach

For Sale 14 For Rent 8
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Available Units at The Residence Jomtien Beach
฿35,088
Great Price
Beds Studio Beds
Baths 1 Baths
Size 51.30 SqM Size
Floor 3 Floor
Thai Quota Fully Furnished Sea View
Favorite
Compare
Available Units at The Residence Jomtien Beach
฿36,346
Great Price
Beds Studio Beds
Baths 1 Baths
Size 52 SqM Size
Floor 7 Floor
Foreign Quota Fully Furnished Park View
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Available Units at The Residence Jomtien Beach
฿35,294
Great Price
Beds Studio Beds
Baths 1 Baths
Size 51 SqM Size
Floor 3 Floor
Thai Quota Fully Furnished City View
Favorite
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Available Units at The Residence Jomtien Beach
฿35,088
Great Price
Beds Studio Beds
Baths 1 Baths
Size 51.30 SqM Size
Floor 6 Floor
Thai Quota Fully Furnished City View
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Compare
Available Units at The Residence Jomtien Beach
฿44,639
Good Price
Beds 1 Beds
Baths 1 Baths
Size 51.30 SqM Size
Floor 2 Floor
Fully Furnished Park View
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Available Units at The Residence Jomtien Beach
฿46,600
Beds 3 Beds
Baths 3 Baths
Size 150 SqM Size
Floor 5 Floor
Thai Quota Fully Furnished City View
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Available Units at The Residence Jomtien Beach
฿41,667
Beds 3 Beds
Baths 3 Baths
Size 150 SqM Size
Floor 3 Floor
Foreign Quota Fully Furnished Park View
Favorite
Compare
Available Units at The Residence Jomtien Beach
฿37,282
Good Price
Beds 1 Beds
Baths 4 Baths
Size 80.20 SqM Size
Floor 4 Floor
Thai Quota Fully Furnished City View
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Available Units at The Residence Jomtien Beach
฿51,500
Beds Studio Beds
Baths 1 Baths
Size 51.50 SqM Size
Floor 2 Floor
Foreign Quota Fully Furnished Pool View
Favorite
Compare
Available Units at The Residence Jomtien Beach
฿35,088
Great Price
Beds Studio Beds
Baths 1 Baths
Size 51.30 SqM Size
Floor 4 Floor
Thai Quota Fully Furnished Park View
Favorite
Compare
Available Units at The Residence Jomtien Beach
฿35,088
Great Price
Beds 1 Beds
Baths 1 Baths
Size 51.30 SqM Size
Floor 2 Floor
Thai Quota Fully Furnished Park View
Favorite
Compare
Available Units at The Residence Jomtien Beach
฿37,282
Good Price
Beds 1 Beds
Baths 2 Baths
Size 80.20 SqM Size
Floor 2 Floor
Thai Quota Fully Furnished Park View
Favorite
Compare
Available Units at The Residence Jomtien Beach
฿44,639
Beds Studio Beds
Baths 1 Baths
Size 51.30 SqM Size
Floor 6 Floor
Fully Furnished Pool View
Favorite
Compare
Available Units at The Residence Jomtien Beach
฿37,375
Good Price
Beds 1 Beds
Baths 2 Baths
Size 80 SqM Size
Floor 3 Floor
Fully Furnished City View
Get notified when new homes are being added to The Residence Jomtien Beach

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Frequently asked questions

The common area maintenance fee is ฿40 per square meter based on the size of indoor area of the property and is ฿2,052 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.
Jomtien Beach North is the nearest Beach from The Residence Jomtien Beach 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 Residence Jomtien Beach 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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