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    1 Bedroom Condo for sale at Neo Condo
    Nong Prue, Pattaya, Chon Buri
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    Sale Price
    £79,700
    Schedule Viewing

    1 Bedroom Condo for sale at Neo Condo

    (1 Review)
    Nong Prue, Pattaya, Chon Buri
    Unit ID: U483604
    9% Rental Yield
    1 Bedroom
    1 Bathroom
    50 SqM Size
    5 Floor
    May 2011 Completed
    (1 Review)
    Sale Price
    £79,700
    43

    About This Condo

    This property is a 50 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Nong Prue, Pattaya and was completed in May 2011. You can buy this condo for a base price of £79,700 (£1,590/SqM) and it is also available for long term rentals starting from £570 per month.

    One-Bedroom Apartment + Living Room

    New 8-story NEOcondo @ PATTAYA Condominium 50 meters from the sea and Dongtan Beach 7 - 10 minutes by shuttle bus to the center of Pattaya and Volkin Street near the hotel Jomtien Palm Beach The condominium has a separate access to the sea and Jomtien beach. In the complex and infrastructure: 2 pools + 2 children's pools Restaurants Cafe Massage Salons The shops Free parking Beauty saloon SPA center Speed ​​boat rental Motorbike rental Car rent Bicycle rent 24 hours security Wifi internet Apartments - 507 (50 sq.m.) Side sea view Accommodation is possible 3 people AUTHOR DESIGN 1 toilet / bathroom 2 air conditioners 2 TVs (plasma panel) Music Center Electronic safe Cable TV 1 Separate bedroom with a large bed (soft mattress) Hall - living room with pull-out single sofa bed Balcony Fully equipped kitchen Washer Ironing board Iron Hair dryer Wardrobe Shower towels Beach towels Linens Clothes dryer Included in cost: Minibar with soft drinks upon arrival Thai wine upon arrival Thai beer upon arrival Coffee, tea upon arrival Juice in assortment upon arrival Cookies, rolls in assortment upon arrival Toiletries upon check-in Cable TV, Internet (individual modem) Separately paid: Electricity - 5 Baht for 1 unit Water - 750 THB per month Cleaning and laundry after departure - 1,500 THB

    Features

    BeachfrontBeachfront Beach AccessBeach Access Pool AccessPool Access Private GardenPrivate Garden Garden AccessGarden Access TerraceTerrace Covered ParkingCovered Parking Wifi IncludedWifi Included Outdoor ShowersOutdoor Showers Washing MachineWashing Machine MicrowaveMicrowave TVTV Cable TVCable TV

    Basic Information

    Date Listed Apr 28, 2020
    Updated 3 months ago
    Property Type Condo
    Floor 5
    Bedroom 1
    Size 50 SqM
    Price per SqM £1,590
    Pets Not Allowed
    Condo Ownership

    Foreign nationals can own condominium units as freehold owners in buildings where no 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 it 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) Partial Sea View
    Unit Type N/A
    Building Building 2
    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.
    £34/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U483604

    Investment Opportunity: Charges & Yield

    Sale Price
    £79,700
    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.
    £34/mo
    Rent
    £570/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.
    12
    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.
    9%

    Project Details

    Project Name: Neo Condo
    Developer: Neo Condo Pattaya
    Construction: Completed (May 2011)
    Floors: 8
    Buildings: 2
    Units: 126
    Project Area: 4,796 SqM
    Nearest Landmark Dong Tarn Beach - 0.1 Km
    Location: Nong Prue, Pattaya
    Neo Condo Project Details

    Project Features

    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
    Communal Garden Area Communal Garden Area
    Key card access Key card access

    Popular Facilities at Neo Condo

    • All
    • Leisure
    3
    • Communal Pool
      Ground Floor

    Available Units at Neo Condo

    For Sale 9 For Rent 14
    • All
    • Studio
    • 1 Bed
    Get notified when new homes are being added to Neo Condo
    View All (9)

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    Frequently Asked Questions

    No pets are allowed at Neo Condo 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 £1 per square meter based on the size of indoor area of the property and is £34 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.
    Dong Tarn Beach is the nearest Beach from Neo Condo 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 Neo Condo 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

    Reviews

    4 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Nice condo near the beach and surrounded by delicious restaurants
    Carlyn Ketterer, Australia, 6 years ago
    Very nice place. Just a few minutes from the sea and the beach, it can be reached in every way. It's near many amenities such as massage shops, restaurants, convenience stores on the opposite side of the project. The condo provides everything I need, such as a nice clean swimming pool, the fitness is also standard, and the security system is good as well. The room that I rented (Studio) is a well-decorated, beautiful, comfortable, spacious room suitable for living alone. If anyone who wants to relax here with the family should choose a larger size than mine. I am satisfied with staying at Neo Condo. It is a great condo in the ​​Jomtien Beach area, Pattaya. I have good memories of staying at the Neo Condo. Next time, I will come back to take the services at Neo Condo again.
    Pattaya
    Nong Prue

    Neighborhood Overview

    Location and Neighborhood

    Street View

    Projects Nearby Neo Condo

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    Monthly Rentals
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    Location
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    Number of units
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    Sales Prices
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    Monthly Rentals
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    Location
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    Monthly Rentals
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    View Talay Residence 4
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    Number of units
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    Sales Prices
    £67K - £102K
    ▼ -18% underpriced
    Monthly Rentals
    £409 - £636
    Year Built
    Oct 2010
    Completion Status
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    Project Name
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    Location
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    Number of units
    162
    Sales Prices
    £54.5K - £56.8K
    Monthly Rentals
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    Year Built
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    Completion Status
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    View Talay 5
    SKYPARK Lucean Jomtien Pattaya
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