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    2 Bedroom Condo for sale at Laguna Bay 1
    Nong Prue, Pattaya, Chon Buri
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    Sale Price
    £84,800
    Schedule Viewing

    2 Bedroom Condo for sale at Laguna Bay 1

    (1 Review)
    Nong Prue, Pattaya, Chon Buri
    Unit ID: U1961423
    6% Rental Yield
    2 Bedrooms
    2 Bathrooms
    61 SqM Size
    3 Floor
    May 2013 Completed
    (1 Review)
    Sale Price
    £84,800
    26

    About This Condo

    This property is a 61 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Nong Prue, Pattaya and was completed in May 2013. You can buy this condo for a base price of £84,800 (£1,390/SqM).

    Features

    BalconyBalcony MicrowaveMicrowave TVTV

    Basic Information

    Date Listed Nov 5, 2024
    Updated 4 weeks ago
    Property Type Condo
    Floor 3
    Bedrooms 2
    Size 61 SqM
    Price per SqM £1,390
    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%.

    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) Garden View
    Unit Type N/A
    Building Laguna Bay 1
    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.
    £56/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1961423

    Investment Opportunity: Charges & Yield

    Sale Price
    £84,800
    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.
    £56/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.
    17
    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 2 bedroom condos at Laguna Bay 1, and the current sales price.
    6%

    Project Details

    Project Name: Laguna Bay 1
    Developer: Vistas Development Co., Ltd
    Construction: Completed (May 2013)
    Floors: 8
    Buildings: 1
    Units: 74
    Project Area: 3,200 SqM
    Nearest Landmark Dong Tarn Beach - 0.7 Km
    Location: Nong Prue, Pattaya
    Laguna Bay 1 Project Details

    Project Features

    On Site Restaurant On Site Restaurant
    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
    Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
    Back Up Generators Back Up Generators
    Key card access Key card access

    Popular Facilities at Laguna Bay 1

    • All
    • Fitness
    • Leisure
    5
    • Communal Pool
      Ground Floor
    • Communal Gym
      Rooftop
    • Communal Garden Area
      Ground Floor

    Available Units at Laguna Bay 1

    For Sale 4 For Rent 1
    • All
    • Studio
    • 1 Bed
    • 2 Beds
    Get notified when new homes are being added to Laguna Bay 1
    View All (4)

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    Frequently Asked Questions

    No pets are allowed at Laguna Bay 1 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 £56 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 Laguna Bay 1 the required payment for the sinking fund is £12 per square meter based on the size of the indoor area of the property.
    Dong Tarn Beach is the nearest Beach from Laguna Bay 1 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 Laguna Bay 1 you have to follow these steps:

    • - Agreement of terms and conditions
    • - Reservation Agreement
    • - Reservation Deposit
    • - Sales and Purchase Agreement
    • - Settlement & Transfer

     


    Installment Milestone Payment
    Reservation Deposit
    Immediately
    £1,150
    1st Installment
    Upon contract signing
    20%
    2nd Installment
    Within 1 Months
    80%

    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

    4.5 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Condominium style modern
    James Smith, New Zealand, 8 years ago
    A ready-to-move-in condominium in modern style, decorated with high-quality furniture. It saves my time to buy furniture; just move in with my luggage. There are not many types of rooms you can choose from; there are only studio rooms to 2 bedrooms. I don't recommend you to live with a large family. My place is a 1-bedroom unit. It's perfect to live alone. The room is a good size, not too small or large. The layout is in exact proportions. The common area is well maintained. They are clean and functional. The facilities are okay, including Wi-Fi Internet, fitness center, sauna, elevator, garden, and rooftop swimming pool. Here is my favorite place. The security system here is good; there is a security guard 24 hours, and I have to use a key card to enter the building. I can feel safe here. The property area has convenience stores, restaurants, and department stores. I can get food at the Food Mart Supermarket within 5 minutes. The location of a condo is near Dongtan Beach and is on Pratumnak hill. As the area is not crowded, and the project's units are not cramped, the condo is absolutely perfect for living.
    Pattaya
    Nong Prue

    Neighborhood Overview

    Location and Neighborhood

    Street View

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