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    2 Bedroom Condo for sale at South Beach Condominium
    Nong Prue, Pattaya, Chon Buri
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    Sale Price
    £76,000
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    2 Bedroom Condo for sale at South Beach Condominium

    (1 Review)
    Nong Prue, Pattaya, Chon Buri
    Unit ID: U1626996
    8% Rental Yield
    Tenant-Occupied until Jan 1, 2025
    2 Bedrooms
    2 Bathrooms
    73 SqM Size
    2 Floor
    Nov 2012 Completed
    (1 Review)
    Sale Price
    £76,000
    28

    About This Condo

    This property is a 73 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 Nov 2012. You can buy this condo for a base price of £76,000 (£1,040/SqM) and it is also available for long term rentals starting from £479 per month.

    Features

    BalconyBalcony MicrowaveMicrowave TVTV

    Basic Information

    Date Listed Jun 27, 2023
    Updated 3 weeks ago
    Property Type Condo
    Floor 2
    Bedrooms 2
    Size 73 SqM
    Price per SqM £1,040
    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) Garden 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.
    £87/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1626996

    Investment Opportunity: Charges & Yield

    Sale Price
    £76,000
    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.
    £87/mo
    Rent
    £479/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.
    13
    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.
    8%

    Project Details

    Project Name: South Beach Condominium
    Developer: N/A
    Construction: Completed (Nov 2012)
    Floors: 7
    Buildings: N/A
    Units: 56
    Project Area: N/A
    Nearest Landmark Pratumnak Beach - 0.9 Km
    Location: Nong Prue, Pattaya
    South Beach Condominium 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

    Available Units at South Beach Condominium

    For Sale 7 For Rent 2
    • All
    • Studio
    • 2 Beds
    Get notified when new homes are being added to South Beach Condominium
    View All (7)

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    Frequently Asked Questions

    No pets are allowed at South Beach Condominium 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 ฿52 per square meter based on the size of indoor area of the property and is ฿3,796 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.
    Pratumnak Beach is the nearest Beach from South Beach Condominium and it is 0.9 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 South Beach Condominium 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
    It is suitable for residence and investment.
    Kim Lee, South Korea, 5 years ago
    There is only one condo here, so it is relatively peaceful and private. The common area is quite spacious. The deck includes a swimming pool and a lounge area overlooking the beach. The room has a large balcony and is fully furnished. The project offers a good security system, and getting to the project is easy and convenient. I think the disadvantage will be the car parking is relatively small and too narrow. Maybe you have to waste a lot of time looking for a parking space. Overall, it is suitable to purchase for residence and investment.
    Pattaya
    Nong Prue

    Neighborhood Overview

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