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    Studio Apartment for sale at Siam Oriental Tropical Garden
    Nong Prue, Pattaya, Chon Buri
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    Sale Price
    £38,400
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    Studio Apartment for sale at Siam Oriental Tropical Garden

    (1 Review)
    Nong Prue, Pattaya, Chon Buri
    Unit ID: U1876938
    8% Rental Yield
    Studio Bedroom
    1 Bathroom
    26 SqM Size
    4 Floor
    Dec 2015 Completed
    (1 Review)
    Sale Price
    £38,400
    5

    About This Apartment

    This property is a 26 SqM studio apartment with 1 bathroom that is available for sale. It is part of the project in Nong Prue, Pattaya and was completed in Dec 2015. You can buy this apartment for a base price of £38,400 (£1,480/SqM).

    Basic Information

    Date Listed Jun 18, 2024
    Updated 6 months ago
    Property Type Apartment
    Floor 4
    Bedroom Studio
    Size 26 SqM
    Price per SqM £1,480
    Pets Not Allowed
    Apartment 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%.

    N/A
    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) N/A
    Unit Type N/A
    Building Building C
    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.
    £24/mo
    Listed By
    Each listing provided by partnered agents is individually verified by LivePhuket. Partner Agents work for different brokerages or property management companies but have teamed up with LivePhuket so that we can provide you a wider choice of properties
    Agent / Partner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1876938

    Investment Opportunity: Charges & Yield

    Sale Price
    £38,400
    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.
    £24/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 based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other studio apartments at Siam Oriental Tropical Garden, and the current sales price.
    8%

    Project Details

    Project Name: Siam Oriental Tropical Garden
    Developer: The Siam Oriental Trading Co., Ltd.
    Construction: Completed (Dec 2015)
    Floors: 8
    Buildings: 3
    Units: 427
    Project Area: N/A
    Nearest Landmark Yin Yom Beach - 0.7 Km
    Location: Nong Prue, Pattaya
    Siam Oriental Tropical Garden 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
    Communal Garden Area Communal Garden Area

    Available Units at Siam Oriental Tropical Garden

    For Sale 8 For Rent 4
    • All
    • Studio
    • 1 Bed
    • 2 Beds
    Get notified when new homes are being added to Siam Oriental Tropical Garden
    View All (8)

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    Frequently Asked Questions

    No pets are allowed at Siam Oriental Tropical Garden 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 £24 for this apartment. 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 Siam Oriental Tropical Garden the required payment for the sinking fund is £12 per square meter based on the size of the indoor area of the property.
    Yin Yom Beach is the nearest Beach from Siam Oriental Tropical Garden 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 Siam Oriental Tropical Garden 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

    4.5 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    I highly recommend it.
    Eve G., United States, 7 years ago
    I've been here for two years and would recommend it to everyone since it's the best project in Pattaya. The rental price is not expensive considering this luxury project. Plus, the staff is great. The only thing that might not be very appealing to people who like privacy is the room's window next to the neighbor's room. The room I stayed in was a one-bedroom unit. The furniture was well decorated, beautiful, and modern. I liked it. The swimming pool here is super nice, big and clean. Dongtan Beach is only a 5-10 minutes walk, and restaurants are easy to find at affordable prices. Everything is convenient, so I highly recommend it.
    Pattaya
    Nong Prue

    Neighborhood Overview

    Location and Neighborhood

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