Studio Condo for sale at 9 Karat Condo

(1 Review)
Nong Prue, Pattaya, Chon Buri
Unit ID: U1936216
10% Rental Yield
Tenant-Occupied until Jul 27, 2025
Studio Bedroom
1 Bathroom
27.45 SqM Size
3 Floor
Aug 1992 Completed

About This Condo

This property is a 27.45 SqM studio condo with 1 bathroom that is available for sale. It is part of the project in Nong Prue, Pattaya and was completed in Aug 1992. You can buy this condo for a base price of £0 (£0/SqM) and it is also available for long term rentals starting from £158 per month.

Great Investment Opportunity Under 1 Million!
Price: 850,000 THB (Transfer 50:50)

Property: 9 Karat Condo Town, Central Pattaya, Soi Arunothai
(Behind Arunothai School, quiet area)

Location:

Multiple access points
Close to Big C Extra (800m)
Unit Details:

Size: 27.45 sq.m.
Floor: 3rd, corner unit with pool view
Fully furnished with amenities including:Washing machine
Refrigerator
Electric stove
Range hood
Wardrobe
Microwave
Water heater
Utilities:

TOT internet installed
Water: 35 THB (paid to management)
Electricity: billed by government
Monthly maintenance fee: 530 THB (annual total: 6,360 THB)
Building Amenities:

Large swimming pool
24-hour security
Key card access
Elevator
Convenient parking
Pet-friendly

Current Rental: Selling with tenant in place, renting for 6,500 THB/month.

Don't miss out on this fantastic investment opportunity!

Features

BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Date Listed Sep 19, 2024
Updated 3 weeks ago
Property Type Condo
Floor 3
Bedroom Studio
Size 27.45 SqM
Price per SqM £0
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) City View, Pool 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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1936216

Investment Opportunity: Charges & Yield

Rent
£158/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.
10
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.
10%

Project Details

Project Name: 9 Karat Condo
Developer: N/A
Construction: Completed (Aug 1992)
Floors: 14
Buildings: N/A
Units: 450
Project Area: N/A
Nearest Landmark Central Festival Pattaya Beach - 1 Km
Location: Nong Prue, Pattaya
9 Karat 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)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Close
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Available Units at 9 Karat Condo

For Sale 1 For Rent 1
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Frequently Asked Questions

No pets are allowed at 9 Karat Condo unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Central Festival Pattaya Beach is the nearest Shopping Mall from 9 Karat Condo and it is 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 9 Karat 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

4.5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Excellent price
Rose R., United States, 4 years ago
I bought a large one-bedroom unit with a complete set of furniture. The price was excellent, 1.4 million. I like the shady common areas here, the pool is vast, and there are slides to play too. The location of the condo is great and easy to get around. Pattaya Beach is less than 10 minutes drive while other beaches are about 4-5 kilometers away.
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby 9 Karat Condo

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Year Built
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Number of units
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Project Name
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Location
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Project Name
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Location
Nong Prue, Pattaya, Chon Buri
Number of units
158
Sales Prices
£49.7K - £271K
▼ -9.3% underpriced
Monthly Rentals
£271 - £1.78K
Year Built
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Completion Status
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Project Name
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Location
Nong Prue, Pattaya, Chon Buri
Number of units
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Sales Prices
£140K - £256K
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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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N/A
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
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Sales Prices
£51.7K - £92.6K
▼ -35% underpriced
Monthly Rentals
£271 - £452
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Completion Status
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Number of units
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Completed
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