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    Studio Condo for sale at Andromeda Condominium
    Nong Prue, Pattaya, Chon Buri
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    Sale Price
    £110,000
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    Studio Condo for sale at Andromeda Condominium

    (3 Reviews)
    Nong Prue, Pattaya, Chon Buri
    Unit ID: U27405
    5% Rental Yield
    Studio Bedroom
    1 Bathroom
    28.51 SqM Size
    7 Floor
    Dec 2019 Completed
    (3 Reviews)
    Sale Price
    £110,000
    5

    About This Condo

    This property is a 28.51 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 Dec 2019. You can buy this condo for a base price of £110,000 (£3,840/SqM).

    Features

    Wet BarWet Bar BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

    Basic Information

    Date Listed Jun 6, 2017
    Updated 4 years ago
    Property Type Condo
    Floor 7
    Bedroom Studio
    Size 28.51 SqM
    Price per SqM £3,840
    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) Sea View
    Unit Type STU
    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.
    £36/mo
    Listed By
    Developer
    Electricity Price Government Rate
    Water Price Government Rate
    Unit ID U27405

    Investment Opportunity: Charges & Yield

    Sale Price
    £110,000
    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.
    £36/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.
    22
    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 condos at Andromeda Condominium, and the current sales price.
    5%

    Project Details

    Project Name: Andromeda Condominium
    Developer: Apus Development Group
    Construction: Completed (Dec 2019)
    Floors: 36
    Buildings: 1
    Units: 216
    Project Area: 2,734 SqM
    Nearest Landmark Yin Yom Beach - 1.2 Km
    Location: Nong Prue, Pattaya
    Andromeda Condominium Project Details

    Project Features

    Communal Pool Communal Pool
    Jacuzzi Jacuzzi
    Communal Gym Communal Gym
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Indoor Kids Zone Indoor Kids Zone
    Car Parking Car Parking
    Steam Room Steam Room
    Sauna Sauna
    Reception / Lobby Area Reception / Lobby Area
    Library / Reading Room Library / Reading Room
    Communal Garden Area Communal Garden Area

    Popular Facilities at Andromeda Condominium

    • All
    • Fitness
    • Leisure
    • Convenience
    6
    • Reception / Lobby Area
      1st Floor
    • Communal Pool
      25th Floor
    • Communal Gym
      24th Floor
    • Library / Reading Room
      25th Floor
    • Mini Theater
      25th Floor
    • Sauna
      25th Floor

    Available Units at Andromeda Condominium

    For Sale 9 For Rent 15
    • All
    • Studio
    • 1 Bed
    • 2 Beds
    Get notified when new homes are being added to Andromeda Condominium
    View All (9)

    Loan Calculator

    Payment Plan

    Installment Milestone Payment
    Reservation Deposit
    Immediately
    £2,280
    1st Installment
    Upon contract signing
    20%
    2nd Installment
    On handover
    80%

    Frequently Asked Questions

    No pets are allowed at Andromeda 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 £1 per square meter based on the size of indoor area of the property and is £36 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 Andromeda Condominium the required payment for the sinking fund is £14 per square meter based on the size of the indoor area of the property.
    Yin Yom Beach is the nearest Beach from Andromeda Condominium and it is 1.2 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 Andromeda Condominium 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
    £2,280
    1st Installment
    Upon contract signing
    20%
    2nd Installment
    On handover
    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

    4.7 out of 5
    Based on
    3 Reviews
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Outstanding
    Verified Current Resident, 5 months ago
    Experience the extraordinary at this luxury condo where comfort meets opulence, surrounded by restaurants, 5-star hotels, private beach and more
    Well positioned, panoramic views over The Gulf of Thailand
    Marciano brewster, Netherlands, Visitor, 4 years ago
    What a surprise! this building has very nice facilities, the units facing seaside have fantastic view. This condo offers all the leisure for residency. Its located in quite location near cozy beach. Perfect for retirement. This is one of the better buildings in Pattaya with easy road access
    Tall building and sea view rooms
    Meagan Taing, Singapore, 4 years ago
    The location of the condo is the best location on Pratumnak Hill. It is the highest condo in this area, which gives a stunning sea view. The atmosphere is nice and quiet, close to Cozy Beach, within walking distance. Next to the condo, there is 7-11. The building is designed for a vacation stay and facing the sea to enjoy a sea view from every room. The project sells 1 and 2 bedroom units in a modern design. The room is spacious and open with an over 2-meter high ceiling. Warm colors and wooden furniture are used for decoration. The room space is functional, and the bathroom is very spacious, with a separation of the wet and dry zone. The project's common area is located on the 24-25th floor with a sea view including, a swimming pool, fitness room, sauna, and lounge, in which full-frame glass is installed, and that's what I love the most. As for convenient transportation, I recommend having a car as you have to go up and down the mountain, and easy to get around in Pattaya.
    Pattaya
    Nong Prue

    Neighborhood Overview

    Location and Neighborhood

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    Year Built
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    Completion Status
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