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    Studio Condo for sale at Art On The Hill
    Nong Prue, Pattaya, Chon Buri
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    Sale Price
    £38,500
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    Studio Condo for sale at Art On The Hill

    (2 Reviews)
    Nong Prue, Pattaya, Chon Buri
    Unit ID: U1950778
    6% Rental Yield
    Studio Bedroom
    1 Bathroom
    23 SqM Size
    7 Floor
    Dec 2014 Completed
    (2 Reviews)
    Sale Price
    £38,500
    6

    About This Condo

    This property is a 23 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 2014. You can buy this condo for a base price of £38,500 (£1,670/SqM).

    Studio 23 sq.m.Open Blocked view with Great price 

    Features

    Pool AccessPool Access Garden AccessGarden Access Covered ParkingCovered Parking BalconyBalcony

    Basic Information

    Date Listed Oct 22, 2024
    Updated 2 months ago
    Property Type Condo
    Floor 7
    Bedroom Studio
    Size 23 SqM
    Price per SqM £1,670
    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 Art On The Hill
    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.
    £21/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1950778

    Investment Opportunity: Charges & Yield

    Sale Price
    £38,500
    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.
    £21/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.
    16
    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 Art On The Hill, and the current sales price.
    6%

    Project Details

    Project Name: Art On The Hill
    Developer: Matrix
    Construction: Completed (Dec 2014)
    Floors: 8
    Buildings: 1
    Units: 159
    Project Area: 1,600 SqM
    Nearest Landmark Pratumnak Beach - 1 Km
    Location: Nong Prue, Pattaya
    Art On The Hill 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
    Steam Room Steam Room
    Reception / Lobby Area Reception / Lobby Area
    Communal Garden Area Communal Garden Area

    Popular Facilities at Art On The Hill

    • All
    • Fitness
    • Leisure
    3
    • Communal Pool
      Rooftop
    • Communal Gym
      Rooftop
    • Communal Garden Area
      Rooftop

    Available Units at Art On The Hill

    For Sale 1 For Rent 2
    • All
    • Studio
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    Frequently Asked Questions

    No pets are allowed at Art On The Hill 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 £21 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 Art On The Hill 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 Art On The Hill 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

    4.3 out of 5
    Based on
    2 Reviews
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Affordable rental price, Great location
    Zenobia Wittenberg, Mexico, 5 years ago
    The rental rate is not high, and I decided to make the contract for a year. The room I rented is 1 bedroom with fully furnished. The common area comprises a gym and a clean and beautiful swimming pool. There is also an excellent security system with a key card system and 24 hours of the security system. I can touch a sense of relaxation a lot. Besides, the location is also easy and convenient to go to Pattaya Town and other tourist attractions.
    A pleasant project to live in
    Alberte P., Denmark, 7 years ago
    This condo is pleasant to live in as it has a cozy and serene ambiance. The pool is a bit small, located on the rooftop with the stunning view of mountains surrounded. The gym is nice, and the staff also serves great services. The monthly rental fee for a 1 bedroom condo is affordable because it is fully furnished, including a washing machine, stove, microwave, water heater, etc. The location is excellent, close to many attractions and about 10 minutes to Pattaya Beach.
    Pattaya
    Nong Prue

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