Studio Condo for sale at Wangthong Condotel

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Thung Sukhla, Pattaya, Chon Buri
Unit ID: U1689162
6% Rental Yield
Studio Bedroom
1 Bathroom
31 SqM Size
5 Floor
Jan 2009 Completed

About This Condo

This property is a 31 SqM studio condo with 1 bathroom that is available for sale. It is part of the project in Thung Sukhla, Pattaya and was completed in Jan 2009. You can buy this condo for a base price of £18,900 (£610/SqM).

Features

BalconyBalcony

Basic Information

Date Listed Nov 13, 2023
Updated 8 months ago
Property Type Condo
Floor 5
Bedroom Studio
Size 31 SqM
Price per SqM £610
Pets Cats and Dogs (small only)
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%.

Thai Quota
Furniture
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) City 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.
£23/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1689162

Investment Opportunity: Charges & Yield

Sale Price
£18,900
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.
£23/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.
15
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 Wangthong Condotel, and the current sales price.
6%

Project Details

Project Name: Wangthong Condotel
Developer: N/A
Construction: Completed (Jan 2009)
Floors: 7
Buildings: N/A
Units: 234
Project Area: N/A
Nearest Landmark Mini Big C - 1 Km
Location: Thung Sukhla, Pattaya
Wangthong Condotel Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at Wangthong Condotel

For Sale 2 For Rent 1
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Frequently Asked Questions

No pets are allowed at Wangthong Condotel unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Mini Big C is the nearest Shopping Mall from Wangthong Condotel 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 Wangthong Condotel 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

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Pattaya
Thung Sukhla

Neighborhood Overview

Location and Neighborhood

Street View

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