Unit ID: U1679728
7% Rental Yield
Nong Prue, Pattaya, Chon Buri
฿6,000,000
1 Bedroom
1
Bathroom
65 SqM
Size
5
Floor
May 2013
Completed

About This Condo

This property is a 65 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Nong Prue, Pattaya and was completed in May 2013. You can buy this condo for a base price of ฿6,000,000 (฿92,308/SqM) and it is also available for long term rentals starting from ฿35,000 per month.

The Place Pratumnak, where sophistication and comfort blend seamlessly to offer an extraordinary lifestyle. This large studio apartment boasts an impressive 65 square meters of space and is designed to provide you with the utmost in comfort and style. Key Features: Expansive Living Corner: Step into a spacious studio apartment that offers versatility and elegance. The open layout allows you to create your perfect living and sleeping areas while basking in abundant natural light. Open Dining Area: Adjacent to the living space, a well-appointed dining area is ready to host your meals and gatherings, providing a comfortable space for entertaining friends and family. Private Balcony with City & Partial Sea Views: One of the standout features of this studio is the private balcony, offering panoramic views of the city and a tantalizing glimpse of the sea. It's the ideal place to enjoy your morning coffee or unwind in the evening while taking in the city lights. Fully Furnished in Modern Style: This unit comes fully furnished in a contemporary and stylish manner, ensuring that you have everything you need to move in effortlessly. Experience the perfect blend of form and function. Communal Pool and Gym: The Place Pratumnak offers residents exclusive access to a communal pool and a state-of-the-art gym. Whether you seek relaxation by the pool or prefer to maintain your fitness routine, these amenities are just steps away from your door. Parking Space: Convenience is paramount, and a dedicated parking space within the complex ensures secure and easy access to your vehicle

Features

BalconyBalcony Full Western KitchenFull Western Kitchen MicrowaveMicrowave OvenOven TVTV Cable TVCable TV

Basic Information

Date Listed Oct 12, 2023
Updated 1 month ago
Property Type Condo
Floor 5
Bedroom 1
Size 65 SqM
Price per SqM ฿92,308
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
Unit Type N/A
Building The Place Pratumnak
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.
฿2,600/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1679728

Investment Opportunity: Charges & Yield

Sale Price
฿6,000,000
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.
฿2,600/mo
Rent
฿35,000/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.
14
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.
7%

Project Details

Project Name: The Place Pratumnak
Construction: Completed (May 2013)
Floors: 8
Buildings: 1
Units: 75
Project Area: 1,290 SqM
Nearest Landmark Cozy Beach - 0.5 Km
Location: Nong Prue, Pattaya
The Place Pratumnak Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Communal Garden Area Communal Garden Area
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at The Place Pratumnak

  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor

Available Units at The Place Pratumnak

For Sale 3 For Rent 7
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Frequently Asked Questions

No pets are allowed at The Place Pratumnak 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 ฿40 per square meter based on the size of indoor area of the property and is ฿2,600 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 The Place Pratumnak the required payment for the sinking fund is ฿400 per square meter based on the size of the indoor area of the property.
Cozy Beach is the nearest Beach from The Place Pratumnak and it is 0.5 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 The Place Pratumnak 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

3.8 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Good place to stay, near walking street
Mathew Caron, France, 4 years ago
I came from France, looking for a quiet condo and away from the hustle and bustle area, yet not far from the city. From this condo, I can get to the viewpoint on Pratumnak Hill just in 3 minutes and 10 minutes to Walking Street Pattaya. Condos are very quiet and private because there are not many units. The project's common area is adequate and is suitable for the number of residents. It's a perfect size, such as a swimming pool, a gym, and a poolside relaxation area. Within my 1-bedroom type, the size is about 40 sq.m and fully-furnished. There is a kitchen corner that can actually cook and a cupboard to keep things tidy. The neighbors are friendly. Most of them are long-term tourists and foreigners working here. When compared with other projects, the price is reasonable, with all the same amenities.
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Place Pratumnak

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Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
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Year Built
Completion Status
Location
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Number of units
279
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▼ -12.1% underpriced
Monthly Rentals
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Year Built
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Completion Status
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Location
Nong Prue, Pattaya, Chon Buri
Number of units
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Nong Prue, Pattaya, Chon Buri
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Monthly Rentals
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Nong Prue, Pattaya, Chon Buri
Number of units
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Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
27
Sales Prices
฿8.4M
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Monthly Rentals
N/A
Year Built
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Completion Status
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Jewel Pratumnak
Location
Nong Prue, Pattaya, Chon Buri
Number of units
121
Sales Prices
฿4M - ฿4.99M
▲ 3.6% overpriced
Monthly Rentals
฿16K - ฿45K
Year Built
Nov 2017
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
157
Sales Prices
฿1.9M - ฿5.3M
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Monthly Rentals
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Year Built
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Completion Status
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Location
Nong Prue, Pattaya, Chon Buri
Number of units
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Sales Prices
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Monthly Rentals
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Year Built
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Completion Status
Completed
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