Unit ID: U32916
6% Rental Yield
Nong Prue, Pattaya, Chon Buri
฿3,200,000 ฿3,360,000
Studio Bedroom
1
Bathroom
48 SqM
Size
5
Floor
Jul 2006
Completed

About This Condo

This property is a 48 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 Jul 2006. You can buy this condo for a base price of ฿3,200,000 (฿66,667/SqM) and it is also available for long term rentals starting from ฿15,000 per month.

Features

BalconyBalcony MicrowaveMicrowave TVTV

Basic Information

Date Listed Oct 26, 2022
Updated 3 weeks ago
Property Type Condo
Floor 5
Bedroom Studio
Size 48 SqM
Price per SqM ฿66,667
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%.

Thai 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, 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.
฿720/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U32916

Investment Opportunity: Charges & Yield

Sale Price
฿3,200,000
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.
฿720/mo
Rent
฿15,000/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.
18
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.
6%

Project Details

Project Name: View Talay 3
Construction: Completed (Jul 2006)
Floors: 20
Buildings: 2
Units: 1000
Project Area: N/A
Nearest Landmark Pratumnak Beach - 0.1 Km
Location: Nong Prue, Pattaya
View Talay 3 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)
Car Parking Car Parking

Available Units at View Talay 3

For Sale 5 For Rent 3
Get notified when new homes are being added to View Talay 3
View All (5)

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Frequently Asked Questions

No pets are allowed at View Talay 3 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 ฿15 per square meter based on the size of indoor area of the property and is ฿720 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 View Talay 3 and it is 0.1 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 View Talay 3 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

4.1 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Solid construction! will last forever
Verified Visitor, 4 years ago
I have stayed here multiple times and these units are sold construction, you don't often see that kind of high quality construction in Pattaya. Spacious and materials are sustainable. This is absolutely worth an investment for long term or end users. Its hard to beat this kind price and product combination
The condo is very convenient for traveling
Nick Phan, Singapore, 6 years ago
There is no place better than this condo. The condo is very convenient because of the best location and convenient for traveling to various places in Pattaya. There are many night markets in the neighborhood; just a 10 minute walk away. It also has a lot of restaurants and food. You don't have to worry about the location at all. The room I was in offers a sea view and a spacious balcony suitable for 1-2 people. Also, the common area is complete. Even though the condo looks a bit old, I think the price is very ok when I renovate compared to the location. Buying for investing and renting for a long time is worth it!
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby View Talay 3

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Location
Nong Prue, Pattaya, Chon Buri
Number of units
56
Sales Prices
฿28M
▲ 19% overpriced
Monthly Rentals
฿80K
Year Built
Sep 2009
Completion Status
Completed
Project Name
Kieng Talay
Location
Nong Prue, Pattaya, Chon Buri
Number of units
418
Sales Prices
฿1.4M - ฿3.5M
▼ -36% underpriced
Monthly Rentals
฿8K - ฿28K
Year Built
Jun 1988
Completion Status
Completed
Project Name
Laguna Bay 2
Location
Nong Prue, Pattaya, Chon Buri
Number of units
156
Sales Prices
฿1.9M
▼ -46% underpriced
Monthly Rentals
N/A
Year Built
Dec 2015
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
342
Sales Prices
฿4.98M - ฿15.4M
▲ 5.7% overpriced
Monthly Rentals
฿20K - ฿65K
Year Built
Dec 2022
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
400
Sales Prices
฿1.2M - ฿1.29M
▼ -46% underpriced
Monthly Rentals
฿6K
Year Built
Jul 1995
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
60
Sales Prices
฿2M - ฿4.2M
▼ -26.3% underpriced
Monthly Rentals
฿24K
Year Built
Jun 2008
Completion Status
Completed
Project Name
Sands Condominium
Location
Nong Prue, Pattaya, Chon Buri
Number of units
283
Sales Prices
฿3.4M - ฿9.5M
▲ 12.7% overpriced
Monthly Rentals
฿17.5K - ฿28K
Year Built
Mar 2019
Completion Status
Completed
Project Name
Park Royal 3
Location
Nong Prue, Pattaya, Chon Buri
Number of units
140
Sales Prices
฿2.45M - ฿5M
▲ 32% overpriced
Monthly Rentals
฿13K - ฿39K
Year Built
Mar 2012
Completion Status
Completed
Project Name
Laguna Bay 1
Location
Nong Prue, Pattaya, Chon Buri
Number of units
74
Sales Prices
฿1.3M - ฿2.39M
▼ -10.7% underpriced
Monthly Rentals
฿18K
Year Built
May 2013
Completion Status
Completed
Project Name
Nova Ocean View
Location
Nong Prue, Pattaya, Chon Buri
Number of units
78
Sales Prices
฿3.9M - ฿9M
▼ -18.5% underpriced
Monthly Rentals
฿11K - ฿35K
Year Built
Nov 2011
Completion Status
Completed
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