Unit ID: U35578
8% Rental Yield
Bang Lamung, Pattaya, Chon Buri
฿3,500,000 ฿4,800,000
2 Bedrooms
1
Bathroom
110 SqM
Size
4
Floor
Dec 1995
Completed

About This Condo

This property is a 110 SqM condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the project in Bang Lamung, Pattaya and was completed in Dec 1995. You can buy this condo for a base price of ฿3,500,000 (฿31,818/SqM) and it is also available for long term rentals starting from ฿22,000 per month.

Features

OceanfrontOceanfront Wet BarWet Bar JacuzziJacuzzi BalconyBalcony TVTV

Basic Information

Date Listed Oct 10, 2022
Updated 1 year ago
Property Type Condo
Floor 4
Bedrooms 2
Size 110 SqM
Price per SqM ฿31,818
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 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.
฿1,650/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U35578

Investment Opportunity: Charges & Yield

Sale Price
฿3,500,000
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.
฿1,650/mo
Rent
฿22,000/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.
13
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.
8%

Project Details

Project Name: Pattaya Del Rey
Developer: N/A
Construction: Completed (Dec 1995)
Floors: 5
Buildings: N/A
Units: 2
Project Area: N/A
Nearest Landmark Frost Magical Ice Of Siam - 2.8 Km
Location: Bang Lamung, Pattaya
Pattaya Del Rey Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Direct Beach Access Direct Beach Access

Available Units at Pattaya Del Rey

For Sale 2 For Rent 1
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Frequently Asked Questions

The common area maintenance fee is ฿15 per square meter based on the size of indoor area of the property and is ฿1,650 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.
Frost Magical Ice Of Siam is the nearest Tourist Attraction from Pattaya Del Rey and it is 2.8 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 Pattaya Del Rey 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

3.7 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Beachfront condo, nice room decorated
Rivka Macleod, Russia, 5 years ago
This condo is next to the beach, good atmosphere, quiet, and you can relax privately. The swimming pool here is beautifully shaped, overlooking the sea, and offers communal facilities suitable for families with young children. It is because there is also an indoor playground. In addition, there is still enough parking, which you won't be worried about. Overall, this is another place to stay, and the room prices are not very high, Worth the price!
Pattaya
Bang Lamung

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Pattaya Del Rey

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Project Name
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