Unit ID: U620376
5% Rental Yield
Thung Sukhla, Pattaya, Chon Buri
฿1,700,000 ฿1,890,000 Great Price
1 Bedroom
1
Bathroom
25 SqM
Size
2
Floor
Oct 2018
Completed

About This Condo

This property is a 25 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Kensington Laemchabang-Sriracha project in Thung Sukhla, Pattaya and was completed in Oct 2018. You can buy this condo for a base price of ฿1,700,000 (฿68,000/SqM).

Condo in Sriracha Free maintenance fee for 1 year!

The Condominium with communal mall, developed by Origin Property, located at Sukhumvit Rd, Si Racha,Chonburi. Opposite to Kasetsart University Sriracha campus. Designed in a Modern Loft style with a modern feel. With facilities that support the new generation of people as well, surrounded by many lifestyle venues, including Harbor Mall, a 10-minute journey from the project, a new community mall including convenience stores, and Robinson Sriracha. Full facilities within the project, from library with table, chairs for working and reading, Fitness and fitness facilities and a large swimming pool. Comprises of 2 buildings, having 8 floors and includes 399 units, was completed in 2017. 1 Unit with 1 Bedroom, 1 Living Room, 1 Kitchen, 1 Bathroom 25.11 Sqm on the 2th floor Fully built-in furnished and Electrical appliances Free maintenance fee for 1 year! For sale available on 1,700,000THB Facilities 24 hour security with CCTV, guards and a card key entry system Safety boxes. Elevator Pool Garden Gym Lobby Meeting room Co-Working Space area Free parking on premises Surrounding area The community mall, 7-11, KFC, The famous coffee shop Makro wholesale center Harbor shopping malls Robinson shopping malls J park community mall Payathai hospital Samitivej hospital Leamchabang Shipping Port Pattaya beach Bangsean beach 

Features

BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave

Basic Information

Date Listed Jun 15, 2020
Updated 3 years ago
Property Type Condo
Floor 2
Bedroom 1
Size 25 SqM
Price per SqM ฿68,000
Pets Not Allowed
Condo Ownership

Foreign nationals can be freehold owners of condominium units, in buildings where not 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 that is currently below 49%.

Foreign Quota, Thai Quota, Company
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) Mountain View, City View, Garden 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.
฿875/mo
Listed By
Each listing provided by partnered agents is individually verified by SamuiTimes. Partner Agents work for different brokerages or property management companies but have teamed up with SamuiTimes so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U620376

Price Analysis

Great Price
Estimated market value ฿2,107,457
Great
฿1,810,000
Good
Fair
Above
฿2,190,000
Current asking Price: ฿1,700,000 | Rental estimate: ฿6,800/mo
This condo is ฿407,457 BELOW MARKET (-19%) in the Pattaya area. It is analyzed against similar condos and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
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Investment Opportunity: Charges & Yield

Sale Price
฿1,700,000
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.
฿875/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.
21
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 1 bedroom condos at Kensington Laemchabang-Sriracha, and the current sales price.
5%

Project Details

Developer: Origin Property
Construction: Completed (Oct 2018)
Floors: 8
Buildings: N/A
Units: 399
Project Area: N/A
Nearest Landmark Na Kluea Beach - 8.8 Km
Location: Thung Sukhla, Pattaya
Kensington Laemchabang-Sriracha Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area

Available Units at Kensington Laemchabang-Sriracha

For Sale 10 For Rent 5
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Frequently Asked Questions

No pets are allowed at Kensington Laemchabang-Sriracha unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Na Kluea Beach is the nearest Beach from Kensington Laemchabang-Sriracha and it is 8.8 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 Kensington Laemchabang-Sriracha 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

Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Reviews

4.8 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Beautiful condo, opposite the university
Arnate K., Thailand, 4 years ago
I have been renting this condo for almost 5 years because I am studying at Kasetsart University Sriracha Campus, which is opposite the condo. There are lots of restaurants, local markets, and night markets near here. It is also easy to get around because the condo is on the main road and only 25 kilometers from Pattaya City. My room has a good size with 1 bedroom for living alone. There are many common facilities, such as a swimming pool, library, garden, shop, etc. It is perfect!
Pattaya
Thung Sukhla

Neighborhood Overview

Location and Neighborhood

Street View

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