Unit ID: U1395946
5% Rental Yield
Si Racha, Pattaya, Chon Buri
฿5,600,000
1 Bedroom
1
Bathroom
55 SqM
Size
9
Floor
Dec 2016
Completed

About This Condo

This property is a 55 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Marina Bayfront Sriracha Condo project in Si Racha, Pattaya and was completed in Dec 2016. You can buy this condo for a base price of ฿5,600,000 (฿101,818/SqM) and it is also available for long term rentals starting from ฿25,000 per month.

Features

BalconyBalcony

Basic Information

Date Listed Apr 18, 2023
Updated 9 months ago
Property Type Condo
Floor 9
Bedroom 1
Size 55 SqM
Price per SqM ฿101,818
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
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) Mountain 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.
฿2,475/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1395946

Investment Opportunity: Charges & Yield

Sale Price
฿5,600,000
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.
฿2,475/mo
Rent
฿25,000/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.
19
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.
5%

Project Details

Construction: Completed (Dec 2016)
Floors: 32
Buildings: N/A
Units: 273
Project Area: N/A
Nearest Landmark Na Kluea Beach - 13.3 Km
Location: Si Racha, Pattaya
Marina Bayfront Sriracha Condo Project Details

Project Features

Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Steam Room Steam Room
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Communal Garden Area Communal Garden Area

Available Units at Marina Bayfront Sriracha Condo

For Sale 3 For Rent 4
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Frequently Asked Questions

No pets are allowed at Marina Bayfront Sriracha Condo 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 ฿45 per square meter based on the size of indoor area of the property and is ฿2,475 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.
Na Kluea Beach is the nearest Beach from Marina Bayfront Sriracha Condo and it is 13.3 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 Marina Bayfront Sriracha Condo 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
The condo in the best location
N K, Poland, 4 years ago
It is one of the best condos in Si Racha, next to the beach and surrounded by various amenities, such as shopping malls, ports, hospitalas, shops, and convenience stores. Also, I'm very impressed with the room overlooking a beautiful sea view. The condo is a 5-star luxury, with excellent service and facilities, and the staff is lovely and polite. My room is a fully-furnished duplex unit in a spacious living area. Most of the neighbors who live here are foreigners.
Pattaya
Si Racha

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Marina Bayfront Sriracha Condo

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
Surasak, Si Racha, Chon Buri
Number of units
181
Sales Prices
฿570K
Monthly Rentals
N/A
Year Built
Jan 1992
Completion Status
Completed
Location
Si Racha, Si Racha, Chon Buri
Number of units
224
Sales Prices
฿1.99M - ฿2.75M
▼ -34% underpriced
Monthly Rentals
฿10K - ฿20K
Year Built
Nov 2011
Completion Status
Completed
Project Name
Sonrisa Sriracha
Location
Surasak, Si Racha, Chon Buri
Number of units
141
Sales Prices
฿2.5M - ฿10.4M
▼ -33% underpriced
Monthly Rentals
฿9K - ฿12.5K
Year Built
Nov 2016
Completion Status
Completed
Project Name
Ladda Condo View
Location
Si Racha, Si Racha, Chon Buri
Number of units
432
Sales Prices
฿2.8M - ฿3.9M
▼ -13.7% underpriced
Monthly Rentals
฿12K - ฿22K
Year Built
May 2012
Completion Status
Completed
Location
Si Racha, Si Racha, Chon Buri
Number of units
733
Sales Prices
฿2.7M - ฿5.6M
Monthly Rentals
฿15K - ฿29K
Year Built
Oct 2016
Completion Status
Completed
Location
Surasak, Si Racha, Chon Buri
Number of units
106
Sales Prices
฿3.5M
▼ -10% underpriced
Monthly Rentals
฿18K
Year Built
Dec 2015
Completion Status
Completed
Location
Surasak, Si Racha, Chon Buri
Number of units
600
Sales Prices
฿2.4M
Monthly Rentals
N/A
Year Built
Jan 1991
Completion Status
Completed
Project Name
Sriracha Place
Location
Si Racha, Si Racha, Chon Buri
Number of units
50
Sales Prices
฿1.2M
Monthly Rentals
฿12K
Year Built
Dec 2004
Completion Status
Completed
Location
Surasak, Si Racha, Chon Buri
Number of units
287
Sales Prices
฿2.99M
▼ -24% underpriced
Monthly Rentals
N/A
Year Built
Jan 2019
Completion Status
Completed
Project Name
Rama Harbour View
Location
Surasak, Si Racha, Chon Buri
Number of units
110
Sales Prices
฿5.5M - ฿7.2M
Monthly Rentals
฿25K - ฿35K
Year Built
Nov 1991
Completion Status
Completed
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