Unit ID: U1369916
10% Rental Yield
Nong Prue, Pattaya, Chon Buri
Sold
1 Bedroom
1
Bathroom
42 SqM
Size
1
Floor
Jul 2015
Completed

About This Condo

This property is a 42 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the VN Residence 3 project in Nong Prue, Pattaya and was completed in Jul 2015. You can buy this condo for a base price of ฿1,650,000 (฿39,286/SqM).

Features

BalconyBalcony Full Western KitchenFull Western Kitchen MicrowaveMicrowave OvenOven TVTV

Basic Information

Date Listed Mar 29, 2023
Updated 5 months ago
Property Type Condo
Floor 1
Bedroom 1
Size 42 SqM
Price per SqM ฿39,286
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
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) Garden View
Unit Type N/A
Building VN Residence 3
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.
฿1,848/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1369916

Investment Opportunity: Charges & Yield

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.
฿1,848/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.
10
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 VN Residence 3, and the current sales price.
10%

Project Details

Project Name: VN Residence 3
Construction: Completed (Jul 2015)
Floors: 7
Buildings: 1
Units: 53
Project Area: 680 SqM
Nearest Landmark Dong Tarn Beach - 1.4 Km
Location: Nong Prue, Pattaya
VN Residence 3 Project Details

Project Features

Hotel Managed Hotel Managed
Communal Pool Communal Pool
Communal Gym Communal Gym
Bar Bar
Clubhouse Clubhouse
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

Popular Facilities at VN Residence 3

  • Communal Pool
    Rooftop
  • Communal Gym
    Rooftop
  • Communal Garden Area
    Rooftop
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Available Units at VN Residence 3

For Sale 3 For Rent 2
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Frequently Asked Questions

No pets are allowed at VN Residence 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 ฿44 per square meter based on the size of indoor area of the property and is ฿1,848 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 VN Residence 3 the required payment for the sinking fund is ฿400 per square meter based on the size of the indoor area of the property.
Dong Tarn Beach is the nearest Beach from VN Residence 3 and it is 1.4 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 VN Residence 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

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

3 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 is standard & the view from the rooftop is stunning
Amily Pacelli, Austria, 5 years ago
I moved here in April 2016, and I was not used to the place at that time. Therefore I got lost very often. Now I think that getting around is convenient and not far from tourist attractions and shopping centers. Mini Buses are passing through the road. The condo is standard and very clean. The view from the rooftop pool area is absolutely stunning, overlooking Jomtien Beach and the surrounding sea. There are many small restaurants in the neighborhood. The internet speed is considered fast. Anyway, car parking areas are too narrow, and the road in the alley is tiny. If you have a car, you will feel a bit exhausted. The security system is okay, comprising CCTV installed surrounding the building.
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby VN Residence 3

Location
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
Nong Prue, Pattaya, Chon Buri
Number of units
56
Sales Prices
฿1.61M - ฿5.2M
▼ -35% underpriced
Monthly Rentals
N/A
Year Built
Nov 2012
Completion Status
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Project Name
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Nong Prue, Pattaya, Chon Buri
Number of units
210
Sales Prices
฿2.5M
▼ -11.7% underpriced
Monthly Rentals
฿9K - ฿40K
Year Built
May 2015
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
1
Sales Prices
฿21M
Monthly Rentals
N/A
Year Built
Nov 2012
Completion Status
Completed
Project Name
Art On The Hill
Location
Nong Prue, Pattaya, Chon Buri
Number of units
159
Sales Prices
฿1.3M - ฿3.7M
▼ -36% underpriced
Monthly Rentals
฿14K
Year Built
Dec 2014
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
78
Sales Prices
฿10.7M
▼ -17% underpriced
Monthly Rentals
฿60K
Year Built
Dec 2009
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
N/A
Sales Prices
฿1.96M - ฿2.45M
Monthly Rentals
N/A
Year Built
May 2026
Completion Status
Off Plan
Project Name
Siam Ocean View
Location
Nong Prue, Pattaya, Chon Buri
Number of units
43
Sales Prices
฿4.8M - ฿9.1M
▼ -3.3% underpriced
Monthly Rentals
฿45K
Year Built
Jun 2008
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
271
Sales Prices
฿3.12M - ฿45.5M
Monthly Rentals
N/A
Year Built
Dec 2026
Completion Status
Off Plan
Location
Nong Prue, Pattaya, Chon Buri
Number of units
142
Sales Prices
฿1.89M
▼ -6.8% underpriced
Monthly Rentals
N/A
Year Built
Jun 2021
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
201
Sales Prices
฿3.39M - ฿9.9M
▼ -6.8% underpriced
Monthly Rentals
N/A
Year Built
Aug 2021
Completion Status
Completed
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