Unit ID: U26148
Nong Prue, Pattaya, Chon Buri
฿2,650,000 Great Price
Studio Bedroom
1
Bathroom
28 SqM
Size
5
Floor
Jun 2019
Completed

About This Condo

This property is a 28 SqM studio condo with 1 bathroom that is available for sale. It is part of the Rising Place Pratumnak project in Nong Prue, Pattaya and was completed in Jun 2019. You can buy this condo for a base price of ฿2,650,000 (฿94,643/SqM).

Affluent Studio Haven: 28 SqM Condo in Nong Prue

This 28 SqM condo provides a great opportunity to those looking to purchase a modern property that is located in an affluent part of Nong Prue, Chon Buri. The condo, which is part of the Rising Place Pratumnak project, was recently completed in June 2019 and features one bathroom.This studio condo offers an abundance of features and amenities. The modern interior design provides comfortable living, while the stylish furnishings creates a cozy living atmosphere. Here, you will be able to enjoy the convenience of having nearby amenities and transportation options, while also having quick access to Central Pattaya and the beach area.The base price of this condo is ฿2,650,000 which equates to ฿94,643/SqM, making this a great value for money. With such a competitively priced property, you can be confident in investing in a beneficial addition to your property portfolio.If you are looking for a modern studio condo in an affluent part of Nong Prue, then this is the perfect opportunity for you. This condo creates the perfect balance between style, convenience, comfort and affordability, making this an ideal choice for those looking for a great deal in an area that has lots to offer. We highly recommend you enquire on this property as soon as possible, as this opportunity is too good to miss!

Basic Information

Date Listed May 9, 2017
Updated 3 years ago
Property Type Condo
Floor 5
Bedroom Studio
Size 28 SqM
Price per SqM ฿94,643
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%.

N/A
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) City View
Unit Type STU
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.
฿1,400/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U26148

Price Analysis

Great Price
Estimated market value ฿2,843,067
Great
฿2,760,000
Good
Fair
Above
฿2,900,000
Current asking Price: ฿2,650,000
This condo is ฿193,067 BELOW MARKET (-7%) 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
฿2,650,000
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.
฿1,400/mo

Project Details

Project Name: Rising Place Pratumnak
Developer: N/A
Construction: Completed (Jun 2019)
Floors: 8
Buildings: N/A
Units: 92
Project Area: N/A
Nearest Landmark Dong Tarn Beach - 1.5 Km
Location: Nong Prue, Pattaya
Rising Place Pratumnak Project Details

Project Features

Bar Bar
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area

Loan Calculator

Frequently Asked Questions

The common area maintenance fee is ฿50 per square meter based on the size of indoor area of the property and is ฿1,400 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 Rising Place Pratumnak the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Dong Tarn Beach is the nearest Beach from Rising Place Pratumnak and it is 1.5 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 Rising Place Pratumnak 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
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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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Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

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