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    1 Bedroom Condo for sale at Ocean Portofino
    Na Chom Thian, Pattaya, Chon Buri
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    Sale Price
    $395,000
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    1 Bedroom Condo for sale at Ocean Portofino
     (Write Review)
    Unit ID: U1032984
    4% Rental Yield
    Na Chom Thian, Pattaya, Chon Buri
    $395,000
    1 Bedroom
    1
    Bathroom
    840 Sqft
    Size
    31
    Floor
    May 2009
    Completed
    9
    Sale Price
    $395,000

    About This Condo

    This property is a 840 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Na Chom Thian, Pattaya and was completed in May 2009. You can buy this condo for a base price of $395,000 ($470/Sqft).

    Features

    BalconyBalcony BathtubBathtub TVTV

    Basic Information

    Date Listed Sep 21, 2021
    Updated 3 years ago
    Property Type Condo
    Floor 31
    Bedroom 1
    Size 840 Sqft
    Price per Sqft $470
    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%.

    Thai 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.
    $68/mo
    Listed By
    Each listing provided by partnered agents is individually verified by AsiaVillas. Partner Agents work for different brokerages or property management companies but have teamed up with AsiaVillas so that we can provide you a wider choice of properties
    Agent / Partner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1032984

    Investment Opportunity: Charges & Yield

    Sale Price
    $395,000
    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.
    $68/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.
    25
    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 Ocean Portofino, and the current sales price.
    4%

    Project Details

    Project Name: Ocean Portofino
    Developer: Ocean Property
    Construction: Completed (May 2009)
    Floors: 36
    Buildings: 1
    Units: 268
    Project Area: 43,056 Sqft
    Nearest Landmark Na Jomtien Beach South - 2.7 Km
    Location: Na Chom Thian, Pattaya
    Ocean Portofino Project Details

    Project Features

    Hotel Managed Hotel Managed
    Communal Pool Communal Pool
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Indoor Kids Zone Indoor Kids Zone
    Car Parking Car Parking
    Steam Room Steam Room
    Direct Beach Access Direct Beach Access
    Reception / Lobby Area Reception / Lobby Area
    BBQ Area BBQ Area
    Communal Garden Area Communal Garden Area
    Key card access Key card access

    Popular Facilities at Ocean Portofino

    • All
    • Leisure
    3
    • Communal Pool
      Ground Floor
    • Communal Garden Area
      1st Floor

    Available Units at Ocean Portofino

    For Sale 4 For Rent 7
    • All
    • 1 Bed
    Get notified when new homes are being added to Ocean Portofino
    View All (4)

    Loan Calculator

    Payment Plan

    Installment Milestone Payment
    Reservation Deposit
    Immediately
    $2,890
    1st Installment
    Upon contract signing
    20%
    2nd Installment
    On handover
    80%

    Frequently Asked Questions

    No pets are allowed at Ocean Portofino 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 $1 per square meter based on the size of indoor area of the property and is $68 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 Ocean Portofino the required payment for the sinking fund is $15 per square meter based on the size of the indoor area of the property.
    Na Jomtien Beach South is the nearest Beach from Ocean Portofino and it is 2.7 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 Ocean Portofino you have to follow these steps:

    • - Agreement of terms and conditions
    • - Reservation Agreement
    • - Reservation Deposit
    • - Sales and Purchase Agreement
    • - Settlement & Transfer

     


    Installment Milestone Payment
    Reservation Deposit
    Immediately
    $2,890
    1st Installment
    Upon contract signing
    20%
    2nd Installment
    On handover
    80%

    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

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    Pattaya
    Na Chom Thian

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