Unit ID: U1984779
5% Rental Yield
Na Chom Thian, Pattaya, Chon Buri
$322,000
1 Bedroom
2
Bathrooms
947 Sqft
Size
5
Floor
May 2009
Completed

About This Condo

This property is a 947 Sqft condo with 1 bedroom and 2 bathrooms 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 $322,000 ($340/Sqft) and it is also available for long term rentals starting from $1,320 per month.

Large one bedroom unit with sunset

Beautiful one large bedroom at Ocean Portifino 88 sqm.  One bedroom 2 bathrooms 

Features

BeachfrontBeachfront

Basic Information

Date Listed Dec 15, 2024
Updated 1 day ago
Property Type Condo
Floor 5
Bedroom 1
Size 947 Sqft
Price per Sqft $340
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
Unfurnished
View(s) N/A
Unit Type N/A
Building Ocean Portofino
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.
$77/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1984779

Investment Opportunity: Charges & Yield

Sale Price
$322,000
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.
$77/mo
Rent
$1,320/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.
20
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

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

  • Communal Pool
    Ground Floor
  • Communal Garden Area
    1st Floor

Available Units at Ocean Portofino

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

Loan Calculator

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 $77 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
$2,930
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

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Ocean Portofino

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
Na Chom Thian, Sattahip, Chon Buri
Number of units
132
Sales Prices
$456.9K
▼ -20% underpriced
Monthly Rentals
$3.81K
Year Built
Jun 2014
Completion Status
Completed
Location
Na Chom Thian, Sattahip, Chon Buri
Number of units
460
Sales Prices
$161.09K - $4.39M
▼ -6.9% underpriced
Monthly Rentals
$879 - $7.32K
Year Built
Nov 2014
Completion Status
Completed
Location
Na Chom Thian, Sattahip, Chon Buri
Number of units
357
Sales Prices
$105.15K - $380.75K
Monthly Rentals
$732
Year Built
Dec 1995
Completion Status
Completed
Location
Na Chom Thian, Sattahip, Chon Buri
Number of units
N/A
Sales Prices
$369.96K - $878.66K
Monthly Rentals
$2.61K - $4.1K
Year Built
Jan 2017
Completion Status
Completed
Location
Na Chom Thian, Sattahip, Chon Buri
Number of units
264
Sales Prices
$133.26K - $2.24M
Monthly Rentals
N/A
Year Built
Jul 2026
Completion Status
Off Plan
Project Name
Royal Residence 1
Location
Na Chom Thian, Sattahip, Chon Buri
Number of units
75
Sales Prices
$105.44K
Monthly Rentals
$674
Year Built
Jan 2009
Completion Status
Completed
Project Name
Somphong Condotel
Location
Na Chom Thian, Sattahip, Chon Buri
Number of units
140
Sales Prices
$35.15K - $175.73K
Monthly Rentals
$205
Year Built
Jun 1995
Completion Status
Completed
Location
Na Chom Thian, Sattahip, Chon Buri
Number of units
60
Sales Prices
$336.82K - $415.16K
▼ -49% underpriced
Monthly Rentals
$1.17K
Year Built
Jan 2000
Completion Status
Completed
Location
Na Chom Thian, Sattahip, Chon Buri
Number of units
119
Sales Prices
$205.58K - $451.04K
Monthly Rentals
N/A
Year Built
Dec 2022
Completion Status
Completed
Project Name
Bayphere Pattaya
Location
Na Chom Thian, Sattahip, Chon Buri
Number of units
174
Sales Prices
$117.15K
▼ -1% underpriced
Monthly Rentals
$3.25K
Year Built
Nov 2018
Completion Status
Completed
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