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    1 Bedroom Condo for sale at Paradise Ocean View
    Bang Lamung, Pattaya, Chon Buri
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    Sale Price
    $239,000 $240,000
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    1 Bedroom Condo for sale at Paradise Ocean View
    (1 Review)
    Unit ID: U1164804
    4% Rental Yield
    Bang Lamung, Pattaya, Chon Buri
    $239,000 $240,000
    1 Bedroom
    1
    Bathroom
    713 Sqft
    Size
    5
    Floor
    Nov 2014
    Completed
    6
    Sale Price
    $239,000
    $240,000

    About This Condo

    This property is a 713 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Bang Lamung, Pattaya and was completed in Nov 2014. You can buy this condo for a base price of $239,000 ($335/Sqft).

    Features

    Wet BarWet Bar Corner UnitCorner Unit BalconyBalcony

    Basic Information

    Date Listed Nov 29, 2023
    Updated 1 year ago
    Property Type Condo
    Floor 5
    Bedroom 1
    Size 713 Sqft
    Price per Sqft $335
    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%.

    Foreign Quota
    Furniture
    Built-ins are any items that do not leave the property but remain a part of the permanent structure of a home. This includes any type of permanent appliances, cabinetry, furniture that’s built into the home, such as shelving or benches, and other attached items.
    Built In
    View(s) Sea View
    Unit Type 1BR
    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.
    $97/mo
    Listed By
    Developer
    Electricity Price Government Rate
    Water Price Government Rate
    Unit ID U1164804

    Investment Opportunity: Charges & Yield

    Sale Price
    $239,000
    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.
    $97/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.
    27
    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 Paradise Ocean View, and the current sales price.
    4%

    Project Details

    Project Name: Paradise Ocean View
    Developer: Global Top Group
    Construction: Completed (Nov 2014)
    Floors: 7
    Buildings: 1
    Units: 44
    Project Area: 25,833 Sqft
    Nearest Landmark Ka Ting Lai Beach - 2.2 Km
    Location: Bang Lamung, Pattaya
    Paradise Ocean View 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
    Direct Beach Access Direct Beach Access
    Sauna Sauna
    Reception / Lobby Area Reception / Lobby Area
    Communal Garden Area Communal Garden Area

    Popular Facilities at Paradise Ocean View

    • All
    • Fitness
    • Leisure
    • Convenience
    4
    • Reception / Lobby Area
      1st Floor
    • Communal Pool
      Ground Floor
    • Communal Gym
      2nd Floor

    Available Units at Paradise Ocean View

    For Sale 11 For Rent 2
    • All
    • 1 Bed
    • 2 Beds
    Get notified when new homes are being added to Paradise Ocean View
    View All (11)

    Loan Calculator

    Payment Plan

    Installment Milestone Payment
    1st Installment
    Upon contract signing
    30%
    2nd Installment
    Negotiable
    65%
    3rd Installment
    On handover
    5%

    Frequently Asked Questions

    No pets are allowed at Paradise Ocean View 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 $97 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 Paradise Ocean View the required payment for the sinking fund is $18 per square meter based on the size of the indoor area of the property.
    Ka Ting Lai Beach is the nearest Beach from Paradise Ocean View and it is 2.2 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 Paradise Ocean View you have to follow these steps:

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

     


    Installment Milestone Payment
    1st Installment
    Upon contract signing
    30%
    2nd Installment
    Negotiable
    65%
    3rd Installment
    On handover
    5%

    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

    Reviews

    3.7 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Condo next to the beach with reasonable prices
    Samatha Lang, Austria, 5 years ago
    The condo is next to the beach. I am impressed with this quiet atmosphere every time I visit here. I can gain a lot of new working ideas when I come here. The rooms and buildings are modern luxury designs, providing complete facilities such as an outdoor communal pool, a fitness center, and a sunbathing area by the beach, which is very private. For the security system, it is ok. The guards are always smiling, friendly, and cute. Overall, this is a worthwhile place to stay and suitable for a reasonable price.
    Pattaya
    Bang Lamung

    Neighborhood Overview

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