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    1 Bedroom Condo for sale at Paradise Park
    Nong Prue, Pattaya, Chon Buri
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    Sale Price
    $46,200
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    1 Bedroom Condo for sale at Paradise Park
    (6 Reviews)
    Unit ID: U1896256
    7% Rental Yield
    Tenant-Occupied until Nov 30, 2024
    Nong Prue, Pattaya, Chon Buri
    $46,200
    1 Bedroom
    1
    Bathroom
    366 Sqft
    Size
    7
    Floor
    Jun 2012
    Completed
    6
    Sale Price
    $46,200

    About This Condo

    This property is a 366 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Nong Prue, Pattaya and was completed in Jun 2012. You can buy this condo for a base price of $46,200 ($126/Sqft).

    For sale with tenant, condo at Paradise Park, Jomtien Resort
    Room size 34 square meters, 7th floor with pool view Free furniture, rented out at 7,000 baht/month, lease renewed annually, every November.
    Managed by agent, maintenance fee deducted annually, clients rented for over 5 years and plan to continue.
    The common area fee is 35 baht/sqm/month, totaling 14,500 baht/year.
    ⛱️ Nearby locations ⛱️
    7-Eleven 0.2 km
    Lotus Express, Maer Lo Market 0.3 km
    Satit Udomsueksa School 1.8 km
    Akson Technopath School 2.7 km
    Jomtien Hospital 3 km
    Makro South Pattaya 1.5 km
    Lotus South Pattaya 2.3 km J
    omtien Beach 2.5 km T
    erminal 21 10 km
     
     
     
     
     
     

    Features

    BalconyBalcony MicrowaveMicrowave TVTV

    Basic Information

    Date Listed Jul 16, 2024
    Updated 3 months ago
    Property Type Condo
    Floor 7
    Bedroom 1
    Size 366 Sqft
    Price per Sqft $126
    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) Pool 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.
    $35/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1896256

    Investment Opportunity: Charges & Yield

    Sale Price
    $46,200
    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.
    $35/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.
    15
    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 Park, and the current sales price.
    7%

    Project Details

    Project Name: Paradise Park
    Developer: Matrix
    Construction: Completed (Jun 2012)
    Floors: 8
    Buildings: 1
    Units: 507
    Project Area: 17,222 Sqft
    Nearest Landmark Jomtien Beach South - 1.2 Km
    Location: Nong Prue, Pattaya
    Paradise Park Project Details

    Project Features

    Communal Pool Communal Pool
    Communal Gym Communal Gym
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Reception / Lobby Area Reception / Lobby Area
    Back Up Generators Back Up Generators
    Key card access Key card access

    Popular Facilities at Paradise Park

    • All
    • Fitness
    • Leisure
    6
    • Communal Pool
      Ground Floor
    • Communal Gym
      Ground Floor

    Available Units at Paradise Park

    For Sale 8 For Rent 3
    • All
    • 1 Bed
    • 2 Beds
    Get notified when new homes are being added to Paradise Park
    View All (8)

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    Frequently Asked Questions

    No pets are allowed at Paradise Park 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 ฿35 per square meter based on the size of indoor area of the property and is ฿1,190 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 Park the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
    Jomtien Beach South is the nearest Beach from Paradise Park and it is 1.2 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 Park 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

    Reviews

    3.8 out of 5
    Based on
    6 Reviews
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Affordable rental price, it is qaulity and suitable for the price
    Quinton Vasko, Canada, 4 years ago
    I have lived here for 2 years. It is a very nice place to stay. For me, the rental price is not expensive. All rooms are quality and suitable for a good price. The staff is also friendly, and the surrounding is clean. The project provides a high-security system. There is a large swimming pool in the center of the condo and a fully equipped gym. It is easy to access and use. In addition, the location is not far from Jomtien Beach, local markets, and nightlife.
    Affordable, comfortable accommodation
    Johnathan Gowin, United Kingdom, 5 years ago
    I rented a room here. The price is very affordable, but the room looks good with a spacious area. Moreover, the furniture is of quality. There may be an old structure because it was built for a long time. However, the project has always taken care of it, so there aren't many problems. Besides, there are also facilities within the condo, such as a swimming pool, a fitness center, garden, and shop. It also easily accesses Central Festival Pattaya, Pattaya Floating Market, and Jomtien Beach. Overall, I like it. I recommend it.
    Condo near the beach with a large swimming pool
    Jimmy Watson, United Kingdom, 5 years ago
    The room I stay in is a 1 bedroom type, approximately 35 square meters. It is a garden view room. I think it might be too narrow for two people, and more suitable for only one person. The common area includes a large swimming pool and a shuttle bus service that will take you to Jomtien Beach in about 7-8 minutes only. If you want to enjoy a full city, you can rent a motorbike at an affordable price !!
    High-quality condo at an affordable price
    Yumi Park, South Korea, 5 years ago
    It's a high-quality condo at an affordable price. The location is so perfect, which is close to Jomtien beach. It takes only 10 mins walk. Even though it's near Jomtien beach, it's not too close to disturb your privacy. The swimming pool within the project is so large. My room has 1 bedroom. It's fully furnished with a simple design, and also the furniture is high-quality. It's worth every penny.
    Good condo in Jomtien, easy access to the beach
    Clarisa Renegar, United States, 6 years ago
    It is a good relaxing place, just a little away from Pattaya Beach Road and the nightlife venues. It is quiet and comfortable to access. If you're looking for a place for a family with a simple style in the Jomtien Beach area, Paradise Park is an excellent place to stay. The room interior is ok with a simple look but represents modernity. Overall, this condo features complete facilities such as a great vast and large swimming pool, a shady garden, and a reception hall. The people here are friendly. Moreover, Paradise Park has a beautiful landscape. There is a 24-hour security system, and a shuttle bus service to the beach is also available for a fee. It was considered ok for me because it is within walking distance to local markets, fruit stalls, convenience stores, and nightlife venues easily and safely. Everything is ok for real relaxation.
    Large pool !
    Oliver Guinyard, United States, 7 years ago
    Large swimming pool for children and families with an adequate parking lot. The studio room with one bedroom is 35 sq.m, which is quite small, but suitable for living alone. It comes with standard furniture, beds, and wardrobes. The project is close to Jomtien Beach. You can reach fresh markets and convenience stores within walking distance, but the project is quite far from the nightlife.
    Pattaya
    Nong Prue

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