Unit ID: U1695618
8% Rental Yield
Nong Prue, Pattaya, Chon Buri
$52,000
1 Bedroom
1
Bathroom
388 Sqft
Size
5
Floor
May 2010
Completed

About This Condo

This property is a 388 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 May 2010. You can buy this condo for a base price of $52,000 ($134/Sqft).

Features

BalconyBalcony

Basic Information

Date Listed Nov 22, 2023
Updated 6 months ago
Property Type Condo
Floor 5
Bedroom 1
Size 388 Sqft
Price per Sqft $134
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
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 Building 4
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.
$42/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 U1695618

Investment Opportunity: Charges & Yield

Sale Price
$52,000
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.
$42/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.
12
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 Park Lane Jomtien, and the current sales price.
8%

Project Details

Project Name: Park Lane Jomtien
Developer: Matrix
Construction: Completed (May 2010)
Floors: 8
Buildings: 5
Units: 608
Project Area: 120,556 Sqft
Nearest Landmark Dong Tarn Beach - 1.6 Km
Location: Nong Prue, Pattaya
Park Lane Jomtien Project Details

Project Features

On Site Restaurant On Site Restaurant
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
Communal Garden Area Communal Garden Area

Popular Facilities at Park Lane Jomtien

  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor
  • On Site Restaurant
    Ground Floor

Available Units at Park Lane Jomtien

For Sale 8 For Rent 2
Get notified when new homes are being added to Park Lane Jomtien
View All (8)

Loan Calculator

Frequently Asked Questions

No pets are allowed at Park Lane Jomtien 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 $42 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.
Dong Tarn Beach is the nearest Beach from Park Lane Jomtien and it is 1.6 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 Park Lane Jomtien 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

3.5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Large lagoon swimming pool, close to Jomtien Beach
Delana Drees, Germany, 7 years ago
Outstanding condominium! The swimming pool is lovely and suitable for kids. It's quite comfortable to sunbath too as the sunbeds are placed around the pool. The location is ideal, just a short walk to convenience stores and restaurants and only 10 minutes to the beach! The atmosphere is pleasant as it's in the town's bustling area, but it isn't difficult to get around. The room is well decorated, the bedroom is with an en-suite bathroom. Besides, there is a balcony with a pool view. The staff here is nice and helpful. The downside is the lack of parking space here. On some days, I have to park by the road. The owner doesn't maintain the room very well, so it looks old.
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Park Lane Jomtien

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
Project Name
Paradise Park
Location
Nong Prue, Pattaya, Chon Buri
Number of units
507
Sales Prices
$41.89K - $99.66K
▲ 27% overpriced
Monthly Rentals
$231 - $289
Year Built
Jun 2012
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
179
Sales Prices
$24.55K - $54.89K
▼ -46% underpriced
Monthly Rentals
$144 - $347
Year Built
May 1994
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
440
Sales Prices
$69.3K - $303.32K
▼ -18.4% underpriced
Monthly Rentals
$404 - $1.16K
Year Built
Dec 2023
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
526
Sales Prices
$51.71K - $115.55K
▲ 17% overpriced
Monthly Rentals
$260 - $462
Year Built
Jan 2019
Completion Status
Completed
Project Name
Amazon Residence
Location
Nong Prue, Pattaya, Chon Buri
Number of units
795
Sales Prices
$44.78K - $129.99K
▼ -6% underpriced
Monthly Rentals
$260 - $1.01K
Year Built
Dec 2014
Completion Status
Completed
Project Name
Baan Fah Rim Haad
Location
Nong Prue, Pattaya, Chon Buri
Number of units
91
Sales Prices
$288.87K - $346.65K
Monthly Rentals
$1.3K - $1.39K
Year Built
Dec 2004
Completion Status
Completed
Project Name
Embassy Pattaya
Location
Nong Prue, Pattaya, Chon Buri
Number of units
474
Sales Prices
$95.04K - $219.26K
Monthly Rentals
$231
Year Built
Jun 2027
Completion Status
Off Plan
Location
Nong Prue, Pattaya, Chon Buri
Number of units
1100
Sales Prices
$46.22K - $635.52K
▼ -4.5% underpriced
Monthly Rentals
$289 - $1.01K
Year Built
Dec 2015
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
606
Sales Prices
$121.33K - $941.73K
Monthly Rentals
N/A
Year Built
Oct 2027
Completion Status
Off Plan
Location
Nong Prue, Pattaya, Chon Buri
Number of units
1500
Sales Prices
$68.46K - $1.06M
▼ -4.1% underpriced
Monthly Rentals
N/A
Year Built
Dec 2023
Completion Status
Completed
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