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    1 Bedroom Condo for sale at Park Lane Jomtien
    Nong Prue, Pattaya, Chon Buri
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    Sale Price
    $52,000
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    1 Bedroom Condo for sale at Park Lane Jomtien
    (1 Review)
    Unit ID: U1916345
    9% Rental Yield
    Nong Prue, Pattaya, Chon Buri
    $52,000
    1 Bedroom
    1
    Bathroom
    431 Sqft
    Size
    5
    Floor
    May 2010
    Completed
    13
    Sale Price
    $52,000

    About This Condo

    This property is a 431 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 ($121/Sqft).

    Features

    BalconyBalcony

    Basic Information

    Date Listed Aug 26, 2024
    Updated 3 months ago
    Property Type Condo
    Floor 5
    Bedroom 1
    Size 431 Sqft
    Price per Sqft $121
    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
    Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
    Partly Furnished
    View(s) City View
    Unit Type N/A
    Building Building 2
    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.
    $46/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1916345

    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.
    $46/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.
    11
    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.
    9%

    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

    • All
    • Fitness
    • Leisure
    • Convenience
    4
    • Communal Pool
      Ground Floor
    • Communal Gym
      Ground Floor
    • On Site Restaurant
      Ground Floor

    Available Units at Park Lane Jomtien

    For Sale 10 For Rent 1
    • All
    • 1 Bed
    • 2 Beds
    Get notified when new homes are being added to Park Lane Jomtien
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    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 $2 AUD per square meter based on the size of indoor area of the property and is $74 AUD 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

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