Unit ID: U1982255
9% Rental Yield
Nong Prue, Pattaya, Chon Buri
$108,000
1 Bedroom
1
Bathroom
883 Sqft
Size
5
Floor
Nov 2010
Completed

About This Condo

This property is a 883 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 Nov 2010. You can buy this condo for a base price of $108,000 ($123/Sqft).

Siam Oriental Twins

Siam Oriental Twins - 3.700.000 THB ~ Corner unit.Large 1 Bedroom ~ 82 SQM ~ 2 Balconies ~ FQ.Just 500 meters to Pratamnak beach.PROPERTY DETAILSType: 1 bedroom & 1 bathroomSize: 82 SQMView: Partial Sea & City viewFloor: 5thOwnership : Foreign QuotaTransfer fee & tax : 50/50

Features

TerraceTerrace

Basic Information

Date Listed Dec 9, 2024
Updated 1 week ago
Property Type Condo
Floor 5
Bedroom 1
Size 883 Sqft
Price per Sqft $123
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) Partial Sea View, City 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.
$84/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 U1982255

Investment Opportunity: Charges & Yield

Sale Price
$108,000
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.
$84/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 Siam Oriental Twins, and the current sales price.
9%

Project Details

Project Name: Siam Oriental Twins
Construction: Completed (Nov 2010)
Floors: 7
Buildings: N/A
Units: 78
Project Area: N/A
Nearest Landmark Pratumnak Beach - 0.8 Km
Location: Nong Prue, Pattaya
Siam Oriental Twins 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
Sauna Sauna

Available Units at Siam Oriental Twins

For Sale 4 For Rent 1
Get notified when new homes are being added to Siam Oriental Twins
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Frequently Asked Questions

No pets are allowed at Siam Oriental Twins 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 $84 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 Siam Oriental Twins the required payment for the sinking fund is $12 per square meter based on the size of the indoor area of the property.
Pratumnak Beach is the nearest Beach from Siam Oriental Twins and it is 0.8 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 Siam Oriental Twins 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

4.2 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A place to stay in the heart of Pattaya, near tourist attractions
Roberts Golfie, Australia, 4 years ago
The project is just like the pictures, not different. The common area is complete. Not many neighbors and most of them are foreigners. The main reason I chose this place is the location. It is quite convenient to work and also surrounded by a full range of facilities. And if I want to relax, I can go to various beaches nearby, such as Pratumnak Beach and Dong Tarn Beach.
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Siam Oriental Twins

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
Nong Prue, Pattaya, Chon Buri
Number of units
77
Sales Prices
$39.54K - $93.72K
▲ 27% overpriced
Monthly Rentals
N/A
Year Built
Oct 2013
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
427
Sales Prices
$39.54K - $240.17K
▼ -5% underpriced
Monthly Rentals
$264 - $586
Year Built
Dec 2015
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
57
Sales Prices
$46.57K - $117.12K
Monthly Rentals
$586
Year Built
Dec 2007
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
79
Sales Prices
$93.72K - $289.8K
▼ -25% underpriced
Monthly Rentals
N/A
Year Built
Jun 2014
Completion Status
Completed
Project Name
Narai Place
Location
Nong Prue, Pattaya, Chon Buri
Number of units
N/A
Sales Prices
$351.17K
Monthly Rentals
N/A
Year Built
Feb 2015
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
200
Sales Prices
$46.86K
▼ -12% underpriced
Monthly Rentals
$439 - $732
Year Built
Jan 2000
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
75
Sales Prices
$58.58K
Monthly Rentals
$234
Year Built
N/A
Completion Status
Off Plan
Project Name
New Nordic VIP 5
Location
Nong Prue, Pattaya, Chon Buri
Number of units
71
Sales Prices
$33.68K - $231.38K
Monthly Rentals
N/A
Year Built
Jan 2013
Completion Status
Completed
Project Name
Corrib Village
Location
Nong Prue, Pattaya, Chon Buri
Number of units
19
Sales Prices
$190.38K
Monthly Rentals
$732 - $1.03K
Year Built
Jan 2011
Completion Status
Completed
Project Name
New Nordic VIP 6
Location
Nong Prue, Pattaya, Chon Buri
Number of units
62
Sales Prices
$34.27K - $41K
Monthly Rentals
$351 - $439
Year Built
Aug 2017
Completion Status
Completed
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