Unit ID: U75405
8% Rental Yield
Nong Prue, Pattaya, Chon Buri
$80,900
1 Bedroom
1
Bathroom
394 Sqft
Size
2
Floor
Apr 2014
Completed

About This Condo

This property is a 394 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 Apr 2014. You can buy this condo for a base price of $80,900 ($205/Sqft) and it is also available for long term rentals starting from $522 per month.

Features

BalconyBalcony

Basic Information

Date Listed May 25, 2018
Updated 4 years ago
Property Type Condo
Floor 2
Bedroom 1
Size 394 Sqft
Price per Sqft $205
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) Park 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.
$48/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U75405

Investment Opportunity: Charges & Yield

Sale Price
$80,900
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.
$48/mo
Rent
$522/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.
13
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
8%

Project Details

Developer: N/A
Construction: Completed (Apr 2014)
Floors: 8
Buildings: N/A
Units: 169
Project Area: 23,508 Sqft
Nearest Landmark Central Festival Pattaya Beach - 1.4 Km
Location: Nong Prue, Pattaya
The Chezz Metro Life Condo Project Details

Project Features

Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Steam Room Steam Room
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Communal Garden Area Communal Garden Area

Available Units at The Chezz Metro Life Condo

For Sale 12 For Rent 8
Get notified when new homes are being added to The Chezz Metro Life Condo
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Frequently Asked Questions

No pets are allowed at The Chezz Metro Life Condo 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 $48 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.
Central Festival Pattaya Beach is the nearest Shopping Mall from The Chezz Metro Life Condo and it is 1.4 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 The Chezz Metro Life Condo 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
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Excellent location
Christian P., Norway, 4 years ago
The location is excellent near Big C Extra Central Pattaya Branch also the Central Festival Pattaya, and Pattaya Beach within walking distance. The condo area is considered quiet, even in the center of Pattaya. The property has complete facilities with a shady atmosphere. The room I bought was a spacious 2-bedroom with well-decorated furniture. Overall, I totally like this property. It is an enjoyable place to live.
A nice condo!
Panitta W., Thailand, 7 years ago
I rented this 2 bedroom unit as the living space is perfect for my lifestyle. Another reason I rented this condo is that this condo is located in a good location, has convenient transportation, close to shops, department stores, restaurants, and other amenities. In addition, there are complete facilities within the project, such as a swimming pool, a fitness center. The sauna room is very impressive. I like it very much! I am also very satisfied with the security system here and feel very comfortable. I'm very impressed!
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Chezz Metro Life Condo

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
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Year Built
Completion Status
Project Name
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Location
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Number of units
55
Sales Prices
$179.1K - $327.29K
▼ -0.7% underpriced
Monthly Rentals
$722 - $1.88K
Year Built
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Completion Status
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Project Name
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Number of units
158
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$63.55K - $346.65K
▼ -9.3% underpriced
Monthly Rentals
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Year Built
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Completion Status
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Project Name
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Location
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Number of units
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Monthly Rentals
N/A
Year Built
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Completion Status
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Location
Nong Prue, Pattaya, Chon Buri
Number of units
N/A
Sales Prices
$52K
▼ -31% underpriced
Monthly Rentals
N/A
Year Built
May 2015
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
79
Sales Prices
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Monthly Rentals
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Project Name
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Location
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▼ -12.3% underpriced
Monthly Rentals
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Completion Status
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Location
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Sales Prices
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Monthly Rentals
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Completion Status
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Number of units
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Sales Prices
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Monthly Rentals
N/A
Year Built
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Completion Status
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Sales Prices
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Year Built
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Completion Status
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