Unit ID: U36697
10% Rental Yield
Nong Prue, Pattaya, Chon Buri
$102,000
2 Bedrooms
1
Bathroom
861 Sqft
Size
8
Floor
Jun 1988
Completed

About This Condo

This property is a 861 Sqft condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the project in Nong Prue, Pattaya and was completed in Jun 1988. You can buy this condo for a base price of $102,000 ($118/Sqft) and it is also available for long term rentals starting from $816 per month.

Features

BalconyBalcony TVTV

Basic Information

Date Listed Nov 23, 2023
Updated 7 months ago
Property Type Condo
Floor 8
Bedrooms 2
Size 861 Sqft
Price per Sqft $118
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) City View, 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.
$1/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U36697

Investment Opportunity: Charges & Yield

Sale Price
$102,000
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.
$1/mo
Rent
$816/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.
10
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.
10%

Project Details

Project Name: Kieng Talay
Developer: Kieng Talay
Construction: Completed (Jun 1988)
Floors: 15
Buildings: 1
Units: 418
Project Area: 34,445 Sqft
Nearest Landmark Pratumnak Beach - 0.4 Km
Location: Nong Prue, Pattaya
Kieng Talay 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
Indoor Games Room Indoor Games Room
Communal Garden Area Communal Garden Area
Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
Attached Market / Shops Attached Market / Shops
Back Up Generators Back Up Generators

Popular Facilities at Kieng Talay

  • Reception / Lobby Area
    Ground Floor
  • Communal Pool
    2nd Floor
  • Communal Gym
    2nd Floor
  • Communal Garden Area
    2nd Floor
  • Indoor Games Room
    2nd Floor

Available Units at Kieng Talay

For Sale 7 For Rent 3
Get notified when new homes are being added to Kieng Talay
View All (7)

Loan Calculator

Frequently Asked Questions

No pets are allowed at Kieng Talay 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 for properties at Kieng Talay is a fixed amount of $1. This amount 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.
Pratumnak Beach is the nearest Beach from Kieng Talay and it is 0.4 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 Kieng Talay 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

4.5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Aged condo yet Beautiful, Good location
Jered Lez, Russia, 6 years ago
I come to Pattaya every year in the summer and have spent a lot of money renting the condos. Then, I decided to buy a room in this condo. From my research, this condo was built over 30 years ago, but it's not a problem at all cos the condo is well maintained in every aspect. I bought a one-bedroom unit on the 8th floor with a usable area of 80 sq.m. The room is quite large, decorated in a classic style. It's attractive, and I love it. The common areas are good. The pool is spacious and clean. There is a table tennis table in the game room, one in which I frequently play. By the way, I haven't had any issues since moving into this condo. It is in a good location with less than 15 minutes to travel to convenience stores, restaurants, pubs, bars, or shopping malls. Overall, I'm impressed.
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Kieng Talay

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
Laguna Bay 2
Location
Nong Prue, Pattaya, Chon Buri
Number of units
156
Sales Prices
$55.36K - $58.28K
▼ -46% underpriced
Monthly Rentals
N/A
Year Built
Dec 2015
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
400
Sales Prices
$34.97K - $40.76K
▼ -46% underpriced
Monthly Rentals
$175
Year Built
Jul 1995
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
60
Sales Prices
$37.88K - $122.38K
▼ -26.3% underpriced
Monthly Rentals
$699
Year Built
Jun 2008
Completion Status
Completed
Project Name
Nova Ocean View
Location
Nong Prue, Pattaya, Chon Buri
Number of units
78
Sales Prices
$113.64K - $262.24K
▼ -18.5% underpriced
Monthly Rentals
$321 - $1.02K
Year Built
Nov 2011
Completion Status
Completed
Project Name
Arunothai Condo
Location
Nong Prue, Pattaya, Chon Buri
Number of units
66
Sales Prices
$60.37K - $233.1K
▼ -8.3% underpriced
Monthly Rentals
N/A
Year Built
Nov 2016
Completion Status
Completed
Project Name
Laguna Bay 1
Location
Nong Prue, Pattaya, Chon Buri
Number of units
74
Sales Prices
$43.71K - $107.81K
▼ -10.7% underpriced
Monthly Rentals
$524
Year Built
May 2013
Completion Status
Completed
Project Name
Park Royal 3
Location
Nong Prue, Pattaya, Chon Buri
Number of units
140
Sales Prices
$71.39K - $145.69K
▲ 32% overpriced
Monthly Rentals
$379 - $1.14K
Year Built
Mar 2012
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
342
Sales Prices
$145.11K - $447.79K
▲ 5.7% overpriced
Monthly Rentals
$583 - $1.89K
Year Built
Dec 2022
Completion Status
Completed
Project Name
View Talay 3
Location
Nong Prue, Pattaya, Chon Buri
Number of units
1000
Sales Prices
$93.24K - $349.66K
▼ -3.5% underpriced
Monthly Rentals
$364 - $670
Year Built
Jul 2006
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
56
Sales Prices
$772.16K - $815.86K
▲ 19% overpriced
Monthly Rentals
$2.33K
Year Built
Sep 2009
Completion Status
Completed
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