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    2 Bedroom Condo for sale at Siam Ocean View
    Nong Prue, Pattaya, Chon Buri
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    Sale Price
    $202,000
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    2 Bedroom Condo for sale at Siam Ocean View
    (2 Reviews)
    Unit ID: U1060114
    5% Rental Yield
    Nong Prue, Pattaya, Chon Buri
    $202,000
    2 Bedrooms
    2
    Bathrooms
    1,033 Sqft
    Size
    3
    Floor
    Jun 2008
    Completed
    14
    Sale Price
    $202,000

    About This Condo

    This property is a 1,033 Sqft condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Nong Prue, Pattaya and was completed in Jun 2008. You can buy this condo for a base price of $202,000 ($196/Sqft).

    Siam Royal Ocean View is a new 7-story luxury condominium with only 25 units. Developed and built by the same group that gave you Siam Ocean View this project is located on Pratamnak Hill between Pattaya and Jomtien. All 25 units come with high European standard fixtures and fittings and have large balconies with great views. Viewing is highly recommended.

    Basic Information

    Date Listed Feb 21, 2022
    Updated 2 years ago
    Property Type Condo
    Floor 3
    Bedrooms 2
    Size 1,033 Sqft
    Price per Sqft $196
    Pets N/A
    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%.

    N/A
    Furniture
    N/A
    View(s) N/A
    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.
    $111/mo
    Listed By
    Broker Network
    Electricity Price N/A
    Water Price N/A
    Unit ID U1060114

    Investment Opportunity: Charges & Yield

    Sale Price
    $202,000
    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.
    $111/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.
    20
    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 2 bedroom condos at Siam Ocean View, and the current sales price.
    5%

    Project Details

    Project Name: Siam Ocean View
    Developer: N/A
    Construction: Completed (Jun 2008)
    Floors: 7
    Buildings: N/A
    Units: 43
    Project Area: N/A
    Nearest Landmark Pratumnak Beach - 1.1 Km
    Location: Nong Prue, Pattaya
    Siam Ocean View Project Details

    Available Units at Siam Ocean View

    For Sale 4 For Rent 1
    • All
    • 1 Bed
    • 2 Beds
    Get notified when new homes are being added to Siam Ocean View
    View All (4)

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    Frequently Asked Questions

    The common area maintenance fee is ฿40 per square meter based on the size of indoor area of the property and is ฿3,840 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.
    Pratumnak Beach is the nearest Beach from Siam Ocean View and it is 1.1 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 Ocean View 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

    4.9 out of 5
    Based on
    2 Reviews
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    I'm staying here.
    Gerard Stuard, United States, 6 years ago
    I'm staying here. It's a project with a good atmosphere. The common area is clean. What I like the most is the rooftop swimming pool with sun loungers, overlooking a view of the beach and sunset. It's so charming. My one-bedroom unit is very spacious, located on the 3rd floor. The furniture inside the room is excellent and functional. The monthly rental fee is reasonable. Most importantly, it is close to Dongtarn Beach, Jomtien Beach, Pattaya Beach, and other famous places. I have been renting a motorbike to ride around as well.
    I like the modern design
    Gina Leng, China, 6 years ago
    I like the modern design of this project. The condo was completed a long time ago, but it doesn't look outdated at all. It's unbelievable that it was completed in 2008. The pool is clean with sunbeds along the side. There are two room types available from 1 to 2 bedrooms. They are spacious living spaces and furnished with fine furniture. It's modern and splendid. Plus, you can easily access many places. You can walk to Dongtan Beach, Jomtien beach, and the walking street, really convenient!
    Pattaya
    Nong Prue

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