Unit ID: U23843
7% Rental Yield
Nong Prue, Pattaya, Chon Buri
$244,000 $259,000
2 Bedrooms
2
Bathrooms
990 Sqft
Size
13
Floor
Feb 2016
Completed

About This Condo

This property is a 990 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 Feb 2016. You can buy this condo for a base price of $244,000 ($247/Sqft).

Unparalleled Luxury in The Peak Towers: 92sqm Condo w/ 2BR + 2BA

For sale is this exquisite 92-square-meter condo located in The Peak Towers, Nong Prue in Chon Buri, Thailand. This dynamic dwelling is exquisitely designed, released in February of 2016, and boasts two bedrooms and two bathrooms to provide a lavish living.The charming condo is and was specifically constructed with all the comforts of home in mind. Every room emits a cozy ambiance of quality craftsmanship and comfort you'd expect from a unique abode. The charm and beauty of the condo cannot be understated, as its modern and contemporary attributes will leave you in a state of awe. No detail has been spared, as premium materials and sleek finishes adorn every corner of this majestic flat. The dining area is perfect for entertaining guests and hosting memorable dinner parties. The bedrooms are quite spacious and have been designed with great precision offering a range of spectacular features including big windows, clever storage solutions and provided sun-filled integration and a naturally well-lit area. The two bathrooms boast attractive designs and high-end textures, providing comfort and luxury to the abode.For those seeking quality and refinement, this stellar flat is on offer for a base price of ฿8,490,000, equating to ฿92,283 per-square-meter. This inviting property deserves to be explored further, so why not enquire today to discover even more of its exceptional features?

Features

BalconyBalcony MicrowaveMicrowave TVTV

Basic Information

Date Listed Mar 25, 2020
Updated 7 months ago
Property Type Condo
Floor 13
Bedrooms 2
Size 990 Sqft
Price per Sqft $247
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) Sea 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.
$119/mo
Listed By
Private Owner
Electricity Price Government Rate
Water Price Government Rate
Unit ID U23843

Investment Opportunity: Charges & Yield

Sale Price
$244,000
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.
$119/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.
14
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.
7%

Project Details

Project Name: The Peak Towers
Construction: Completed (Feb 2016)
Floors: 30
Buildings: 2
Units: 474
Project Area: 43,056 Sqft
Nearest Landmark Cozy Beach - 0.3 Km
Location: Nong Prue, Pattaya
The Peak Towers Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
Bar Bar
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
BBQ Area BBQ Area
Communal Garden Area Communal Garden Area

Popular Facilities at The Peak Towers

  • Reception / Lobby Area
    1st Floor
  • Communal Pool
    2nd Floor
  • Communal Gym
    2nd Floor

Available Units at The Peak Towers

For Sale 88 For Rent 16
Available Units at The Peak Towers
$60,400
$187/Sqft
Beds Studio Beds
Baths 1 Baths
Size 323 Sqft Size
Floor 20 Floor
Foreign Quota Unfurnished Sea View
Available Units at The Peak Towers
$63,300
$196/Sqft
Beds 1 Beds
Baths 1 Baths
Size 323 Sqft Size
Floor 6 Floor
Thai Quota Partly Furnished Sea View
Updated 2 days ago
Available Units at The Peak Towers
$74,300$90,600
$216/Sqft
Great Price
Beds Studio Beds
Baths 1 Baths
Size 344 Sqft Size
Floor 18 Floor
Thai Quota Unfurnished Sea View
Updated 3 days ago
Available Units at The Peak Towers
$109,000
$236/Sqft
Beds 1 Beds
Baths 1 Baths
Size 463 Sqft Size
Floor 24 Floor
Thai Quota Fully Furnished Sea View
Available Units at The Peak Towers
$64,000
$187/Sqft
Beds Studio Beds
Baths 1 Baths
Size 342 Sqft Size
Floor 5 Floor
Thai Quota Fully Furnished City View
Available Units at The Peak Towers
$114,000
$246/Sqft
Beds 1 Beds
Baths 1 Baths
Size 463 Sqft Size
Floor 14 Floor
Thai Quota Partly Furnished Sea View
Available Units at The Peak Towers
$253,000
$256/Sqft
Beds 2 Beds
Baths 2 Baths
Size 990 Sqft Size
Floor 18 Floor
Thai Quota Fully Furnished Sea View
Available Units at The Peak Towers
$285,000
$294/Sqft
Beds 2 Beds
Baths 2 Baths
Size 969 Sqft Size
Floor 11 Floor
Thai Quota Fully Furnished Sea View
Available Units at The Peak Towers
$245,000
$247/Sqft
Beds 2 Beds
Baths 2 Baths
Size 990 Sqft Size
Floor 15 Floor
Thai Quota Fully Furnished Sea View
Available Units at The Peak Towers
$69,100
$214/Sqft
Great Price
Beds 1 Beds
Baths 1 Baths
Size 323 Sqft Size
Floor 12 Floor
Thai Quota Fully Furnished City View
Available Units at The Peak Towers
$244,000$259,000
$247/Sqft
Beds 2 Beds
Baths 2 Baths
Size 990 Sqft Size
Floor 13 Floor
Thai Quota Fully Furnished Sea View
Available Units at The Peak Towers
$105,000$115,000
$226/Sqft
Great Price
Beds 1 Beds
Baths 1 Baths
Size 463 Sqft Size
Floor 26 Floor
Thai Quota Unfurnished Sea View
Available Units at The Peak Towers
$244,000$265,000
$247/Sqft
Beds 2 Beds
Baths 1 Baths
Size 990 Sqft Size
Floor 12 Floor
Thai Quota Fully Furnished Sea View
Available Units at The Peak Towers
$106,000
$229/Sqft
Beds 1 Beds
Baths 1 Baths
Size 463 Sqft Size
Floor 11 Floor
Leasehold Fully Furnished Sea View
Available Units at The Peak Towers
$135,000
$203/Sqft
Beds 1 Beds
Baths 1 Baths
Size 667 Sqft Size
Floor 7 Floor
Leasehold Sea View
Available Units at The Peak Towers
$97,400
$294/Sqft
Beds 1 Beds
Baths 1 Baths
Size 331 Sqft Size
Floor 21 Floor
Thai Quota Fully Furnished City View
Available Units at The Peak Towers
$123,000
$267/Sqft
Great Price
Beds 1 Beds
Baths 1 Baths
Size 460 Sqft Size
Floor 4 Floor
Thai Quota Fully Furnished City View
Available Units at The Peak Towers
$199,000
$200/Sqft
Beds 2 Beds
Baths 2 Baths
Size 990 Sqft Size
Floor 5 Floor
Leasehold Fully Furnished Sea View
Available Units at The Peak Towers
$244,000
$247/Sqft
Great Price
Beds 2 Beds
Baths 2 Baths
Size 990 Sqft Size
Floor 20 Floor
Thai Quota Partly Furnished Sea View
Available Units at The Peak Towers
$244,000
$247/Sqft
Beds 2 Beds
Baths 2 Baths
Size 990 Sqft Size
Floor 13 Floor
Fully Furnished Sea View
Available Units at The Peak Towers
$90,800
$281/Sqft
Beds Studio Beds
Baths 1 Baths
Size 323 Sqft Size
Floor 13 Floor
Thai Quota Fully Furnished City View
Available Units at The Peak Towers
$123,000
$267/Sqft
Beds 1 Beds
Baths 1 Baths
Size 460 Sqft Size
Floor 3 Floor
Thai Quota Fully Furnished City View
Available Units at The Peak Towers
$90,800
$281/Sqft
Beds Studio Beds
Baths 1 Baths
Size 324 Sqft Size
Floor 12 Floor
Thai Quota Fully Furnished City View
Available Units at The Peak Towers
$123,000
$267/Sqft
Beds 1 Beds
Baths 1 Baths
Size 460 Sqft Size
Floor 5 Floor
Thai Quota Fully Furnished City View
Available Units at The Peak Towers
$90,800
$281/Sqft
Beds Studio Beds
Baths 1 Baths
Size 323 Sqft Size
Floor 16 Floor
Thai Quota Fully Furnished City View
Available Units at The Peak Towers
$123,000
$267/Sqft
Beds 1 Beds
Baths 1 Baths
Size 460 Sqft Size
Floor 4 Floor
Thai Quota Fully Furnished City View
Available Units at The Peak Towers
$90,800
$281/Sqft
Beds Studio Beds
Baths 1 Baths
Size 323 Sqft Size
Floor 19 Floor
Thai Quota Fully Furnished City View
Available Units at The Peak Towers
$90,800
$281/Sqft
Beds Studio Beds
Baths 1 Baths
Size 324 Sqft Size
Floor 13 Floor
Thai Quota Fully Furnished City View
Available Units at The Peak Towers
$123,000
$267/Sqft
Beds 1 Beds
Baths 1 Baths
Size 460 Sqft Size
Floor 3 Floor
Thai Quota Fully Furnished City View
Available Units at The Peak Towers
$123,000
$267/Sqft
Beds 1 Beds
Baths 1 Baths
Size 460 Sqft Size
Floor 5 Floor
Thai Quota Fully Furnished City View
Get notified when new homes are being added to The Peak Towers
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Frequently Asked Questions

No pets are allowed at The Peak Towers 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 $119 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 The Peak Towers the required payment for the sinking fund is $14 per square meter based on the size of the indoor area of the property.
Cozy Beach is the nearest Beach from The Peak Towers and it is 0.3 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 Peak Towers you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


Installment Milestone Payment
Reservation Deposit
Immediately
$1,440
1st Installment
On contract with in 14 days
15%
2nd Installment
After 1 montg
35%
3rd Installment
On handover
50%

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 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Nice room with sea view and city view.
Aranya T., Thailand, 4 years ago
My room is in a 1-bedroom type with a balcony opening to a sea view. which helps me a lot to be relaxed. It helps me relieve stress very well after admiring the breathtaking scenery. I'm also impressed by the services offered. The staff takes good care of the residents, and the security system works well as there are security guards and a door lock, which makes me feel safe and secured when I leave the room for a business trip. The parking space is also sufficient, so I have never had a problem when coming back late at night. The common area is inviting, including a rooftop swimming pool for a sea view, a lobby for a resting area, which is quite private. The restaurant in the project offers a wide range of tasty food. Besides, the location is in a touristy area full of restaurants, bars, and JomTien Beach, just 10 minutes away. It's convenient to get around and to enjoy my vacation.
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Peak Towers

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
The Elegance
Location
Nong Prue, Pattaya, Chon Buri
Number of units
79
Sales Prices
$56.11K - $466.15K
▼ -36% underpriced
Monthly Rentals
N/A
Year Built
Jul 2015
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
77
Sales Prices
$661.82K - $2.87M
▼ -16% underpriced
Monthly Rentals
$2.59K
Year Built
May 2005
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
216
Sales Prices
$114.81K - $351.48K
▲ 5.6% overpriced
Monthly Rentals
$489 - $2.45K
Year Built
Dec 2019
Completion Status
Completed
Project Name
Cosy Beach View
Location
Nong Prue, Pattaya, Chon Buri
Number of units
297
Sales Prices
$56.09K - $406.38K
▼ -10.3% underpriced
Monthly Rentals
$719 - $1.01K
Year Built
Nov 2014
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
123
Sales Prices
$86.04K - $195.67K
▼ -14% underpriced
Monthly Rentals
$719 - $1.73K
Year Built
May 2009
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
126
Sales Prices
$120.85K - $201.42K
▼ -19% underpriced
Monthly Rentals
$748 - $1.15K
Year Built
May 2012
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
87
Sales Prices
$57.52K - $183.87K
▼ -6% underpriced
Monthly Rentals
N/A
Year Built
May 2013
Completion Status
Completed
Project Name
Aurora Pratumnak
Location
Nong Prue, Pattaya, Chon Buri
Number of units
117
Sales Prices
$57.55K - $158.26K
▼ -19.5% underpriced
Monthly Rentals
$460 - $662
Year Built
Nov 2016
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
73
Sales Prices
$92.08K - $212.93K
Monthly Rentals
$432 - $575
Year Built
Dec 2016
Completion Status
Completed
Project Name
Nordic Residence
Location
Nong Prue, Pattaya, Chon Buri
Number of units
51
Sales Prices
$140.71K
▼ -48% underpriced
Monthly Rentals
N/A
Year Built
Dec 2007
Completion Status
Completed
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