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    2 Bedroom Condo for sale at The Urban Condominium
    Nong Prue, Pattaya, Chon Buri
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    Sale Price
    $254,000
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    2 Bedroom Condo for sale at The Urban Condominium
    (2 Reviews)
    Unit ID: U1399964
    5% Rental Yield
    Nong Prue, Pattaya, Chon Buri
    $254,000
    2 Bedrooms
    2
    Bathrooms
    861 Sqft
    Size
    8
    Floor
    Jun 2009
    Completed
    6
    Sale Price
    $254,000

    About This Condo

    This property is a 861 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 2009. You can buy this condo for a base price of $254,000 ($295/Sqft).

    Features

    BalconyBalcony TVTV

    Basic Information

    Date Listed Jun 26, 2023
    Updated 1 year ago
    Property Type Condo
    Floor 8
    Bedrooms 2
    Size 861 Sqft
    Price per Sqft $295
    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) 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.
    $94/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 U1399964

    Investment Opportunity: Charges & Yield

    Sale Price
    $254,000
    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.
    $94/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 The Urban Condominium, and the current sales price.
    5%

    Project Details

    Project Name: The Urban Condominium
    Developer: The Urban Property
    Construction: Completed (Jun 2009)
    Floors: 8
    Buildings: 3
    Units: 158
    Project Area: N/A
    Nearest Landmark Pattaya Walking Street - 0.8 Km
    Location: Nong Prue, Pattaya
    The Urban Condominium 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
    Sauna Sauna
    Reception / Lobby Area Reception / Lobby Area

    Available Units at The Urban Condominium

    For Sale 7 For Rent 8
    • All
    • 2 Beds
    Get notified when new homes are being added to The Urban Condominium
    View All (7)

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    Frequently Asked Questions

    No pets are allowed at The Urban Condominium 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 $94 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 Urban Condominium the required payment for the sinking fund is $15 per square meter based on the size of the indoor area of the property.
    Pattaya Walking Street is the nearest Tourist Attraction from The Urban Condominium 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 The Urban Condominium 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

    4.8 out of 5
    Based on
    2 Reviews
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Comfortable
    Oliver E., Norway, 6 years ago
    I thought I made the right decision to buy a room here. It is a pretty good price, big fully-furnished unit area. The project facilities are completed, including a gym, a pool, shops, sauna, so comfortable for me. It is also very close to Pattaya Beach, less than 10 minutes walk, so I like to go there. One disadvantage here is that the Central of Pattaya's location may not be very suitable for people who like peace. There will be some noise from outside; you will definitely like it here if you're a party lover like me.
    Great condo for urban escape
    Myrle Hansen, Finland, 7 years ago
    Recently, I just visited Pattaya city for a few nights, so I had a chance to stay here. I would say this place is worth the price. The room that I stayed in is a studio unit, which is pretty large. It's enough for one or two people. Although the condition of the condo doesn't look like a brand-new condo, it's well maintained. I wish the swimming pool were on the rooftop, so I can enjoy the view of Pattaya city. Overall, the condo is quite great. For almost a week during the stay, I haven't found any problem. The condo is in the city's prime area, so it's easy to get around. It takes only 10 mins to Pattaya beach, where I can enjoy wandering around. For those who like the peaceful atmosphere, you can walk up to the North of the beach, but I usually walk down the South because there are many restaurants and souvenir shops, where I found it enjoyable. It's not far from the Central Festival Shopping Mall, just 15 mins walking, and it also takes less than 5 mins driving. I quite like this place as the price is affordable. Also, Pattaya city is another interesting place for an urban escape as it takes only 1 hr. from BKK, super convenient!
    Pattaya
    Nong Prue

    Neighborhood Overview

    Location and Neighborhood

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