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    2 Bedroom Condo for sale at The Zea Sriracha
    Bang Phra, Pattaya, Chon Buri
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    Sale Price
    $217,000
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    2 Bedroom Condo for sale at The Zea Sriracha
     (Write Review)
    Unit ID: U896940
    6% Rental Yield
    Bang Phra, Pattaya, Chon Buri
    $217,000
    2 Bedrooms
    2
    Bathrooms
    756 Sqft
    Size
    15
    Floor
    Dec 2017
    Completed
    24
    Sale Price
    $217,000

    About This Condo

    This property is a 756 Sqft condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Bang Phra, Pattaya and was completed in Dec 2017. You can buy this condo for a base price of $217,000 ($287/Sqft) and it is also available for long term rentals starting from $1,040 per month.

    Features

    BalconyBalcony MicrowaveMicrowave

    Basic Information

    Date Listed May 21, 2021
    Updated 1 year ago
    Property Type Condo
    Floor 15
    Bedrooms 2
    Size 756 Sqft
    Price per Sqft $287
    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
    N/A
    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.
    $91/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U896940

    Investment Opportunity: Charges & Yield

    Sale Price
    $217,000
    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.
    $91/mo
    Rent
    $1,040/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.
    17
    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.
    6%

    Project Details

    Project Name: The Zea Sriracha
    Developer: Wealth Developer Co., Ltd.
    Construction: Completed (Dec 2017)
    Floors: 39
    Buildings: N/A
    Units: 585
    Project Area: 60,665 Sqft
    Nearest Landmark Koh Loy Ko Sichang Ferry Port - 2.7 Km
    Location: Bang Phra, Pattaya
    The Zea Sriracha 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)
    Indoor Kids Zone Indoor Kids Zone
    Car Parking Car Parking
    Steam Room Steam Room
    Sauna Sauna
    Reception / Lobby Area Reception / Lobby Area
    Co-Working Space / Meeting Room Co-Working Space / Meeting Room
    Library / Reading Room Library / Reading Room
    Communal Garden Area Communal Garden Area
    Key card access Key card access

    Available Units at The Zea Sriracha

    For Sale 8 For Rent 12
    • All
    • 1 Bed
    • 2 Beds
    • 3 Beds
    Get notified when new homes are being added to The Zea Sriracha
    View All (8)

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    Frequently Asked Questions

    No pets are allowed at The Zea Sriracha 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 $91 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 Zea Sriracha the required payment for the sinking fund is $15 per square meter based on the size of the indoor area of the property.
    Koh Loy Ko Sichang Ferry Port is the nearest Pier from The Zea Sriracha and it is 2.7 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 Zea Sriracha 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

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    Pattaya
    Bang Phra

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