Unit ID: U1927384
10% Rental Yield
Nong Prue, Pattaya, Chon Buri
Sold
Studio Bedroom
1
Bathroom
280 Sqft
Size
3
Floor
Aug 2017
Completed

About This Apartment

This property is a 280 Sqft studio apartment with 1 bathroom that is available for sale. It is part of the project in Nong Prue, Pattaya and was completed in Aug 2017. You can buy this apartment for a base price of $30,700 ($110/Sqft).

Basic Information

Date Listed Sep 11, 2024
Updated 4 weeks ago
Property Type Apartment
Floor 3
Bedroom Studio
Size 280 Sqft
Price per Sqft $110
Pets Not Allowed
Apartment 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) Blocked 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.
$57/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 U1927384

Investment Opportunity: Charges & Yield

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.
$57/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 based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other studio apartments at New Nordic VIP 6, and the current sales price.
10%

Project Details

Project Name: New Nordic VIP 6
Developer: N/A
Construction: Completed (Aug 2017)
Floors: 7
Buildings: N/A
Units: 62
Project Area: N/A
Nearest Landmark Cozy Beach - 0.6 Km
Location: Nong Prue, Pattaya
New Nordic VIP 6 Project Details

Project Features

Communal Pool Communal Pool
24H Security 24H Security
Car Parking Car Parking
Communal Garden Area Communal Garden Area
Key card access Key card access
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Frequently Asked Questions

No pets are allowed at New Nordic VIP 6 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 $2 per square meter based on the size of indoor area of the property and is $57 for this apartment. 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.
Cozy Beach is the nearest Beach from New Nordic VIP 6 and it is 0.6 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 New Nordic VIP 6 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
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby New Nordic VIP 6

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
New Nordic VIP 1
Location
Nong Prue, Pattaya, Chon Buri
Number of units
16
Sales Prices
$35.11K
Monthly Rentals
$293 - $439
Year Built
Dec 2011
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
89
Sales Prices
$58.52K
Monthly Rentals
$234
Year Built
Aug 2015
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
200
Sales Prices
$35.11K - $57.06K
Monthly Rentals
N/A
Year Built
Jul 2014
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
87
Sales Prices
$58.49K
▼ -6% underpriced
Monthly Rentals
N/A
Year Built
May 2013
Completion Status
Completed
Project Name
New Nordic VIP 5
Location
Nong Prue, Pattaya, Chon Buri
Number of units
71
Sales Prices
$33.65K - $231.15K
Monthly Rentals
N/A
Year Built
Jan 2013
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
126
Sales Prices
$122.89K - $204.82K
▼ -19% underpriced
Monthly Rentals
$761 - $1.17K
Year Built
May 2012
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
57
Sales Prices
$46.52K - $117.01K
Monthly Rentals
N/A
Year Built
Dec 2007
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
78
Sales Prices
$115.55K - $175.56K
▼ -3% underpriced
Monthly Rentals
$951
Year Built
Nov 2010
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
190
Sales Prices
$37.16K - $93.63K
▼ -3.6% underpriced
Monthly Rentals
N/A
Year Built
Dec 2015
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
218
Sales Prices
$156.69K - $199.89K
▲ 15% overpriced
Monthly Rentals
N/A
Year Built
Dec 2016
Completion Status
Completed
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