Unit ID: U1947122
13% Rental Yield
Tenant-Occupied until Jul 10, 2025
Nong Prue, Pattaya, Chon Buri
$24,500
Studio Bedroom
1
Bathroom
334 Sqft
Size
3
Floor
May 1994
Completed

About This Condo

This property is a 334 Sqft studio condo with 1 bathroom that is available for sale. It is part of the project in Nong Prue, Pattaya and was completed in May 1994. You can buy this condo for a base price of $24,500 ($73/Sqft).

Basic Information

Date Listed Oct 9, 2024
Updated 1 month ago
Property Type Condo
Floor 3
Bedroom Studio
Size 334 Sqft
Price per Sqft $73
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%.

Foreign 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.
$18/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1947122

Investment Opportunity: Charges & Yield

Sale Price
$24,500
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.
$18/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.
8
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 condos at Majestic Jomtien Condominium, and the current sales price.
13%

Project Details

Developer: N/A
Construction: Completed (May 1994)
Floors: 5
Buildings: N/A
Units: 179
Project Area: N/A
Nearest Landmark Jomtien Beach Central - 1 Km
Location: Nong Prue, Pattaya
Majestic Jomtien Condominium Project Details

Project Features

Communal Pool Communal Pool
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Close
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Frequently Asked Questions

No pets are allowed at Majestic Jomtien 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 $18 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.
Jomtien Beach Central is the nearest Beach from Majestic Jomtien Condominium and it is 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 Majestic Jomtien 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

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Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

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