1 Bedroom Condo for sale at Aeras

4.17 (1 Review)
Nong Prue, Pattaya, Chon Buri
Unit ID: U73408
5% Rental Yield
฿5,750,000
1 Bedroom
1 Bathroom
46 SqM Size
15 Floor
Aug 2017 Completed

About This Condo

This property is a 46 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Aeras project in Nong Prue, Pattaya and was completed in Aug 2017. You can buy this condo for a base price of ฿5,750,000 (฿125,000/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 15
Bedroom 1
Size 46 SqM
Price per SqM ฿125,000
Condo Ownership

Foreign nationals can be freehold owners of condominium units, in buildings where not 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 that is currently below 49%.

Foreign Quota
Furniture
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) Sea View, Park View, City View, Pool View, 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.
฿1,840/mo
Listed By
Private Owner
Date Listed Apr 28, 2018
Last Updated 1 year ago
Unit ID U73408

Investment Opportunity: Charges & Yield

Sale Price
฿5,750,000
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.
฿1,840/mo
Est. Rent
฿24,000/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 1 bedroom condos at Aeras, and the current sales price.
5%

Project Details

Project Name: Aeras
Developer: The Urban Property
Construction: Completed (Aug 2017)
Floors: 38
Buildings: 2
Units: 333
Project Area: 5,880 SqM
Nearest Landmark Jomtien Beach South
Location: Pattaya, Chon Buri
Aeras Project Details

Project Features

Hotel Managed Hotel Managed
Communal Pool Communal Pool
Jacuzzi Jacuzzi
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
Direct Beach Access Direct Beach Access
Reception / Lobby Area Reception / Lobby Area
Walking / Running Track Walking / Running Track
Yoga Area Yoga Area
Massage Room Massage Room
Indoor Games Room Indoor Games Room
Library / Reading Room Library / Reading Room
Lounge Lounge
Communal Garden Area Communal Garden Area

Popular Facilities at Aeras

  • Communal Pool
    Ground Floor
  • Reception / Lobby Area
    1st Floor
  • Kids Club
    5th Floor
  • Library / Reading Room
    5th Floor

Available Units at Aeras

For Sale 7 For Rent 3
Get notified when new homes are being added to Aeras

Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿20,000
1st Installment
Upon contract signing
20%
3rd Installment
On handover
80%
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Upon contract signing
50%
3rd Installment
On handover
50%

Frequently Asked Questions

No pets are allowed at Aeras 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 ฿40 per square meter based on the size of indoor area of the property and is ฿1,840 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 Aeras the required payment for the sinking fund is ฿550 per square meter based on the size of the indoor area of the property.
Jomtien Beach South is the nearest Beach from Aeras and it is 0 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 Aeras 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
฿20,000
1st Installment
Upon contract signing
20%
3rd Installment
On handover
80%
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Upon contract signing
50%
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

Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Reviews

4.2 out of 5 4.17
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Good condo development near the beach
4.2 Lucinda Mcgruder, Brazil, 3 years ago
I decided to buy it here because I have to move to Pattaya. I think it is a new condo with a beautiful design. The on-site provides a full range of facilities. What is considered outstanding facilities will be the rooftop pool and sky lounge, allowing the best views ever. Besides, there is a leisure garden, kids' room, children's playground, library, etc. It's suitable for all. I bought 1 bedroom, 1 bathroom and it is fully furnished with a large balcony which can be arranged for a small living corner. Generally, I'm very okay and worth the price paid because the condo is beautiful and close to the beach.
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Aeras

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
Location
Nong Prue, Pattaya, Chon Buri
Number of units
1846
Sales Prices
฿1.41M - ฿8.96M
▼ -13.6% underpriced
Monthly Rentals
฿12.1K - ฿70.5K
Year Built
Dec 2013
Completion Status
Completed
Location
Pattaya, Chon Buri, Thailand
Number of units
552
Sales Prices
฿2.96M - ฿18.6M
▼ -10% underpriced
Monthly Rentals
฿15.1K - ฿30.2K
Year Built
Dec 1987
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
299
Sales Prices
฿695K - ฿44.8M
Monthly Rentals
N/A
Year Built
Jul 1993
Completion Status
Completed
Project Name
Trio Gems
Location
Nong Prue, Pattaya, Chon Buri
Number of units
315
Sales Prices
฿1.08M - ฿2.01M
▲ 5.7% overpriced
Monthly Rentals
N/A
Year Built
Apr 2017
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
1846
Sales Prices
฿1.66M - ฿1.8M
▼ -31.5% underpriced
Monthly Rentals
฿8.06K - ฿10.1K
Year Built
May 2014
Completion Status
Completed
Project Name
Cetus Beachfront
Location
Nong Prue, Pattaya, Chon Buri
Number of units
310
Sales Prices
฿5.14M - ฿20.7M
▼ -1.6% underpriced
Monthly Rentals
฿12.1K - ฿75.5K
Year Built
Jun 2015
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
410
Sales Prices
฿1.32M - ฿48.5M
▼ -45% underpriced
Monthly Rentals
฿30.2K
Year Built
Nov 1997
Completion Status
Completed
Project Name
Adare Gardens 2
Location
Nong Prue, Pattaya, Chon Buri
Number of units
9
Sales Prices
฿8.56M
▼ -8% underpriced
Monthly Rentals
฿38.3K
Year Built
May 2007
Completion Status
Completed
Project Name
La Santir
Location
Nong Prue, Pattaya, Chon Buri
Number of units
523
Sales Prices
฿1.66M - ฿17.1M
▼ -19.5% underpriced
Monthly Rentals
฿14.1K - ฿50.4K
Year Built
Nov 2015
Completion Status
Completed
Project Name
Adare Villas
Location
Nong Prue, Pattaya, Chon Buri
Number of units
9
Sales Prices
฿6.29M
Monthly Rentals
฿30.2K
Year Built
Jun 2010
Completion Status
Completed
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