1 Bedroom Condo for sale at Blue Sky Condominium

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Cha-Am, Cha-Am,Phetchaburi
Unit ID: U68207
7% Rental Yield
฿2,900,000 Great Price
1 Bedroom
1 Bathroom
41 SqM Size
6 Floor
Jul 2010 Completed

About This Condo

This property is a 41 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Blue Sky Condominium project in Cha-Am, Phetchaburi and was completed in Jul 2010. You can buy this condo for a base price of ฿2,900,000 (฿70,732/SqM) and it is also available for long term rentals starting from ฿16,000 per month.

Basic Information

Property Type Condo
Floor 6
Bedroom 1
Size 41 SqM
Price per SqM ฿70,732
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%.

Thai Quota
Furniture
Unfurnished
View(s) N/A
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.
N/A
Listed By
Each listing provided by partnered agents is individually verified by FazWaz. Partner Agents work for different brokerages or property management companies but have teamed up with FazWaz so that we can provide you a wider choice of properties
Agent / Partner
Date Listed Mar 16, 2018
Last Updated 2 years ago
Unit ID U68207

Price Analysis

Great Price
Estimated market value ฿4,729,075
Great
฿4,210,000
Good
Fair
Above
฿5,190,000
Current asking Price: ฿2,900,000 | Advertised rental rate: ฿16,000/mo
This condo is ฿1,829,075 BELOW MARKET (-39%) in the Phetchaburi area. It is analyzed against similar condos and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
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Investment Opportunity: Charges & Yield

Sale Price
฿2,900,000
Rent
฿16,000/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.
15
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.
7%

Project Details

Project Name: Blue Sky Condominium
Developer: N/A
Construction: Completed (Jul 2010)
Floors: 6
Buildings: N/A
Units: 24
Project Area: N/A
Nearest Landmark Palm Hill Golf Club Hua Hin
Location: Cha-Am, Phetchaburi
Blue Sky Condominium Project Details

Loan Calculator

Frequently Asked Questions

Palm Hill Golf Club Hua Hin is the nearest Golf from Blue Sky Condominium 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 Blue Sky 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

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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Phetchaburi
Cha-Am

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Blue Sky Condominium

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Number of units
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Year Built
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Location
Number of units
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Cha-Am, Cha-Am, Phetchaburi
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฿11.6M - ฿12.4M
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Number of units
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฿4.02M - ฿111M
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Year Built
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Project Name
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Location
Cha-Am, Cha-Am, Phetchaburi
Number of units
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Sales Prices
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Year Built
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Completion Status
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Project Name
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Location
Cha-Am, Cha-Am, Phetchaburi
Number of units
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Sales Prices
฿2.92M - ฿50.4M
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Monthly Rentals
฿12.1K - ฿131K
Year Built
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Completion Status
Completed
Location
Cha-Am, Cha-Am, Phetchaburi
Number of units
63
Sales Prices
฿17.6M - ฿27.1M
▼ -9% underpriced
Monthly Rentals
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Year Built
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Completion Status
Completed
Location
Cha-Am, Cha-Am, Phetchaburi
Number of units
450
Sales Prices
฿1.7M - ฿8.56M
▼ -31.5% underpriced
Monthly Rentals
N/A
Year Built
Dec 2008
Completion Status
Completed
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