1 Bedroom Condo for sale at Olympus City Garden

(1 Review)
Nong Prue, Pattaya, Chon Buri
Unit ID: U61883
6% Rental Yield
1 Bedroom
1 Bathroom
27 SqM Size
3 Floor
Jan 2022 Completed

About This Condo

This property is a 27 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Olympus City Garden project in Nong Prue, Pattaya and was completed in Jan 2022. You can buy this condo for a base price of ฿2,890,000 (฿107,037/SqM).

Features

BalconyBalcony

Basic Information

Date Listed Jan 29, 2018
Updated 3 years ago
Property Type Condo
Floor 3
Bedroom 1
Size 27 SqM
Price per SqM ฿107,037
Pets Not Allowed
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, Thai Quota, Company
Furniture
Unfurnished
View(s) City View, Pool View, Garden View
Unit Type 1 Bedroom
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.
฿1,080/mo
Listed By
Developer
Electricity Price Government Rate
Water Price Government Rate
Unit ID U61883

Price Analysis

Great Price
Estimated market value ฿3,392,104
Great
฿2,990,000
Good
Fair
Above
฿3,970,000
Current asking Price: ฿2,890,000 | Rental estimate: ฿14,200/mo
This condo is ฿502,104 BELOW MARKET (-15%) in the Pattaya 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

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.
฿1,080/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 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 Olympus City Garden , and the current sales price.
6%

Project Details

Project Name: Olympus City Garden
Developer: Global Top Group
Construction: Completed (Jan 2022)
Floors: 8
Buildings: 6
Units: 1060
Project Area: 13,084 SqM
Nearest Landmark South Pattaya Beach - 1.2 Km
Location: Nong Prue, Pattaya
Olympus City Garden Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Walking / Running Track Walking / Running Track
Communal Garden Area Communal Garden Area
Key card access Key card access

Popular Facilities at Olympus City Garden

  • Communal Pool
    1st Floor
  • Communal Gym
    1st Floor
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Available Units at Olympus City Garden

For Sale 30 For Rent 9
Updated 3 weeks ago
Available Units at Olympus City Garden
฿2,700,000
฿90,000/SqM
Beds 1 Beds
Baths 1 Baths
Size 30 SqM Size
Floor 1 Floor
Company Fully Furnished Pool View
Updated 1 month ago
Available Units at Olympus City Garden
฿2,350,000
฿87,037/SqM
Beds 1 Beds
Baths 1 Baths
Size 27 SqM Size
Floor 3 Floor
Foreign Quota Fully Furnished City View
Available Units at Olympus City Garden
฿2,300,000
฿82,585/SqM
Beds 1 Beds
Baths 1 Baths
Size 27.85 SqM Size
Floor 6 Floor
Fully Furnished Pool View
Updated 1 week ago
Available Units at Olympus City Garden
฿2,100,000
฿77,778/SqM
Beds 1 Beds
Baths 1 Baths
Size 27 SqM Size
Floor 1 Floor
Foreign Quota Partly Furnished
Updated 1 week ago
Available Units at Olympus City Garden
฿2,350,000
฿94,000/SqM
Beds Studio Beds
Baths 1 Baths
Size 25 SqM Size
Floor 2 Floor
Foreign Quota Fully Furnished City View
Available Units at Olympus City Garden
฿2,500,000
฿92,593/SqM
Beds 1 Beds
Baths 1 Baths
Size 27 SqM Size
Floor 4 Floor
Company Fully Furnished City View
Available Units at Olympus City Garden
฿2,300,000
฿88,462/SqM
Beds Studio Beds
Baths 1 Baths
Size 26 SqM Size
Floor 2 Floor
Thai Quota Fully Furnished Pool View
Available Units at Olympus City Garden
฿2,450,000฿2,550,000
฿104,167/SqM
Beds 1 Beds
Baths 1 Baths
Size 23.52 SqM Size
Floor 4 Floor
Foreign Quota Unfurnished Pool View
Available Units at Olympus City Garden
฿2,300,000
฿85,185/SqM
Beds Studio Beds
Baths 1 Baths
Size 27 SqM Size
Floor 4 Floor
Thai Quota City View
Available Units at Olympus City Garden
฿3,350,000
฿112,605/SqM
Beds Studio Beds
Baths 1 Baths
Size 29.75 SqM Size
Floor 3 Floor
Foreign Quota Unfurnished Pool View
Available Units at Olympus City Garden
฿3,350,000
฿112,605/SqM
Beds Studio Beds
Baths 1 Baths
Size 29.75 SqM Size
Floor 8 Floor
Foreign Quota Unfurnished Pool View
Updated 1 month ago
Available Units at Olympus City Garden
฿1,990,000฿2,400,000
฿71,071/SqM
Beds 1 Beds
Baths 1 Baths
Size 28 SqM Size
Floor 3 Floor
Foreign Quota Fully Furnished Pool View
Available Units at Olympus City Garden
฿2,650,000
฿99,699/SqM
Beds 1 Beds
Baths 1 Baths
Size 26.58 SqM Size
Floor 3 Floor
Foreign Quota Unfurnished City View
Available Units at Olympus City Garden
฿3,900,000
฿99,642/SqM
Beds 2 Beds
Baths 2 Baths
Size 39.14 SqM Size
Floor 4 Floor
Foreign Quota Unfurnished City View
Available Units at Olympus City Garden
฿3,100,000฿3,500,000
฿96,875/SqM
Beds 1 Beds
Baths 1 Baths
Size 32 SqM Size
Floor 5 Floor
Foreign Quota Fully Furnished City View
Available Units at Olympus City Garden
฿3,350,000
฿112,228/SqM
Beds Studio Beds
Baths 1 Baths
Size 29.85 SqM Size
Floor 4 Floor
Foreign Quota Unfurnished Pool View
Available Units at Olympus City Garden
฿2,600,000
฿100,000/SqM
Beds 1 Beds
Baths 1 Baths
Size 26 SqM Size
Floor 8 Floor
Fully Furnished City View
Available Units at Olympus City Garden
฿2,750,000
฿105,769/SqM
Beds 1 Beds
Baths 1 Baths
Size 26 SqM Size
Floor 2 Floor
Thai Quota Unfurnished Unblocked Open View
Available Units at Olympus City Garden
฿3,990,000
฿99,750/SqM
Beds 2 Beds
Baths 2 Baths
Size 40 SqM Size
Floor Ground Floor Floor
Fully Furnished Pool View
Available Units at Olympus City Garden
฿2,300,000
฿79,310/SqM
Beds 1 Beds
Baths 1 Baths
Size 29 SqM Size
Floor 5 Floor
Fully Furnished City View
Available Units at Olympus City Garden
฿3,900,000
฿99,617/SqM
Beds 2 Beds
Baths 2 Baths
Size 39.15 SqM Size
Floor 3 Floor
Foreign Quota Unfurnished City View
Available Units at Olympus City Garden
฿2,750,000
฿105,769/SqM
Beds 1 Beds
Baths 1 Baths
Size 26 SqM Size
Floor 2 Floor
Foreign Quota Pool View
Available Units at Olympus City Garden
฿2,700,000
฿99,963/SqM
Beds 1 Beds
Baths 1 Baths
Size 27.01 SqM Size
Floor 2 Floor
Foreign Quota Unfurnished Garden View
Available Units at Olympus City Garden
฿2,650,000฿3,900,000
฿112,670/SqM
Beds 1 Beds
Baths 1 Baths
Size 23.52 SqM Size
Floor 5 Floor
Foreign Quota Unfurnished Pool View
Available Units at Olympus City Garden
฿2,750,000
฿101,476/SqM
Beds 1 Beds
Baths 1 Baths
Size 27.10 SqM Size
Floor 4 Floor
Foreign Quota Unfurnished City View
Available Units at Olympus City Garden
฿2,800,000
฿103,781/SqM
Beds 1 Beds
Baths 1 Baths
Size 26.98 SqM Size
Floor 8 Floor
Foreign Quota Unfurnished City View
Available Units at Olympus City Garden
฿2,800,000
฿111,554/SqM
Beds 1 Beds
Baths 1 Baths
Size 25.10 SqM Size
Floor 8 Floor
Foreign Quota Unfurnished City View
Available Units at Olympus City Garden
฿2,850,000฿3,900,000
฿102,187/SqM
Beds 1 Beds
Baths 1 Baths
Size 27.89 SqM Size
Floor 4 Floor
Foreign Quota Unfurnished City View
Available Units at Olympus City Garden
฿2,900,000
฿112,316/SqM
Beds 1 Beds
Baths 1 Baths
Size 25.82 SqM Size
Floor 5 Floor
Foreign Quota Unfurnished Pool View
Available Units at Olympus City Garden
฿4,100,000
฿96,630/SqM
Beds 1 Beds
Baths 1 Baths
Size 42.43 SqM Size
Floor 4 Floor
Foreign Quota Unfurnished Pool View
Get notified when new homes are being added to Olympus City Garden
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Loan Calculator

Payment Plan

Installment Milestone Payment
1st Installment
Upon contract signing
20%
2nd Installment
Quarterly Payments
60%
3rd Installment
On handover
20%

Frequently Asked Questions

No pets are allowed at Olympus City Garden 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 ฿1,080 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 Olympus City Garden the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
South Pattaya Beach is the nearest Beach from Olympus City Garden and it is 1.2 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 Olympus City Garden you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


Installment Milestone Payment
1st Installment
Upon contract signing
20%
2nd Installment
Quarterly Payments
60%
3rd Installment
On handover
20%

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

3.2 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Luxury European Condo
Suvit M., Thailand, 4 years ago
My friend and I run the business together in Pattaya, and we both decided to buy it. The location is okay, close to restaurants and Pattaya City. It's quite innovative and just newly completed. The project design is very beautiful and attractive. We chose 2-bedroom types. The room is fully furnished with European styles. Not disappointed at all! Also, there is a large balcony to gain fresh air and look at the pool comfortably. The project surrounding is very cozy, comprising a leisure garden, walkways connected to other buildings. It is very convenient and accessible. We love swimming so much because the pool is vast and clean. The management team is also good and always takes care of the residents well. I am delighted and want the team to maintain this standard forever.
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Olympus City Garden

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
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Year Built
Completion Status
Location
Nong Prue, Pattaya, Chon Buri
Number of units
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฿3.2M - ฿13M
▼ -5% underpriced
Monthly Rentals
฿70K
Year Built
Jun 2015
Completion Status
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Location
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Number of units
803
Sales Prices
฿3.5M - ฿10.1M
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Monthly Rentals
฿16K - ฿18K
Year Built
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Project Name
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Location
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Number of units
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฿3.6M - ฿10M
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Completion Status
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Location
Nong Prue, Pattaya, Chon Buri
Number of units
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Sales Prices
฿3.98M - ฿8.61M
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Monthly Rentals
฿18K - ฿55K
Year Built
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Number of units
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฿17.5M - ฿25.6M
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Off Plan
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Number of units
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Location
Nong Prue, Pattaya, Chon Buri
Number of units
538
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Location
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Monthly Rentals
฿8K - ฿16K
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Completion Status
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