1 Bedroom Condo for sale at EDGE Central Pattaya

4.33 (1 Review)
Nong Prue, Pattaya, Chon Buri
Unit ID: U1036916
4% Rental Yield
Sold Great Price
1 Bedroom
1 Bathroom
27.50 SqM Size
14 Floor
Oct 2021 Completed

About This Condo

This property is a 27.50 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the EDGE Central Pattaya project in Nong Prue, Pattaya and was completed in Oct 2021. You can buy this condo for a base price of ฿4,190,000 (฿152,364/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 14
Bedroom 1
Size 27.50 SqM
Price per SqM ฿152,364
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
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) Sea 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.
฿1,788/mo
Listed By
Private Owner
Date Listed Oct 15, 2021
Last Updated 2 months ago
Unit ID U1036916

Price Analysis

Great Price
Estimated market value ฿5,320,494
Great
฿4,870,000
Good
Fair
Above
฿6,570,000
Current asking Price: ฿4,190,000 | Rental estimate: ฿13,500/mo
This condo is ฿1,130,494 BELOW MARKET (-21%) 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.
฿1,788/mo
Est. Rent
฿13,500/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.
26
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 EDGE Central Pattaya, and the current sales price.
4%

Project Details

Project Name: EDGE Central Pattaya
Developer: Sansiri
Construction: Completed (Oct 2021)
Floors: 31
Buildings: 1
Units: 603
Project Area: 3,200 SqM
Nearest Landmark South Pattaya Beach - 0.3 Km
Location: Pattaya, Chon Buri
EDGE Central Pattaya Project Details

Project Features

Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Spa Spa
Steam Room Steam Room
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Lounge Lounge

Popular Facilities at EDGE Central Pattaya

  • Communal Pool
    31st Floor
  • Communal Gym
    30th Floor
  • Co-Working Space / Meeting Room
    30th Floor
  • Lounge
    30th Floor
  • Communal Garden Area
    5th Floor
  • Jacuzzi
    31st Floor
  • Reception / Lobby Area
    1st Floor
Close
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Available Units at EDGE Central Pattaya

For Sale 8 For Rent 2
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Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
30%
2nd Installment
On handover
70%
Untitle
Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
Upon contract signing
30%
2nd Installment
On handover
70%

Frequently Asked Questions

No pets are allowed at EDGE Central Pattaya 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 ฿65 per square meter based on the size of indoor area of the property and is ฿1,788 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 EDGE Central Pattaya the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
South Pattaya Beach is the nearest Beach from EDGE Central Pattaya and it is 0.3 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 EDGE Central Pattaya 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
฿100,000
1st Installment
Upon contract signing
30%
2nd Installment
On handover
70%
Untitle
Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
Upon contract signing
30%
2nd Installment
On handover
70%

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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FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
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Reviews

4.3 out of 5 4.33
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The condo is located on the main road
4.3 Matt Jason, Switzerland, 2 years ago
The condo is conveniently located on the main road. It is located in the heart of Pattaya City. There are hospitals, schools, and shopping malls surrounding the project, close to the beach. I can confirm that the condo here is quality with beautiful decoration. The room interior is fully furnished with good quality furniture. However, I think the bedroom is too small, but the common area is considered an excellent and complete-reasonable price and suitable for both living and investing.
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby EDGE Central Pattaya

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