1 Bedroom Condo for sale at Executive Residence I

(1 Review)
Nong Prue, Pattaya, Chon Buri
Unit ID: U1019908
1 Bedroom
1 Bathroom
75 SqM Size
3 Floor
Jun 2005 Completed

About This Condo

This property is a 75 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Executive Residence I project in Nong Prue, Pattaya and was completed in Jun 2005. You can buy this condo for a base price of ฿2,890,000 (฿38,533/SqM).

Executive Residence 1 Condominium Great location: Soi Kasetsin 4 on Pratumnak Hill Close to Cozy beach: 8-Minutes walking, 7-11: 3 minutes walking, The Chocolate Factory & The Sky Gallery restaurants: 6-Minutes walking, Central Pattaya and Jomtien Beach: 6-Minutes by car 1 bedroom 3th floor 75 sqm Foreign quota Transfer fee split 50/50 between seller and buyer Large balcony Facilities: Swimming pool and jacuzzi zone Ground floor lush tropical landscaped garden Roof-top infinity edged swimming pool and sundeck Covered car-parking 24 Hour security with CCTV

Features

BalconyBalcony Full Western KitchenFull Western Kitchen OvenOven

Basic Information

Date Listed Aug 11, 2021
Updated 2 years ago
Property Type Condo
Floor 3
Bedroom 1
Size 75 SqM
Price per SqM ฿38,533
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
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) Pool 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.
฿3,150/mo
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
Electricity Price N/A
Water Price N/A
Unit ID U1019908

Price Analysis

Great Price
Estimated market value ฿4,399,634
Great
฿3,520,000
Good
Fair
Above
฿6,290,000
Current asking Price: ฿2,890,000
This condo is ฿1,509,634 BELOW MARKET (-34%) 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.
฿3,150/mo

Project Details

Project Name: Executive Residence I
Developer: N/A
Construction: Completed (Jun 2005)
Floors: 4
Buildings: N/A
Units: 27
Project Area: N/A
Nearest Landmark Cozy Beach - 0.3 Km
Location: Nong Prue, Pattaya
Executive Residence I Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
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Frequently Asked Questions

No pets are allowed at Executive Residence I 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 ฿42 per square meter based on the size of indoor area of the property and is ฿3,150 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.
Cozy Beach is the nearest Beach from Executive Residence I 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 Executive Residence I 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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Reviews

4.3 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The condo is conveniently located in a prime location, close to amenities.
Thiago S., Italy, 4 years ago
I have lived in Pattaya for many years and love this place because it is complete. I bought this condo because the location is good, close to many of Pattaya's tourist attractions. It's also convenient to travel and accessible everywhere. It also offers a complete range of facilities such as a swimming pool, a gym, and a security system. The condo ambiance is considered private, which I am very impressed by. Aside from that, it is close to numerous amenities, including Festival Pattaya Beach and Royal Garden Plaza, where I regularly go shopping. In general, it perfectly meets the need because the neighbors and nearby community are quality which is worth investing in to stay here.
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Executive Residence I

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Number of units
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