1 Bedroom Condo for sale at Grand Tower Condominium

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Ban Suan, Pattaya, Chon Buri
Unit ID: U1021100
9% Rental Yield
฿500,000 ฿640,000
1 Bedroom
1 Bathroom
35 SqM Size
4 Floor
Aug 1993 Completed

About This Condo

This property is a 35 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Grand Tower Condominium project in Ban Suan, Pattaya and was completed in Aug 1993. You can buy this condo for a base price of ฿500,000 (฿14,286/SqM) and it is also available for long term rentals starting from ฿3,800 per month.

Features

BalconyBalcony MicrowaveMicrowave Cable TVCable TV

Basic Information

Property Type Condo
Floor 4
Bedroom 1
Size 35 SqM
Price per SqM ฿14,286
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) City 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.
฿750/mo
Listed By
Private Owner
Date Listed Aug 13, 2021
Last Updated 10 months ago
Unit ID U1021100

Investment Opportunity: Charges & Yield

Sale Price
฿500,000
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.
฿750/mo
Rent
฿3,800/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.
11
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.
9%

Project Details

Project Name: Grand Tower Condominium
Developer: N/A
Construction: Completed (Aug 1993)
Floors: 10
Buildings: N/A
Units: 180
Project Area: N/A
Nearest Landmark N/A
Location: Mueang Chon Buri, Chon Buri
Grand Tower Condominium Project Details

Project Features

CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at Grand Tower Condominium

For Sale 1 For Rent 1

Loan Calculator

Frequently Asked Questions

No pets are allowed at Grand Tower Condominium unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.

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 Grand Tower 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
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Price Rating : Great Price
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FazWaz Estimate : ฿179,999
Price Rating : Overpriced
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Price Rating : Fair Price

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Pattaya
Ban Suan

Neighborhood Overview

Location and Neighborhood

Street View

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