Neo Condo

4 (1 Review)

Nong Prue, Pattaya, Chon Buri

Unit ID: U491262
8% Rental Yield
฿3,800,000 Great Price
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
58 SqM Size
Floors
5 Floor
Construction
May 2011 Completed

About This Condo

This property is a 58 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Neo Condo project in Nong Prue, Pattaya and was completed in May 2011. You can buy this condo for a base price of ฿3,800,000 (฿65,517/SqM) and it is also available for long term rentals starting from ฿25,000 per month.

One-Bedroom Apartment + Living Room. 4 people

New 8-story NEOcondo @ PATTAYA Condominium 50 meters from the sea and Dongtan Beach 7 - 10 minutes by shuttle bus to the center of Pattaya and Volkin Street near the hotel Jomtien Palm Beach The condominium has a separate access to the sea and Jomtien beach. In the complex and infrastructure: 2 pools + 2 children's pools Restaurants Cafe Massage Salons The shops Free parking Beauty saloon SPA center Speed ​​boat rental Motorbike rental Car rent Bicycle rent 24 hours security Wifi internet Apartment - 505 (58 sq.m) - Partial Sea View Accommodation is possible 4 adults + 1 child AUTHOR DESIGN 1 toilet / bathroom 2 air conditioners 2 TVs (plasma panel) Electronic safe Cable TV 1 Separate bedroom with a large double bed (soft mattress) Folding sofa Hall - living room with a double pull-out sofa bed Balcony with a table and chairs Fully equipped kitchen Coffee machine Washer Ironing board Iron Hair dryer Wardrobe Shower towels Beach towels Clothes dryer Included in cost: Minibar with soft drinks upon arrival Thai wine upon arrival Thai beer upon arrival Coffee, tea upon arrival Juice in assortment upon arrival Cookies, rolls in assortment upon arrival Toiletries upon check-in Cable TV, Internet (individual modem) Separately paid: Electricity - 5 Baht for 1 unit Water - 850 THB per month Cleaning and laundry after departure - 1,500 THB

Features

BeachfrontBeachfront Beach AccessBeach Access TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Wifi IncludedWifi Included Full Western KitchenFull Western Kitchen Renovated BathroomRenovated Bathroom (2021) Washing MachineWashing Machine MicrowaveMicrowave TVTV Cable TVCable TV

Basic Information

Property Type Condo
Floor 5
Bedroom 1
Size 58 SqM
Price per SqM ฿65,517
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) Partial Sea View, City View
Unit Type N/A
Building Building 2
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.
฿1,740/mo
Listed By
Private Owner
Date Listed Apr 29, 2020
Last Updated 1 month ago
Unit ID U491262

3D Walkthrough

Price Analysis

Great Price
Estimated market value ฿4,184,954
Great
฿3,890,000
Good
Fair
Above
฿5,010,000
Current asking Price: ฿3,800,000 | Advertised rental rate: ฿25,000/mo
This condo is ฿384,954 BELOW MARKET (-9%) 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.
Powered by FazWaz AVM

Investment Opportunity: Charges & Yield

Sale Price
฿3,800,000
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.
฿1,740/mo
Rent
฿25,000/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.
13
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.
8%

Project Details

Project Name: Neo Condo
Developer: Neo Condo Pattaya
Construction: Completed (May 2011)
Floors: 8
Buildings: 2
Units: 126
Project Area: 4,796 SqM
Nearest Landmark Dong Tarn Beach - 0.1 Km
Location: Nong Prue, Pattaya, Chon Buri
Neo Condo Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Communal Garden Area Communal Garden Area
Key card access Key card access

Popular Facilities at Neo Condo

  • Communal Pool
    Ground Floor

Available Units at Neo Condo

For Sale 11 For Rent 11
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Available Units at Neo Condo
-
Beds 1 Beds
Baths 1 Baths
Size 52 SqM Size
Floor 4 Floor
Fully Furnished City View
Favorite
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Available Units at Neo Condo
฿63,600
Beds 1 Beds
Baths 1 Baths
Size 50 SqM Size
Floor 5 Floor
Foreign Quota Fully Furnished Partial Sea View
Favorite
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Available Units at Neo Condo
฿64,634
Great Price
Beds 1 Beds
Baths 1 Baths
Size 41 SqM Size
Floor 5 Floor
Foreign Quota Fully Furnished Partial Sea View
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Available Units at Neo Condo
฿67,308
Great Price
Beds 1 Beds
Baths 1 Baths
Size 52 SqM Size
Floor 5 Floor
Foreign Quota Fully Furnished Partial Sea View
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Available Units at Neo Condo
-
Beds 1 Beds
Baths 1 Baths
Size 52 SqM Size
Floor 3 Floor
Fully Furnished City View
Favorite
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Available Units at Neo Condo
฿65,517
Great Price
Beds 1 Beds
Baths 1 Baths
Size 58 SqM Size
Floor 5 Floor
Foreign Quota Fully Furnished Partial Sea View
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Available Units at Neo Condo
฿100,962
Beds 2 Beds
Baths 2 Baths
Size 52 SqM Size
Floor 8 Floor
Fully Furnished Sea View
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Available Units at Neo Condo
฿62,222
Beds 3 Beds
Baths 3 Baths
Size 90 SqM Size
Floor 6 Floor
Foreign Quota Fully Furnished Partial Sea View
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Available Units at Neo Condo
฿56,000
Great Price
Beds 1 Beds
Baths 1 Baths
Size 50 SqM Size
Floor 4 Floor
Fully Furnished Pool View
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Available Units at Neo Condo
฿64,706
Great Price
Beds Studio Beds
Baths 1 Baths
Size 34 SqM Size
Floor 5 Floor
Foreign Quota Fully Furnished Pool View
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Available Units at Neo Condo
฿64,706
Great Price
Beds Studio Beds
Baths 1 Baths
Size 34 SqM Size
Floor 5 Floor
Foreign Quota Fully Furnished Partial Sea View
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Available Units at Neo Condo
฿81,667
Beds 1 Beds
Baths 1 Baths
Size 30 SqM Size
Floor 5 Floor
Fully Furnished Sea View
Favorite
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Available Units at Neo Condo
฿63,462
Good Price
Beds 1 Beds
Baths 1 Baths
Size 52 SqM Size
Floor 5 Floor
Foreign Quota Fully Furnished Pool View
Get notified when new homes are being added to Neo Condo

Loan Calculator

Frequently Asked Questions

No pets are allowed at Neo Condo 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 ฿30 per square meter based on the size of indoor area of the property and is ฿1,740 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.
Dong Tarn Beach is the nearest Beach from Neo Condo and it is 0.1 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 Neo Condo 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 out of 5 4
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Nice condo near the beach and surrounded by delicious restaurants
4 Carlyn Ketterer, Australia, 3 years ago
Very nice place. Just a few minutes from the sea and the beach, it can be reached in every way. It's near many amenities such as massage shops, restaurants, convenience stores on the opposite side of the project. The condo provides everything I need, such as a nice clean swimming pool, the fitness is also standard, and the security system is good as well. The room that I rented (Studio) is a well-decorated, beautiful, comfortable, spacious room suitable for living alone. If anyone who wants to relax here with the family should choose a larger size than mine. I am satisfied with staying at Neo Condo. It is a great condo in the ​​Jomtien Beach area, Pattaya. I have good memories of staying at the Neo Condo. Next time, I will come back to take the services at Neo Condo again.
Pattaya
Nong Prue

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Projects Nearby Neo Condo

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Location
Nong Prue, Pattaya, Chon Buri
Number of units
284
Sales Prices
฿1.8M - ฿42M
Monthly Rentals
฿15.1K - ฿50.2K
Year Built
Dec 1989
Completion Status
Completed
Project Name
View Talay 7
Location
Nong Prue, Pattaya, Chon Buri
Number of units
936
Sales Prices
฿8.54M - ฿16M
▼ -29% underpriced
Monthly Rentals
฿10K - ฿20.1K
Year Built
Jul 2010
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
237
Sales Prices
฿2.52M - ฿6.53M
▼ -15% underpriced
Monthly Rentals
฿21.1K - ฿23.1K
Year Built
Jun 2008
Completion Status
Completed
Project Name
View Talay 5
Location
Nong Prue, Pattaya, Chon Buri
Number of units
1968
Sales Prices
฿2.26M - ฿19.1M
▼ -4.6% underpriced
Monthly Rentals
฿10K - ฿50.2K
Year Built
Sep 2007
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
68
Sales Prices
฿4.32M
Monthly Rentals
N/A
Year Built
Jan 2000
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
10
Sales Prices
฿15.1M
▲ 3% overpriced
Monthly Rentals
N/A
Year Built
Nov 2008
Completion Status
Completed
Project Name
Jomtien Complex
Location
Nong Prue, Pattaya, Chon Buri
Number of units
1118
Sales Prices
฿3.21M - ฿7.92M
▼ -3% underpriced
Monthly Rentals
฿30.1K
Year Built
Mar 1995
Completion Status
Completed
Project Name
Skylight
Location
Nong Prue, Pattaya, Chon Buri
Number of units
56
Sales Prices
฿2.98M - ฿10M
▲ 6% overpriced
Monthly Rentals
N/A
Year Built
Sep 2017
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
64
Sales Prices
฿2.31M
Monthly Rentals
฿20.1K
Year Built
N/A
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
70
Sales Prices
฿3.21M
▲ 13% overpriced
Monthly Rentals
N/A
Year Built
Nov 2012
Completion Status
Completed
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