1 Bedroom Condo for sale at Platinum Suites Condominiums

 (Write Review)
Nong Prue, Pattaya, Chon Buri
Unit ID: U71769
7% Rental Yield
1 Bedroom
1 Bathroom
51.12 SqM Size
4 Floor
Nov 2012 Completed

About This Condo

This property is a 51.12 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Platinum Suites Condominiums project in Nong Prue, Pattaya and was completed in Nov 2012. You can buy this condo for a base price of ฿2,000,000 (฿39,124/SqM) and it is also available for long term rentals starting from ฿12,000 per month.

Features

BalconyBalcony Full Western KitchenFull Western Kitchen

Basic Information

Date Listed Apr 3, 2018
Updated 3 years ago
Property Type Condo
Floor 4
Bedroom 1
Size 51.12 SqM
Price per SqM ฿39,124
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%.

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) 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.
฿1,789/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U71769

Price Analysis

Above Average
Estimated market value ฿1,699,965
Great
฿1,550,000
Good
Fair
Above
฿1,820,000
Current asking Price: ฿2,000,000 | Advertised rental rate: ฿12,000/mo
This condo is ฿300,035 ABOVE MARKET (18%) 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.
฿1,789/mo
Rent
฿12,000/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.
14
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.
7%

Project Details

Developer: N/A
Construction: Completed (Nov 2012)
Floors: 8
Buildings: N/A
Units: 210
Project Area: N/A
Nearest Landmark Dong Tarn Beach - 2.5 Km
Location: Nong Prue, Pattaya
Platinum Suites Condominiums 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
Reception / Lobby Area Reception / Lobby Area
Close
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Frequently Asked Questions

The common area maintenance fee is ฿35 per square meter based on the size of indoor area of the property and is ฿1,789 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 Platinum Suites Condominiums and it is 2.5 km away.
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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Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Platinum Suites Condominiums

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฿1.59M - ฿6.99M
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Location
Nong Prue, Pattaya, Chon Buri
Number of units
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฿3.3M - ฿3.5M
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Location
Nong Prue, Pattaya, Chon Buri
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฿14M - ฿17.3M
▲ 16% overpriced
Monthly Rentals
฿25K - ฿40K
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Completed
Location
Nong Prue, Pattaya, Chon Buri
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฿15.5M - ฿35M
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