1 Bedroom Condo for sale at The Grand AD Jomtien Pattaya Beach

(3 Reviews)
Nong Prue, Pattaya, Chon Buri
Unit ID: U163854
6% Rental Yield
1 Bedroom
1 Bathroom
26 SqM Size
14 Floor
Dec 2015 Completed

About This Condo

This property is a 26 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the The Grand AD Jomtien Pattaya Beach project in Nong Prue, Pattaya and was completed in Dec 2015. You can buy this condo for a base price of ฿1,850,000 (฿71,154/SqM) and it is also available for long term rentals starting from ฿9,500 per month.

Features

BalconyBalcony Wifi IncludedWifi Included

Basic Information

Date Listed Oct 9, 2019
Updated 3 years ago
Property Type Condo
Floor 14
Bedroom 1
Size 26 SqM
Price per SqM ฿71,154
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
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) Sea View, City View, Pool View, Blocked 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.
฿260/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U163854

Price Analysis

Great Price
Estimated market value ฿2,144,784
Great
฿2,060,000
Good
Fair
Above
฿2,460,000
Current asking Price: ฿1,850,000 | Advertised rental rate: ฿9,500/mo
This condo is ฿294,784 BELOW MARKET (-14%) 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.
฿260/mo
Rent
฿9,500/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.
16
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.
6%

Project Details

Developer: N/A
Construction: Completed (Dec 2015)
Floors: 30
Buildings: N/A
Units: 1450
Project Area: N/A
Nearest Landmark Dong Tarn Beach - 0.7 Km
Location: Nong Prue, Pattaya
The Grand AD Jomtien Pattaya Beach Project Details

Project Features

Hotel Managed Hotel Managed
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Spa Spa
Steam Room Steam Room
Reception / Lobby Area Reception / Lobby Area
Close
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Available Units at The Grand AD Jomtien Pattaya Beach

For Sale 8 For Rent 3
Get notified when new homes are being added to The Grand AD Jomtien Pattaya Beach
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Frequently Asked Questions

No pets are allowed at The Grand AD Jomtien Pattaya Beach 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 ฿10 per square meter based on the size of indoor area of the property and is ฿260 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 The Grand AD Jomtien Pattaya Beach the required payment for the sinking fund is ฿200 per square meter based on the size of the indoor area of the property.
Dong Tarn Beach is the nearest Beach from The Grand AD Jomtien Pattaya Beach and it is 0.7 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 The Grand AD Jomtien Pattaya Beach 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

4.6 out of 5
Based on
3 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Twin Towers is located close to Jomtien Beach.
Jasmin Bekti, India, 2 years ago
This twin Towers is located near Jomtien Beach, just within walking distance. It is a famous beach with full facilities such as shops, restaurants, souvenir shops, and nightclubs. The people are quite crowded in this area, and it is full of tourists, both Thai and foreigners. The project is spotless both in the common areas and inside the room. There is a large swimming pool and car parking. The security staff is friendly and well-mannered. There are beautiful views of the Jomtien sea from the rooms on the upper floor, which is suitable for monthly rental for foreigners who like the lively atmosphere like Jomtien Beach—definitely recommended!
New condo near Jomtien Beach
Cristina Lettieri, Italy, 4 years ago
A new condo is stylish, designed, and located close to Jomtien Beach. The condo provides a full range of facilities, matching the needs of lifestyles, whether for the family, staying alone, or even staying with friends. The common area includes a communal pool, a gym, an indoor children's playground, where it is surrounded by leisure gardens and yards. The kids will love it here and enjoy it so much. The condo interior is spacious, and the staff serves excellent service. Moreover, there are sufficient car parking spaces for the residents. In general, it is suitable for living and convenient life.
A big swimming pool and clean
Santos Maitland, United States, 6 years ago
New condo with a pleasant atmosphere to live in. This twin tower has a large number of units. The residents are a little crowded, but the facilities are comprehensive for everyone: a large outdoor swimming pool, ample parking, and high-speed elevators. The interior is decorated with high-quality furniture. There is an expansive balcony, soft bed for good sleeping. The location is perfect on Jomtien 2nd Road. You can also travel to many spots conveniently, well impressed.
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

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