1 Bedroom Condo for sale at The Point Pratumnak

(1 Review)
Nong Prue, Pattaya, Chon Buri
Unit ID: U154927
11% Rental Yield
1 Bedroom
1 Bathroom
42.10 SqM Size
2 Floor
Dec 2017 Completed

About This Condo

This property is a 42.10 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the The Point Pratumnak project in Nong Prue, Pattaya and was completed in Dec 2017. You can buy this condo for a base price of ฿1,900,000 (฿45,131/SqM) and it is also available for long term rentals starting from ฿18,000 per month.

Discover Peaceful Modern Living: The Point Pratumnak condo

Discover a tranquil living experience in this contemporary 42.10 SqM condo for sale. This one bedroom and one bathroom space is part of the The Point Pratumnak project in Nong Prue, Chon Buri, and was completed in December 2017. Impressively situated in a peaceful, residential area, you can enjoy the benefits of unhurried living while still having quick access to the lively city centre. This condo is offered at a competitive base price of ฿1,900,000 (฿45,131/SqM). Whether you are searching for a new home or an investment property, The Point Pratumnak offers a starter offer of buying at the current market rate. Also, it is available for long term rentals starting from ฿18,000 per month. Offering a stunning mix of modern and contemporary design, stay near the hustle and bustle of the city centre without accepting any of the inconveniences. Enjoy views from the comfort of your home and discover modern amenities, perfect for those searching for a convenient lifestyle. Perfect for those who seek out a comfortable living amongst the serenity and natural beauty of Chon Buri, this condo provides an ideal balance of peace, privacy and seclusion. You won't want to miss out on the opportunity to make The Point Pratumnak your home or investment. Explore this and more possibilities of the condominium and enquire now.

Features

BalconyBalcony TVTV

Basic Information

Date Listed Mar 2, 2021
Updated 3 years ago
Property Type Condo
Floor 2
Bedroom 1
Size 42.10 SqM
Price per SqM ฿45,131
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) Park 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.
฿1,684/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U154927

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.
฿1,684/mo
Rent
฿18,000/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.
9
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.
11%

Project Details

Project Name: The Point Pratumnak
Construction: Completed (Dec 2017)
Floors: 15
Buildings: 1
Units: 119
Project Area: 1,700 SqM
Nearest Landmark Pratumnak Beach - 1.5 Km
Location: Nong Prue, Pattaya
The Point Pratumnak Project Details

Project Features

Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
Bar Bar
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Key card access Key card access

Popular Facilities at The Point Pratumnak

  • Reception / Lobby Area
    Ground Floor
  • Communal Pool
    Rooftop
  • Communal Gym
    9th Floor
  • Communal Pool
    Rooftop
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Frequently Asked Questions

No pets are allowed at The Point Pratumnak 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 ฿40 per square meter based on the size of indoor area of the property and is ฿1,684 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 Point Pratumnak the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Pratumnak Beach is the nearest Beach from The Point Pratumnak and it is 1.5 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 Point Pratumnak 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

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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
Peaceful project and near South Pattaya Beach
Bethanie Lee, South Korea, 4 years ago
The project is situated in a peaceful and quiet area in front of a tennis court. There is no tall building around, so it won't block the view from the tennis court. This condo is very new and located in a good location, convenient to go to Bali Hai Pier, South Pattaya Beach in 5 minutes. Inside the project, a complete common area includes a garden, gym, and swimming pool on floor 9 gives a magnificent view. On the 15th floor, there is a rooftop with a lounge bar. The project has many rooms, from a studio to 6 bedrooms. My 1-bedroom unit is 46 square meters, which is suitable for one or two residents. There is a small kitchen corner for a quick meal. There is a separate living room with built-in furniture; the materials meet the standard. The room prices are affordable compared to what you should get. It is suitable for long-term investment because many tourists are looking for daily and monthly rental. I think it will give good long-term returns.
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

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