2 Bedroom Condo for sale at Veranda Residence Pattaya

 (Write Review)
Na Chom Thian, Pattaya, Chon Buri
Unit ID: U13217
6% Rental Yield
2 Bedrooms
2 Bathrooms
56.70 SqM Size
18 Floor
Mar 2017 Completed

About This Condo

This property is a 56.70 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Veranda Residence Pattaya project in Na Chom Thian, Pattaya and was completed in Mar 2017. You can buy this condo for a base price of ฿6,823,434 (฿120,343/SqM).

Features

BalconyBalcony

Basic Information

Date Listed Nov 3, 2016
Updated 4 years ago
Property Type Condo
Floor 18
Bedrooms 2
Size 56.70 SqM
Price per SqM ฿120,343
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%.

N/A
Furniture
Specific items of furniture can be requested in the sale, or buyers can offer to purchase some or all of it. When negotiating a deal, either party can suggest that such items be included in the sale price.
Negotiable
View(s) Sea View
Unit Type 2
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.
฿2,835/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U13217

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.
฿2,835/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.
17
Rental Yield
This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 2 bedroom condos at Veranda Residence Pattaya, and the current sales price.
6%

Project Details

Construction: Completed (Mar 2017)
Floors: 34
Buildings: N/A
Units: 330
Project Area: 5,552 SqM
Nearest Landmark Na Jomtien Beach - 0.6 Km
Location: Na Chom Thian, Pattaya
Veranda Residence Pattaya Project Details

Project Features

Hotel Managed Hotel Managed
On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
Bar Bar
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Spa Spa
Direct Beach Access Direct Beach Access
Reception / Lobby Area Reception / Lobby Area
Close
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Loan Calculator

Payment Plan

For 1 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Deposit
10%
2nd Installment
On handover
90%
For 2 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
฿80,000
1st Installment
Deposit
10%
2nd Installment
On handover
90%

Frequently Asked Questions

No pets are allowed at Veranda Residence Pattaya 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 ฿50 per square meter based on the size of indoor area of the property and is ฿2,835 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 Veranda Residence Pattaya the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Na Jomtien Beach is the nearest Beach from Veranda Residence Pattaya and it is 0.6 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 Veranda Residence Pattaya you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


For 1 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Deposit
10%
2nd Installment
On handover
90%
For 2 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
฿80,000
1st Installment
Deposit
10%
2nd Installment
On handover
90%

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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Price Rating : Great Price
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Pattaya
Na Chom Thian

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