2 Bedroom Condo for sale at Laguna Bay 1

(1 Review)
Nong Prue, Pattaya, Chon Buri
Unit ID: U163520
2 Bedrooms
2 Bathrooms
60.73 SqM Size
4 Floor
May 2013 Completed

About This Condo

This property is a 60.73 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Laguna Bay 1 project in Nong Prue, Pattaya and was completed in May 2013. You can buy this condo for a base price of ฿2,550,660 (฿42,000/SqM).

Basic Information

Date Listed Jun 21, 2019
Updated 3 years ago
Property Type Condo
Floor 4
Bedrooms 2
Size 60.73 SqM
Price per SqM ฿42,000
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) N/A
Unit Type 2BR
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.
฿2,429/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U163520

Price Analysis

Great Price
Estimated market value ฿3,400,030
Great
฿3,350,000
Good
Fair
Above
฿3,700,000
Current asking Price: ฿2,550,660 | Rental estimate: ฿18,200/mo
This condo is ฿849,370 BELOW MARKET (-25%) 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.
฿2,429/mo

Project Details

Project Name: Laguna Bay 1
Construction: Completed (May 2013)
Floors: 8
Buildings: 1
Units: 74
Project Area: 3,200 SqM
Nearest Landmark Dong Tarn Beach - 0.7 Km
Location: Nong Prue, Pattaya
Laguna Bay 1 Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Communal Garden Area Communal Garden Area
Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Laguna Bay 1

  • Communal Pool
    Ground Floor
  • Communal Gym
    Rooftop
  • Communal Garden Area
    Ground Floor
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Available Units at Laguna Bay 1

For Sale 6 For Rent 1
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Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Upon contract signing
20%
2nd Installment
Within 1 Months
80%

Frequently Asked Questions

No pets are allowed at Laguna Bay 1 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 ฿2,429 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 Laguna Bay 1 the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Dong Tarn Beach is the nearest Beach from Laguna Bay 1 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 Laguna Bay 1 you have to follow these steps:

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

 


Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Upon contract signing
20%
2nd Installment
Within 1 Months
80%

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

4.5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Condominium style modern
James Smith, New Zealand, 7 years ago
A ready-to-move-in condominium in modern style, decorated with high-quality furniture. It saves my time to buy furniture; just move in with my luggage. There are not many types of rooms you can choose from; there are only studio rooms to 2 bedrooms. I don't recommend you to live with a large family. My place is a 1-bedroom unit. It's perfect to live alone. The room is a good size, not too small or large. The layout is in exact proportions. The common area is well maintained. They are clean and functional. The facilities are okay, including Wi-Fi Internet, fitness center, sauna, elevator, garden, and rooftop swimming pool. Here is my favorite place. The security system here is good; there is a security guard 24 hours, and I have to use a key card to enter the building. I can feel safe here. The property area has convenience stores, restaurants, and department stores. I can get food at the Food Mart Supermarket within 5 minutes. The location of a condo is near Dongtan Beach and is on Pratumnak hill. As the area is not crowded, and the project's units are not cramped, the condo is absolutely perfect for living.
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

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