2 Bedroom Condo for sale at La Royale Beach

(2 Reviews)
Na Chom Thian, Pattaya, Chon Buri
Unit ID: U61572
4% Rental Yield
2 Bedrooms
2 Bathrooms
148 SqM Size
32 Floor
Dec 2017 Completed

About This Condo

This property is a 148 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the La Royale Beach project in Na Chom Thian, Pattaya and was completed in Dec 2017. You can buy this condo for a base price of ฿25,049,444 (฿169,253/SqM).

Features

BalconyBalcony

Basic Information

Date Listed Jan 23, 2018
Updated 4 years ago
Property Type Condo
Floor 32
Bedrooms 2
Size 148 SqM
Price per SqM ฿169,253
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, Thai Quota, Leasehold, Company
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) Sea View
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.
฿6,660/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U61572

Price Analysis

Good Price
Estimated market value ฿26,470,384
Great
฿21,200,000
Good
Fair
Above
฿26,500,000
Current asking Price: ฿25,049,444 | Rental estimate: ฿93,300/mo
This condo is ฿1,420,940 BELOW MARKET (-5%) 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.
฿6,660/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.
22
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 La Royale Beach, and the current sales price.
4%

Project Details

Project Name: La Royale Beach
Construction: Completed (Dec 2017)
Floors: 35
Buildings: 3
Units: 165
Project Area: 16,000 SqM
Nearest Landmark Na Jomtien Beach - 0.5 Km
Location: Na Chom Thian, Pattaya
La Royale Beach 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
Spa Spa
Reception / Lobby Area Reception / Lobby Area

Popular Facilities at La Royale Beach

  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor
Close
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This condo was reserved by another buyer but check out these similar properties

Available Units at La Royale Beach

For Sale 15 For Rent 3
Available Units at La Royale Beach
฿16,500,000
฿111,486/SqM
Beds 2 Beds
Baths 2 Baths
Size 148 SqM Size
Floor 30 Floor
Foreign Quota Fully Furnished Sea View
Available Units at La Royale Beach
฿14,500,000
฿97,973/SqM
Beds 2 Beds
Baths 2 Baths
Size 148 SqM Size
Floor 6 Floor
Foreign Quota Fully Furnished City View
Available Units at La Royale Beach
฿29,900,000
฿111,567/SqM
Beds 3 Beds
Baths 3 Baths
Size 268 SqM Size
Floor 20 Floor
Foreign Quota Fully Furnished Sea View
Updated 2 months ago
Available Units at La Royale Beach
฿23,900,000
฿89,179/SqM
Beds 3 Beds
Baths 4 Baths
Size 268 SqM Size
Floor 17 Floor
Foreign Quota Partly Furnished Sea View
Updated 1 week ago
Available Units at La Royale Beach
฿14,800,000
฿100,000/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 148 SqM Size
Floor 6 Floor
Thai Quota Fully Furnished Sea View
Available Units at La Royale Beach
฿25,900,000
฿96,642/SqM
Beds 3 Beds
Baths 3 Baths
Size 268 SqM Size
Floor 6 Floor
Foreign Quota Fully Furnished Sea View
Available Units at La Royale Beach
฿8,700,000฿12,000,000
฿82,075/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 106 SqM Size
Floor 17 Floor
Foreign Quota Fully Furnished Sea View
Available Units at La Royale Beach
฿25,900,000
฿96,642/SqM
Great Price
Beds 3 Beds
Baths 3 Baths
Size 268 SqM Size
Floor 6 Floor
Foreign Quota Fully Furnished Sea View
Available Units at La Royale Beach
฿7,875,000
฿72,917/SqM
Beds 2 Beds
Baths 2 Baths
Size 108 SqM Size
Floor 15 Floor
Foreign Quota Partly Furnished Sea View
Available Units at La Royale Beach
฿14,500,000
฿97,973/SqM
Beds 2 Beds
Baths 2 Baths
Size 148 SqM Size
Floor 6 Floor
Foreign Quota Fully Furnished Sea View
Available Units at La Royale Beach
฿15,000,000
฿141,509/SqM
Beds 2 Beds
Baths 2 Baths
Size 106 SqM Size
Floor 23 Floor
Thai Quota Fully Furnished Sea View
Available Units at La Royale Beach
฿32,000,000
฿119,403/SqM
Beds 3 Beds
Baths 3 Baths
Size 268 SqM Size
Floor 22 Floor
Thai Quota Fully Furnished Sea View
Available Units at La Royale Beach
฿11,500,000
฿77,703/SqM
Beds 2 Beds
Baths 2 Baths
Size 148 SqM Size
Floor 18 Floor
Foreign Quota Partly Furnished Sea View
Available Units at La Royale Beach
฿14,800,000
฿100,000/SqM
Beds 2 Beds
Baths 2 Baths
Size 148 SqM Size
Floor 6 Floor
Foreign Quota Fully Furnished Sea View
Available Units at La Royale Beach
฿29,900,000
฿111,567/SqM
Great Price
Beds 3 Beds
Baths 3 Baths
Size 268 SqM Size
Floor 20 Floor
Thai Quota Sea View
Get notified when new homes are being added to La Royale Beach
View All (15)

Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
15%
2nd Installment
2 months after contract signing
15%
3rd Installment
On handover
70%

Frequently Asked Questions

No pets are allowed at La Royale 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 ฿45 per square meter based on the size of indoor area of the property and is ฿6,660 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 La Royale Beach the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
Na Jomtien Beach is the nearest Beach from La Royale Beach and it is 0.5 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 La Royale Beach 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
฿100,000
1st Installment
Upon contract signing
15%
2nd Installment
2 months after contract signing
15%
3rd Installment
On handover
70%

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

Do you own a property at La Royale Beach?

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Reviews

4.3 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A high privacy condo
Esteban Slovinsky, Denmark, 5 years ago
My friends and I usually visit Pattaya and stay here many times. It is a tranquil condo with good service. The people also are not crowded, not noisy, and offer high privacy. The room we rented was a 3-bedroom. The surrounding area is good, the pool is clean, and there is a space for holding a small party. The room is fully furnished, and the bedroom is so spacious, very comfortable. The zone I love is the kitchen because there are both European and Thai kitchens with fully equipped appliances, making my cooking easy. In terms of the security system and the guards, it is excellent, and the guards are lovely. We are very impressed and not disappointed every time we visit here. I highly recommend this condo for those who are looking for a vacation condo. Try to stay here, and you will love it!
A high privacy condo
Nicolas P., France, 5 years ago
My friends and I usually visit Pattaya and stay here many times. It is a tranquil condo with good service. The people also are not crowded, not noisy, and offer high privacy. The room we rented was a 3-bedroom. The surrounding area is good, the pool is clean, and there is a space for holding a small party. The room is fully furnished, and the bedroom is so spacious, very comfortable. The zone I love is the kitchen because there are both European and Thai kitchens with fully equipped appliances, making my cooking easy. In terms of the security system and the guards, it is excellent, and the guards are lovely. We are very impressed and not disappointed every time we visit here. I highly recommend this condo for those who are looking for a vacation condo. Try to stay here, and you will love it!
Pattaya
Na Chom Thian

Neighborhood Overview

Location and Neighborhood

Street View

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