2 Bedroom Condo for sale at Palm Springs Residence

 (Write Review)
Nong Prue, Pattaya, Chon Buri
Unit ID: U166147
9% Rental Yield
2 Bedrooms
2 Bathrooms
117 SqM Size
2 Floor
Oct 2005 Completed

About This Condo

This property is a 117 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Palm Springs Residence project in Nong Prue, Pattaya and was completed in Oct 2005. You can buy this condo for a base price of ฿3,900,000 (฿33,333/SqM) and it is also available for long term rentals starting from ฿30,000 per month.

Features

BalconyBalcony Wifi IncludedWifi Included

Basic Information

Date Listed Oct 9, 2019
Updated 3 years ago
Property Type Condo
Floor 2
Bedrooms 2
Size 117 SqM
Price per SqM ฿33,333
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
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) Pool View, Garden 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.
฿5,800/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U166147

Price Analysis

Great Price
Estimated market value ฿7,707,533
Great
฿7,220,000
Good
Fair
Above
฿8,480,000
Current asking Price: ฿3,900,000 | Advertised rental rate: ฿30,000/mo
This condo is ฿3,807,533 BELOW MARKET (-49%) 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.
Powered by FazWaz AVM

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.
฿5,800/mo
Rent
฿30,000/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.
11
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.
9%

Project Details

Project Name: Palm Springs Residence
Developer: N/A
Construction: Completed (Oct 2005)
Floors: 4
Buildings: N/A
Units: 16
Project Area: N/A
Nearest Landmark Pratumnak Beach - 0.3 Km
Location: Nong Prue, Pattaya
Palm Springs Residence Project Details

Project Features

Communal Pool Communal Pool
24H Security 24H Security
Reception / Lobby Area Reception / Lobby Area
Close
YOU MISSED THAT DEAL!
This condo was reserved by another buyer but check out these similar properties

Loan Calculator

Frequently Asked Questions

The common area maintenance fee for properties at Palm Springs Residence is a fixed amount of ฿5,800. This amount 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.
Pratumnak Beach is the nearest Beach from Palm Springs Residence and it is 0.3 km away.
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 Palm Springs Residence?

Find out how much your property is worth and start your listing for free.

Reviews

Know this project? Be the first to review
+ Write a review
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Palm Springs Residence

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Location
Nong Prue, Pattaya, Chon Buri
Number of units
77
Sales Prices
฿6.1M
Monthly Rentals
฿25K
Year Built
Nov 1995
Completion Status
Completed
Project Name
Sands Condominium
Location
Nong Prue, Pattaya, Chon Buri
Number of units
283
Sales Prices
฿3.1M - ฿9.5M
▲ 12% overpriced
Monthly Rentals
฿17K - ฿30K
Year Built
Mar 2019
Completion Status
Completed
Project Name
The Glory Pattaya
Location
Nong Prue, Pattaya, Chon Buri
Number of units
316
Sales Prices
฿4.04M - ฿31.9M
▼ -4.8% underpriced
Monthly Rentals
N/A
Year Built
Dec 2023
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
342
Sales Prices
฿4.52M - ฿15.8M
▲ 5.7% overpriced
Monthly Rentals
฿23K - ฿28K
Year Built
Dec 2022
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
56
Sales Prices
฿23.3M - ฿28M
▲ 19% overpriced
Monthly Rentals
N/A
Year Built
Sep 2009
Completion Status
Completed
Project Name
Park Royal 3
Location
Nong Prue, Pattaya, Chon Buri
Number of units
140
Sales Prices
฿2.29M - ฿4.5M
▲ 32% overpriced
Monthly Rentals
฿13K
Year Built
Mar 2012
Completion Status
Completed
Project Name
Luxury Pratumnak
Location
Nong Prue, Pattaya, Chon Buri
Number of units
N/A
Sales Prices
฿38.9M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Project Name
Laguna Bay 1
Location
Nong Prue, Pattaya, Chon Buri
Number of units
74
Sales Prices
฿1.3M - ฿4.3M
▼ -11.3% underpriced
Monthly Rentals
฿18K
Year Built
May 2013
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
377
Sales Prices
฿1.57M - ฿11.2M
Monthly Rentals
N/A
Year Built
Dec 2027
Completion Status
Off Plan
Project Name
Kieng Talay
Location
Nong Prue, Pattaya, Chon Buri
Number of units
418
Sales Prices
฿1.36M - ฿3.5M
▼ -36% underpriced
Monthly Rentals
฿8K - ฿28K
Year Built
Jun 1988
Completion Status
Completed
Back to top
  • Fazwaz Group Sites www.fazwaz.cn www.fazwaz.ru www.fazwaz.fr www.fazwaz.de www.fazwaz.es www.fazwaz.jp www.fazwaz.co.kr