2 Bedroom Condo for sale at The Blue Residence

4.25 (6 Reviews)
Nong Prue, Pattaya, Chon Buri
Unit ID: U1060024
8% Rental Yield
฿2,750,000
2 Bedrooms
2 Bathrooms
76 SqM Size
8 Floor
Jul 2013 Completed

About This Condo

This property is a 76 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the The Blue Residence project in Nong Prue, Pattaya and was completed in Jul 2013. You can buy this condo for a base price of ฿2,750,000 (฿36,184/SqM) and it is also available for long term rentals starting from ฿19,000 per month.

A good project of Portland 3 with innovative and functional design to fit modern lifestyles. The condo is easy to access just 200 meters from Sukhumvit road and 20 meters from the local road (backside road). It is just 5mn from Jomtien beach with all entertainments and touristic attractions nearby; shopping malls, outlet malls, international hospitals, Floating Market, Nong Nooch park, Tropical Underwater World, Elephant village and Walking Street tourist guards; well known both in Thailand and abroad.
The condo offers all amenities with a fantastic view of a nice large pool with the gym beside it. Safety with modern security system 24 hours, Using CCTV and key card.

Basic Information

Property Type Condo
Floor 8
Bedrooms 2
Size 76 SqM
Price per SqM ฿36,184
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
N/A
View(s) N/A
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.
฿1,520/mo
Listed By
Broker Network
Date Listed Feb 14, 2022
Last Updated 9 months ago
Unit ID U1060024

Investment Opportunity: Charges & Yield

Sale Price
฿2,750,000
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.
฿1,520/mo
Rent
฿19,000/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.
12
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.
8%

Project Details

Project Name: The Blue Residence
Construction: Completed (Jul 2013)
Floors: 8
Buildings: 2
Units: 331
Project Area: 8,700 SqM
Nearest Landmark Jomtien Beach South - 3 Km
Location: Pattaya, Chon Buri
The Blue Residence 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
Reception / Lobby Area Reception / Lobby Area
Communal Garden Area Communal Garden Area
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at The Blue Residence

  • Reception / Lobby Area
    Ground Floor
  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor

Available Units at The Blue Residence

For Sale 8 For Rent 3
Get notified when new homes are being added to The Blue Residence

Loan Calculator

Frequently Asked Questions

No pets are allowed at The Blue Residence 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 ฿20 per square meter based on the size of indoor area of the property and is ฿1,520 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 Blue Residence the required payment for the sinking fund is ฿300 per square meter based on the size of the indoor area of the property.
Jomtien Beach South is the nearest Beach from The Blue Residence and it is 3 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 Blue Residence 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

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

4.3 out of 5 4.25
Based on
6 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Nice place and good price
4.8 Antony Chmielewski, Germany, 3 years ago
Overall, I would rank this condo as another good condo in Pattaya at an affordable price. There are complete facilities such as a swimming pool, parking, and a gym. The room is also beautiful, decorated with quality furniture with a new air conditioner and a wide balcony. There is a FamilyMart onsite, so it's very convenient. I love it here. Unfortunately, some staff is rude and unhelpful. They need to improve it immediately. Also, the parking lot is insufficient.
Shady atmosphere
4 Hugo Vesely, Germany, 3 years ago
It is a tranquil and secure place to stay. The project site is beautifully decorated, shady, and pleasant. The project provides a large communal pool, easily accessible as the pool is centrally set between 2 sides of the buildings. Wherever you stay, you can conveniently swim here. Therefore, my husband and I often choose here to be a vacation place. This time has been our chance to visit here again. The staff always serves excellent service. Car parking is also easy to find, convenient, and worth the price paid !!
Well-equipped condo, but a little loud bothering
4.2 Asada S., Turkey, 3 years ago
Starting from check-in, the staff at the reception are very good. When going to the room, it's beautifully decorated, and the bathroom is clean. A large saltwater pool is pleasant. If many people are swimming, it won't be easy to swim as it is not very wide. Overall, the facilities are complete. Accommodation is suitable for the price. But secretly sad because I get a room in front of the elevator, making the elevator sound all night long. There is a maid's room beside the elevator. In the morning, I heard the housekeeper's sound cleaning the room, making me not sleep well. In general, it is worth the money if there is no noise bothering.
Pool view room, but far from convenient sources
3.8 Elisa R., Thailand, 4 years ago
The room I stay in is a pool view room with a small balcony. I think it's enough for 1-2 people only because the room is narrow with 38 square meters. In the room, it is fully equipped with premium-grade furniture. There is also a small kitchen area, but I'm not very impressed as the room is rarely soundproof. Sometimes quite noisy and heard the sound of other villagers coming down to swim in the pool. The location is quite far from the beach, and there is a Family Mart nearby. If you want to buy some food, you can order the delivery which is more convenient.
Approachable price condo!
4.3 Panitta W., Thailand, 5 years ago
Excellent location! The condo has many great facilities, such as a swimming pool, gym, and 24-hour security system. The room is also furnished with modern furniture, suitable for every lifestyle. My one-bedroom room unit has a spacious living area too. Overall, it is very nice. Moreover, this condo is conveniently located close to Jomtien Beach South and shopping centers, only a few minutes away. It is a convenient and safe location
Approachable price condo!
4.3 Srida S., Thailand, 5 years ago
Excellent location! The condo has many great facilities, such as a swimming pool, gym, and 24-hour security system. The room is also furnished with modern furniture, suitable for every lifestyle. My one-bedroom room unit has a spacious living area too. Overall, it is very nice. Moreover, this condo is conveniently located close to Jomtien Beach South and shopping centers, only a few minutes away. It is a convenient and safe location
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Blue 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
120
Sales Prices
฿7.4M
▼ -11% underpriced
Monthly Rentals
N/A
Year Built
May 2000
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
20
Sales Prices
฿8.06M - ฿27.2M
Monthly Rentals
฿252K
Year Built
Jun 2009
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
112
Sales Prices
฿1.7M - ฿6.23M
▼ -1.2% underpriced
Monthly Rentals
฿15.1K - ฿17.1K
Year Built
Dec 2018
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
25
Sales Prices
฿7.05M
▲ 17% overpriced
Monthly Rentals
N/A
Year Built
Dec 2010
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
N/A
Sales Prices
฿1.4M
Monthly Rentals
N/A
Year Built
Jun 2010
Completion Status
Completed
Project Name
Rachawadee Villa
Location
Nong Prue, Pattaya, Chon Buri
Number of units
34
Sales Prices
฿4.98M
▲ 8% overpriced
Monthly Rentals
N/A
Year Built
Jun 2010
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
65
Sales Prices
฿7.35M - ฿8.26M
▲ 5% overpriced
Monthly Rentals
฿35.2K
Year Built
Jun 2014
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
576
Sales Prices
฿856K
Monthly Rentals
N/A
Year Built
Jul 1997
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
22
Sales Prices
฿12.9M - ฿29.7M
Monthly Rentals
N/A
Year Built
Dec 2010
Completion Status
Completed
Project Name
Keha Thepprasit
Location
Nong Prue, Pattaya, Chon Buri
Number of units
244
Sales Prices
฿806K - ฿2.32M
▼ -43% underpriced
Monthly Rentals
฿4.03K - ฿7.05K
Year Built
May 1998
Completion Status
Completed
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