Studio Condo for sale at Jomtien Complex

(2 Reviews)
Nong Prue, Pattaya, Chon Buri
Unit ID: U24667
7% Rental Yield
Studio Bedroom
1 Bathroom
66 SqM Size
30 Floor
Mar 1995 Completed

About This Condo

This property is a 66 SqM studio condo with 1 bathroom that is available for sale. It is part of the Jomtien Complex project in Nong Prue, Pattaya and was completed in Mar 1995. You can buy this condo for a base price of ฿3,978,000 (฿60,273/SqM).

Basic Information

Date Listed Mar 2, 2017
Updated 3 years ago
Property Type Condo
Floor 30
Bedroom Studio
Size 66 SqM
Price per SqM ฿60,273
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) Sea 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.
฿2,640/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U24667

Price Analysis

Above Average
Estimated market value ฿3,788,309
Great
฿3,650,000
Good
Fair
Above
฿4,020,000
Current asking Price: ฿3,978,000 | Rental estimate: ฿24,700/mo
This condo is ฿189,691 ABOVE 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.
฿2,640/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.
13
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 studio condos at Jomtien Complex, and the current sales price.
7%

Project Details

Project Name: Jomtien Complex
Construction: Completed (Mar 1995)
Floors: 39
Buildings: 2
Units: 1118
Project Area: 10,500 SqM
Nearest Landmark Dong Tarn Beach - 0.5 Km
Location: Nong Prue, Pattaya
Jomtien Complex Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
Bar Bar
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Direct Beach Access Direct Beach Access
Sauna Sauna
Tennis Court Tennis Court
Reception / Lobby Area Reception / Lobby Area

Popular Facilities at Jomtien Complex

  • Reception / Lobby Area
    Ground Floor
  • Communal Pool
    4th Floor
  • Communal Gym
    4th Floor
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Available Units at Jomtien Complex

For Sale 8 For Rent 6
Get notified when new homes are being added to Jomtien Complex
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Frequently Asked Questions

No pets are allowed at Jomtien Complex 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 ฿2,640 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.
Dong Tarn Beach is the nearest Beach from Jomtien Complex 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 Jomtien Complex 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
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Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
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Reviews

3.9 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Walking distance from the beach and restaurants
Verified Visitor, 3 years ago
in a side street of 2nd rd, Jomtien is this older complex. Few minutes away from the beach and the views are good, you can look over Pattaya bay. In this area are tons of good restaurants from any cuisine. Jomtien is bit more laid back than Pattaya city and therefore ideal for older couples or families with young children. The units are of standards materials but the price points are unbeatable with today's new supply.
Old building but great location!
Jungil Park, South Korea, 6 years ago
Good accommodation in a good location! It's a twin-tower condominium near Dongtan Beach in a few minute walk. The condo is located next to the main road with complete amenities such as restaurants, bars, shops, and entertainment. It is about 1.5 kilometers from Jomtien Beach. The condo building is quite old and not very clean. But inside, the room has been renovated with modern decoration. As living on a high floor, I love watching a peaceful sea view. The property has a large swimming pool, sauna, tennis court, and spacious parking. Most of the residents here are foreign tourists and retiring residents. I always meet them in a common area or a pool in the evening. When it's sunny, the place will be very crowded.
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Jomtien Complex

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
20
Sales Prices
฿15.5M - ฿35.1M
Monthly Rentals
฿65.2K - ฿80.2K
Year Built
Jan 2011
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
64
Sales Prices
฿2.41M - ฿7.92M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
899
Sales Prices
฿3.91M - ฿28.3M
Monthly Rentals
N/A
Year Built
Nov 2029
Completion Status
Off Plan
Location
Nong Prue, Pattaya, Chon Buri
Number of units
237
Sales Prices
฿2.51M - ฿5.95M
▼ -18% underpriced
Monthly Rentals
฿10K - ฿21K
Year Built
Jun 2008
Completion Status
Completed
Project Name
View Talay Villas
Location
Nong Prue, Pattaya, Chon Buri
Number of units
120
Sales Prices
฿13M - ฿15.5M
▼ -27% underpriced
Monthly Rentals
฿35K - ฿135K
Year Built
Sep 2010
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
70
Sales Prices
฿3.3M
▲ 13% overpriced
Monthly Rentals
฿15K
Year Built
Nov 2012
Completion Status
Completed
Project Name
View Talay 2
Location
Nong Prue, Pattaya, Chon Buri
Number of units
1934
Sales Prices
฿5.8M - ฿12M
▼ -13% underpriced
Monthly Rentals
฿10K - ฿30K
Year Built
Nov 2002
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
100
Sales Prices
฿14M - ฿17.4M
▲ 16% overpriced
Monthly Rentals
฿25K - ฿40K
Year Built
May 2008
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
38
Sales Prices
฿3.57M
▲ 35% overpriced
Monthly Rentals
N/A
Year Built
Jun 2009
Completion Status
Completed
Project Name
Neo Condo
Location
Nong Prue, Pattaya, Chon Buri
Number of units
126
Sales Prices
฿2.15M - ฿5.25M
▼ -6.8% underpriced
Monthly Rentals
฿8K - ฿40K
Year Built
May 2011
Completion Status
Completed
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