Studio Condo for sale at Laguna Beach Resort 1

(1 Review)
Nong Prue, Pattaya, Chon Buri
Unit ID: U122669
8% Rental Yield
Studio Bedroom
1 Bathroom
24 SqM Size
1 Floor
Jun 2015 Completed

About This Condo

This property is a 24 SqM studio condo with 1 bathroom that is available for sale. It is part of the Laguna Beach Resort 1 project in Nong Prue, Pattaya and was completed in Jun 2015. You can buy this condo for a base price of ฿1,150,000 (฿47,917/SqM).

Stylish Modern Studio at Laguna Beach Resort: An Investment Opportunity

This 24 sqm studio condo offers a fantastic opportunity for prospective investors to acquire a high-yielding property that enjoys a premium position. Ideally situated in Nong Prue, Chon Buri, the Laguna Beach Resort 1 project features a host of desirable features and amenities.The condo itself boasts modern construction standards and impeccable styling, benefiting from 1 bathroom and balcony. Completed in June 2015, the condo also benefits from pristine condition. Its strategic location and modern features guarantee future growth potential and a high quality of living.Prospective buyers can avail of a base price of ฿1,150,000 (฿47,917 per sqm), making it a highly desirable investment. The condo presents an excellent opportunity for investors looking to increase their property portfolio value and benefit from strong rental yields. A series of reputable local attractions, such as Central Festival Pattaya, Pattaya Floating Market and Nong Nooch Tropical Botanical Garden, are all conveniently accessible, offering immense potential for growth.This opportunity would well suit investors seeking a modern, stylish and highly desirable property. With its carefully crafted interior design and excellent potential for capital return, this laguna beach resort condo is a highly profitable investment.

Features

BalconyBalcony

Basic Information

Date Listed Nov 7, 2018
Updated 3 years ago
Property Type Condo
Floor 1
Bedroom Studio
Size 24 SqM
Price per SqM ฿47,917
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
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) Garden 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.
฿840/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U122669

Price Analysis

Good Price
Estimated market value ฿1,166,514
Great
฿1,070,000
Good
Fair
Above
฿1,350,000
Current asking Price: ฿1,150,000 | Rental estimate: ฿7,890/mo
This condo is ฿16,514 BELOW MARKET (-1%) 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

Sale Price
฿1,150,000
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.
฿840/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 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 Laguna Beach Resort 1, and the current sales price.
8%

Project Details

Project Name: Laguna Beach Resort 1
Construction: Completed (Jun 2015)
Floors: 8
Buildings: 3
Units: 660
Project Area: 7,800 SqM
Nearest Landmark Jomtien Beach North - 0.8 Km
Location: Nong Prue, Pattaya
Laguna Beach Resort 1 Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
Bar Bar
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Communal Garden Area Communal Garden Area

Popular Facilities at Laguna Beach Resort 1

  • Communal Pool
    1st Floor
  • Communal Gym
    1st Floor

Available Units at Laguna Beach Resort 1

For Sale 16 For Rent 5
Updated 1 week ago
Available Units at Laguna Beach Resort 1
฿1,850,000
฿46,250/SqM
Beds 1 Beds
Baths 1 Baths
Size 40 SqM Size
Floor 5 Floor
Foreign Quota Fully Furnished Mountain View
Updated 6 days ago
Available Units at Laguna Beach Resort 1
฿2,000,000
฿45,455/SqM
Beds 1 Beds
Baths 1 Baths
Size 44 SqM Size
Floor 7 Floor
Foreign Quota Fully Furnished Pool View
Available Units at Laguna Beach Resort 1
฿1,650,000
฿41,250/SqM
Beds 1 Beds
Baths 1 Baths
Size 40 SqM Size
Floor 4 Floor
Thai Quota Partly Furnished
Updated 1 month ago
Available Units at Laguna Beach Resort 1
฿2,450,000
฿51,042/SqM
Beds 1 Beds
Baths 1 Baths
Size 48 SqM Size
Floor 8 Floor
Foreign Quota Fully Furnished Pool View
Available Units at Laguna Beach Resort 1
฿1,700,000
฿42,500/SqM
Beds 1 Beds
Baths 1 Baths
Size 40 SqM Size
Floor 1 Floor
Fully Furnished
Available Units at Laguna Beach Resort 1
฿1,230,000
฿49,200/SqM
Beds Studio Beds
Baths 1 Baths
Size 25 SqM Size
Floor 7 Floor
Fully Furnished
Available Units at Laguna Beach Resort 1
฿1,105,000
฿42,697/SqM
Great Price
Beds Studio Beds
Baths 1 Baths
Size 25.88 SqM Size
Floor 7 Floor
Company Fully Furnished Park View
Available Units at Laguna Beach Resort 1
฿1,250,000
฿48,077/SqM
Beds Studio Beds
Baths 1 Baths
Size 26 SqM Size
Floor 6 Floor
Thai Quota Fully Furnished City View
Available Units at Laguna Beach Resort 1
฿2,310,000
฿60,789/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 38 SqM Size
Floor 7 Floor
Fully Furnished Pool View
Available Units at Laguna Beach Resort 1
฿1,360,000
฿54,400/SqM
Beds Studio Beds
Baths 1 Baths
Size 25 SqM Size
Floor 3 Floor
Thai Quota Fully Furnished Pool View
Available Units at Laguna Beach Resort 1
฿1,850,000฿1,950,000
฿42,045/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 44 SqM Size
Floor 6 Floor
Thai Quota Fully Furnished Park View
Available Units at Laguna Beach Resort 1
฿1,150,000
฿47,917/SqM
Good Price
Beds Studio Beds
Baths 1 Baths
Size 24 SqM Size
Floor 1 Floor
Thai Quota Fully Furnished Garden View
Available Units at Laguna Beach Resort 1
฿1,290,000
฿51,600/SqM
Beds Studio Beds
Baths 1 Baths
Size 25 SqM Size
Floor 3 Floor
Thai Quota Fully Furnished Park View
Available Units at Laguna Beach Resort 1
฿1,150,000
฿47,917/SqM
Good Price
Beds Studio Beds
Baths 1 Baths
Size 24 SqM Size
Floor 1 Floor
Thai Quota Fully Furnished Garden View
Available Units at Laguna Beach Resort 1
฿1,600,000
฿59,259/SqM
Beds Studio Beds
Baths 1 Baths
Size 27 SqM Size
Floor Ground Floor Floor
Thai Quota Fully Furnished Pool View
Available Units at Laguna Beach Resort 1
฿1,150,000
฿47,917/SqM
Good Price
Beds Studio Beds
Baths 1 Baths
Size 24 SqM Size
Floor 1 Floor
Thai Quota Fully Furnished Garden View
Get notified when new homes are being added to Laguna Beach Resort 1
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Loan Calculator

Frequently Asked Questions

No pets are allowed at Laguna Beach Resort 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 ฿35 per square meter based on the size of indoor area of the property and is ฿840 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 Beach Resort 1 the required payment for the sinking fund is ฿350 per square meter based on the size of the indoor area of the property.
Jomtien Beach North is the nearest Beach from Laguna Beach Resort 1 and it is 0.8 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 Beach Resort 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
฿20,000
1st Installment
On Contract within 2 Weeks
15%
2nd Installment
Within 1 Months
85%

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 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Nice swimming pool, giving a sense of in the sea
Tu Coulston, Thailand, 5 years ago
The pool is very beautiful, big, and wide. My kids love it! Every day, they spend most of the time at the pool, and I watched my children swimming. The condo atmosphere was very good, giving me a feeling of comfort and serenity as if to recharge the body and mind. Laguna Beach Resort is a condominium in a good location, quiet, and not crowded. The neighbors and staff in the condo are friendly and lovely. I felt comfortable during this stay. I was not disappointed that I bought a 1 bedroom condo as a vacation rental place when I'm bored with city life. Just drive to Pattaya for a few hours, and I can have leisure time here. Overall, My kids and I love Laguna Beach Resort Condominium, and it is a good option for a relaxation place. Besides, this condo is within walking distance of Jomtien Beach as well.
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Laguna Beach Resort 1

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
Project Name
Palm Oasis
Location
Nong Prue, Pattaya, Chon Buri
Number of units
40
Sales Prices
฿9.07M - ฿30M
▼ -6.5% underpriced
Monthly Rentals
฿57K
Year Built
Nov 2012
Completion Status
Completed
Project Name
The Park Jomtien
Location
Nong Prue, Pattaya, Chon Buri
Number of units
162
Sales Prices
฿5.3M - ฿8.9M
Monthly Rentals
฿25K - ฿42.5K
Year Built
Dec 2010
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
1750
Sales Prices
฿1.35M - ฿7.8M
▼ -10.9% underpriced
Monthly Rentals
฿6K - ฿18K
Year Built
Jun 2017
Completion Status
Completed
Project Name
Gardenia Pattaya
Location
Nong Prue, Pattaya, Chon Buri
Number of units
54
Sales Prices
฿5.72M - ฿8.17M
Monthly Rentals
N/A
Year Built
May 2023
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
512
Sales Prices
฿2.85M - ฿8.93M
▼ -10.4% underpriced
Monthly Rentals
฿16K - ฿62K
Year Built
Dec 2022
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
531
Sales Prices
฿2.46M - ฿6.8M
▼ -4.3% underpriced
Monthly Rentals
฿12.9K - ฿15K
Year Built
Jun 2016
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
56
Sales Prices
฿10M - ฿12.9M
▲ 5% overpriced
Monthly Rentals
N/A
Year Built
Jun 2022
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
1450
Sales Prices
฿1.99M - ฿4.19M
▼ -7.3% underpriced
Monthly Rentals
฿10K - ฿15.5K
Year Built
Dec 2015
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
919
Sales Prices
฿2.08M - ฿6.48M
▼ -4.7% underpriced
Monthly Rentals
฿15K - ฿30K
Year Built
Jun 2022
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
1100
Sales Prices
฿1.2M - ฿4.18M
▼ -12% underpriced
Monthly Rentals
฿5K - ฿11K
Year Built
Jan 2016
Completion Status
Completed
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