Studio Condo for sale at Nova Mirage Wongamat

4 (1 Review)
Na Kluea, Pattaya, Chon Buri
Unit ID: U32458
10% Rental Yield
Sold Great Price
Studio Bedroom
1 Bathroom
44 SqM Size
2 Floor
Nov 2007 Completed

About This Condo

This property is a 44 SqM studio condo with 1 bathroom that is available for sale. It is part of the Nova Mirage Wongamat project in Na Kluea, Pattaya and was completed in Nov 2007. You can buy this condo for a base price of ฿1,600,000 (฿36,364/SqM) and it is also available for long term rentals starting from ฿13,000 per month.

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 2
Bedroom Studio
Size 44 SqM
Price per SqM ฿36,364
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) City 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.
฿1,320/mo
Listed By
Private Owner
Date Listed Aug 25, 2017
Last Updated 1 month ago
Unit ID U32458

3D Walkthrough

Price Analysis

Great Price
Estimated market value ฿2,457,467
Great
฿1,680,000
Good
Fair
Above
฿2,980,000
Current asking Price: ฿1,600,000 | Advertised rental rate: ฿13,000/mo
This condo is ฿857,467 BELOW MARKET (-35%) 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.
฿1,320/mo
Rent
฿13,000/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.
10
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.
10%

Project Details

Project Name: Nova Mirage Wongamat
Developer: Nova Group
Construction: Completed (Nov 2007)
Floors: 8
Buildings: 3
Units: 189
Project Area: N/A
Nearest Landmark Wong Amat Beach - 0.2 Km
Location: Pattaya, Chon Buri
Nova Mirage Wongamat Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Direct Beach Access Direct Beach Access
Reception / Lobby Area Reception / Lobby Area
Close
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This condo was reserved by another buyer but check out these similar properties

Available Units at Nova Mirage Wongamat

For Sale 6 For Rent 6
Get notified when new homes are being added to Nova Mirage Wongamat

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Frequently Asked Questions

No pets are allowed at Nova Mirage Wongamat 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 ฿30 per square meter based on the size of indoor area of the property and is ฿1,320 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.
Wong Amat Beach is the nearest Beach from Nova Mirage Wongamat and it is 0.2 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 Nova Mirage Wongamat 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 out of 5 4
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Condo, amidst of the Pattaya city and nice design
4 Sujira A., Thailand, 4 years ago
I have been living in Pattaya for many years, and I am looking for a condo for leisure. This project was recommended by my friend because it is in a good location, inexpensive, and looks good. It offers a classic-modern design in the room that is perfect for living. Moreover, It is also surrounded by a variety of amenities, making it convenient and close to a friend's house. It is easy and convenient to travel in this area, which meets various needs. So, I decided to rent a one-bedroom condo here.
Pattaya
Na Kluea

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Nova Mirage Wongamat

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
Na Kluea, Pattaya, Chon Buri
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Monthly Rentals
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Year Built
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Completion Status
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Number of units
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Year Built
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Completion Status
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Location
Na Kluea, Pattaya, Chon Buri
Number of units
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Number of units
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฿20.1K - ฿35.2K
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Completion Status
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Number of units
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Project Name
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Location
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Number of units
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฿3.63M - ฿65.5M
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฿10.1K - ฿85.6K
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Completion Status
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Location
Na Kluea, Pattaya, Chon Buri
Number of units
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Sales Prices
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Monthly Rentals
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Year Built
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Completion Status
Completed
Project Name
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Location
Na Kluea, Pattaya, Chon Buri
Number of units
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Location
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Number of units
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Year Built
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Completion Status
Completed
Location
Na Kluea, Pattaya, Chon Buri
Number of units
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Monthly Rentals
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Completion Status
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