Studio Condo for sale at View Talay 5

(5 Reviews)
Nong Prue, Pattaya, Chon Buri
Unit ID: U59036
7% Rental Yield
Studio Bedroom
1 Bathroom
48 SqM Size
6 Floor
Sep 2007 Completed

About This Condo

This property is a 48 SqM studio condo with 1 bathroom that is available for sale. It is part of the View Talay 5 project in Nong Prue, Pattaya and was completed in Sep 2007. You can buy this condo for a base price of ฿2,570,000 (฿53,542/SqM).

Features

BalconyBalcony

Basic Information

Date Listed Dec 20, 2017
Updated 3 years ago
Property Type Condo
Floor 6
Bedroom Studio
Size 48 SqM
Price per SqM ฿53,542
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%.

Foreign 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) Partial Sea View, 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.
฿720/mo
Listed By
Each listing provided by partnered agents is individually verified by FazWaz. Partner Agents work for different brokerages or property management companies but have teamed up with FazWaz so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U59036

Price Analysis

Great Price
Estimated market value ฿2,907,486
Great
฿2,390,000
Good
Fair
Above
฿3,890,000
Current asking Price: ฿2,570,000 | Rental estimate: ฿14,800/mo
This condo is ฿337,486 BELOW MARKET (-12%) 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.
฿720/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.
14
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 View Talay 5, and the current sales price.
7%

Project Details

Project Name: View Talay 5
Construction: Completed (Sep 2007)
Floors: 22
Buildings: N/A
Units: 1968
Project Area: N/A
Nearest Landmark Dong Tarn Beach - 0.2 Km
Location: Nong Prue, Pattaya
View Talay 5 Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
Bar Bar
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
Communal Garden Area Communal Garden Area
Close
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Available Units at View Talay 5

For Sale 3 For Rent 9
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Frequently Asked Questions

No pets are allowed at View Talay 5 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 ฿15 per square meter based on the size of indoor area of the property and is ฿720 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 View Talay 5 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 View Talay 5 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
Based on
5 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
This building can survive a hurricane
Verified Visitor, 3 years ago
I have stayed here multiple times and these units are sold construction, you don't often see that kind of high quality construction in Pattaya. Spacious and materials are sustainable. This is absolutely worth an investment for long term or end users. Its hard to beat this kind price and product combination
Condo near Jomtien Beach
Tina Coyne, China, 4 years ago
It is a beautiful condo, a large swimming pool, and an on-site restaurant near the pool, serving Thai and Western cuisine. View Talay 5 is a good location condo, not far from Jomtien Beach, just 6 minutes away, and it is not crowded. It is very convenient to travel because the condo is located not far from the main road. Here, both the owner and the receptionist are helpful. But the room I rented is quite old because the project itself has a rather old and outdated building, it's understandable. However, it's worth the price with the condo close to the beach.
The large balcony room has a sea view.
Kiera Winbush, Germany, 5 years ago
The room here has both a sea view and a pool view. The room I stay in is a sea view room. There are 2 large bedrooms. The condo here is also available for rent in a hotel-management with good zoning. Therefore, it is not too crowded. As for the parking lot, it is spacious. There are a lot of rooms in this condo. The neighborhoods are also residential areas. Therefore, there are many restaurants and convenience stores along the route. Walk to the beach takes only 5-10 minutes.
High-rise condominium with a stunning view
Charles Drye, United States, 5 years ago
A large high-rise condominium with a very beautiful view. Well decorated interior made from wooden materials. The entire area is warm, spacious, and pleasant to live. There is a kitchen corner that I can cook food. On a large balcony, I can go out and chill in my free time. The project also offers a large outdoor pool, fitness center, relaxation area, and the staff provide good service and be friendly to residents. The project offers a large outdoor pool, fitness center, relaxation area, and the staff also provide good service and be friendly to residents. There is a restaurant by the pool; the food is so delicious that I come almost every day. It is not far from Dongtan Beach and Jomtien Beach; you can walk in 2-3 minutes, very convenient!
Spacious room, good view near Dongtan and Jomtien Beaches
Shaquita Islas, Spain, 5 years ago
The room was very spacious, and the view was amazing. I was fortunate to stay on the high floor to see the Pattaya city and sea views from my room. I rented a studio room because I live alone. The studio rooms here are not small because the room size is about 40-49 square meters. I think the area is perfect for living alone. In addition to the area, the furniture and design are beautiful and up to standard. Besides, the project also has common areas, such as a swimming pool, a gym, a garden, a pool bar, and shops in the project. The transportation is very convenient for residents because it is very close to Dongtan Beach and Jomtien Beach, just a few minutes by foot. Overall, I am quite satisfied with this place. Sometimes, the area can be noisy and busy because this project has a lot of residential units. It can disturb your living.
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby View Talay 5

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
Grand Condotel
Location
Nong Prue, Pattaya, Chon Buri
Number of units
150
Sales Prices
฿12.5M - ฿18M
▲ 0.7% overpriced
Monthly Rentals
฿43K
Year Built
Nov 1988
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
795
Sales Prices
฿1.35M - ฿18.5M
Monthly Rentals
N/A
Year Built
Jun 1986
Completion Status
Completed
Project Name
View Talay 7
Location
Nong Prue, Pattaya, Chon Buri
Number of units
936
Sales Prices
฿3.05M
▼ -29% underpriced
Monthly Rentals
฿18K - ฿25K
Year Built
Jul 2010
Completion Status
Completed
Project Name
ASONGKHAI
Location
Nong Prue, Pattaya, Chon Buri
Number of units
1
Sales Prices
฿385M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Made To Order
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
Location
Nong Prue, Pattaya, Chon Buri
Number of units
284
Sales Prices
฿3.5M - ฿35.7M
▲ 22% overpriced
Monthly Rentals
฿18K - ฿75K
Year Built
Dec 1989
Completion Status
Completed
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
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
Project Name
Jomtien Complex
Location
Nong Prue, Pattaya, Chon Buri
Number of units
1118
Sales Prices
฿3.5M - ฿8.9M
▼ -4% underpriced
Monthly Rentals
฿20K - ฿100K
Year Built
Mar 1995
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
899
Sales Prices
฿3.9M - ฿28.2M
Monthly Rentals
N/A
Year Built
Nov 2029
Completion Status
Off Plan
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