Studio Condo for sale at Jomtien Plaza Residence

(1 Review)
Nong Prue, Pattaya, Chon Buri
Unit ID: U156083
10% Rental Yield
Studio Bedroom
1 Bathroom
47 SqM Size
5 Floor
Jun 2008 Completed

About This Condo

This property is a 47 SqM studio condo with 1 bathroom that is available for sale. It is part of the Jomtien Plaza Residence project in Nong Prue, Pattaya and was completed in Jun 2008. You can buy this condo for a base price of ฿2,513,000 (฿53,468/SqM) and it is also available for long term rentals starting from ฿21,000 per month.

Features

BalconyBalcony Full Western KitchenFull Western Kitchen

Basic Information

Date Listed Mar 30, 2019
Updated 3 years ago
Property Type Condo
Floor 5
Bedroom Studio
Size 47 SqM
Price per SqM ฿53,468
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, Blocked 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.
฿1,175/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 U156083

Price Analysis

Great Price
Estimated market value ฿3,124,508
Great
฿2,290,000
Good
Fair
Above
฿3,290,000
Current asking Price: ฿2,513,000 | Advertised rental rate: ฿21,000/mo
This condo is ฿611,508 BELOW MARKET (-20%) 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
฿2,513,000
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.
฿1,175/mo
Rent
฿21,000/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: Jomtien Plaza Residence
Developer: N/A
Construction: Completed (Jun 2008)
Floors: 6
Buildings: N/A
Units: 237
Project Area: N/A
Nearest Landmark Dong Tarn Beach - 0.4 Km
Location: Nong Prue, Pattaya
Jomtien Plaza 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

Available Units at Jomtien Plaza Residence

For Sale 3 For Rent 2
Get notified when new homes are being added to Jomtien Plaza Residence
View All (3)

Loan Calculator

Frequently Asked Questions

No pets are allowed at Jomtien Plaza 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 ฿25 per square meter based on the size of indoor area of the property and is ฿1,175 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 Plaza Residence and it is 0.4 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 Plaza 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
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A nice large studio room!
Timo H., Finland, 5 years ago
A nice large studio room! The furniture is a bit outdated but still working. The electric appliances are complete with a TV, a fridge, a microwave. I can't get the sea view from the room, but you can walk to Dongtan Beach and Jomtien Beach, not far at all. In my project neighborhood, there are restaurants and convenience stores, quite convenient! The project has a gym and a pool. It's quite crowded as parts of the condominium are available for daily rentals. The staff is quite nice. In my recent stay, I left the phone in the lobby, and the staff kept it for me. Thank you so much. For those who love the nightlife, the place is not far from Walking Street, just 10 minutes drive. If you are looking for vacation accommodation for your weekend, this can be an interesting option. It's also not far from Bangkok, about an hour's drive. You'd better double-check the name again as many accommodations around Jomtien Beach can have similar names.
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Jomtien Plaza 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
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
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
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
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
64
Sales Prices
฿2.4M - ฿7.9M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
20
Sales Prices
฿15.5M - ฿35M
Monthly Rentals
฿65K - ฿80K
Year Built
Jan 2011
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
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
View Talay 5
Location
Nong Prue, Pattaya, Chon Buri
Number of units
1968
Sales Prices
฿2.6M - ฿3.5M
▲ 6% overpriced
Monthly Rentals
฿15K - ฿50K
Year Built
Sep 2007
Completion Status
Completed
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