Studio Condo for sale at South Beach Condominium

(1 Review)
Nong Prue, Pattaya, Chon Buri
Unit ID: U81427
Studio Bedroom
1 Bathroom
32 SqM Size
2 Floor
Nov 2012 Completed

About This Condo

This property is a 32 SqM studio condo with 1 bathroom that is available for sale. It is part of the South Beach Condominium project in Nong Prue, Pattaya and was completed in Nov 2012. You can buy this condo for a base price of ฿1,500,000 (฿46,875/SqM).

Basic Information

Date Listed Aug 11, 2018
Updated 3 years ago
Property Type Condo
Floor 2
Bedroom Studio
Size 32 SqM
Price per SqM ฿46,875
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) City View
Unit Type Studio
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.
฿1,664/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U81427

Price Analysis

Great Price
Estimated market value ฿1,938,381
Great
฿1,870,000
Good
Fair
Above
฿2,340,000
Current asking Price: ฿1,500,000
This condo is ฿438,381 BELOW MARKET (-23%) 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.
฿1,664/mo

Project Details

Project Name: South Beach Condominium
Developer: N/A
Construction: Completed (Nov 2012)
Floors: 7
Buildings: N/A
Units: 56
Project Area: N/A
Nearest Landmark Pratumnak Beach - 0.9 Km
Location: Nong Prue, Pattaya
South Beach Condominium 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
Reception / Lobby Area Reception / Lobby Area
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Available Units at South Beach Condominium

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Frequently Asked Questions

No pets are allowed at South Beach Condominium 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 ฿52 per square meter based on the size of indoor area of the property and is ฿1,664 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.
Pratumnak Beach is the nearest Beach from South Beach Condominium and it is 0.9 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 South Beach Condominium 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
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
It is suitable for residence and investment.
Kim Lee, South Korea, 4 years ago
There is only one condo here, so it is relatively peaceful and private. The common area is quite spacious. The deck includes a swimming pool and a lounge area overlooking the beach. The room has a large balcony and is fully furnished. The project offers a good security system, and getting to the project is easy and convenient. I think the disadvantage will be the car parking is relatively small and too narrow. Maybe you have to waste a lot of time looking for a parking space. Overall, it is suitable to purchase for residence and investment.
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

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