2 Bedroom Condo for sale at The Regent Pratumnak

(1 Review)
Nong Prue, Pattaya, Chon Buri
Unit ID: U123008
7% Rental Yield
2 Bedrooms
2 Bathrooms
100 SqM Size
7 Floor
Nov 2007 Completed

About This Condo

This property is a 100 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the The Regent Pratumnak project in Nong Prue, Pattaya and was completed in Nov 2007. You can buy this condo for a base price of ฿4,600,000 (฿46,000/SqM).

Features

Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed Nov 12, 2018
Updated 3 years ago
Property Type Condo
Floor 7
Bedrooms 2
Size 100 SqM
Price per SqM ฿46,000
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
Unfurnished
View(s) Sea View, Mountain View, City View
Unit Type 2 BDR
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.
฿3,500/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U123008

Price Analysis

Great Price
Estimated market value ฿5,822,939
Great
฿5,480,000
Good
Fair
Above
฿6,220,000
Current asking Price: ฿4,600,000 | Rental estimate: ฿25,600/mo
This condo is ฿1,222,939 BELOW MARKET (-21%) 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.
฿3,500/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.
15
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 2 bedroom condos at The Regent Pratumnak , and the current sales price.
7%

Project Details

Project Name: The Regent Pratumnak
Developer: N/A
Construction: Completed (Nov 2007)
Floors: 8
Buildings: N/A
Units: 35
Project Area: N/A
Nearest Landmark Cozy Beach - 1.2 Km
Location: Nong Prue, Pattaya
The Regent Pratumnak 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
Close
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Available Units at The Regent Pratumnak

For Sale 1 For Rent 1
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Frequently Asked Questions

No pets are allowed at The Regent Pratumnak 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 ฿3,500 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.
Cozy Beach is the nearest Beach from The Regent Pratumnak and it is 1.2 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 The Regent Pratumnak 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

3.2 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The condo is located near Pratumnak Hill
Allegra Caplan, Spain, 6 years ago
The condo is located in the heart of the city near Pratumnak Hill. Easy access to Jomtien Beach and Central Pattaya, where there is a public bus in the neighborhood, and the fee is only 10 baht. It is also not far from tourist attractions, such as the Big Buddha Temple and Jomtien Beach Market. The condo atmosphere is tranquil, and the rooms are fully furnished. However, the common area has relatively few facilities, and car parking is not enough. Overall, the price is reasonable, and the location is okay, not far from shopping centers.
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Regent Pratumnak

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Number of units
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Year Built
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Number of units
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Location
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Number of units
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