1 Bedroom Condo for sale at Executive Residence 3

(1 Review)
Nong Prue, Pattaya, Chon Buri
Unit ID: U35586
6% Rental Yield
Tenant-Occupied until Jul 1, 2025
1 Bedroom
1 Bathroom
104 SqM Size
5 Floor
Jun 2011 Completed

About This Condo

This property is a 104 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Nong Prue, Pattaya and was completed in Jun 2011. You can buy this condo for a base price of ฿4,600,000 (฿44,231/SqM) and it is also available for long term rentals starting from ฿22,000 per month.

Situated in the highly sought-after Nong Prue region of Chon Buri Province, this delightful 104 SQM condominium provides a wonderful opportunity to secure a tastefully appointed abode, perfect for business professionals and/or couples alike. Drawing upon the allure of contemporary architecture, the property enjoys both a striking exterior and interior design, melding modish yet functional aesthetics that is bound to appeal to the modern tenant. Step through the doors of the gleaming, air-conditioned apartment and be welcomed by a bright, open-plan living, dining and kitchen area, featuring spotless floor tiling and enough space for cozy furniture. The room enjoys a neutral blush colour-scheme, allowing for a wide degree of personalisation, with sun-kissed mornings greeting tenants through a serenely framed balcony. The kitchen is equipped with a suite of modern practical furnishings, offering delectable choices in appeal and preparation. Adjacent is a reliable washing machine area and other essential household utilities, ready and waiting to welcome new tenants. Further attractions include ready-access to the nearby beach, as well as a wealth of trendy bars, restaurants, and supermarkets. Enquire now to make use of this enviable opportunity and capitalise on a stylish and well-situated rental residence. 

Features

BalconyBalcony Full Western KitchenFull Western Kitchen BathtubBathtub MicrowaveMicrowave OvenOven TVTV

Basic Information

Date Listed Oct 18, 2022
Updated 5 days ago
Property Type Condo
Floor 5
Bedroom 1
Size 104 SqM
Price per SqM ฿44,231
Pets Not Allowed
Condo Ownership

Foreign nationals can own condominium units as freehold owners in buildings where no 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 it is currently below 49%.

N/A
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, Pool 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.
฿4,160/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U35586

Investment Opportunity: Charges & Yield

Sale Price
฿4,600,000
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.
฿4,160/mo
Rent
฿22,000/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.
17
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.
6%

Project Details

Project Name: Executive Residence 3
Developer: N/A
Construction: Completed (Jun 2011)
Floors: 7
Buildings: N/A
Units: 40
Project Area: N/A
Nearest Landmark Pratumnak Beach - 0.7 Km
Location: Nong Prue, Pattaya
Executive Residence 3 Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking

Available Units at Executive Residence 3

For Sale 2 For Rent 1
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Frequently Asked Questions

No pets are allowed at Executive Residence 3 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 ฿40 per square meter based on the size of indoor area of the property and is ฿4,160 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 Executive Residence 3 and it is 0.7 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 Executive Residence 3 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

Reviews

3.7 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Perfect!
Kyungsoo Min, South Korea, 7 years ago
Perfect private accommodation in front of Pattaya and Jomtien beaches, if you don't like the chaotic, crowded people, here is another option for you. The project is located in the alley, but it has complete amenities close to convenience stores, restaurants, and money exchange. The exterior is a bit old. But when entering the building, you will be very surprised because the room looks new and very spacious, decorated luxuriously. There is a complete set of furniture in the room with kitchenware; the hot and cold water system works well. The room's highlight is that the balcony is very wide; it lies along the entire. The common area of ​​the project includes a swimming pool, a garden, and a gym. Close to Cozy Beach and Jomtien Beach, only 4 kilometers away.
Pattaya
Nong Prue

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Location and Neighborhood

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Projects Nearby Executive Residence 3

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
Nong Prue, Pattaya, Chon Buri
Number of units
128
Sales Prices
฿14M
▼ -2% underpriced
Monthly Rentals
N/A
Year Built
Jun 2011
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
157
Sales Prices
฿1.9M - ฿5.3M
▼ -16.2% underpriced
Monthly Rentals
฿9K - ฿12K
Year Built
Nov 2015
Completion Status
Completed
Project Name
Jewel Pratumnak
Location
Nong Prue, Pattaya, Chon Buri
Number of units
121
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฿4M - ฿4.99M
▲ 3.6% overpriced
Monthly Rentals
฿16K - ฿45K
Year Built
Nov 2017
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
245
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฿2.9M - ฿5M
▼ -36% underpriced
Monthly Rentals
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Year Built
Jan 1991
Completion Status
Completed
Project Name
Siam Garden 3
Location
Nong Prue, Pattaya, Chon Buri
Number of units
76
Sales Prices
฿1.93M - ฿3.81M
▼ -21.4% underpriced
Monthly Rentals
N/A
Year Built
Dec 2015
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
119
Sales Prices
฿4.5M - ฿7.5M
▼ -8% underpriced
Monthly Rentals
฿10K - ฿20K
Year Built
Dec 2017
Completion Status
Completed
Project Name
Tudor Court
Location
Nong Prue, Pattaya, Chon Buri
Number of units
136
Sales Prices
฿3.35M - ฿6.99M
▲ 5.5% overpriced
Monthly Rentals
฿20K
Year Built
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Completion Status
Completed
Project Name
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Location
Nong Prue, Pattaya, Chon Buri
Number of units
221
Sales Prices
฿2.95M - ฿7.95M
▼ -25.2% underpriced
Monthly Rentals
฿18K - ฿23K
Year Built
Jul 2016
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
76
Sales Prices
฿1.69M - ฿2M
▼ -28% underpriced
Monthly Rentals
N/A
Year Built
Dec 2015
Completion Status
Completed
Project Name
Park Royal 1
Location
Nong Prue, Pattaya, Chon Buri
Number of units
38
Sales Prices
฿1.6M
Monthly Rentals
฿10K
Year Built
May 2009
Completion Status
Completed
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