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    1 Bedroom Condo for sale at Neo Condo
    Nong Prue, Pattaya, Chon Buri
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    Sale Price
    ฿2,500,000
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    1 Bedroom Condo for sale at Neo Condo

    (1 Review)
    Nong Prue, Pattaya, Chon Buri
    Unit ID: U1935692
    7% Rental Yield
    Tenant-Occupied until Jan 29, 2025
    1 Bedroom
    51 SqM Size
    2 Floor
    May 2011 Completed
    (1 Review)
    Sale Price
    ฿2,500,000
    6

    About This Condo

    This property is a 51 SqM condo with 1 bedroom and n/a that is available for sale. It is part of the project in Nong Prue, Pattaya and was completed in May 2011. You can buy this condo for a base price of ฿2,500,000 (฿49,020/SqM) and it is also available for long term rentals starting from ฿15,000 per month.

    Features

    BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

    Basic Information

    Date Listed Sep 18, 2024
    Updated 2 weeks ago
    Property Type Condo
    Floor 2
    Bedroom 1
    Size 51 SqM
    Price per SqM ฿49,020
    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%.

    Thai 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 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.
    ฿1,530/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1935692

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿2,500,000
    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.
    ฿1,530/mo
    Rent
    ฿15,000/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.
    14
    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.
    7%

    Project Details

    Project Name: Neo Condo
    Developer: Neo Condo Pattaya
    Construction: Completed (May 2011)
    Floors: 8
    Buildings: 2
    Units: 126
    Project Area: 4,796 SqM
    Nearest Landmark Dong Tarn Beach - 0.1 Km
    Location: Nong Prue, Pattaya
    Neo Condo Project Details

    Project Features

    On Site Restaurant On Site Restaurant
    Communal Pool Communal Pool
    Communal Gym Communal Gym
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Communal Garden Area Communal Garden Area
    Key card access Key card access

    Popular Facilities at Neo Condo

    • All
    • Leisure
    3
    • Communal Pool
      Ground Floor

    Available Units at Neo Condo

    For Sale 10 For Rent 14
    • All
    • Studio
    • 1 Bed
    Get notified when new homes are being added to Neo Condo
    View All (10)

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    Frequently Asked Questions

    No pets are allowed at Neo Condo 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 ฿30 per square meter based on the size of indoor area of the property and is ฿1,530 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 Neo Condo and it is 0.1 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 Neo Condo 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

    4 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Nice condo near the beach and surrounded by delicious restaurants
    Carlyn Ketterer, Australia, 6 years ago
    Very nice place. Just a few minutes from the sea and the beach, it can be reached in every way. It's near many amenities such as massage shops, restaurants, convenience stores on the opposite side of the project. The condo provides everything I need, such as a nice clean swimming pool, the fitness is also standard, and the security system is good as well. The room that I rented (Studio) is a well-decorated, beautiful, comfortable, spacious room suitable for living alone. If anyone who wants to relax here with the family should choose a larger size than mine. I am satisfied with staying at Neo Condo. It is a great condo in the ​​Jomtien Beach area, Pattaya. I have good memories of staying at the Neo Condo. Next time, I will come back to take the services at Neo Condo again.
    Pattaya
    Nong Prue

    Neighborhood Overview

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    Projects Nearby Neo Condo

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    ฿3.3M - ฿8.9M
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    ▼ -29% underpriced
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    ฿14K - ฿18K
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    Jul 2010
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    Number of units
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    Sales Prices
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    Number of units
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    Monthly Rentals
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    Completion Status
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    Location
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    Number of units
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    Sales Prices
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    Monthly Rentals
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    Year Built
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    Completion Status
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    Project Name
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    Location
    Nong Prue, Pattaya, Chon Buri
    Number of units
    150
    Sales Prices
    ฿15M - ฿18.5M
    ▲ 0.7% overpriced
    Monthly Rentals
    ฿43K
    Year Built
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    Completion Status
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    Project Name
    View Talay Residence 4
    Location
    Nong Prue, Pattaya, Chon Buri
    Number of units
    70
    Sales Prices
    ฿2.95M - ฿4.5M
    ▼ -18% underpriced
    Monthly Rentals
    ฿18K - ฿28K
    Year Built
    Oct 2010
    Completion Status
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    Project Name
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    Location
    Nong Prue, Pattaya, Chon Buri
    Number of units
    305
    Sales Prices
    ฿1.6M
    Monthly Rentals
    ฿9K
    Year Built
    Dec 2010
    Completion Status
    Completed
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    Location
    Nong Prue, Pattaya, Chon Buri
    Number of units
    162
    Sales Prices
    ฿890K - ฿2.5M
    Monthly Rentals
    ฿10K - ฿16K
    Year Built
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    Completion Status
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    Projects Nearby Neo Condo
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    View Talay 7
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