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    Studio Condo for sale at Novana Residence
    Nong Prue, Pattaya, Chon Buri
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    Sale Price
    ฿1,840,000
    Schedule Viewing

    Studio Condo for sale at Novana Residence

    (1 Review)
    Nong Prue, Pattaya, Chon Buri
    Unit ID: U72625
    7% Rental Yield
    Studio Bedroom
    1 Bathroom
    25 SqM Size
    Ground Floor Floor
    May 2012 Completed
    (1 Review)
    Sale Price
    ฿1,840,000
    8

    About This Condo

    This property is a 25 SqM studio condo with 1 bathroom that is available for sale. It is part of the project in Nong Prue, Pattaya and was completed in May 2012. You can buy this condo for a base price of ฿1,840,000 (฿73,600/SqM) and it is also available for long term rentals starting from ฿11,000 per month.

    Live Modern and Fast-Paced at Novana Residence

    Welcome to Novana Residence: an exciting opportunity for modern living in the bustling suburbs of Nong Prue, Chon Buri. With 25 sqm of space and one bathroom, this abode is an ideal fit for a range of lifestyles, from trendy singleton to a newlywed couple. Boasting of a well-designed layout, this property allows plenty of ventilation and permeates a sense of light-filled living. Construction on the Novana Residence concluded in May 2012 and its aesthetic charm and meticulous maintenance provide a secure residence for its occupants. Whatever your budget maybe, there's something to satisfy your housing needs. With sale prices at ฿1,750,000 (฿70,000/SqM) and long-term rental options starting at ฿11,000 per month, this delightful studio condominium makes a great starting point for those seeking a convenient home in the city. Location-wise, it is located in an ever-developing district with numerous facilities such as pharmacies, department stores, shopping malls, cinemas, schools, medical centres and open spaces. Whether it be for business or leisure purposes, this unit is in close proximity to numerous points of interest. So, if life in the fast lane appeals to you and you don't want to miss this rare opportunity, then inquire now!

    Features

    Pool AccessPool Access BalconyBalcony

    Basic Information

    Date Listed Nov 1, 2022
    Updated 1 month ago
    Property Type Condo
    Floor Ground Floor
    Bedroom Studio
    Size 25 SqM
    Price per SqM ฿73,600
    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, Company
    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) 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.
    ฿750/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U72625

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿1,840,000
    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.
    ฿750/mo
    Rent
    ฿11,000/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: Novana Residence
    Developer: Nova Group
    Construction: Completed (May 2012)
    Floors: 8
    Buildings: 1
    Units: 259
    Project Area: 2,400 SqM
    Nearest Landmark South Pattaya Beach - 0.9 Km
    Location: Nong Prue, Pattaya
    Novana Residence Project Details

    Project Features

    Communal Pool Communal Pool
    Jacuzzi Jacuzzi
    Communal Gym Communal Gym
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Sauna Sauna
    Reception / Lobby Area Reception / Lobby Area
    Communal Garden Area Communal Garden Area
    Back Up Generators Back Up Generators

    Popular Facilities at Novana Residence

    • All
    • Fitness
    • Leisure
    • Convenience
    3
    • Reception / Lobby Area
      Ground Floor
    • Communal Pool
      Ground Floor
    • Communal Gym
      Ground Floor

    Available Units at Novana Residence

    For Sale 5 For Rent 3
    • All
    • Studio
    • 1 Bed
    Get notified when new homes are being added to Novana Residence
    View All (5)

    Loan Calculator

    Frequently Asked Questions

    No pets are allowed at Novana 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 ฿30 per square meter based on the size of indoor area of the property and is ฿750 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.
    South Pattaya Beach is the nearest Beach from Novana Residence 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 Novana 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

    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
    Near Pattaya Beach, reasonable price
    Myong Pearse, South Korea, 5 years ago
    My wife and I moved here for 2 years, and I bought a 1 bedroom condo with fully furnished. It's very worthwhile because it is located in a prime location, easily accessible, and close to Pattaya Beach. My room delivers a beautiful pool view and lovely scenery. The room is not damp, and wifi is too slow some days. I want the team to come and have a look at this matter. In general, everything was okay. Facilities are good, and the common areas are clean and pleasant. I love to go to use the facilities very often. I want to say thank you to the team for especially caring about
    Pattaya
    Nong Prue

    Neighborhood Overview

    Location and Neighborhood

    Street View

    Projects Nearby Novana Residence

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    Project Name
    Hyde Park Residence 2
    Location
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    Number of units
    109
    Sales Prices
    ฿1.54M - ฿4.88M
    ▼ -9% underpriced
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    Number of units
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    Sales Prices
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    ▲ 3.1% overpriced
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    Completion Status
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    Number of units
    252
    Sales Prices
    ฿1.67M - ฿4.88M
    ▲ 2.6% overpriced
    Monthly Rentals
    ฿9.97K - ฿12K
    Year Built
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    Completion Status
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    Project Name
    Unixx South Pattaya
    Location
    Nong Prue, Pattaya, Chon Buri
    Number of units
    1207
    Sales Prices
    ฿1.98M - ฿11.4M
    ▼ -16.7% underpriced
    Monthly Rentals
    ฿7.97K - ฿34.9K
    Year Built
    Dec 2015
    Completion Status
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    Project Name
    Arcadia Millennium Tower
    Location
    Nong Prue, Pattaya, Chon Buri
    Number of units
    803
    Sales Prices
    ฿2.54M - ฿13.1M
    ▼ -17.3% underpriced
    Monthly Rentals
    ฿14.9K - ฿59.8K
    Year Built
    Dec 2021
    Completion Status
    Completed
    Project Name
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    Location
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    Number of units
    85
    Sales Prices
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    ▼ -35% underpriced
    Monthly Rentals
    ฿14.9K
    Year Built
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    Completion Status
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    Projects Nearby Novana Residence
    Save
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    Unixx South Pattaya
    Arcadia Millennium Tower
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