Looking for a condo with a long term tenant in-situ offering a good return?
We have a long established customer that would like to sell their properties in Nova Mirage Condominium at Wongamat.
Nova Mirage is a boutique, low rise development located on Naklua Soi 16 and only a short walk to the beach that runs parallel with the Soi. Consisting of three buildings, the resort style development has two swimming pools, a fitness centre, adequate parking and CCTV and 24 hour manned security and provides easy access to the abundance of cafes, restaurants and shopping outlets in the area.
A well managed and maintained development the maintenance fees are still a low 30 Baht/sqm./month.
For sale with tenants in-situ on long term recurring contracts we have:
Level 2: 44 sqm. studio in Thai name (can be transferred to Thai company name) at 1,900,000 Baht with tenant paying 14,000 Baht/month + utilities. Maintenance fees are 1,320 Baht/month, offering a return of 8%.
Level 7: 88 sqm. 1 bedroom, 2 bathroom, contemporary style condo in foreign quota at 4,800,000 Baht with tenant paying 28,000 Baht/month + utilities. Maintenance fees are 2,640 Baht/month, offering a return of 6.3%.
Level 8: 1 bedroom, 2 bathroom, traditionally furnished condo in foreign quota at 4,800,000 Baht with tenant paying 28,000 Baht/month + utilities. Maintenance fees are 2,640 Baht/month, offering a return of 6.3%.
Also available for sale with vacant possession:
Level 2: 44 sqm. studio in Thai name (can be transferred to Thai company name) at 1,900,000 Baht. Rental at 14,000 Baht/month less maintenance fees would offer a return of 8%.
Level 1. 88 sqm. 1 bedroom, 2 bathroom, recently renovated pool access condo in Thai company name at 3,300,000 Baht. Rental at 22,000 to 25,000 Baht/month less maintenance fees would offer a 7% to 8% return.
Transfer fees on all condos 50/50.
We have many other condos and houses available for sale in other developments throughout the Pattaya area with tenants offering returns of 5% plus. Some properties are available with vendor finance if required.
For more information, photos, or to view available properties, please contact us.
Line: fareastpropertygroup