Guest travelerjim Posted October 24, 2009 Posted October 24, 2009 Dear Friends, An American friend has decided to place his newly remodeled Center Condo for sale - due to immediate family health reasons back in America. Center Condos on South Pattaya Road This one bedroom condo is in perfect condition...and ready to move into! Located on the 14th floor and faces east (the best location for coolness and quiet)....it is fully furnished, and features twin high efficiency air conditioners, two leather LazyBoy Recliners, King Size bed, Teak Dining Table/Chairs, extensive Teak Wood decor and doors, a 42" LCD Samsung Flat Screen TV with Surround Sound System, Frost Free double door refrigerator, microwave, electric stove, oven and convection oven, washer & dryer...with much, more more for your immediate move in and enjoyment. The Center Condo location on South Pattaya Road, across from TukCom IT Center, is location, location, location for South Pattaya. Offered at 2.7 Million Thai Baht, it is extraordinary good value. It is in foreigner name for easy transfer to a new foreign owner or Thai as well. For more information and personal showing, , please pm me. Thank you, tj Quote
Guest mauRICE Posted October 24, 2009 Posted October 24, 2009 What kind of monthly rent can you expect for a place like this? Quote
Guest travelerjim Posted October 25, 2009 Posted October 25, 2009 Hello mauRICE, Center Condos on South Pattaya Road The Annual Condo fee is 6,120 THB Monthly condo fees for water, trash, water pump maintenance and sophon cable tv, which are all billed by the Condo Office is 550 THB monthly. DSL internet service is 590 THB monthly for 3MB TripleTBroadband (TTT)Service... a good speed and reliable internet service. Higher dsl speeds are available...examples: from TTT... 4MB 790 THB, 5MB 1000 THB, 10 MB speed is 1490 THB monthly. The owner will leave his newer desktop computer and lcd flat screen monitor, with printer, as part of the furnishings...and a comfy executive chair :-) Electric is billed by the electric company and will vary depending upon occupant usage, however the current owner says his electric bill ranges between 1,800 - 2,300 THB monthly. He says he runs the air conditioner nightly...and some days too. UBC is available...not currently installed...for UBC Cable tv... would cost 5,000 THB to have UBC connect to condo building (use their line), plus UBC monthly fees ranging from 900 - 1600 THB monthly depending on cable package chosen. However, the local Sophon Cable TV offers 60 channels of tv...many choices... in several languages as well...which is included in the monthly 550 THB fee paid to the condo office. The condo complex has a large swimming pool and on-site parking. The local rentals for this quality of 1 BR condo at Center Condo, according to the current owner...and other owners in Center Condo, is in the range of 20-22,000 THB monthly. At 20,000 THB monthly & 240,000 THB annual gross rental, the return on 2.7 Million THB investment would be approximately a gross of 8.8%.. less condo fees, maintenance and vacancy factor. This quality condo offers a good return possible for the owner/investor who wishes to purchase now and retire/reside in the condo later... or keep solely as an investment. Location, location, location is the best in South Pattaya! tj Quote
Guest travelerjim Posted October 26, 2009 Posted October 26, 2009 FYI...SOME COMMENTS REGARDING Messages/POSTINGS... on this and other boards... The Two LazyBoy Chairs are real Leather...(not otherwise)... and original cost was 55,000 THB EACH. The quality of the furniture and fixtures throughout is very high ... the teak wood furniture, finishing and doors is beautifully crafted... And, for those who do want CONVENIENCE... LOCATION - LOCATION - LOCATION - the condos at center Condo are for you! Center Condos on South Pattaya Road Yes, as in most condo projects... especially in Thailand... management and maintenance... as well as security and tenants.. can and may be problematic at times... Some friends of mine who have occupied Center Condos... would not ...choose to live elsewhere... they find the location so convenient to BoyzTown, Sunee Plaza, Day-Night area, restaurants, banks, shopping and local baht bus and/or taxi throughout Pattaya ... yet... others wish they had never moved in! The comments shared on this board and others are valid... and must be considered....the rental value stated of 10,000 THB is very LOW...and one owner who owns many in Center Condo has stated he believes it would rent for 20-22,000 THB due to its quality. A "long term" year lease + tenant at the mid-point is probably a very real scenario... because of its location and quality of furnishings and 1BR condo. "UP TO YOU"..but this condo is quality and if you like the location... AGAIN - LOCATION - LOCATION - LOCATION... IT'S a great value! tj Quote
