1 Bedroom Condo for sale at Ocean Portofino

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Na Chom Thian, Pattaya, Chon Buri
Unit ID: U1658630
4% Rental Yield
1 Bedroom
1.5 Bathrooms
90 SqM Size
15 Floor
May 2009 Completed

About This Condo

This property is a 90 SqM condo with 1 bedroom and 1.5 bathroom that is available for sale. It is part of the Ocean Portofino project in Na Chom Thian, Pattaya and was completed in May 2009. You can buy this condo for a base price of ฿12,500,000 (฿138,889/SqM) and it is also available for long term rentals starting from ฿45,000 per month.

Spacious 1.5 Bed + 1.5 Bath with Oceanfront and Marina View

Oceanfront marina residence—the Ocean Portofino—one of a kind, comfortably for 2 – 4 people, with direct Beach Access and surrounded by the largest Southeast Asia marina environment with spacious parks and lagoons. This special resident unit offering oceanfront view from every room with overlooking dazzling yachts, spacious park and lagoons throughout the marina and a pristine & private beachfront access at the doorstep of the property. Direct beach access to the front-right of the property with the next door famous beachfront restaurant & café, the Good Old Sea, offering all day long dinning services with lots of beach activities in the good old days you can imagine together with your friends and family, such as surf skating area, chilling out on the garden area by the beach next to the café, beach picnics and sports or various kinds of ocean sports rights in the front of the café. Along this beach, you can access (directly from the beach) to several beachfront hotels with various beach and pool bar and fine dining restaurants & services, ones of which are at Movenpick, the 5-star international hotel chain within 5 minutes walking by the beach from the property, offering T55 New York Grill, serving supreme steak and seafood with luxurious bar and La Costa Beach Restaurant & Pool Bar right next to the beach. Direct marina access to the front and left of the property will also offer you a luxurious unique experience that you will never find elsewhere. The property’s beach gardens in the front and left are connected openly and seamlessly to the marina area, offering you the privilege access to the spacious marina park and lagoons for your desired vocational activities, such as joking and yoga exercise or a private picnic spot with your loved ones with the marina view and ocean breeze. In front of the Ocean Marina Yacht Club (to the front-left of the property within 5 minutes walking by the peaceful, yet stunning, walkway overlooking the yachting marine, the lagoons and park along the sides), you will find a nice cozy food truck café on the front-left of marina park with dining scenes right next to the yachting marina area. In that area, you can find all kinds of yachting experience ready to offer to you whether for small or large groups. You can also learn and earn your international yachting licenses in a short period of time ranging from 5 (crew-level) to 10 (skipper-level) consecutive or flexible scheduled days, offered by SailQuest Sailing School accredited and recognized worldwide by the International Yacht & Maritime Training (IYT). This extra large 90 sq.m. oceanfront resident unit can comfortably occupy 4 guests. The unit comprises of 1 large bedroom with ensuite full bathroom with bathtub, all of which are with ocean and marina view. The extra-large living room, also with large ocean and marina view, is fitted with 2-seat and 1-seat full-size comfortable genuine leather sofas and the other comfort 2-seat sofa bed with a separated powder room. The unit is fitted with dinning and kitchen area and fully equipped with kitchen wares and equipment. Laundry machine is also available in the unit. The balcony area can be accessed from the bedroom and living room. All common area facilities of the property directly facing the marina and beach area, this includes children playground by the garden of the property; 3 outdoor swimming pools facing the marina and beach (1 for kid and 1 regular swimming pools inside the roof and the other regular swimming pool outside the roof); Fitness facility; and Spacious Sea breeze lobby and car park areas. The property is also equipped with security CCTV and overseen by service mind security guards and property management & staffs at your services.

Features

OceanfrontOceanfront TerraceTerrace BalconyBalcony Wifi IncludedWifi Included Full Western KitchenFull Western Kitchen BathtubBathtub Fully RenovatedFully Renovated (2022) Renovated KitchenRenovated Kitchen (2022) Renovated BathroomRenovated Bathroom (2022) Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Date Listed Aug 29, 2023
Updated 2 months ago
Property Type Condo
Floor 15
Bedroom 1
Size 90 SqM
Price per SqM ฿138,889
Pets Not Allowed
Condo Ownership

Foreign nationals can be freehold owners of condominium units, in buildings where not 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 that 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) Sea View, Lake View, Mountain View, Park View, Garden View
Unit Type N/A
Building Ocean Portofino
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.
฿2,700/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1658630

Investment Opportunity: Charges & Yield

Sale Price
฿12,500,000
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.
฿2,700/mo
Rent
฿45,000/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.
23
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.
4%

Project Details

Project Name: Ocean Portofino
Developer: Ocean Property
Construction: Completed (May 2009)
Floors: 36
Buildings: 1
Units: 268
Project Area: 4,000 SqM
Nearest Landmark Na Jomtien Beach South - 2.7 Km
Location: Na Chom Thian, Pattaya
Ocean Portofino Project Details

Project Features

Hotel Managed Hotel Managed
Communal Pool Communal Pool
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Steam Room Steam Room
Direct Beach Access Direct Beach Access
Reception / Lobby Area Reception / Lobby Area
BBQ Area BBQ Area
Communal Garden Area Communal Garden Area
Key card access Key card access

Popular Facilities at Ocean Portofino

  • Communal Pool
    Ground Floor
  • Communal Garden Area
    1st Floor

Available Units at Ocean Portofino

For Sale 2 For Rent 3
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Frequently Asked Questions

No pets are allowed at Ocean Portofino 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 ฿2,700 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.
For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At Ocean Portofino the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Na Jomtien Beach South is the nearest Beach from Ocean Portofino and it is 2.7 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 Ocean Portofino you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
20%
2nd Installment
On handover
80%

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

Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Pattaya
Na Chom Thian

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