The Rhine 2 Residence

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Nong Prue, Pattaya, Chon Buri

Unit ID: U1024504
8% GUAR. RETURN FOR 10 YEARS
฿3,835,000
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
33 SqM Size
Floors
3 Floor
Construction
Dec 2022 Off Plan

1 Bedroom Condo for sale at The Rhine 2 Residence

This property is a 33 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the The Rhine 2 Residence project in Nong Prue, Pattaya and it is scheduled for completion in Dec 2022. You can buy this condo for a base price of ฿3,835,000 (฿116,212/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 3
Bedroom 1
Size 33 SqM
Price per SqM ฿116,212
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%.

Foreign Quota, 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 1BR
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.
฿1,485/mo
Listed By
Developer
Date Listed Aug 26, 2021
Last Updated 3 months ago
Unit ID U1024504

Investment Opportunity: Charges & Yield

Sale Price
฿3,835,000
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.
฿1,485/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.
13
Guaranteed Rental Return
8%
Guarantee Duration
10 Years

Project Details

Project Name: The Rhine 2 Residence
Developer: Wealth Asset Group
Construction: Off Plan (Dec 2022)
Floors: 8
Buildings: 1
Units: 161
Project Area: 3,040 SqM
Nearest Landmark Pratumnak Beach - 0.7 Km
Location: Nong Prue, Pattaya, Chon Buri
The Rhine 2 Residence Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Reception / Lobby Area Reception / Lobby Area
Onsen Onsen
Indoor Games Room Indoor Games Room
Golf Simulator Golf Simulator

Popular Facilities at The Rhine 2 Residence

  • Reception / Lobby Area
    1st Floor
  • Communal Pool
    1st Floor
  • Communal Gym
    1st Floor
  • Onsen
    1st Floor
  • Indoor Kids Zone
    1st Floor

Available Units at The Rhine 2 Residence

Get notified when new homes are being added to The Rhine 2 Residence

Loan Calculator

Payment Plan

For studios
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Upon contract signing
35%
2nd Installment
During Construction
15%
3rd Installment
On handover
50%
for 1 bedroom and bigger units
Installment Milestone Payment
Reservation Deposit
Immediately
100,000%
1st Installment
Upon contract signing
35%
2nd Installment
During Construction
15%
3rd Installment
On handover
50%

Frequently asked questions

No pets are allowed at The Rhine 2 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 ฿45 per square meter based on the size of indoor area of the property and is ฿1,485 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 The Rhine 2 Residence the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
The Rhine 2 Residence offers a guaranteed rental return of 8% (based on the purchase price of the property) for a duration of 10 Years.
Read more here.
Pratumnak Beach is the nearest Beach from The Rhine 2 Residence and it is 0.7 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 you have to follow these steps:

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

For studios
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Upon contract signing
35%
2nd Installment
During Construction
15%
3rd Installment
On handover
50%
for 1 bedroom and bigger units
Installment Milestone Payment
Reservation Deposit
Immediately
100,000%
1st Installment
Upon contract signing
35%
2nd Installment
During Construction
15%
3rd Installment
On handover
50%

Read more here

 

Sure and with travel restrictions this is becoming a more popular option. We have online immersive tours of a large number of properties so you can see all properties from your home. Our experienced team can also conduct a video tour and once you are ready to go ahead with your purchase, either our team or we can recommend lawyer to manage the entire transfer of the property into your name without you physically being 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
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Sale Price : ฿1299,999
Fazwaz Estimate : ฿179,999
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Price Rating : Fair Price

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