VIP Condo Chain Rayong

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Phe, Mueang Rayong,Rayong

Unit ID: U1055472
11% Rental Yield
฿3,695,000
Bedroom
1 Bedroom
Bathroom
2 Bathrooms
Indoor Area
120 SqM Size
Floors
15 Floor
Construction
Oct 1993 Completed

About This Condo

This property is a 120 SqM condo with 1 bedroom and 2 bathrooms that is available for sale. It is part of the VIP Condo Chain Rayong project in Phe, Rayong and was completed in Oct 1993. You can buy this condo for a base price of ฿3,695,000 (฿30,792/SqM).

- Large condo (120 sqm) overlooking the ocean and the sunset! The condo offers amazing views towards the ocean, beach, the sunset and surrounding areas from 3 balconies. Its located on the 15th floor on the Rayong/Sunset side. The condo consists of a large living room with an open plan. There is 1 bedroom and 2 bathrooms. A total of 3 balconies - all with amazing views.

Features

BalconyBalcony MicrowaveMicrowave TVTV

Basic Information

Property Type Condo
Floor 15
Bedroom 1
Size 120 SqM
Price per SqM ฿30,792
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
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
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.
฿3,600/mo
Listed By
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Agent / Partner
Date Listed Jan 31, 2022
Last Updated 4 months ago
Unit ID U1055472

Investment Opportunity: Charges & Yield

Sale Price
฿3,695,000
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.
฿3,600/mo
Est. Rent
฿34,000/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.
9
Rental Yield
This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 1 bedroom condos at VIP Condo Chain Rayong, and the current sales price.
11%

Project Details

Project Name: VIP Condo Chain Rayong
Developer: N/A
Construction: Completed (Oct 1993)
Floors: 40
Buildings: N/A
Units: 427
Project Area: N/A
Nearest Landmark Rayong Beach - 2 Km
Location: Phe, Mueang Rayong, Rayong
VIP Condo Chain Rayong Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Tennis Court Tennis Court
Reception / Lobby Area Reception / Lobby Area

Available Units at VIP Condo Chain Rayong

For Sale 2 For Rent 2
Get notified when new homes are being added to VIP Condo Chain Rayong

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Frequently Asked Questions

The common area maintenance fee is ฿30 per square meter based on the size of indoor area of the property and is ฿3,600 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.
Rayong Beach is the nearest Beach from VIP Condo Chain Rayong and it is 2 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 VIP Condo Chain Rayong 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

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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Rayong
Phe

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Projects Nearby VIP Condo Chain Rayong

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
The Royal Rayong
Location
Phe, Mueang Rayong, Rayong
Number of units
200
Sales Prices
฿2.41M
Monthly Rentals
N/A
Year Built
Jan 2012
Completion Status
Completed
Project Name
VIP Chain
Location
Phe, Mueang Rayong, Rayong
Number of units
20
Sales Prices
฿3.51M - ฿8.99M
▲ 25% overpriced
Monthly Rentals
฿80.3K
Year Built
Jan 2018
Completion Status
Completed
Location
Phe, Mueang Rayong, Rayong
Number of units
30
Sales Prices
฿4.37M
Monthly Rentals
฿27.1K - ฿29.1K
Year Built
Jan 2018
Completion Status
Completed
Location
Phe, Mueang Rayong, Rayong
Number of units
156
Sales Prices
฿4.01M
▼ -30% underpriced
Monthly Rentals
N/A
Year Built
Oct 2000
Completion Status
Completed
Project Name
Greenery Hill
Location
Phe, Mueang Rayong, Rayong
Number of units
10
Sales Prices
฿4.32M
▼ -5% underpriced
Monthly Rentals
N/A
Year Built
Jan 2018
Completion Status
Completed
Project Name
Casa Seaside
Location
Phe, Mueang Rayong, Rayong
Number of units
187
Sales Prices
฿3.26M
Monthly Rentals
N/A
Year Built
Dec 2011
Completion Status
Completed
Location
Phe, Mueang Rayong, Rayong
Number of units
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Sales Prices
฿4.77M
Monthly Rentals
N/A
Year Built
Dec 2016
Completion Status
Completed
Project Name
Vela Home
Location
Phe, Mueang Rayong, Rayong
Number of units
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Sales Prices
฿1.8M
Monthly Rentals
N/A
Year Built
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Completion Status
Completed
Project Name
Pinery Park Beach
Location
Phe, Mueang Rayong, Rayong
Number of units
N/A
Sales Prices
฿3.26M
Monthly Rentals
N/A
Year Built
Sep 2005
Completion Status
Completed
Project Name
Green Abel
Location
Phe, Mueang Rayong, Rayong
Number of units
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Sales Prices
฿2.26M - ฿3.21M
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Monthly Rentals
N/A
Year Built
Dec 2018
Completion Status
Completed
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