Orchid Beach Apartment

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Phe, Mueang Rayong,Rayong

Unit ID: U592648
8% Rental Yield
฿4,350,000
Bedroom
2 Bedrooms
Bathroom
2 Bathrooms
Indoor Area
85 SqM Size
Floors
2 Floor
Construction
Jan 2018 Completed

2 Bedroom Condo for sale at Orchid Beach Apartment

This property is a 85 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Orchid Beach Apartment project in Phe, Rayong and was completed in Jan 2018. You can buy this condo for a base price of ฿4,350,000 (฿51,176/SqM) and it is also available for long term rentals starting from ฿29,000 per month.

2 bedrooms apartment -86 sqm close to the beach

The apartment is locate in VIP Chain Resort, on Mae Rumphueng Beach Road, about 7 km to the samed Island pier, Apartment just walk only 350 m to the beach. 2 Bedroom 2 bathroom, usable are 86 sqm and full decoration. Facilities; – Large 2 Swimming Pools – Kid playground and garden – Pool Bar – Tennis Court – Miniature Golf Court – Restaurant – Massage and Spa – Fitness – CCTV – Security system 24 hours – Elevator – WiFi Internet (Only Public Area)

Features

Full Western KitchenFull Western Kitchen MicrowaveMicrowave OvenOven TVTV

Basic Information

Property Type Condo
Floor 2
Bedrooms 2
Size 85 SqM
Price per SqM ฿51,176
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) Garden 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.
฿2,580/mo
Listed By
Each listing provided by partnered agents is individually verified by BangkokPost. Partner Agents work for different brokerages or property management companies but have teamed up with BangkokPost so that we can provide you a wider choice of properties
Agent / Partner
Date Listed May 26, 2020
Last Updated 1 year ago
Unit ID U592648

Investment Opportunity: Charges & Yield

Sale Price
฿4,350,000
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.
฿2,580/mo
Rent
฿29,000/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.
13
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.
8%

Project Details

Developer: N/A
Construction: Completed (Jan 2018)
Floors: 5
Buildings: N/A
Units: 30
Project Area: N/A
Nearest Landmark Rayong Beach - 1.7 Km
Location: Phe, Mueang Rayong, Rayong
Orchid Beach Apartment Project Details

Project Features

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

Available Units at Orchid Beach Apartment

For Sale 1 For Rent 3
Get notified when new homes are being added to Orchid Beach Apartment

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Frequently asked questions

Rayong Beach is the nearest Beach from Orchid Beach Apartment and it is 1.7 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 Orchid Beach Apartment 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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