2 Bedroom Condo for sale at The Rhine Condominium Jomtien

5 (1 Review)
Nong Prue, Pattaya, Chon Buri
Unit ID: U274183
8% GUAR. RETURN FOR 5 YEARS
฿4,724,200 Great Price
2 Bedrooms
2 Bathrooms
52 SqM Size
1 Floor
Jan 2023 Off Plan

About This Condo

This property is a 52 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the The Rhine Condominium Jomtien project in Nong Prue, Pattaya and it is scheduled for completion in Jan 2023. You can buy this condo for a base price of ฿4,724,200 (฿90,850/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 1
Bedrooms 2
Size 52 SqM
Price per SqM ฿90,850
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
Unfurnished
View(s) Garden View
Unit Type 2BR
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.
฿2,340/mo
Listed By
Developer
Date Listed Jan 10, 2020
Last Updated 4 months ago
Unit ID U274183

Price Analysis

Good Price
Estimated market value ฿4,663,889
Great
฿4,550,000
Good
Fair
Above
฿4,990,000
Current asking Price: ฿4,724,200
This condo is ฿60,311 ABOVE MARKET (1%) in the Pattaya area. It is analyzed against similar condos and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
Powered by FazWaz AVM

Investment Opportunity: Charges & Yield

Sale Price
฿4,724,200
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.
฿2,340/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
5 Years

Project Details

Developer: Wealth Asset Group
Construction: Off Plan (Jan 2023)
Floors: 8
Buildings: 2
Units: 321
Project Area: 12 SqM
Nearest Landmark Jomtien Beach North - 3.1 Km
Location: Nong Prue, Pattaya, Chon Buri
The Rhine Condominium Jomtien Project Details

Project Features

Hotel Managed Hotel Managed
Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
Bar Bar
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
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area

Popular Facilities at The Rhine Condominium Jomtien

  • Communal Pool
    Ground Floor
  • Communal Gym
    8th Floor
  • Onsen
    8th Floor
  • Communal Garden Area
    Rooftop

Available Units at The Rhine Condominium Jomtien

Get notified when new homes are being added to The Rhine Condominium Jomtien

Loan Calculator

Project Progress

The Rhine Condominium Jomtien 0%
Expected completion date: January 2023
November25%

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Upon contract signing
100%

Frequently Asked Questions

No pets are allowed at The Rhine Condominium Jomtien 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 ฿2,340 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 Condominium Jomtien 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 Condominium Jomtien offers a guaranteed rental return of 8% (based on the purchase price of the property) for a duration of 5 Years.
Read more here.
Jomtien Beach North is the nearest Beach from The Rhine Condominium Jomtien and it is 3.1 km away.
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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Reviews

5 out of 5 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Very worthwhile project
5 Ton D., Thailand, 1 year ago
This project is very worthwhile. Since the recent debut, the project has got many presale reservations. So what am I waiting for? I have reserved 2 rooms of 1-bedroom units with a very beautiful and functional layout. There is a large balcony and a full set of furniture. The project facilities are exclusive and luxurious as well, especially the Japanese-style onsen that I like. The price is perfect with a guaranteed 8% rental return per year for 5 years, a 114% buyback program, and a free stay in the condo for 27 days a year. It is very convenient in this location, close to many attractions, including Underwater World Pattaya, Jomtien Beach, Colosseum Show Pattaya, and shopping malls. Markets are not far away. If anyone is interested, you should hurry. I heard that the rooms were going to sell out soon. It's great.
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

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