Unit ID: U1088204
8% Rental Yield
Chak Phong, Klaeng,Rayong
$45,200
1 Bedroom
1
Bathroom
355 Sqft
Size
4
Floor
Oct 2016
Completed

About This Condo

This property is a 355 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Chak Phong, Rayong and was completed in Oct 2016. You can buy this condo for a base price of $45,200 ($127/Sqft).

ART on the Beach

Lovely small condo in a quite location, ideal holiday home in a fabulous up and coming beach town.Walk along the path to the beach 200m or a short motorbike ride to the main beach restaurants area.

Features

Private GymPrivate Gym Private LiftPrivate Lift Pool AccessPool Access Rooftop TerraceRooftop Terrace Covered ParkingCovered Parking BalconyBalcony Outdoor ShowersOutdoor Showers

Basic Information

Date Listed Apr 29, 2022
Updated 2 months ago
Property Type Condo
Floor 4
Bedroom 1
Size 355 Sqft
Price per Sqft $127
Pets Not Allowed
Condo Ownership

Foreign nationals can own condominium units as freehold owners in buildings where no 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 it is currently below 49%.

Foreign Quota
Furniture
Specific items of furniture can be requested in the sale, or buyers can offer to purchase some or all of it. When negotiating a deal, either party can suggest that such items be included in the sale price.
Negotiable
View(s) Sea View, 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.
$41/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1088204

Investment Opportunity: Charges & Yield

Sale Price
$45,200
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.
$41/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.
12
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 Art on the Beach, and the current sales price.
8%

Project Details

Project Name: Art on the Beach
Developer: N/A
Construction: Completed (Oct 2016)
Floors: 8
Buildings: N/A
Units: 78
Project Area: N/A
Nearest Landmark Suan Son Beach - 10 Km
Location: Chak Phong, Rayong
Art on the Beach Project Details

Project Features

Communal Pool Communal Pool
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at Art on the Beach

For Sale 2 For Rent 1
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Frequently Asked Questions

No pets are allowed at Art on the Beach unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Suan Son Beach is the nearest Beach from Art on the Beach and it is 10 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 Art on the Beach 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

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Rayong
Chak Phong

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Art on the Beach

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Project Name
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▼ -15% underpriced
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