Unit ID: U1728080
5% Rental Yield
Ban Chang, Ban Chang,Rayong
$57,200
3 Bedrooms
2
Bathrooms
1,464 Sqft
Indoor Area
1
Storeys
Completed

About This House

This property is a 1,464 Sqft house with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Ban Chang, Rayong. You can buy this house for a base price of $57,200 ($39/Sqft).

Features

Private GardenPrivate Garden Covered ParkingCovered Parking Corner UnitCorner Unit TruevisionTruevision

Basic Information

Date Listed Feb 4, 2024
Updated 10 months ago
Property Type House (Single Detached)
Storeys 1
Location Ban Chang, Rayong
Bedrooms 3
Nearest Landmark Ban Chang Railway Station -0.7 Km
Indoor Area 1,464 Sqft
Price per Sqft $39
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
1,033 Sqft
Plot Size 2,497 Sqft
Pets All Kind of Pets Allowed
House Ownership

Foreign nationals can own the building (house) in their own name, but not the land that it stands on.

Thai Ownership
Land Ownership

Foreign nationals cannot own land in Thailand. The options in which a foreigner can control the land are via a 30-year lease or by purchasing the land through a Thai company.

Thai Ownership
Land Title Deed Chanote
Construction Completed
Furniture
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) City View
Unit Type N/A
Parking Spots 1
Pool Size 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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1728080

Investment Opportunity: Charges & Yield

Sale Price
$57,200
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.
20
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 3 bedroom houses at Somphong Bay View, and the current sales price.
5%

Project Details

Project Name: Somphong Bay View
Developer: N/A
Construction: Completed
Units: 3
Project Area: N/A
Nearest Landmark Ban Chang Railway Station - 0.7 Km
Location: Ban Chang, Rayong
Somphong Bay View Project Details

Project Features

Communal Pool Communal Pool
Car Parking Car Parking
Sauna Sauna
Attached Market / Shops Attached Market / Shops

Available Units at Somphong Bay View

For Sale 2 For Rent 2
Get notified when new homes are being added to Somphong Bay View
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Frequently Asked Questions

Small dogs (weight under 15 kg), cats and small pets like rabbits, hamsters and guinea pigs are allowed at Somphong Bay View.
Ban Chang Railway Station is the nearest Railway Station from Somphong Bay View and it is 0.7 km away.

The building (the bricks and mortar) can be owned by a non-Thai national outright in their name in what is called the house registry which secures ownership indefinitely of the structure. 

In Thailand, non-Thai nationals cannot own land outright in their name. Land can be controlled through either a Thai Company or a long-term registered lease. The longest registered lease term by Thai law is 30 years, and most developers will offer 3 terms for a total of 90 years.

 

Read more here

After you have found the right property at Somphong Bay View you have to follow these steps:

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


Read more here

A 30-year lease period is legally protected under Thai law and ownership cannot be disrupted. It is common for developers to offer an additional two terms of 30 contractually obligating a total of 90 years. 

Prior to purchasing a leasehold property, it is important to secure a copy of the lease agreement or get further clarity on these three points.

  • - Who is the lessor? (an individual or a Thai Company) Securing a lease from a Thai Company offers much more security than a private individual.

  • - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)

  • - Is there a succession clause in the lease agreement that will allow inheritance of the lease?

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
Ban Chang

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Somphong Bay View

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Completion Status
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