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    2 Bedroom Condo for sale at Orchid Beach Apartment
    Phe, Mueang Rayong,Rayong
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    Sale Price
    ฿4,350,000
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    2 Bedroom Condo for sale at Orchid Beach Apartment

     (Write Review)
    Unit ID: U592648
    8% Rental Yield
    Phe, Mueang Rayong,Rayong
    ฿4,350,000
    2 Bedrooms
    2
    Bathrooms
    85 SqM
    Size
    2
    Floor
    Jan 2018
    Completed
    13
    Sale Price
    ฿4,350,000

    About This Condo

    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

    Date Listed May 26, 2020
    Updated 3 years ago
    Property Type Condo
    Floor 2
    Bedrooms 2
    Size 85 SqM
    Price per SqM ฿51,176
    Pets N/A
    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 SamuiTimes. Partner Agents work for different brokerages or property management companies but have teamed up with SamuiTimes so that we can provide you a wider choice of properties
    Agent / Partner
    Electricity Price N/A
    Water Price N/A
    Unit ID U592648

    Price Analysis

    Above Average
    Estimated market value ฿3,407,334
    Great
    ฿2,030,000
    Good
    Fair
    Above
    ฿3,810,000
    Current asking Price: ฿4,350,000 | Advertised rental rate: ฿29,000/mo
    This condo is ฿942,666 ABOVE MARKET (28%) in the Rayong 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
    ฿4,350,000
    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

    Project Name: Orchid Beach Apartment
    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, 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
    • All
    • 2 Beds
    Get notified when new homes are being added to Orchid Beach Apartment
    View All (1)

    Loan Calculator

    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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    Rayong
    Phe

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