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The Rhine is offering an investment opportunity with a rental guarantee yield of 8% per year for 5 consecutive years and a buy-back guarantee program where you can choose to keep your apartment or sell it back to the developer with a +2% increase from the price you originally purchased.
The Rhine Condominium Jomtien is located 2940 from Jiffy and it can be reached within 6 mins by car.
There are many other shops situated in the area of The Rhine Condominium Jomtien, the 3 closest being:
- 7-Eleven is 2.1 km away (an approx. drive of 5 mins.)
- Family Mart Nong Sadao is 1.4 km away (an approx. drive of 4 mins.)
- 7-Eleven Nong Sadao is 1.4 km away (an approx. drive of 4 mins.)
The surrounding area, where The Rhine Condominium Jomtien is situated, offers a wide variety of restaurants. See the closest of them below:
- Stone Profit Chicken Glass Chicken with Fish Sauce is 210 m away (a walk of about 3 mins.)
- Sor. Sor. Nuen kitchen is 2.6 km away (approx. 7 mins. by car)
- Mellow kitchen is 2.5 km away (approx. 6 mins. by car)
Dr.Belen Medical Clinic is the nearest health facility, which is 2.6 km away (you can drive there in 6 mins.) from the project, while the closest schools in the proximity of The Rhine Condominium Jomtien are:
- Witthayalai Technology Bang Lamung In Toe - Thek College is 920 m away (about 11 mins. by foot)
- Nursery Merry Kids Home Merrykidshome is 4.0 km away (an approx. drive of 10 mins.)
- Baan Sookgul Guesthouse is 3.9 km away (an approx. drive of 10 mins.)
APAS Co., Ltd. is located 21.9 km from The Rhine Condominium Jomtien and it takes about 35 mins. by car or taxi (depending on the traffic) to get there.
The common area maintenance fee is ฿45 per square meter based on the size of the indoor area of the property. This fee has to be paid every month 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 closest Beach from The Rhine Condominium Jomtien and it is 3.13 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.
After you have found the right property you have to follow these steps:
Agreement of terms and conditions
Sales and Purchase Agreement
Settlement & Transfer
Sure and with travel restrictions this is becoming a more popular option. We have online immersive tours of a large number of properties so you can see all properties from your home. Our experienced team can also conduct a video tour and once you are ready to go ahead with your purchase, either our team or we can recommend lawyer to manage the entire transfer of the property into your name without you physically being 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.