1 Bedroom Condo for sale at Art on the Beach

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Chak Phong, Klaeng,Rayong
Unit ID: U1088204
8% Rental Yield
฿1,600,000
1 Bedroom
1 Bathroom
33 SqM Size
4 Floor
Oct 2016 Completed

About This Condo

This property is a 33 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Art on the Beach project in Chak Phong, Rayong and was completed in Oct 2016. You can buy this condo for a base price of ฿1,600,000 (฿48,485/SqM).

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

BalconyBalcony

Basic Information

Property Type Condo
Floor 4
Bedroom 1
Size 33 SqM
Price per SqM ฿48,485
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
Furniture
Unfurnished
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.
฿18,000/mo
Listed By
Private Owner
Date Listed Apr 26, 2022
Last Updated 4 months ago
Unit ID U1088204

Investment Opportunity: Charges & Yield

Sale Price
฿1,600,000
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.
฿18,000/mo
Est. Rent
฿10,800/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: Klaeng, 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

Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
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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
Chak Phong

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Art on the Beach

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Year Built
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Number of units
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Year Built
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Location
Chak Phong, Klaeng, Rayong
Number of units
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Year Built
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Location
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Number of units
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