1 Bedroom Condo for sale at Art on the Beach

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Chak Phong, Klaeng,Rayong

Unit ID: U31315

7% Rental Yield

1 Bedroom

1 Bathroom

73 SqM Size

6 Floor

Oct 2016 Completed

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Sale Price

฿4,800,000

Great Price

About This Condo

This property is a 73 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 ฿4,800,000 (฿65,753/SqM) and it is also available for long term rentals starting from ฿28,000 per month.

Features

Wet Bar

Balcony

Basic Information

Date Listed Aug 11, 2017

Updated 3 years ago

Property Type Condo

Floor 6

Bedroom 1

Size 73 SqM

Price per SqM ฿65,753

Pets Not Allowed

Condo Ownership

Foreign Quota

Furniture

Negotiable

View(s) Partial Sea View, Park View, Blocked View

Unit Type N/A

Building N/A

CAM Fee

N/A

Listed By

Private Owner

Electricity Price N/A

Water Price N/A

Unit ID U31315

Price Analysis

Great Price

Estimated market value ฿7,939,934

Great

Good

Fair

Above

Current asking Price: ฿4,800,000 | Advertised rental rate: ฿28,000/mo

This condo is ฿3,139,934 BELOW MARKET (-40%) 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.

Investment Opportunity: Charges & Yield

Sale Price

฿4,800,000

Rent

฿28,000/mo

Price-to-Rent Ratio

Rental Yield

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

24H Security

CCTV (Video Surveillance)

Car Parking

Available Units at Art on the Beach

For Sale 2 For Rent 1

All
1 Bed

Foreign Quota Sea View

Foreign Quota Partial Sea View

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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.