Unit ID: U1072050
5% Rental Yield
Kram, Klaeng,Rayong
฿9,890,000
2 Bedrooms
1
Bathroom
91 SqM
Size
3
Floor
Oct 2013
Completed

About This Condo

This property is a 91 SqM condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the project in Kram, Rayong and was completed in Oct 2013. You can buy this condo for a base price of ฿9,890,000 (฿108,681/SqM).

Large Condo with ocean and beach views at Mae Phim Beach.

The Condominium is located in Grand Beach Condominium 1 in Mae Phim, Rayong and is located on the 3th floor on the short side of the house and faces directly to the sea. It is very close to the 3 kilometer long beach in Mae Phim, which on the weekends is very well visited. While in the weeks you can have large parts of the beach to yourself. The owner says: “As I’m writing this I’m looking in the distance from the dining table and I can see the ocean, A far ocean view. I don’t have to step out to the balcony and look from the edge or stand in certain place, I see blue water just sitting inside anywhere I look I see the ocean in the distance.” The Condo, which has a total of 91.1 sqm of living space, consists of a combined living room and kitchen in an open floor plan, 2 bedrooms, 1 bathroom and a large balcony. From the long balcony at an angle, but also from both the living room and master bedroom you have very good views over the local part of the beach and out over the sea. This Condo is on the west side so it doesn’t get hit by the sun so it stays cool it has both sunrise and sunset views and next to the beach club with pool views. The bathroom is fully tiled and the kitchen has a 4-plate hob, cooker hood, and a double door fridge and freezer. Both bedrooms and the living room have A / C. The Condo is lightly used as no one has lived in the Condo just some guests not often so it’s in wonderful condition. On the house roof, which has 5 floors, there is a communal infinity pool facility, with child part, for the residents of the house. There are also sun loungers, shower and toilet. Directly outside the house door is access to restaurants, supermarket, medical care, massage, cafe, ATM and more. For those who want to rent out their condominium, there are several alternative companies that can be helpful. Mae Phim is located on Thailand's weatherproof east coast in Rayong province about 2.5 hours drive to Bangkok Airport Suvarnabhumi and to the growing U Tapao airport it is only about 1.5 hours drive. If you like golf, there are several fantastic and well-kept golf courses in the immediate area. The owner purchased this Condo years before it was even built so no one but him has had an opportunity to own this Condo until now. This is a perfect Pied-a-terre or retirement Condo   in a quiet seaside Thailand town which is difficult to find these days.  

Features

BeachfrontBeachfront OceanfrontOceanfront Pool AccessPool Access Rooftop TerraceRooftop Terrace TerraceTerrace Covered ParkingCovered Parking Corner UnitCorner Unit BalconyBalcony Outdoor ShowersOutdoor Showers Full Western KitchenFull Western Kitchen

Basic Information

Date Listed Mar 17, 2022
Updated 2 years ago
Property Type Condo
Floor 3
Bedrooms 2
Size 91 SqM
Price per SqM ฿108,681
Pets N/A
Condo Ownership

Foreign nationals can own condominium units as freehold owners in buildings where no 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 it is currently below 49%.

Foreign 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) Sea 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.
฿3,190/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 U1072050

Investment Opportunity: Charges & Yield

Sale Price
฿9,890,000
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.
฿3,190/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.
21
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 2 bedroom condos at Grand Beach, and the current sales price.
5%

Project Details

Project Name: Grand Beach
Developer: N/A
Construction: Completed (Oct 2013)
Floors: 4
Buildings: N/A
Units: 3
Project Area: N/A
Nearest Landmark Suan Son Beach - 14.6 Km
Location: Kram, Rayong
Grand Beach Project Details

Project Features

Communal Pool Communal Pool
24H Security 24H Security
Car Parking Car Parking

Available Units at Grand Beach

For Sale 3 For Rent 1
Get notified when new homes are being added to Grand Beach
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Frequently Asked Questions

Suan Son Beach is the nearest Beach from Grand Beach and it is 14.6 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 Grand 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

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Neighborhood Overview

Location and Neighborhood

Street View

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