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    2 Bedroom Condo for sale at The Beach Palace
    Cha-Am, Cha-Am,Phetchaburi
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    Sale Price
    ฿3,500,000 ฿4,500,000
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    2 Bedroom Condo for sale at The Beach Palace
    (1 Review)
    Unit ID: U1057046
    11% Rental Yield
    Cha-Am, Cha-Am,Phetchaburi
    ฿3,500,000 ฿4,500,000
    2 Bedrooms
    2
    Bathrooms
    94 SqM
    Size
    4
    Floor
    May 2007
    Completed
    35
    Sale Price
    ฿3,500,000
    ฿4,500,000

    About This Condo

    This property is a 94 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Cha-Am, Phetchaburi and was completed in May 2007. You can buy this condo for a base price of ฿3,500,000 (฿37,234/SqM).

    Features

    BalconyBalcony BathtubBathtub

    Basic Information

    Date Listed Feb 9, 2022
    Updated 10 months ago
    Property Type Condo
    Floor 4
    Bedrooms 2
    Size 94 SqM
    Price per SqM ฿37,234
    Pets Not Allowed
    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%.

    Thai Quota
    Furniture
    Unfurnished
    View(s) Mountain 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.
    ฿3,760/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1057046

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿3,500,000
    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.
    ฿3,760/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.
    9
    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 The Beach Palace, and the current sales price.
    11%

    Project Details

    Project Name: The Beach Palace
    Developer: The Palace property Co.,Ltd.
    Construction: Completed (May 2007)
    Floors: 4
    Buildings: 5
    Units: 70
    Project Area: 4,800 SqM
    Nearest Landmark Cha Am Beach - 1.9 Km
    Location: Cha-Am, Phetchaburi
    The Beach Palace Project Details

    Project Features

    Communal Pool Communal Pool
    Communal Gym Communal Gym
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Reception / Lobby Area Reception / Lobby Area
    Communal Garden Area Communal Garden Area
    Back Up Generators Back Up Generators

    Popular Facilities at The Beach Palace

    • All
    • Fitness
    • Leisure
    • Convenience
    3
    • Reception / Lobby Area
      Ground Floor
    • Communal Pool
      Ground Floor
    • Communal Gym
      Ground Floor
    • Sauna
      Ground Floor

    Available Units at The Beach Palace

    For Sale 8 For Rent 3
    • All
    • Studio
    • 1 Bed
    • 2 Beds
    Get notified when new homes are being added to The Beach Palace
    View All (8)

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    Frequently Asked Questions

    No pets are allowed at The Beach Palace unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
    The common area maintenance fee is ฿40 per square meter based on the size of indoor area of the property and is ฿3,760 for this condo. This fee has to be paid 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 Beach Palace the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
    Cha Am Beach is the nearest Beach from The Beach Palace and it is 1.9 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 The Beach Palace 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

    Reviews

    5 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    It is the best place to stay in Cha-Am
    Stepan Stuard, United States, 6 years ago
    It is the best place to stay in Cha-Am, and I would recommend it to anyone. The condo is located directly on the beach. The atmosphere is pleasant, quiet, and private. The staff is also extremely attentive and welcoming. There is a kid's pool as well as an adult pool. My room is a 2-bedroom unit with pool access and is fully furnished. My kid likes it very much! It's also close to the center of Cha Am Beach. There are numerous restaurants nearby. I recommend it for families!
    Phetchaburi
    Cha-Am

    Neighborhood Overview

    Location and Neighborhood

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