Unit ID: U1015732
7% Rental Yield
Cha-Am, Cha-Am,Phetchaburi
฿3,670,000 Great Price
Studio Bedroom
1
Bathroom
69 SqM
Size
3
Floor
May 2007
Completed

About This Condo

This property is a 69 SqM studio condo with 1 bathroom 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 ฿3,670,000 (฿53,188/SqM).

Features

BalconyBalcony MicrowaveMicrowave TVTV

Basic Information

Date Listed Jul 19, 2021
Updated 3 years ago
Property Type Condo
Floor 3
Bedroom Studio
Size 69 SqM
Price per SqM ฿53,188
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%.

Foreign Quota, Thai 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) Pool 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.
฿2,760/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1015732

Investment Opportunity: Charges & Yield

Sale Price
฿3,670,000
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.
฿2,760/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.
14
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 studio condos at The Beach Palace, and the current sales price.
7%

Project Details

Project Name: The Beach Palace
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

  • Reception / Lobby Area
    Ground Floor
  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor
  • Sauna
    Ground Floor

Available Units at The Beach Palace

For Sale 9 For Rent 4
Get notified when new homes are being added to The Beach Palace
View All (9)

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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 ฿2,760 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

Street View

Projects Nearby The Beach Palace

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Location
Cha-Am, Cha-Am, Phetchaburi
Number of units
77
Sales Prices
฿3.6M - ฿16.5M
Monthly Rentals
฿25K
Year Built
Jan 2009
Completion Status
Completed
Project Name
Suchawalai At Sea
Location
Cha-Am, Cha-Am, Phetchaburi
Number of units
147
Sales Prices
฿7.6M - ฿15.9M
▼ -11% underpriced
Monthly Rentals
฿17K - ฿40K
Year Built
Jan 2015
Completion Status
Completed
Location
Cha-Am, Cha-Am, Phetchaburi
Number of units
5997
Sales Prices
฿1.65M - ฿7.5M
▼ -3.7% underpriced
Monthly Rentals
฿8K
Year Built
Dec 2017
Completion Status
Completed
Location
Cha-Am, Cha-Am, Phetchaburi
Number of units
N/A
Sales Prices
฿6.2M - ฿6.4M
▼ -30% underpriced
Monthly Rentals
N/A
Year Built
Oct 1998
Completion Status
Completed
Project Name
Le' Breeze Resort
Location
Cha-Am, Cha-Am, Phetchaburi
Number of units
1500
Sales Prices
฿1.49M
▼ -37% underpriced
Monthly Rentals
N/A
Year Built
Dec 2013
Completion Status
Completed
Project Name
Baan Chaan Talay
Location
Cha-Am, Cha-Am, Phetchaburi
Number of units
175
Sales Prices
฿6.5M - ฿35M
▲ 9% overpriced
Monthly Rentals
N/A
Year Built
Dec 2009
Completion Status
Completed
Project Name
Baan Ploen Talay
Location
Cha-Am, Cha-Am, Phetchaburi
Number of units
107
Sales Prices
฿3M - ฿4M
▼ -27% underpriced
Monthly Rentals
฿10K - ฿55K
Year Built
Dec 2010
Completion Status
Completed
Project Name
Issara Village
Location
Cha-Am, Cha-Am, Phetchaburi
Number of units
35
Sales Prices
฿4.2M - ฿8.99M
▼ -33% underpriced
Monthly Rentals
฿25K - ฿33.5K
Year Built
Jan 2015
Completion Status
Completed
Location
Cha-Am, Cha-Am, Phetchaburi
Number of units
421
Sales Prices
฿3.3M - ฿7.69M
▼ -5.8% underpriced
Monthly Rentals
฿19K - ฿30K
Year Built
Nov 2015
Completion Status
Completed
Project Name
Baan Hansa Condo
Location
Cha-Am, Cha-Am, Phetchaburi
Number of units
N/A
Sales Prices
฿7.5M - ฿7.8M
Monthly Rentals
฿24K - ฿50K
Year Built
Dec 2016
Completion Status
Completed
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