Unit ID: U1911017
6% Rental Yield
Phe, Mueang Rayong,Rayong
฿1,600,000
Studio Bedroom
1
Bathroom
36 SqM
Size
13
Floor
Oct 1993
Completed

About This Condo

This property is a 36 SqM studio condo with 1 bathroom that is available for sale. It is part of the project in Phe, Rayong and was completed in Oct 1993. You can buy this condo for a base price of ฿1,600,000 (฿44,444/SqM).

Wonderful sunsets and completely free view from both sides !

The balcony niches have doors which prevent birds(pigeons)to stay.bathroom has a modern shower with hot water and is separated from the toilet by a glass brick wall + sink.Kitchen is equipped with two electric hobs,warm water,large fridge + toaster , kettle and in the balcony niche there is a micro wave and an electric oven/grill .The aircon has been fitted in the right niche (no lost space on balcony).King size bed /desk/deskchair/fnew flat TV/custom made furniture.Balcony table and chairs are of solid wood . The table can be enlarged.Sockets where needed and as well in the balcony niches.Tiling all over the whole flat.

Features

BeachfrontBeachfront OceanfrontOceanfront Private GymPrivate Gym Private LiftPrivate Lift Private SaunaPrivate Sauna Private PoolPrivate Pool Pool AccessPool Access Garden AccessGarden Access BalconyBalcony Outdoor ShowersOutdoor Showers Fully RenovatedFully Renovated (2012) Renovated BathroomRenovated Bathroom

Basic Information

Date Listed Aug 12, 2024
Updated 2 months ago
Property Type Condo
Floor 13
Bedroom Studio
Size 36 SqM
Price per SqM ฿44,444
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
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, Mountain View, Pool View, Unblocked Open 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.
฿1,080/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1911017

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.
฿1,080/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.
16
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 VIP Condo Chain Rayong, and the current sales price.
6%

Project Details

Project Name: VIP Condo Chain Rayong
Developer: N/A
Construction: Completed (Oct 1993)
Floors: 40
Buildings: N/A
Units: 427
Project Area: N/A
Nearest Landmark Rayong Beach - 2.8 Km
Location: Phe, Rayong
VIP Condo Chain Rayong Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Tennis Court Tennis Court
Reception / Lobby Area Reception / Lobby Area

Available Units at VIP Condo Chain Rayong

For Sale 5 For Rent 3
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Frequently Asked Questions

No pets are allowed at VIP Condo Chain Rayong 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 ฿30 per square meter based on the size of indoor area of the property and is ฿1,080 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.
Rayong Beach is the nearest Beach from VIP Condo Chain Rayong and it is 2.8 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 VIP Condo Chain Rayong 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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Rayong
Phe

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Location and Neighborhood

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Projects Nearby VIP Condo Chain Rayong

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
Project Name
The Royal Rayong
Location
Phe, Mueang Rayong, Rayong
Number of units
200
Sales Prices
฿2.52M - ฿27.6M
▼ -4% underpriced
Monthly Rentals
N/A
Year Built
Jan 2012
Completion Status
Completed
Location
Phe, Mueang Rayong, Rayong
Number of units
30
Sales Prices
฿4.38M
▲ 28% overpriced
Monthly Rentals
฿27.2K - ฿29.2K
Year Built
Jan 2018
Completion Status
Completed
Project Name
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Location
Phe, Mueang Rayong, Rayong
Number of units
20
Sales Prices
฿5.84M - ฿9.02M
▲ 25% overpriced
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฿80.6K
Year Built
Jan 2018
Completion Status
Completed
Location
Phe, Mueang Rayong, Rayong
Number of units
338
Sales Prices
฿438K - ฿504K
Monthly Rentals
N/A
Year Built
Jan 1995
Completion Status
Completed
Location
Taphong, Mueang Rayong, Rayong
Number of units
156
Sales Prices
฿4.03M - ฿12.1M
▼ -32% underpriced
Monthly Rentals
N/A
Year Built
Oct 2000
Completion Status
Completed
Project Name
Greenery Hill
Location
Taphong, Mueang Rayong, Rayong
Number of units
10
Sales Prices
฿4.33M
▼ -15% underpriced
Monthly Rentals
N/A
Year Built
Jan 2018
Completion Status
Completed
Location
Phe, Mueang Rayong, Rayong
Number of units
49
Sales Prices
฿4.79M
Monthly Rentals
N/A
Year Built
Dec 2016
Completion Status
Completed
Project Name
The Royal Rayong
Location
Phe, Mueang Rayong, Rayong
Number of units
N/A
Sales Prices
฿2.02M - ฿3.33M
Monthly Rentals
N/A
Year Built
Jan 1992
Completion Status
Completed
Location
Taphong, Mueang Rayong, Rayong
Number of units
N/A
Sales Prices
฿3.93M
Monthly Rentals
N/A
Year Built
Dec 1997
Completion Status
Completed
Project Name
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Location
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Number of units
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Monthly Rentals
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Year Built
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Completion Status
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