2 Bedroom Condo for sale at Orchid Beach Apartment

 (Write Review)
Phe, Mueang Rayong,Rayong
Unit ID: U592648
8% Rental Yield
2 Bedrooms
2 Bathrooms
85 SqM Size
2 Floor
Jan 2018 Completed

About This Condo

This property is a 85 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Orchid Beach Apartment project in Phe, Rayong and was completed in Jan 2018. You can buy this condo for a base price of £99,000 (£1,160/SqM) and it is also available for long term rentals starting from £660 per month.

2 bedrooms apartment -86 sqm close to the beach

The apartment is locate in VIP Chain Resort, on Mae Rumphueng Beach Road, about 7 km to the samed Island pier, Apartment just walk only 350 m to the beach. 2 Bedroom 2 bathroom, usable are 86 sqm and full decoration. Facilities; – Large 2 Swimming Pools – Kid playground and garden – Pool Bar – Tennis Court – Miniature Golf Court – Restaurant – Massage and Spa – Fitness – CCTV – Security system 24 hours – Elevator – WiFi Internet (Only Public Area)

Features

Full Western KitchenFull Western Kitchen MicrowaveMicrowave OvenOven TVTV

Basic Information

Date Listed May 26, 2020
Updated 4 years ago
Property Type Condo
Floor 2
Bedrooms 2
Size 85 SqM
Price per SqM £1,160
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, 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) Garden 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.
£59/mo
Listed By
Each listing provided by partnered agents is individually verified by LivePhuket. Partner Agents work for different brokerages or property management companies but have teamed up with LivePhuket so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U592648

Investment Opportunity: Charges & Yield

Sale Price
£99,000
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.
£59/mo
Rent
£660/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.
13
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
8%

Project Details

Developer: N/A
Construction: Completed (Jan 2018)
Floors: 5
Buildings: N/A
Units: 30
Project Area: N/A
Nearest Landmark Rayong Beach - 1.7 Km
Location: Phe, Rayong
Orchid Beach Apartment Project Details

Project Features

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

Available Units at Orchid Beach Apartment

For Sale 1 For Rent 3
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Frequently Asked Questions

Rayong Beach is the nearest Beach from Orchid Beach Apartment and it is 1.7 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 Orchid Beach Apartment 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

Projects Nearby Orchid Beach Apartment

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
VIP Chain
Location
Phe, Mueang Rayong, Rayong
Number of units
20
Sales Prices
£93.4K - £204K
▲ 25% overpriced
Monthly Rentals
£1.82K
Year Built
Jan 2018
Completion Status
Completed
Project Name
The Royal Rayong
Location
Phe, Mueang Rayong, Rayong
Number of units
200
Sales Prices
£56.9K - £623K
▼ -4% underpriced
Monthly Rentals
N/A
Year Built
Jan 2012
Completion Status
Completed
Location
Phe, Mueang Rayong, Rayong
Number of units
427
Sales Prices
£36.4K - £125K
▼ -22% underpriced
Monthly Rentals
£171 - £797
Year Built
Oct 1993
Completion Status
Completed
Location
Phe, Mueang Rayong, Rayong
Number of units
338
Sales Prices
£11.4K
Monthly Rentals
N/A
Year Built
Jan 1995
Completion Status
Completed
Location
Taphong, Mueang Rayong, Rayong
Number of units
156
Sales Prices
£91K - £273K
▼ -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
£97.9K
▼ -15% underpriced
Monthly Rentals
N/A
Year Built
Jan 2018
Completion Status
Completed
Location
Phe, Mueang Rayong, Rayong
Number of units
49
Sales Prices
£108K
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
£50.1K
Monthly Rentals
N/A
Year Built
Jan 1992
Completion Status
Completed
Location
Taphong, Mueang Rayong, Rayong
Number of units
N/A
Sales Prices
£88.8K
Monthly Rentals
N/A
Year Built
Dec 1997
Completion Status
Completed
Project Name
Vela Home
Location
Taphong, Mueang Rayong, Rayong
Number of units
7
Sales Prices
£40.8K
Monthly Rentals
N/A
Year Built
Dec 2021
Completion Status
Completed
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