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    3 Bedroom House for sale at Mitpracha (Ban Wanmai Phase2)
    Ban Chang, Ban Chang,Rayong
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    Sale Price
    ฿2,980,000
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    3 Bedroom House for sale at Mitpracha (Ban Wanmai Phase2)
     (Write Review)
    Unit ID: U1694410
    5% Rental Yield
    Ban Chang, Ban Chang,Rayong
    ฿2,980,000
    3 Bedrooms
    2
    Bathrooms
    271 SqM
    Indoor Area
    1
    Storeys
    Feb 2017
    Completed
    8
    Sale Price
    ฿2,980,000

    About This House

    This property is a 271 SqM house with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Ban Chang, Rayong and was completed in Feb 2017. You can buy this house for a base price of ฿2,980,000 (฿10,996/SqM).

    Features

    Beach AccessBeach Access Media Room/CinemaMedia Room/Cinema Corner UnitCorner Unit Maids QuartersMaids Quarters BalconyBalcony

    Basic Information

    Date Listed Nov 20, 2023
    Updated 8 months ago
    Property Type House (Single Detached)
    Storeys 1
    Location Ban Chang, Rayong
    Bedrooms 3
    Nearest Landmark Nam Rin Beach -3.9 Km
    Indoor Area 271 SqM
    Price per SqM ฿10,996
    Outdoor Area
    This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
    N/A
    Plot Size N/A
    Pets All Kind of Pets Allowed
    House Ownership

    Foreign nationals can own the building (house) in their own name, but not the land that it stands on.

    Thai Ownership
    Land Ownership

    Foreign nationals cannot own land in Thailand. The options in which a foreigner can control the land are via a 30-year lease or by purchasing the land through a Thai company.

    Thai Ownership
    Land Title Deed Chanote
    Construction Completed (Feb 2017)
    Furniture
    Specific items of furniture can be requested in the sale, or buyers can offer to purchase some or all of it. When negotiating a deal, either party can suggest that such items be included in the sale price.
    Negotiable
    View(s) Mountain View, Unblocked Open View
    Unit Type N/A
    Parking Spots 2
    Pool Size 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.
    N/A
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1694410

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿2,980,000
    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.
    18
    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 3 bedroom houses at Mitpracha (Ban Wanmai Phase2), and the current sales price.
    5%

    Project Details

    Project Name: Mitpracha (Ban Wanmai Phase2)
    Developer: N/A
    Construction: Completed (Jan 2018)
    Units: 50
    Project Area: N/A
    Nearest Landmark Nam Rin Beach - 3.9 Km
    Location: Ban Chang, Rayong
    Mitpracha (Ban Wanmai Phase2) Project Details

    Project Features

    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Communal Garden Area Communal Garden Area

    Available Units at Mitpracha (Ban Wanmai Phase2)

    For Sale 1 For Rent 1
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    • 3 Beds
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    Frequently Asked Questions

    All kind of pets are allowed at Mitpracha (Ban Wanmai Phase2) including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    Nam Rin Beach is the nearest Beach from Mitpracha (Ban Wanmai Phase2) and it is 3.9 km away.

    The building (the bricks and mortar) can be owned by a non-Thai national outright in their name in what is called the house registry which secures ownership indefinitely of the structure. 

    In Thailand, non-Thai nationals cannot own land outright in their name. Land can be controlled through either a Thai Company or a long-term registered lease. The longest registered lease term by Thai law is 30 years, and most developers will offer 3 terms for a total of 90 years.

     

    Read more here

    After you have found the right property at Mitpracha (Ban Wanmai Phase2) you have to follow these steps:

    • - Agreement of terms and conditions
    • - Reservation Agreement
    • - Reservation Deposit
    • - Sales and Purchase Agreement
    • - Settlement & Transfer


    Read more here

    A 30-year lease period is legally protected under Thai law and ownership cannot be disrupted. It is common for developers to offer an additional two terms of 30 contractually obligating a total of 90 years. 

    Prior to purchasing a leasehold property, it is important to secure a copy of the lease agreement or get further clarity on these three points.

    • - Who is the lessor? (an individual or a Thai Company) Securing a lease from a Thai Company offers much more security than a private individual.

    • - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)

    • - Is there a succession clause in the lease agreement that will allow inheritance of the lease?

    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
    Ban Chang

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