3 Bedroom House for sale at Mitpracha (Ban Wanmai Phase2)

 (Write Review)
Ban Chang, Ban Chang,Rayong
Unit ID: U1694410
5% Rental Yield
3 Bedrooms
2 Bathrooms
2,917 Sqft Indoor Area
1 Storeys
Feb 2017 Completed

About This House

This property is a 2,917 Sqft 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 ₿0.889 (₿0/Sqft).

Features

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

Basic Information

Date Listed Nov 20, 2023
Updated 10 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 2,917 Sqft
Price per Sqft ₿0
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
₿0.889
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

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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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

Neighborhood Overview

Location and Neighborhood

Street View

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