Unit ID: U660194
6% Rental Yield
Nong Nam Daeng, Pak Chong,Nakhon Ratchasima
$94,700
1 Bedroom
1
Bathroom
517 Sqft
Size
2
Floor
Oct 2015
Completed

About This Condo

This property is a 517 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Nong Nam Daeng, Nakhon Ratchasima and was completed in Oct 2015. You can buy this condo for a base price of $94,700 ($183/Sqft).

Features

BalconyBalcony MicrowaveMicrowave

Basic Information

Date Listed Feb 5, 2021
Updated 3 years ago
Property Type Condo
Floor 2
Bedroom 1
Size 517 Sqft
Price per Sqft $183
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%.

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.
$64/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U660194

Investment Opportunity: Charges & Yield

Sale Price
$94,700
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.
$64/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.
17
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 1 bedroom condos at Baan Tiew Khao, and the current sales price.
6%

Project Details

Project Name: Baan Tiew Khao
Developer: N/A
Construction: Completed (Oct 2015)
Floors: 7
Buildings: N/A
Units: 60
Project Area: 6,893,208 Sqft
Nearest Landmark Nakhon Ratchasima Railway Station - 81 Km
Location: Nong Nam Daeng, Nakhon Ratchasima
Baan Tiew Khao 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 Baan Tiew Khao

For Sale 1 For Rent 1
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Frequently Asked Questions

No pets are allowed at Baan Tiew Khao 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 $1 per square meter based on the size of indoor area of the property and is $64 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.
Nakhon Ratchasima Railway Station is the nearest Railway Station from Baan Tiew Khao and it is 81 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 Baan Tiew Khao 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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Nong Nam Daeng

Neighborhood Overview

Location and Neighborhood

Street View

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