Unit ID: U1886849
6% Rental Yield
Bang Rak Phatthana, Bang Bua Thong,Nonthaburi
$38,200
2 Bedrooms
2
Bathrooms
1,184 Sqft
Indoor Area
2
Storeys
Nov 2011
Completed

About This Townhouse

This property is a 1,184 Sqft townhouse with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Bang Rak Phatthana, Nonthaburi and was completed in Nov 2011. You can buy this townhouse for a base price of $38,200 ($32/Sqft) and it is also available for long term rentals starting from $192 per month.

Features

TerraceTerrace DuplexDuplex BalconyBalcony

Basic Information

Date Listed Jul 11, 2024
Updated 3 months ago
Property Type Townhouse
Storeys 2
Location Bang Rak Phatthana, Nonthaburi
Bedrooms 2
Nearest Landmark Bang Phlu MRT -2.3 Km
Indoor Area 1,184 Sqft
Price per Sqft $32
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 689 Sqft
Pets Cats and Dogs (small only)
Townhouse Ownership

Foreign nationals can own the building (townhouse) 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 (Nov 2011)
Furniture
Unfurnished
View(s) Blocked View
Unit Type N/A
Parking Spots 1
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 U1886849

Investment Opportunity: Charges & Yield

Sale Price
$38,200
Rent
$192/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. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
6%

Project Details

Project Name: Baan Lapawan 1
Developer: N/A
Construction: Completed (Nov 2011)
Units: 186
Project Area: N/A
Nearest Landmark Bang Phlu MRT - 2.3 Km
Location: Bang Rak Phatthana, Nonthaburi
Baan Lapawan 1 Project Details

Project Features

Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Communal Garden Area Communal Garden Area
Attached Market / Shops Attached Market / Shops

Available Units at Baan Lapawan 1

For Sale 2 For Rent 1
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Frequently Asked Questions

Small dogs (weight under 15 kg), cats and small pets like rabbits, hamsters and guinea pigs are allowed at Baan Lapawan 1.
Bang Phlu MRT is the nearest MRT Station from Baan Lapawan 1 and it is 2.3 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 Baan Lapawan 1 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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Nonthaburi
Bang Rak Phatthana

Neighborhood Overview

Location and Neighborhood

Street View

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