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    2 Bedroom Townhouse for sale at Baan Monchaya 1
    Sai Mai, Sai Mai,Bangkok
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    Sale Price
    $42,900
    Request Details

    2 Bedroom Townhouse for sale at Baan Monchaya 1
     (Write Review)
    Unit ID: U1621006
    5% Rental Yield
    Sai Mai, Sai Mai,Bangkok
    $42,900
    2 Bedrooms
    2
    Bathrooms
    689 Sqft
    Indoor Area
    2
    Storeys
    Jun 1999
    Completed
    9
    Sale Price
    $42,900

    About This Townhouse

    This property is a 689 Sqft townhouse with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Sai Mai, Bangkok and was completed in Jun 1999. You can buy this townhouse for a base price of $42,900 ($62/Sqft).

    Features

    TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

    Basic Information

    Date Listed Jun 19, 2023
    Updated 1 year ago
    Property Type Townhouse
    Storeys 2
    Location Sai Mai, Bangkok
    Bedrooms 2
    Nearest Landmark Don Mueang Airport -4.6 Km
    Indoor Area 689 Sqft
    Price per Sqft $62
    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 Not Allowed
    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 (Jun 1999)
    Furniture
    Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
    Partly Furnished
    View(s) Unblocked Open 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 U1621006

    Investment Opportunity: Charges & Yield

    Sale Price
    $42,900
    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.
    21
    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 2 bedroom townhouses at Baan Monchaya 1, and the current sales price.
    5%

    Project Details

    Project Name: Baan Monchaya 1
    Developer: N/A
    Construction: Completed (Jun 1999)
    Units: 350
    Project Area: N/A
    Nearest Landmark Don Mueang Airport - 4.6 Km
    Location: Sai Mai, Bangkok
    Baan Monchaya 1 Project Details

    Project Features

    Car Parking Car Parking
    Communal Garden Area Communal Garden Area

    Available Units at Baan Monchaya 1

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

    No pets are allowed at Baan Monchaya 1 unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
    Don Mueang Airport is the nearest Airport from Baan Monchaya 1 and it is 4.6 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 Monchaya 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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    Sai Mai

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