Unit ID: U1930388
5% Rental Yield
Phraeksa, Mueang Samut Prakan,Samut Prakan
$99,500
2 Bedrooms
3
Bathrooms
958 Sqft
Indoor Area
2
Storeys
Sep 2018
Completed

About This Townhouse

This property is a 958 Sqft townhouse with 2 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Phraeksa, Samut Prakan and was completed in Sep 2018. You can buy this townhouse for a base price of $99,500 ($104/Sqft).

Features

Direct access to BTS/MRTDirect access to BTS/MRT Access to BTS/MRTAccess to BTS/MRT

Basic Information

Date Listed Sep 9, 2024
Updated 2 months ago
Property Type Townhouse
Storeys 2
Location Phraeksa, Samut Prakan
Bedrooms 2
Nearest Landmark Srinagarindra BTS -2.5 Km
Indoor Area 958 Sqft
Price per Sqft $104
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 1,051 Sqft
Pets All Kind of Pets 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 (Sep 2018)
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) City 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.
$456/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1930388

Investment Opportunity: Charges & Yield

Sale Price
$99,500
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.
$456/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.
19
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 Indy 2 Srinakarin, and the current sales price.
5%

Project Details

Project Name: Indy 2 Srinakarin
Developer: Land and Houses
Construction: Completed (Dec 2020)
Units: 445
Project Area: 783,613 Sqft
Nearest Landmark Srinagarindra BTS - 2.5 Km
Location: Phraeksa, Samut Prakan
Indy 2 Srinakarin Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
Indoor Kids Zone Indoor Kids Zone
Reception / Lobby Area Reception / Lobby Area

Available Units at Indy 2 Srinakarin

For Sale 4 For Rent 2
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Frequently Asked Questions

All kind of pets are allowed at Indy 2 Srinakarin including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Srinagarindra BTS is the nearest BTS Station from Indy 2 Srinakarin and it is 2.5 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 Indy 2 Srinakarin 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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Samut Prakan
Phraeksa

Neighborhood Overview

Location and Neighborhood

Street View

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