Unit ID: U1737958
6% Rental Yield
Bang Sao Thong, Bang Sao Thong,Samut Prakan
$63,600
2 Bedrooms
3
Bathrooms
1,313 Sqft
Indoor Area
2
Storeys
Jan 2014
Completed

About This Townhouse

This property is a 1,313 Sqft townhouse with 2 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Bang Sao Thong, Samut Prakan and was completed in Jan 2014. You can buy this townhouse for a base price of $63,600 ($48/Sqft).

Features

Covered ParkingCovered Parking

Basic Information

Date Listed Feb 17, 2024
Updated 10 months ago
Property Type Townhouse
Storeys 2
Location Bang Sao Thong, Samut Prakan
Bedrooms 2
Nearest Landmark Suvarnabhumi MRT -12.6 Km
Indoor Area 1,313 Sqft
Price per Sqft $48
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 1,119 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 (Jan 2014)
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.
$20/mo
Listed By
Each listing provided by partnered agents is individually verified by AsiaVillas. Partner Agents work for different brokerages or property management companies but have teamed up with AsiaVillas so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1737958

Investment Opportunity: Charges & Yield

Sale Price
$63,600
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.
$20/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.
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 2 bedroom townhouses at Modi Villa Bangna, and the current sales price.
6%

Project Details

Project Name: Modi Villa Bangna
Developer: Property Perfect
Construction: Completed (Jan 2018)
Units: 624
Project Area: 1,222,780 Sqft
Nearest Landmark Suvarnabhumi MRT - 12.6 Km
Location: Bang Sao Thong, Samut Prakan
Modi Villa Bangna Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Walking / Running Track Walking / Running Track
Communal Garden Area Communal Garden Area
Key card access Key card access

Available Units at Modi Villa Bangna

For Sale 8 For Rent 7
Get notified when new homes are being added to Modi Villa Bangna
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Frequently Asked Questions

All kind of pets are allowed at Modi Villa Bangna including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Suvarnabhumi MRT is the nearest MRT Station from Modi Villa Bangna and it is 12.6 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 Modi Villa Bangna 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
Bang Sao Thong

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Modi Villa Bangna

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Location
Bang Sao Thong, Bang Sao Thong, Samut Prakan
Number of units
99
Sales Prices
$216.51K
Monthly Rentals
N/A
Year Built
Aug 2017
Completion Status
Completed
Location
Bang Sao Thong, Bang Sao Thong, Samut Prakan
Number of units
277
Sales Prices
$45.96K - $56.66K
Monthly Rentals
$202 - $231
Year Built
Aug 2017
Completion Status
Completed
Location
Bang Sao Thong, Bang Sao Thong, Samut Prakan
Number of units
250
Sales Prices
$80.94K - $216.8K
▲ 17% overpriced
Monthly Rentals
N/A
Year Built
Nov 2011
Completion Status
Completed
Location
Bang Sao Thong, Bang Sao Thong, Samut Prakan
Number of units
143
Sales Prices
$43.36K
Monthly Rentals
$231
Year Built
Dec 2011
Completion Status
Completed
Project Name
Swift Condo
Location
Bang Sao Thong, Bang Sao Thong, Samut Prakan
Number of units
77
Sales Prices
$31.8K - $50.85K
Monthly Rentals
$202
Year Built
Oct 2012
Completion Status
Completed
Project Name
U Life Condo
Location
Bang Sao Thong, Bang Sao Thong, Samut Prakan
Number of units
78
Sales Prices
$57.52K
Monthly Rentals
N/A
Year Built
Jan 2011
Completion Status
Completed
Location
Bang Bo, Bang Sao Thong, Samut Prakan
Number of units
136
Sales Prices
$40.47K - $54.92K
Monthly Rentals
N/A
Year Built
May 2013
Completion Status
Completed
Location
Bang Sao Thong, Bang Sao Thong, Samut Prakan
Number of units
10
Sales Prices
$86.69K - $103.77K
Monthly Rentals
N/A
Year Built
Mar 2021
Completion Status
Completed
Location
Bang Sao Thong, Bang Sao Thong, Samut Prakan
Number of units
323
Sales Prices
$48.85K
Monthly Rentals
$202
Year Built
May 2015
Completion Status
Completed
Project Name
Pleno Town Bangna
Location
Bang Sao Thong, Bang Sao Thong, Samut Prakan
Number of units
351
Sales Prices
$78.05K - $130.08K
Monthly Rentals
$1.16K
Year Built
Jun 2021
Completion Status
Completed
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