Unit ID: U1652010
5% Rental Yield
Hat Yai, Hat Yai,Songkhla
$591,000
25 Bedrooms
21
Bathrooms
2,713 Sqft
Size
Jan 2015
Completed

About This Apartment

This property is a 2,713 Sqft apartment with 25 bedrooms and 21 bathrooms that is available for sale. It is part of the project in Hat Yai, Songkhla and was completed in Jan 2015. You can buy this apartment for a base price of $591,000 ($218/Sqft) and it is also available for long term rentals starting from $2,360 per month.

Canberra Park Residences

This apartment building is located in the heart of Hat Yai city and has 25 units for rent. All rooms are furnished. The building is conveniently located for shopping and transportation. Less than 1 km to Prince of Songkhla University. The entire building was completely renovated in 2015 and currently enjoys over 80% occupancy. The property is self-operating and requires little work from the owner. 

Features

BalconyBalcony Wifi IncludedWifi Included Fully RenovatedFully Renovated Renovated BathroomRenovated Bathroom Washing MachineWashing Machine

Basic Information

Date Listed Aug 23, 2023
Updated 1 year ago
Property Type Apartment
Floor N/A
Bedrooms 25
Size 2,713 Sqft
Price per Sqft $218
Pets Not Allowed
Apartment 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
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) City 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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1652010

Investment Opportunity: Charges & Yield

Sale Price
$591,000
Rent
$2,360/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.
21
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.
5%

Project Details

Project Name: Canberra Park Apartments
Developer: N/A
Construction: Completed (Jan 2015)
Floors: 5
Buildings: N/A
Units: 25
Project Area: N/A
Nearest Landmark Saline Hot Spring Khlong Thom - 180 Km
Location: Hat Yai, Songkhla
Canberra Park Apartments Project Details

Available Units at Canberra Park Apartments

For Sale 1 For Rent 1
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Frequently Asked Questions

No pets are allowed at Canberra Park Apartments unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Saline Hot Spring Khlong Thom is the nearest Tourist Attraction from Canberra Park Apartments and it is 180 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 Canberra Park Apartments 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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Songkhla
Hat Yai

Neighborhood Overview

Location and Neighborhood

Street View

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