Unit ID: U1875564
6% Rental Yield
Tenant-Occupied until May 29, 2025
Nai Mueang, Mueang Khon Kaen,Khon Kaen
$138,000
3 Bedrooms
3
Bathrooms
1,507 Sqft
Indoor Area
2
Storeys
Aug 2011
Completed

About This House

This property is a 1,507 Sqft house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Nai Mueang, Khon Kaen and was completed in Aug 2011. You can buy this house for a base price of $138,000 ($92/Sqft).

Welcome to Piman Chon 2.

This stunning 3 bedroom, 3 bathroom duplex is a must-see! Boasting 320 sqm of land area, this recently renovated property comes with 2 parking spots and so much more. Enjoy the convenience of having a Thai and European kitchen. The master bedroom features an en-suite with water heater. Upstairs you will find a shared bathroom for the other bedrooms also with water heater. Downstairs includes a toilet and basin with area plumbed for washing machine. Each of the bedrooms feature air conditioning and there is a balcony upstairs. The property also has solar lighting outdoors, making it perfect for those who love the outdoors. Located in a secure village close to all amenities, this is the ideal home for you and your family. 

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed Jun 17, 2024
Updated 5 months ago
Property Type House (Single Detached)
Storeys 2
Location Nai Mueang, Khon Kaen
Bedrooms 3
Nearest Landmark N/A
Indoor Area 1,507 Sqft
Price per Sqft $92
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 3,444 Sqft
Pets All Kind of Pets Allowed
House Ownership

Foreign nationals can own the building (house) 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 (Aug 2011)
Furniture
A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
Fully Furnished
View(s) Garden View
Unit Type N/A
Parking Spots 2
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.
$10/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1875564

Investment Opportunity: Charges & Yield

Sale Price
$138,000
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.
$10/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 based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 3 bedroom houses at Pimanchon 2, and the current sales price.
6%

Project Details

Project Name: Pimanchon 2
Developer: N/A
Construction: Completed (Aug 2011)
Units: 18
Project Area: N/A
Nearest Landmark N/A
Location: Nai Mueang, Khon Kaen
Pimanchon 2 Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Communal Garden Area Communal Garden Area

Available Units at Pimanchon 2

For Sale 13 For Rent 7
Available Units at Pimanchon 2
$74,500
$53/Sqft
Beds 2 Beds
Baths 2 Baths
Size 1,399 Sqft Size
Plot Size 3,031 Sqft Plot Size
Unfurnished Garden View
Updated 3 weeks ago
Available Units at Pimanchon 2
$112,000
$75/Sqft
Beds 3 Beds
Baths 3 Baths
Size 1,507 Sqft Size
Plot Size 2,411 Sqft Plot Size
Partly Furnished
Available Units at Pimanchon 2
$80,600
$60/Sqft
Beds 2 Beds
Baths 1 Baths
Size 1,345 Sqft Size
Plot Size 3,143 Sqft Plot Size
Unfurnished
Available Units at Pimanchon 2
$92,100
$68/Sqft
Beds 2 Beds
Baths 2 Baths
Size 1,345 Sqft Size
Plot Size 2,153 Sqft Plot Size
Partly Furnished
Updated 1 week ago
Available Units at Pimanchon 2
$101,000
$62/Sqft
Beds 3 Beds
Baths 2 Baths
Size 1,615 Sqft Size
Plot Size 3,423 Sqft Plot Size
Partly Furnished
Updated 3 weeks ago
Available Units at Pimanchon 2
$97,800
$76/Sqft
Beds 2 Beds
Baths 3 Baths
Size 1,292 Sqft Size
Plot Size 2,573 Sqft Plot Size
Partly Furnished
Available Units at Pimanchon 2
$138,000
$86/Sqft
Beds 3 Beds
Baths 3 Baths
Size 1,615 Sqft Size
Plot Size 3,444 Sqft Plot Size
Partly Furnished
Available Units at Pimanchon 2
$138,000
$92/Sqft
Beds 3 Beds
Baths 3 Baths
Size 1,507 Sqft Size
Plot Size 3,444 Sqft Plot Size
Fully Furnished Garden View
Available Units at Pimanchon 2
$101,000
$78/Sqft
Beds 3 Beds
Baths 2 Baths
Size 1,292 Sqft Size
Plot Size 3,423 Sqft Plot Size
Partly Furnished Garden View
Available Units at Pimanchon 2
$112,000
$85/Sqft
Beds 3 Beds
Baths 2 Baths
Size 1,324 Sqft Size
Plot Size 2,411 Sqft Plot Size
Partly Furnished Garden View
Available Units at Pimanchon 2
$97,800
$83/Sqft
Beds 3 Beds
Baths 2 Baths
Size 1,184 Sqft Size
Plot Size 2,471 Sqft Plot Size
Fully Furnished Garden View
Available Units at Pimanchon 2
$112,000
$87/Sqft
Beds 3 Beds
Baths 3 Baths
Size 1,292 Sqft Size
Plot Size 2,411 Sqft Plot Size
Partly Furnished
Available Units at Pimanchon 2
$106,000
$71/Sqft
Beds 3 Beds
Baths 2 Baths
Size 1,507 Sqft Size
Plot Size 159,134 Sqft Plot Size
Fully Furnished Garden View
Get notified when new homes are being added to Pimanchon 2
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Frequently Asked Questions

All kind of pets are allowed at Pimanchon 2 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.

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 Pimanchon 2 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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Khon Kaen
Nai Mueang

Neighborhood Overview

Location and Neighborhood

Street View

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