Unit ID: U1905098
6% Rental Yield
Tenant-Occupied until Jun 1, 2025
Chorakhe Bua, Lat Phrao,Bangkok
$146,000 $190,000
3 Bedrooms
4
Bathrooms
2,583 Sqft
Indoor Area
3
Storeys
Jan 2014
Completed

About This Townhouse

This property is a 2,583 Sqft townhouse with 3 bedrooms and 4 bathrooms that is available for sale. It is part of the project in Chorakhe Bua, Bangkok and was completed in Jan 2014. You can buy this townhouse for a base price of $146,000 ($57/Sqft) and it is also available for long term rentals starting from $732 per month.

Features

TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed Jul 31, 2024
Updated 2 weeks ago
Property Type Townhouse
Storeys 3
Location Chorakhe Bua, Bangkok
Bedrooms 3
Nearest Landmark Lat Phrao MRT -7 Km
Indoor Area 2,583 Sqft
Price per Sqft $57
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 728 Sqft
Pets N/A
Townhouse Ownership

Foreign nationals can own the building (townhouse) in their own name, but not the land that it stands on.

Foreign Ownership, 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.

N/A
Land Title Deed N/A
Construction Completed (Jan 2014)
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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1905098

Investment Opportunity: Charges & Yield

Sale Price
$146,000
Rent
$732/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. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
6%

Project Details

Developer: Areeya Property
Construction: Completed (Jan 2014)
Units: 286
Project Area: N/A
Nearest Landmark Lat Phrao MRT - 7 Km
Location: Chorakhe Bua, Bangkok
Areeya Daily Kaset-Nawamintr Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

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Frequently Asked Questions

Lat Phrao MRT is the nearest MRT Station from Areeya Daily Kaset-Nawamintr and it is 7 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 Areeya Daily Kaset-Nawamintr 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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Chorakhe Bua

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Areeya Daily Kaset-Nawamintr

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
Chorakhe Bua, Lat Phrao, Bangkok
Number of units
200
Sales Prices
$131.8K
▼ -32% underpriced
Monthly Rentals
$732
Year Built
Nov 2018
Completion Status
Completed
Location
Chorakhe Bua, Lat Phrao, Bangkok
Number of units
121
Sales Prices
$817.15K
Monthly Rentals
N/A
Year Built
Sep 2007
Completion Status
Completed
Project Name
Areeya Mova
Location
Chorakhe Bua, Lat Phrao, Bangkok
Number of units
410
Sales Prices
$228.45K - $248.95K
Monthly Rentals
$674 - $703
Year Built
Aug 2006
Completion Status
Completed
Location
Chorakhe Bua, Lat Phrao, Bangkok
Number of units
23
Sales Prices
$181.59K
▼ -42% underpriced
Monthly Rentals
N/A
Year Built
Jul 2020
Completion Status
Completed
Location
Chorakhe Bua, Lat Phrao, Bangkok
Number of units
31
Sales Prices
$202.09K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Location
Anusawari, Lat Phrao, Bangkok
Number of units
444
Sales Prices
$60.54K - $96.65K
▼ -10.8% underpriced
Monthly Rentals
$220 - $264
Year Built
Dec 2017
Completion Status
Completed
Location
Anusawari, Lat Phrao, Bangkok
Number of units
271
Sales Prices
$161.09K
Monthly Rentals
N/A
Year Built
Dec 2013
Completion Status
Completed
Location
Anusawari, Lat Phrao, Bangkok
Number of units
8
Sales Prices
$494.98K - $670.71K
Monthly Rentals
N/A
Year Built
Jan 2019
Completion Status
Completed
Location
Anusawari, Lat Phrao, Bangkok
Number of units
117
Sales Prices
$347.07K - $647.57K
▼ -4.6% underpriced
Monthly Rentals
N/A
Year Built
Dec 2020
Completion Status
Completed
Project Name
Na Veera Ramintra
Location
Anusawari, Lat Phrao, Bangkok
Number of units
218
Sales Prices
$58.28K - $115.4K
Monthly Rentals
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Year Built
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Completion Status
Off Plan
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