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    3 Bedroom Townhouse for sale at Areeya Mova
    Chorakhe Bua, Lat Phrao,Bangkok
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    Sale Price
    $119,000
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    3 Bedroom Townhouse for sale at Areeya Mova
     (Write Review)
    Unit ID: U1654998
    7% Rental Yield
    Chorakhe Bua, Lat Phrao,Bangkok
    $119,000
    3 Bedrooms
    3
    Bathrooms
    2,368 Sqft
    Indoor Area
    3
    Storeys
    Completed
    11
    Sale Price
    $119,000

    About This Townhouse

    This property is a 2,368 Sqft townhouse with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Chorakhe Bua, Bangkok. You can buy this townhouse for a base price of $119,000 ($50/Sqft).

    Features

    TerraceTerrace Corner UnitCorner Unit Maids QuartersMaids Quarters BalconyBalcony Renovated KitchenRenovated Kitchen (2023)

    Basic Information

    Date Listed Nov 7, 2024
    Updated 5 days ago
    Property Type Townhouse
    Storeys 3
    Location Chorakhe Bua, Bangkok
    Bedrooms 3
    Nearest Landmark 11th Infantry Regiment BTS -2.7 Km
    Indoor Area 2,368 Sqft
    Price per Sqft $50
    Outdoor Area
    This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
    129 Sqft
    Plot Size 1,076 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
    Furniture
    Unfurnished
    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.
    $32/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1654998

    Investment Opportunity: Charges & Yield

    Sale Price
    $119,000
    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.
    $32/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.
    15
    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 townhouses at Areeya Mova, and the current sales price.
    7%

    Project Details

    Project Name: Areeya Mova
    Developer: Areeya Property
    Construction: Completed (Aug 2006)
    Units: 410
    Project Area: 468,445 Sqft
    Nearest Landmark 11th Infantry Regiment BTS - 2.7 Km
    Location: Chorakhe Bua, Bangkok
    Areeya Mova Project Details

    Project Features

    On Site Restaurant On Site Restaurant
    Communal Pool Communal Pool
    Communal Gym Communal Gym
    Clubhouse Clubhouse
    24H Security 24H Security
    Car Parking Car Parking
    Kids Pool Kids Pool
    Library / Reading Room Library / Reading Room
    Attached Market / Shops Attached Market / Shops
    Key card access Key card access

    Available Units at Areeya Mova

    For Sale 3 For Rent 2
    • All
    • 3 Beds
    • 5 Beds
    Get notified when new homes are being added to Areeya Mova
    View All (3)

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    Frequently Asked Questions

    All kind of pets are allowed at Areeya Mova including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    11th Infantry Regiment BTS is the nearest BTS Station from Areeya Mova and it is 2.7 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 Mova 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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    Bangkok
    Chorakhe Bua

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