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    3 Bedroom Townhouse for sale at Baan Chanakan Baan Klang Muang
    Wichit, Phuket Town,Phuket
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    Sale Price
    $128,000
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    3 Bedroom Townhouse for sale at Baan Chanakan Baan Klang Muang
     (Write Review)
    Unit ID: U1911537
    8% Rental Yield
    Wichit, Phuket Town,Phuket
    $128,000
    3 Bedrooms
    3
    Bathrooms
    1,722 Sqft
    Indoor Area
    2
    Storeys
    May 2011
    Completed
    17
    Sale Price
    $128,000

    About This Townhouse

    This property is a 1,722 Sqft townhouse with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Wichit, Phuket and was completed in May 2011. You can buy this townhouse for a base price of $128,000 ($74/Sqft).

    Features

    Covered ParkingCovered Parking BalconyBalcony

    Basic Information

    Date Listed Aug 13, 2024
    Updated 3 months ago
    Property Type Townhouse
    Storeys 2
    Location Wichit, Phuket
    Bedrooms 3
    Nearest Landmark Patong Beach -8.2 Km
    Indoor Area 1,722 Sqft
    Price per Sqft $74
    Outdoor Area
    This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
    431 Sqft
    Plot Size 999 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, Company
    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, Company
    Land Title Deed Chanote
    Construction Completed (May 2011)
    Furniture
    Unfurnished
    View(s) City 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.
    N/A
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1911537

    Investment Opportunity: Charges & Yield

    Sale Price
    $128,000
    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.
    12
    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 Baan Chanakan Baan Klang Muang, and the current sales price.
    8%

    Project Details

    Project Name: Baan Chanakan Baan Klang Muang
    Developer: N/A
    Construction: Completed (Mar 2008)
    Units: 84
    Project Area: N/A
    Nearest Landmark Patong Beach - 8.2 Km
    Location: Wichit, Phuket
    Baan Chanakan Baan Klang Muang Project Details

    Project Features

    24H Security 24H Security
    Outdoor Kids Zone Outdoor Kids Zone
    Communal Garden Area Communal Garden Area

    Available Units at Baan Chanakan Baan Klang Muang

    For Sale 3 For Rent 2
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    • 3 Beds
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    Frequently Asked Questions

    All kind of pets are allowed at Baan Chanakan Baan Klang Muang including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    Patong Beach is the nearest Beach from Baan Chanakan Baan Klang Muang and it is 8.2 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 Baan Chanakan Baan Klang Muang 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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    Phuket
    Wichit

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