Unit ID: U28819
9% Rental Yield
Patong, Kathu,Phuket
$210,000
3 Bedrooms
3
Bathrooms
1,119 Sqft
Indoor Area
2
Storeys
Jun 2004
Completed

About This Townhouse

This property is a 1,119 Sqft townhouse with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Patong, Phuket and was completed in Jun 2004. You can buy this townhouse for a base price of $210,000 ($188/Sqft).

Features

TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed Mar 28, 2022
Updated 2 years ago
Property Type Townhouse
Storeys 2
Location Patong, Phuket
Bedrooms 3
Nearest Landmark Jungceylon -1.1 Km
Indoor Area 1,119 Sqft
Price per Sqft $188
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 1,550 Sqft
Pets Not Allowed
Townhouse Ownership

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

N/A
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 (Jun 2004)
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) Sea View, City View
Unit Type N/A
Parking Spots N/A
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 U28819

Investment Opportunity: Charges & Yield

Sale Price
$210,000
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 Kaseamsarp 2, and the current sales price.
9%

Project Details

Project Name: Baan Kaseamsarp 2
Developer: N/A
Construction: Completed (Jun 2004)
Units: 45
Project Area: N/A
Nearest Landmark Jungceylon - 1.1 Km
Location: Patong, Phuket
Baan Kaseamsarp 2 Project Details

Project Features

Communal Pool Communal Pool
24H Security 24H Security
Car Parking Car Parking

Available Units at Baan Kaseamsarp 2

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Frequently Asked Questions

All kind of pets are allowed at Baan Kaseamsarp 2 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Jungceylon is the nearest Shopping Mall from Baan Kaseamsarp 2 and it is 1.1 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 Kaseamsarp 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

Reviews

4.7 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Townhouses in a perfect location, A shady atmosphere with a unique lifestyle.
Norie Weber, Germany, 4 years ago
My husband and I were looking for a spacious townhouse near our workplace, and we finally found Kasemsap Housing 2. The project is located near Patong Beach, which is the perfect location. The house comes with a fully equipped kitchen and a spacious area around the house that suits family activities. In addition, the project has completed facilities such as a swimming pool, fitness center, parking, and CCTV throughout the project that is very impressive!!! But just a little downside is that the building looks a bit old as it was built for many years. Overall it is great! With a comfortable environment, it is worth the price, especially for the families.
Phuket
Patong

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Baan Kaseamsarp 2

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
Patong, Kathu, Phuket
Number of units
40
Sales Prices
$422.99K - $460.4K
Monthly Rentals
$1.73K
Year Built
Jun 2008
Completion Status
Completed
Project Name
Beverly Hills
Location
Patong, Kathu, Phuket
Number of units
N/A
Sales Prices
$431.62K
▼ -34% underpriced
Monthly Rentals
$863
Year Built
Dec 2001
Completion Status
Completed
Project Name
Melville House
Location
Patong, Kathu, Phuket
Number of units
N/A
Sales Prices
$141K
Monthly Rentals
$863 - $1.01K
Year Built
Dec 2007
Completion Status
Completed
Location
Patong, Kathu, Phuket
Number of units
N/A
Sales Prices
$345.3K
Monthly Rentals
N/A
Year Built
May 2002
Completion Status
Completed
Location
Patong, Kathu, Phuket
Number of units
8
Sales Prices
$454.34K - $574.06K
Monthly Rentals
N/A
Year Built
May 2005
Completion Status
Completed
Project Name
ART at Patong
Location
Patong, Kathu, Phuket
Number of units
173
Sales Prices
$100.71K - $187.04K
▲ 1.8% overpriced
Monthly Rentals
N/A
Year Built
Dec 2010
Completion Status
Completed
Project Name
Patong Bay Hill
Location
Patong, Kathu, Phuket
Number of units
449
Sales Prices
$119.42K - $195.67K
▲ 16% overpriced
Monthly Rentals
N/A
Year Built
Dec 2021
Completion Status
Completed
Project Name
The Art At Patong
Location
Patong, Kathu, Phuket
Number of units
172
Sales Prices
$74.81K - $201.14K
Monthly Rentals
$518 - $719
Year Built
Feb 2011
Completion Status
Completed
Location
Patong, Kathu, Phuket
Number of units
N/A
Sales Prices
$74.81K
Monthly Rentals
N/A
Year Built
Sep 2012
Completion Status
Completed
Location
Patong, Kathu, Phuket
Number of units
16
Sales Prices
$155.38K
▼ -39% underpriced
Monthly Rentals
$921
Year Built
Oct 2002
Completion Status
Completed
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