Unit ID: U1948222
9% Rental Yield
Prawet, Prawet,Bangkok
$65,000
3 Bedrooms
2
Bathrooms
861 Sqft
Indoor Area
2
Storeys
Mar 2010
Completed

About This Townhouse

This property is a 861 Sqft townhouse with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Prawet, Bangkok and was completed in Mar 2010. You can buy this townhouse for a base price of $65,000 ($76/Sqft).

Features

Covered ParkingCovered Parking Access to BTS/MRTAccess to BTS/MRT

Basic Information

Date Listed Oct 11, 2024
Updated 3 weeks ago
Property Type Townhouse
Storeys 2
Location Prawet, Bangkok
Bedrooms 3
Nearest Landmark Ban Thap Chang ARL -0.8 Km
Indoor Area 861 Sqft
Price per Sqft $76
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 921 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 N/A
Construction Completed (Mar 2010)
Furniture
Specific items of furniture can be requested in the sale, or buyers can offer to purchase some or all of it. When negotiating a deal, either party can suggest that such items be included in the sale price.
Negotiable
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.
$9/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1948222

Investment Opportunity: Charges & Yield

Sale Price
$65,000
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.
$9/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.
11
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 The Connect Onnut 2, and the current sales price.
9%

Project Details

Project Name: The Connect Onnut 2
Developer: Pruksa Real Estate
Construction: Completed (Jan 2013)
Units: 258
Project Area: N/A
Nearest Landmark Ban Thap Chang ARL - 0.8 Km
Location: Prawet, Bangkok
The Connect Onnut 2 Project Details

Project Features

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

Available Units at The Connect Onnut 2

For Sale 4 For Rent 1
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Frequently Asked Questions

All kind of pets are allowed at The Connect Onnut 2 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Ban Thap Chang ARL is the nearest Airport Rail Link Station from The Connect Onnut 2 and it is 0.8 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 The Connect Onnut 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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Bangkok
Prawet

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Connect Onnut 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
Prawet, Prawet, Bangkok
Number of units
499
Sales Prices
$214.33K
Monthly Rentals
$443 - $650
Year Built
May 2009
Completion Status
Completed
Location
Prawet, Prawet, Bangkok
Number of units
358
Sales Prices
$65.04K
Monthly Rentals
N/A
Year Built
Mar 2011
Completion Status
Completed
Location
Prawet, Prawet, Bangkok
Number of units
425
Sales Prices
$650.37K
▼ -9% underpriced
Monthly Rentals
$2.36K
Year Built
Aug 2012
Completion Status
Completed
Location
Prawet, Prawet, Bangkok
Number of units
168
Sales Prices
$351.79K - $650.37K
▼ -23% underpriced
Monthly Rentals
$1.77K
Year Built
Dec 2012
Completion Status
Completed
Location
Prawet, Prawet, Bangkok
Number of units
217
Sales Prices
$192.15K - $232.06K
Monthly Rentals
$798
Year Built
Jan 2017
Completion Status
Completed
Location
Prawet, Prawet, Bangkok
Number of units
498
Sales Prices
$38.14K - $100.22K
▼ -12% underpriced
Monthly Rentals
$207 - $562
Year Built
Mar 2016
Completion Status
Completed
Location
Prawet, Prawet, Bangkok
Number of units
216
Sales Prices
$91.35K - $147.51K
Monthly Rentals
$739
Year Built
May 2017
Completion Status
Completed
Location
Saphan Sung, Prawet, Bangkok
Number of units
200
Sales Prices
$339.96K - $1.33M
▼ -0.5% underpriced
Monthly Rentals
$2.96K
Year Built
Jan 2014
Completion Status
Completed
Project Name
Pradya Biz Home
Location
Prawet, Prawet, Bangkok
Number of units
180
Sales Prices
$165.55K
Monthly Rentals
N/A
Year Built
Jun 2019
Completion Status
Completed
Location
Saphan Sung, Prawet, Bangkok
Number of units
156
Sales Prices
$243.59K - $532.12K
Monthly Rentals
$1.92K - $2.07K
Year Built
Jan 2017
Completion Status
Completed
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