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    3 Bedroom Townhouse for sale at The Preston Townhome Rama9-Krungthepkreetha
    Hua Mak, Bang Kapi,Bangkok
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    Sale Price
    $203,000
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    3 Bedroom Townhouse for sale at The Preston Townhome Rama9-Krungthepkreetha
     (Write Review)
    Unit ID: U1367388
    9% Rental Yield
    Hua Mak, Bang Kapi,Bangkok
    $203,000
    3 Bedrooms
    3
    Bathrooms
    1,884 Sqft
    Indoor Area
    3
    Storeys
    Dec 2016
    Completed
    11
    Sale Price
    $203,000

    About This Townhouse

    This property is a 1,884 Sqft townhouse with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Hua Mak, Bangkok and was completed in Dec 2016. You can buy this townhouse for a base price of $203,000 ($108/Sqft).

    Features

    TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

    Basic Information

    Date Listed Jan 12, 2023
    Updated 1 year ago
    Property Type Townhouse
    Storeys 3
    Location Hua Mak, Bangkok
    Bedrooms 3
    Nearest Landmark Hua Mak ARL -2.1 Km
    Indoor Area 1,884 Sqft
    Price per Sqft $108
    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 861 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.

    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 (Dec 2016)
    Furniture
    Unfurnished
    View(s) City 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.
    $3/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1367388

    Investment Opportunity: Charges & Yield

    Sale Price
    $203,000
    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.
    $3/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 Preston Townhome Rama9-Krungthepkreetha, and the current sales price.
    9%

    Project Details

    Project Name: The Preston Townhome Rama9-Krungthepkreetha
    Developer: N/A
    Construction: Completed (Dec 2016)
    Units: 58
    Project Area: N/A
    Nearest Landmark Hua Mak ARL - 2.1 Km
    Location: Hua Mak, Bangkok
    The Preston Townhome Rama9-Krungthepkreetha Project Details

    Project Features

    Communal Gym Communal Gym
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Communal Garden Area Communal Garden Area
    Key card access Key card access

    Available Units at The Preston Townhome Rama9-Krungthepkreetha

    For Sale 11 For Rent 1
    • All
    • 3 Beds
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    Frequently Asked Questions

    All kind of pets are allowed at The Preston Townhome Rama9-Krungthepkreetha including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    Hua Mak ARL is the nearest Airport Rail Link Station from The Preston Townhome Rama9-Krungthepkreetha and it is 2.1 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 The Preston Townhome Rama9-Krungthepkreetha 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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