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    4 Bedroom Townhouse for sale at Areeya The Color 2
    Chorakhe Bua, Lat Phrao,Bangkok
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    Sale Price
    $131,000
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    4 Bedroom Townhouse for sale at Areeya The Color 2
    (1 Review)
    Unit ID: U1657896
    7% Rental Yield
    Chorakhe Bua, Lat Phrao,Bangkok
    $131,000
    4 Bedrooms
    2
    Bathrooms
    2,153 Sqft
    Indoor Area
    2
    Storeys
    Jan 2023
    Completed
    12
    Sale Price
    $131,000

    About This Townhouse

    This property is a 2,153 Sqft townhouse with 4 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Chorakhe Bua, Bangkok and was completed in Jan 2023. You can buy this townhouse for a base price of $131,000 ($61/Sqft) and it is also available for long term rentals starting from $725 per month.

    House for rent Areeya Village LatPlaKhao Kasetsart Universit

    New house for rent, behind the corner of Lat Pla Khao, Kasetsart University, Nawamin, Ramintra - 2-storey townhouse, usable area 150 sq m. - new furniture - 4 bedrooms, 2 bathrooms - Add a new kitchen behind the house - 5 air conditioners - The area beside the house decorated with a waterfall travel location - Located on Lat Pla Khao Road - Driving into Baan Areeya project, notice on the right hand side that you will reach Areeya The Color Village is on the right hand side. - Near Seven and the clubhouse, only 70 meters - In front of the entrance to the village, there will be seven and shops. - Near the fresh market, 2 sources of food in the evening, easy to find things to eat, there is a bus passing in front of the village - near the green and pink lines - Near The Jazz, Big C, Lotus, Central.

    Features

    Private GardenPrivate Garden TerraceTerrace DuplexDuplex BalconyBalcony Wifi IncludedWifi Included Cable TVCable TV

    Basic Information

    Date Listed Aug 29, 2023
    Updated 6 months ago
    Property Type Townhouse
    Storeys 2
    Location Chorakhe Bua, Bangkok
    Bedrooms 4
    Nearest Landmark Kasetsart University BTS -3.6 Km
    Indoor Area 2,153 Sqft
    Price per Sqft $61
    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 1,206 Sqft
    Pets Cats and Dogs (small only)
    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 (Jan 2023)
    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) Garden 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.
    $29/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1657896

    Investment Opportunity: Charges & Yield

    Sale Price
    $131,000
    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.
    $29/mo
    Rent
    $725/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. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
    7%

    Project Details

    Project Name: Areeya The Color 2
    Developer: Areeya Property
    Construction: Completed (Nov 2018)
    Units: 200
    Project Area: N/A
    Nearest Landmark Kasetsart University BTS - 3.6 Km
    Location: Chorakhe Bua, Bangkok
    Areeya The Color 2 Project Details

    Project Features

    Communal Pool Communal Pool
    Communal Gym Communal Gym
    Communal Garden Area Communal Garden Area

    Available Units at Areeya The Color 2

    For Sale 1 For Rent 1
    • All
    • 4 Beds
    Get notified when new homes are being added to Areeya The Color 2
    View All (1)

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    Frequently Asked Questions

    All kind of pets are allowed at Areeya The Color 2 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    Kasetsart University BTS is the nearest BTS Station from Areeya The Color 2 and it is 3.6 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 The Color 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

    5 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Great townhome, worth the price
    Laura Rogers, United States, 7 years ago
    The project is located within reach of diverse choices of eateries, convenience stores, and shopping malls. It's also convenient to travel anywhere because it can switch between different routes. However, there is no sky train service on this line, so it is rather suitable for people who have their own cars. The house's exterior is attractive, and the interior is large. The room's layout is well-proportioned. Most importantly, there are numerous amenities available as well.
    Bangkok
    Chorakhe Bua

    Neighborhood Overview

    Location and Neighborhood

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