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    4 Bedroom Townhouse for sale at Golden Town 1 Srinakarin-Sukhumvit
    Phraeksa, Mueang Samut Prakan,Samut Prakan
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    Sale Price
    $112,000
    Request Details

    4 Bedroom Townhouse for sale at Golden Town 1 Srinakarin-Sukhumvit
     (Write Review)
    Unit ID: U1077432
    5% Rental Yield
    Phraeksa, Mueang Samut Prakan,Samut Prakan
    $112,000
    4 Bedrooms
    3
    Bathrooms
    1,399 Sqft
    Indoor Area
    2
    Storeys
    Oct 2017
    Completed
    5
    Sale Price
    $112,000

    About This Townhouse

    This property is a 1,399 Sqft townhouse with 4 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Phraeksa, Samut Prakan and was completed in Oct 2017. You can buy this townhouse for a base price of $112,000 ($80/Sqft) and it is also available for long term rentals starting from $443 per month.

    Features

    Garden AccessGarden Access Covered ParkingCovered Parking Corner UnitCorner Unit BalconyBalcony Renovated KitchenRenovated Kitchen

    Basic Information

    Date Listed Mar 30, 2022
    Updated 2 years ago
    Property Type Townhouse
    Storeys 2
    Location Phraeksa, Samut Prakan
    Bedrooms 4
    Nearest Landmark Srinagarindra BTS -3.1 Km
    Indoor Area 1,399 Sqft
    Price per Sqft $80
    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 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 Nor Sor 3
    Construction Completed (Oct 2017)
    Furniture
    Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
    Partly Furnished
    View(s) Garden 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.
    $355/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1077432

    Investment Opportunity: Charges & Yield

    Sale Price
    $112,000
    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.
    $355/mo
    Rent
    $443/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.
    21
    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.
    5%

    Project Details

    Project Name: Golden Town 1 Srinakarin-Sukhumvit
    Developer: N/A
    Construction: Completed (Dec 2017)
    Units: 405
    Project Area: 634,554 Sqft
    Nearest Landmark Srinagarindra BTS - 3.1 Km
    Location: Phraeksa, Samut Prakan
    Golden Town 1 Srinakarin-Sukhumvit Project Details

    Project Features

    Communal Pool Communal Pool
    24H Security 24H Security
    Indoor Kids Zone Indoor Kids Zone
    Car Parking Car Parking

    Available Units at Golden Town 1 Srinakarin-Sukhumvit

    For Sale 1 For Rent 1
    • All
    • 4 Beds
    Get notified when new homes are being added to Golden Town 1 Srinakarin-Sukhumvit
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    Frequently Asked Questions

    All kind of pets are allowed at Golden Town 1 Srinakarin-Sukhumvit including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    Srinagarindra BTS is the nearest BTS Station from Golden Town 1 Srinakarin-Sukhumvit and it is 3.1 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 Golden Town 1 Srinakarin-Sukhumvit 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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    Samut Prakan
    Phraeksa

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