Unit ID: U1401850
6% Rental Yield
Racha Thewa, Bang Phli,Samut Prakan
$110,000
4 Bedrooms
3
Bathrooms
1,399 Sqft
Indoor Area
2
Storeys
May 2019
Completed

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 Racha Thewa, Samut Prakan and was completed in May 2019. You can buy this townhouse for a base price of $110,000 ($79/Sqft) and it is also available for long term rentals starting from $580 per month.

Features

Covered ParkingCovered Parking Wifi IncludedWifi Included Full Western KitchenFull Western Kitchen MicrowaveMicrowave TVTV Access to BTS/MRTAccess to BTS/MRT

Basic Information

Date Listed May 24, 2023
Updated 1 year ago
Property Type Townhouse
Storeys 2
Location Racha Thewa, Samut Prakan
Bedrooms 4
Nearest Landmark Suvarnabhumi Airport
Indoor Area 1,399 Sqft
Price per Sqft $79
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
172 Sqft
Plot Size 904 Sqft
Pets N/A
Townhouse Ownership

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

Thai Ownership, Company
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.

Company
Land Title Deed Chanote
Construction Completed (May 2019)
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) 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.
N/A
Listed By
Each listing provided by partnered agents is individually verified by AsiaVillas. Partner Agents work for different brokerages or property management companies but have teamed up with AsiaVillas so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1401850

Investment Opportunity: Charges & Yield

Sale Price
$110,000
Rent
$580/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.
16
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.
6%

Project Details

Developer: N/A
Construction: Completed (May 2019)
Units: 2
Project Area: N/A
Nearest Landmark Suvarnabhumi Airport
Location: Racha Thewa, Samut Prakan
Golden Town 2 Bangna-Suanluang Project Details

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Frequently Asked Questions

Suvarnabhumi Airport is the nearest Airport from Golden Town 2 Bangna-Suanluang and it is 0 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 2 Bangna-Suanluang 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
Racha Thewa

Neighborhood Overview

Location and Neighborhood

Street View

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