Unit ID: U1853602
6% Rental Yield
Phanthai Norasing, Mueang Samut Sakhon,Samut Sakhon
$69,400
4 Bedrooms
2
Bathrooms
1,266 Sqft
Indoor Area
2
Storeys
May 2018
Completed

About This Townhouse

This property is a 1,266 Sqft townhouse with 4 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Phanthai Norasing, Samut Sakhon and was completed in May 2018. You can buy this townhouse for a base price of $69,400 ($55/Sqft) and it is also available for long term rentals starting from $347 per month.

Features

Pool AccessPool Access Covered ParkingCovered Parking

Basic Information

Date Listed May 29, 2024
Updated 6 months ago
Property Type Townhouse
Storeys 2
Location Phanthai Norasing, Samut Sakhon
Bedrooms 4
Nearest Landmark Wat Bang Bon -7.2 Km
Indoor Area 1,266 Sqft
Price per Sqft $55
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
215 Sqft
Plot Size 1,266 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 (May 2018)
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) N/A
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.
$7/mo
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 U1853602

Investment Opportunity: Charges & Yield

Sale Price
$69,400
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.
$7/mo
Rent
$347/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.
17
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

Project Name: I Leaf Town Rama 2 Km.18
Construction: Completed (Jan 2015)
Units: 450
Project Area: N/A
Nearest Landmark Wat Bang Bon - 7.2 Km
Location: Phanthai Norasing, Samut Sakhon
I Leaf Town Rama 2 Km.18 Project Details

Project Features

Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Basketball Court Basketball Court
Communal Garden Area Communal Garden Area

Available Units at I Leaf Town Rama 2 Km.18

For Sale 1 For Rent 2
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Frequently Asked Questions

Wat Bang Bon is the nearest Temple from I Leaf Town Rama 2 Km.18 and it is 7.2 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 I Leaf Town Rama 2 Km.18 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 Sakhon
Phanthai Norasing

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby I Leaf Town Rama 2 Km.18

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
Phanthai Norasing, Mueang Samut Sakhon, Samut Sakhon
Number of units
110
Sales Prices
$271.43K
Monthly Rentals
N/A
Year Built
Jan 2019
Completion Status
Completed
Project Name
Pruksa Village 6
Location
Phanthai Norasing, Mueang Samut Sakhon, Samut Sakhon
Number of units
715
Sales Prices
$115.34K
Monthly Rentals
N/A
Year Built
Jan 2007
Completion Status
Completed
Location
Phanthai Norasing, Mueang Samut Sakhon, Samut Sakhon
Number of units
348
Sales Prices
$115.63K
Monthly Rentals
$867
Year Built
Aug 2003
Completion Status
Completed
Location
Phanthai Norasing, Mueang Samut Sakhon, Samut Sakhon
Number of units
1584
Sales Prices
$50.59K - $63.59K
Monthly Rentals
N/A
Year Built
Jan 2012
Completion Status
Completed
Location
Phanthai Norasing, Mueang Samut Sakhon, Samut Sakhon
Number of units
384
Sales Prices
$83.83K - $97.99K
Monthly Rentals
N/A
Year Built
Feb 2017
Completion Status
Completed
Location
Phanthai Norasing, Mueang Samut Sakhon, Samut Sakhon
Number of units
179
Sales Prices
$92.21K
Monthly Rentals
N/A
Year Built
Dec 2018
Completion Status
Completed
Location
Phanthai Norasing, Mueang Samut Sakhon, Samut Sakhon
Number of units
340
Sales Prices
$54.06K
▼ -29% underpriced
Monthly Rentals
N/A
Year Built
Nov 2010
Completion Status
Completed
Location
Phanthai Norasing, Mueang Samut Sakhon, Samut Sakhon
Number of units
303
Sales Prices
$76.6K - $92.21K
Monthly Rentals
$246
Year Built
Feb 2011
Completion Status
Completed
Location
Phanthai Norasing, Mueang Samut Sakhon, Samut Sakhon
Number of units
381
Sales Prices
$66.2K - $101.17K
Monthly Rentals
N/A
Year Built
Dec 2017
Completion Status
Completed
Location
Phanthai Norasing, Mueang Samut Sakhon, Samut Sakhon
Number of units
748
Sales Prices
$51.74K - $63.59K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
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