Unit ID: U1892384
Khok Kruat, Mueang Nakhon Ratchasima,Nakhon Ratchasima
$165,000
5 Bedrooms
3
Bathrooms
1,862 Sqft
Indoor Area
2
Storeys
Jan 2019
Completed

About This House

This property is a 1,862 Sqft house with 5 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Khok Kruat, Nakhon Ratchasima and was completed in Jan 2019. You can buy this house for a base price of $165,000 ($89/Sqft).

Features

Private GardenPrivate Garden TerraceTerrace DuplexDuplex BalconyBalcony

Basic Information

Date Listed Jul 12, 2024
Updated 5 months ago
Property Type House (Single Detached)
Storeys 2
Location Khok Kruat, Nakhon Ratchasima
Bedrooms 5
Nearest Landmark The Mall Nakhon Ratchasima -9.5 Km
Indoor Area 1,862 Sqft
Price per Sqft $89
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 2,799 Sqft
Pets All Kind of Pets Allowed
House Ownership

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

Foreign Ownership, 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 (Jan 2019)
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 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
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1892384

Investment Opportunity: Charges & Yield

Sale Price
$165,000

Project Details

Project Name: Sivalee Mittraphap Road
Developer: N/A
Construction: Completed (Jan 2019)
Units: 379
Project Area: N/A
Nearest Landmark The Mall Nakhon Ratchasima - 9.5 Km
Location: Khok Kruat, Nakhon Ratchasima
Sivalee Mittraphap Road Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone

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Frequently Asked Questions

The Mall Nakhon Ratchasima is the nearest Shopping Mall from Sivalee Mittraphap Road and it is 9.5 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 Sivalee Mittraphap Road 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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Nakhon Ratchasima
Khok Kruat

Neighborhood Overview

Location and Neighborhood

Street View

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