Unit ID: U1981313
6% Rental Yield
Chong Nonsi, Yan Nawa,Bangkok
$2,500,000
5 Bedrooms
4
Bathrooms
6,222 Sqft
Indoor Area
3
Storeys
Completed

About This Townhouse

This property is a 6,222 Sqft townhouse with 5 bedrooms and 4 bathrooms that is available for sale. It is part of the project in Chong Nonsi, Bangkok. You can buy this townhouse for a base price of $2,500,000 ($402/Sqft) and it is also available for long term rentals starting from $13,200 per month.

Basic Information

Date Listed Dec 11, 2024
Updated 15 hours ago
Property Type Townhouse
Storeys 3
Location Chong Nonsi, Bangkok
Bedrooms 5
Nearest Landmark Khlong Toei MRT -4.6 Km
Indoor Area 6,222 Sqft
Price per Sqft $402
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 N/A
Pets Not Allowed
Townhouse Ownership

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

N/A
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.

N/A
Land Title Deed N/A
Construction Completed
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 N/A
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 U1981313

Investment Opportunity: Charges & Yield

Sale Price
$2,500,000
Rent
$13,200/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

Project Name: The Welton Rama 3
Construction: Completed (Jun 2021)
Units: 53
Project Area: 174,957 Sqft
Nearest Landmark Khlong Toei MRT - 4.6 Km
Location: Chong Nonsi, Bangkok
The Welton Rama 3 Project Details

Project Features

Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Kids Pool Kids Pool
Communal Garden Area Communal Garden Area

Popular Facilities at The Welton Rama 3

  • Clubhouse
    Ground Floor
  • Communal Garden Area
    Ground Floor

Available Units at The Welton Rama 3

For Sale 2 For Rent 3
Get notified when new homes are being added to The Welton Rama 3
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Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
$5,880
2nd Installment
Upon contract signing
$29,400
3rd Installment
Down Payment
25%
4th Installment
On handover
75%

Frequently Asked Questions

Dogs, cats and small pets like rabbits, hamsters and guinea pigs are allowed at The Welton Rama 3.
The common area maintenance fee is £1 per square meter based on the plot size of the property and is 0 for this townhouse. This fee has to be paid by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
Khlong Toei MRT is the nearest MRT Station from The Welton Rama 3 and it is 4.6 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 The Welton Rama 3 you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer
Installment Milestone Payment
Reservation Deposit
Immediately
$5,880
2nd Installment
Upon contract signing
$29,400
3rd Installment
Down Payment
25%
4th Installment
On handover
75%


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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Neighborhood Overview

Location and Neighborhood

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