Unit ID: U1704880
6% Rental Yield
Bang Kaeo, Bang Phli,Samut Prakan
฿3,390,000
2 Bedrooms
2
Bathrooms
88 SqM
Indoor Area
3
Storeys
Dec 2023
Completed

About This Townhouse

This property is a 88 SqM townhouse with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Bang Kaeo, Samut Prakan and was completed in Dec 2023. You can buy this townhouse for a base price of ฿3,390,000 (฿38,523/SqM).

Features

TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed Dec 15, 2023
Updated 10 months ago
Property Type Townhouse
Storeys 3
Location Bang Kaeo, Samut Prakan
Bedrooms 2
Nearest Landmark Bang Na BTS -6.6 Km
Indoor Area 88 SqM
Price per SqM ฿38,523
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 64 SqM
Pets Cats and Dogs (all sizes)
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.

Thai Ownership, Company
Land Title Deed N/A
Construction Completed (Dec 2023)
Furniture
Built-ins are any items that do not leave the property but remain a part of the permanent structure of a home. This includes any type of permanent appliances, cabinetry, furniture that’s built into the home, such as shelving or benches, and other attached items.
Built In
View(s) Garden View
Unit Type RYSE
Parking Spots 1
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.
฿3,520/mo
Listed By
Developer
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1704880

Investment Opportunity: Charges & Yield

Sale Price
฿3,390,000
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.
฿3,520/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 based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 2 bedroom townhouses at Altitude Kraf Bangna, and the current sales price.
6%

Project Details

Project Name: Altitude Kraf Bangna
Construction: Completed (Dec 2023)
Units: 402
Project Area: 63,175 SqM
Nearest Landmark Bang Na BTS - 6.6 Km
Location: Bang Kaeo, Samut Prakan
Altitude Kraf Bangna Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Walking / Running Track Walking / Running Track
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Outdoor Kids Zone Outdoor Kids Zone
Communal Garden Area Communal Garden Area

Popular Facilities at Altitude Kraf Bangna

  • Communal Pool
    1st Floor
  • Communal Gym
    1st Floor
  • Clubhouse
    1st Floor
  • Indoor Kids Zone
    1st Floor
  • Co-Working Space / Meeting Room
    1st Floor
  • Outdoor Kids Zone
    1st Floor
  • Communal Garden Area
    1st Floor

Available Units at Altitude Kraf Bangna

For Sale 7 For Rent 6
Get notified when new homes are being added to Altitude Kraf Bangna
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Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
30%
2nd Installment
On handover
70%

Frequently Asked Questions

Dogs, cats and small pets like rabbits, hamsters and guinea pigs are allowed at Altitude Kraf Bangna.
The common area maintenance fee is ฿55 per square meter based on the plot size of the property and is ฿3,520 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.
Bang Na BTS is the nearest BTS Station from Altitude Kraf Bangna and it is 6.6 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 Altitude Kraf Bangna 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
฿100,000
1st Installment
Upon contract signing
30%
2nd Installment
On handover
70%


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
Bang Kaeo

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Altitude Kraf Bangna

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Number of units
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Year Built
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Location
Number of units
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Location
Bang Kaeo, Bang Phli, Samut Prakan
Number of units
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฿12.7M - ฿13.5M
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Year Built
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Number of units
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Location
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Number of units
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Location
Bang Kaeo, Bang Phli, Samut Prakan
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Project Name
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Number of units
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Completion Status
Completed
Location
Bang Kaeo, Bang Phli, Samut Prakan
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