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    2 Bedroom Townhouse for sale at Lapatrada Village 5
    Bang Lamung, Pattaya, Chon Buri
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    Sale Price
    ฿1,520,000
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    2 Bedroom Townhouse for sale at Lapatrada Village 5

     (Write Review)
    Unit ID: U1951053
    4% Rental Yield
    Bang Lamung, Pattaya, Chon Buri
    ฿1,520,000
    2 Bedrooms
    2
    Bathrooms
    72 SqM
    Indoor Area
    1
    Storeys
    Aug 2019
    Completed
    10
    Sale Price
    ฿1,520,000

    About This Townhouse

    This property is a 72 SqM townhouse with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Bang Lamung, Pattaya and was completed in Aug 2019. You can buy this townhouse for a base price of ฿1,520,000 (฿21,111/SqM).

    Features

    TerraceTerrace

    Basic Information

    Date Listed Oct 17, 2024
    Updated 2 weeks ago
    Property Type Townhouse
    Storeys 1
    Location Bang Lamung, Pattaya
    Bedrooms 2
    Nearest Landmark Ka Ting Lai Beach -5 Km
    Indoor Area 72 SqM
    Price per SqM ฿21,111
    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 84 SqM
    Pets Not 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 Chanote
    Construction Completed (Aug 2019)
    Furniture
    Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
    Partly Furnished
    View(s) Unblocked Open 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 U1951053

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿1,520,000
    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.
    26
    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 Lapatrada Village 5 , and the current sales price.
    4%

    Project Details

    Project Name: Lapatrada Village 5
    Developer: N/A
    Construction: Completed (Oct 2019)
    Units: 115
    Project Area: N/A
    Nearest Landmark Ka Ting Lai Beach - 5 Km
    Location: Bang Lamung, Pattaya
    Lapatrada Village 5 Project Details

    Project Features

    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Communal Garden Area Communal Garden Area

    Available Units at Lapatrada Village 5

    For Sale 2 For Rent 1
    • All
    • 2 Beds
    Get notified when new homes are being added to Lapatrada Village 5
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    Frequently Asked Questions

    All kind of pets are allowed at Lapatrada Village 5 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    Ka Ting Lai Beach is the nearest Beach from Lapatrada Village 5 and it is 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 Lapatrada Village 5 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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    Pattaya
    Bang Lamung

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