Unit ID: U1654998
7% Rental Yield
Chorakhe Bua, Lat Phrao,Bangkok
฿4,090,000
3 Bedrooms
3
Bathrooms
220 SqM
Indoor Area
3
Storeys
Completed

About This Townhouse

This property is a 220 SqM townhouse with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Chorakhe Bua, Bangkok. You can buy this townhouse for a base price of ฿4,090,000 (฿18,591/SqM).

Features

TerraceTerrace Corner UnitCorner Unit Maids QuartersMaids Quarters BalconyBalcony Renovated KitchenRenovated Kitchen (2023)

Basic Information

Date Listed Nov 7, 2024
Updated 2 weeks ago
Property Type Townhouse
Storeys 3
Location Chorakhe Bua, Bangkok
Bedrooms 3
Nearest Landmark 11th Infantry Regiment BTS -2.7 Km
Indoor Area 220 SqM
Price per SqM ฿18,591
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
12 SqM
Plot Size 100 SqM
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 Chanote
Construction Completed
Furniture
Unfurnished
View(s) Unblocked Open View
Unit Type N/A
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.
฿1,100/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1654998

Investment Opportunity: Charges & Yield

Sale Price
฿4,090,000
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.
฿1,100/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.
15
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 3 bedroom townhouses at Areeya Mova, and the current sales price.
7%

Project Details

Project Name: Areeya Mova
Developer: Areeya Property
Construction: Completed (Aug 2006)
Units: 410
Project Area: 43,520 SqM
Nearest Landmark 11th Infantry Regiment BTS - 2.7 Km
Location: Chorakhe Bua, Bangkok
Areeya Mova Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
Car Parking Car Parking
Kids Pool Kids Pool
Library / Reading Room Library / Reading Room
Attached Market / Shops Attached Market / Shops
Key card access Key card access

Available Units at Areeya Mova

For Sale 3 For Rent 2
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Frequently Asked Questions

All kind of pets are allowed at Areeya Mova including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
11th Infantry Regiment BTS is the nearest BTS Station from Areeya Mova and it is 2.7 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 Areeya Mova 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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Chorakhe Bua

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Areeya Mova

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
Anusawari, Lat Phrao, Bangkok
Number of units
444
Sales Prices
฿2.07M - ฿3.3M
▼ -10.8% underpriced
Monthly Rentals
฿7.5K - ฿8.5K
Year Built
Dec 2017
Completion Status
Completed
Location
Chorakhe Bua, Lat Phrao, Bangkok
Number of units
200
Sales Prices
฿4.5M
▼ -32% underpriced
Monthly Rentals
฿25K
Year Built
Nov 2018
Completion Status
Completed
Location
Anusawari, Lat Phrao, Bangkok
Number of units
8
Sales Prices
฿16.9M - ฿22.9M
Monthly Rentals
N/A
Year Built
Jan 2019
Completion Status
Completed
Location
Anusawari, Lat Phrao, Bangkok
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Completion Status
Completed
Location
Anusawari, Lat Phrao, Bangkok
Number of units
117
Sales Prices
฿11.9M - ฿22.1M
▼ -4.6% underpriced
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N/A
Year Built
Dec 2020
Completion Status
Completed
Location
Chorakhe Bua, Lat Phrao, Bangkok
Number of units
286
Sales Prices
฿6.5M
Monthly Rentals
฿25K
Year Built
Jan 2014
Completion Status
Completed
Location
Chorakhe Bua, Lat Phrao, Bangkok
Number of units
121
Sales Prices
฿27.9M
Monthly Rentals
N/A
Year Built
Sep 2007
Completion Status
Completed
Location
Chorakhe Bua, Lat Phrao, Bangkok
Number of units
200
Sales Prices
฿3.9M
Monthly Rentals
N/A
Year Built
Jun 2006
Completion Status
Completed
Project Name
Na Veera Ramintra
Location
Anusawari, Lat Phrao, Bangkok
Number of units
218
Sales Prices
฿1.99M - ฿3.94M
Monthly Rentals
N/A
Year Built
Jun 2025
Completion Status
Off Plan
Location
Chorakhe Bua, Lat Phrao, Bangkok
Number of units
N/A
Sales Prices
฿4.5M - ฿4.89M
Monthly Rentals
฿24K - ฿25K
Year Built
Jun 2017
Completion Status
Completed
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