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    3 Bedroom Townhouse for sale at Home Place Sukhumvit 71
    Phra Khanong Nuea, Watthana,Bangkok
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    Sale Price
    ฿18,000,000
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    3 Bedroom Townhouse for sale at Home Place Sukhumvit 71
     (Write Review)
    Unit ID: U1112748
    5% Rental Yield
    Phra Khanong Nuea, Watthana,Bangkok
    ฿18,000,000
    3 Bedrooms
    3.5
    Bathrooms
    340 SqM
    Indoor Area
    4
    Storeys
    Dec 2002
    Completed
    20
    Sale Price
    ฿18,000,000

    About This Townhouse

    This property is a 340 SqM townhouse with 3 bedrooms and 3.5 bathrooms that is available for sale. It is part of the project in Phra Khanong Nuea, Bangkok and was completed in Dec 2002. You can buy this townhouse for a base price of ฿18,000,000 (฿52,941/SqM) and it is also available for long term rentals starting from ฿75,000 per month.

    Features

    TerraceTerrace Covered ParkingCovered Parking BalconyBalcony BathtubBathtub

    Basic Information

    Date Listed Jun 28, 2022
    Updated 8 months ago
    Property Type Townhouse
    Storeys 4
    Location Phra Khanong Nuea, Bangkok
    Bedrooms 3
    Nearest Landmark Phra Khanong BTS -1 Km
    Indoor Area 340 SqM
    Price per SqM ฿52,941
    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 96 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
    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 (Dec 2002)
    Furniture
    Unfurnished
    View(s) City 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 U1112748

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿18,000,000
    Rent
    ฿75,000/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.
    20
    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.
    5%

    Project Details

    Project Name: Home Place Sukhumvit 71
    Developer: N/A
    Construction: Completed (Dec 2002)
    Units: 90
    Project Area: N/A
    Nearest Landmark Phra Khanong BTS - 1 Km
    Location: Phra Khanong Nuea, Bangkok
    Home Place Sukhumvit 71 Project Details

    Project Features

    Communal Pool Communal Pool
    Communal Gym Communal Gym
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Indoor Kids Zone Indoor Kids Zone
    Car Parking Car Parking

    Available Units at Home Place Sukhumvit 71

    For Sale 1 For Rent 1
    • All
    • 3 Beds
    Get notified when new homes are being added to Home Place Sukhumvit 71
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    Frequently Asked Questions

    Small dogs (weight under 15 kg), cats and small pets like rabbits, hamsters and guinea pigs are allowed at Home Place Sukhumvit 71.
    Phra Khanong BTS is the nearest BTS Station from Home Place Sukhumvit 71 and it is 1 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 Home Place Sukhumvit 71 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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    Bangkok
    Phra Khanong Nuea

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