Unit ID: U1391720
9% Rental Yield
Prawet, Prawet,Bangkok
฿2,800,000
3 Bedrooms
2
Bathrooms
96 SqM
Indoor Area
2
Storeys
Jan 2013
Completed

About This Townhouse

This property is a 96 SqM townhouse with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Prawet, Bangkok and was completed in Jan 2013. You can buy this townhouse for a base price of ฿2,800,000 (฿29,167/SqM).

Features

TerraceTerrace Covered ParkingCovered Parking Corner UnitCorner Unit BalconyBalcony

Basic Information

Date Listed Apr 3, 2023
Updated 1 year ago
Property Type Townhouse
Storeys 2
Location Prawet, Bangkok
Bedrooms 3
Nearest Landmark Ban Thap Chang ARL -0.8 Km
Indoor Area 96 SqM
Price per SqM ฿29,167
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 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 (Jan 2013)
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) City View
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
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1391720

Investment Opportunity: Charges & Yield

Sale Price
฿2,800,000
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.
11
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 The Connect Onnut 2, and the current sales price.
9%

Project Details

Project Name: The Connect Onnut 2
Developer: Pruksa Real Estate
Construction: Completed (Jan 2013)
Units: 258
Project Area: N/A
Nearest Landmark Ban Thap Chang ARL - 0.8 Km
Location: Prawet, Bangkok
The Connect Onnut 2 Project Details

Project Features

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

Available Units at The Connect Onnut 2

For Sale 4 For Rent 1
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Frequently Asked Questions

All kind of pets are allowed at The Connect Onnut 2 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Ban Thap Chang ARL is the nearest Airport Rail Link Station from The Connect Onnut 2 and it is 0.8 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 Connect Onnut 2 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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Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Connect Onnut 2

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
Prawet, Prawet, Bangkok
Number of units
499
Sales Prices
฿7.25M
Monthly Rentals
฿15K - ฿22K
Year Built
May 2009
Completion Status
Completed
Location
Prawet, Prawet, Bangkok
Number of units
358
Sales Prices
฿2.2M
Monthly Rentals
N/A
Year Built
Mar 2011
Completion Status
Completed
Location
Prawet, Prawet, Bangkok
Number of units
425
Sales Prices
฿22M
▼ -9% underpriced
Monthly Rentals
฿80K
Year Built
Aug 2012
Completion Status
Completed
Location
Prawet, Prawet, Bangkok
Number of units
168
Sales Prices
฿11.9M - ฿22M
▼ -23% underpriced
Monthly Rentals
฿60K
Year Built
Dec 2012
Completion Status
Completed
Location
Prawet, Prawet, Bangkok
Number of units
217
Sales Prices
฿6.5M - ฿7.85M
Monthly Rentals
฿27K
Year Built
Jan 2017
Completion Status
Completed
Location
Prawet, Prawet, Bangkok
Number of units
498
Sales Prices
฿1.29M - ฿1.85M
▼ -12% underpriced
Monthly Rentals
฿7K - ฿9.5K
Year Built
Mar 2016
Completion Status
Completed
Location
Prawet, Prawet, Bangkok
Number of units
216
Sales Prices
฿3.09M - ฿4.99M
Monthly Rentals
฿25K
Year Built
May 2017
Completion Status
Completed
Location
Prawet, Prawet, Bangkok
Number of units
200
Sales Prices
฿14M
Monthly Rentals
N/A
Year Built
Apr 2016
Completion Status
Completed
Location
Saphan Sung, Prawet, Bangkok
Number of units
200
Sales Prices
฿11.5M - ฿45M
▼ -0.5% underpriced
Monthly Rentals
฿100K
Year Built
Jan 2014
Completion Status
Completed
Project Name
Pradya Biz Home
Location
Prawet, Prawet, Bangkok
Number of units
180
Sales Prices
฿5.6M
Monthly Rentals
N/A
Year Built
Jun 2019
Completion Status
Completed
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