Unit ID: U1408852
5% Rental Yield
Racha Thewa, Bang Phli,Samut Prakan
฿2,200,000
3 Bedrooms
2
Bathrooms
120 SqM
Indoor Area
2
Storeys
Completed

About This Townhouse

This property is a 120 SqM townhouse with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the The Connect 1 Kingkaew-Suvarnabhumi project in Racha Thewa, Samut Prakan. You can buy this townhouse for a base price of ฿2,200,000 (฿18,333/SqM) and it is also available for long term rentals starting from ฿9,500 per month.

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Full Western KitchenFull Western Kitchen

Basic Information

Date Listed May 15, 2023
Updated 10 months ago
Property Type Townhouse
Storeys 2
Location Racha Thewa, Samut Prakan
Bedrooms 3
Nearest Landmark Lat Krabang ARL -3 Km
Indoor Area 120 SqM
Price per SqM ฿18,333
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 N/A
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.

N/A
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
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) Garden View, Unblocked Open 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
Each listing provided by partnered agents is individually verified by SamuiTimes. Partner Agents work for different brokerages or property management companies but have teamed up with SamuiTimes so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1408852

Investment Opportunity: Charges & Yield

Sale Price
฿2,200,000
Rent
฿9,500/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.
19
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

Developer: N/A
Construction: Completed (Dec 2009)
Units: 309
Project Area: N/A
Nearest Landmark Lat Krabang ARL - 3 Km
Location: Racha Thewa, Samut Prakan
The Connect 1 Kingkaew-Suvarnabhumi Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at The Connect 1 Kingkaew-Suvarnabhumi

For Sale 1 For Rent 1
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Frequently Asked Questions

All kind of pets are allowed at The Connect 1 Kingkaew-Suvarnabhumi including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Lat Krabang ARL is the nearest Airport Rail Link Station from The Connect 1 Kingkaew-Suvarnabhumi and it is 3 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 1 Kingkaew-Suvarnabhumi 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

Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Samut Prakan
Racha Thewa

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Connect 1 Kingkaew-Suvarnabhumi

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