Unit ID: U1099816
8% Rental Yield
Hua Mak, Bang Kapi,Bangkok
฿4,050,000
3 Bedrooms
3
Bathrooms
162 SqM
Indoor Area
3
Storeys
Nov 2013
Completed

About This Townhouse

This property is a 162 SqM townhouse with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Town Avenue Rama 9 project in Hua Mak, Bangkok and was completed in Nov 2013. You can buy this townhouse for a base price of ฿4,050,000 (฿25,000/SqM).

Features

Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed Jun 2, 2022
Updated 1 year ago
Property Type Townhouse
Storeys 3
Location Hua Mak, Bangkok
Bedrooms 3
Nearest Landmark Hua Mak ARL -2.4 Km
Indoor Area 162 SqM
Price per SqM ฿25,000
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 80 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 (Nov 2013)
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.
฿1,500/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1099816

Investment Opportunity: Charges & Yield

Sale Price
฿4,050,000
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.
฿1,500/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.
12
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 Town Avenue Rama 9, and the current sales price.
8%

Project Details

Project Name: Town Avenue Rama 9
Developer: Sansiri
Construction: Completed (Nov 2013)
Units: 120
Project Area: 48,000 SqM
Nearest Landmark Hua Mak ARL - 2.4 Km
Location: Hua Mak, Bangkok
Town Avenue Rama 9 Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at Town Avenue Rama 9

For Sale 3 For Rent 2
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Frequently Asked Questions

All kind of pets are allowed at Town Avenue Rama 9 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is ฿12 per square meter based on the plot size of the property and is ฿1,500 for this townhouse. This fee has to be paid by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
Hua Mak ARL is the nearest Airport Rail Link Station from Town Avenue Rama 9 and it is 2.4 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 Town Avenue Rama 9 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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Reviews

5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Our family has been living here
Chayanin Kristipan, Thailand, 6 years ago
Our family has been living here because our children are studying at Wellington International School, which is only a 10-minute drive away. This is a quiet and private project. They also offer a range of facilities, including security guards, a spacious common area, a public park with many trees, a small fitness room, and a swimming pool. There are 5 people in my family, and it is suitable and comfortable for us to live in this project because it offers 3 bedrooms. This place is suitable for people who have a car as neither BTS nor MRT is passing in this area, it is better for those who have a car.
Bangkok
Hua Mak

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Town Avenue Rama 9

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
Hua Mak, Bang Kapi, Bangkok
Number of units
223
Sales Prices
฿9.99M - ฿22.8M
▼ -2% underpriced
Monthly Rentals
฿40K
Year Built
Jan 2016
Completion Status
Completed
Location
Hua Mak, Bang Kapi, Bangkok
Number of units
205
Sales Prices
฿8.9M
Monthly Rentals
฿18K - ฿25K
Year Built
Dec 2013
Completion Status
Completed
Location
Hua Mak, Bang Kapi, Bangkok
Number of units
58
Sales Prices
฿6.9M - ฿8.8M
Monthly Rentals
฿60K
Year Built
Dec 2016
Completion Status
Completed
Location
Hua Mak, Bang Kapi, Bangkok
Number of units
6
Sales Prices
฿19.5M - ฿22.5M
Monthly Rentals
N/A
Year Built
Jul 2022
Completion Status
Completed
Project Name
Sammakon Village
Location
Hua Mak, Bang Kapi, Bangkok
Number of units
1000
Sales Prices
฿15.9M - ฿20M
▼ -44% underpriced
Monthly Rentals
฿18K - ฿60K
Year Built
Jan 2005
Completion Status
Completed
Location
Hua Mak, Bang Kapi, Bangkok
Number of units
86
Sales Prices
฿60M - ฿108M
Monthly Rentals
฿450K
Year Built
Jun 2022
Completion Status
Completed
Location
Hua Mak, Bang Kapi, Bangkok
Number of units
557
Sales Prices
฿8.5M - ฿22.9M
Monthly Rentals
฿40K - ฿180K
Year Built
Jun 2014
Completion Status
Completed
Location
Hua Mak, Bang Kapi, Bangkok
Number of units
36
Sales Prices
฿56.7M
▲ 2.5% overpriced
Monthly Rentals
N/A
Year Built
Dec 2021
Completion Status
Completed
Location
Hua Mak, Bang Kapi, Bangkok
Number of units
276
Sales Prices
฿20.2M - ฿44.4M
Monthly Rentals
฿120K - ฿250K
Year Built
Jun 2022
Completion Status
Completed
Location
Hua Mak, Bang Kapi, Bangkok
Number of units
169
Sales Prices
฿31M - ฿40M
Monthly Rentals
฿130K - ฿350K
Year Built
Dec 2021
Completion Status
Completed
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