INDY Prachauthit 90 (3)

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Nai Khlong Bang Pla Kot, Phra Samut Chedi,Samut Prakan

Unit ID: U218041
5% Rental Yield
฿3,300,000 Great Price
Bedroom
2 Bedrooms
Bathroom
3 Bathrooms
Indoor Area
166.80 SqM Indoor Area
Stairs
2 Storeys
Construction
Dec 2015 Completed

2 Bedroom Townhouse for sale at INDY Prachauthit 90 (3)

This property is a 166.80 SqM townhouse with 2 bedrooms and 3 bathrooms that is available for sale. It is part of the INDY Prachauthit 90 (3) project in Nai Khlong Bang Pla Kot, Samut Prakan and was completed in Dec 2015. You can buy this townhouse for a base price of ฿3,300,000 (฿19,784/SqM) and it is also available for long term rentals starting from ฿15,000 per month.

Features

Covered ParkingCovered Parking Corner UnitCorner Unit BalconyBalcony

Basic Information

Property Type Townhouse
Storeys 2
Location Nai Khlong Bang Pla Kot, Phra Samut Chedi, Samut Prakan
Bedrooms 2
Nearest Landmark Chang Erawan BTS -9 Km
Indoor Area 166.80 SqM
Price per SqM ฿19,784
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 89 SqM
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 2015)
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) N/A
Unit Type N/A
Parking Spots 3
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.
฿1,200/mo
Listed By
Private Owner
Date Listed Aug 27, 2019
Last Updated 1 year ago
Unit ID U218041

Price Analysis

Great Price
Estimated market value ฿4,531,477
Great
฿3,320,000
Good
Fair
Above
฿3,620,000
Current asking Price: ฿3,300,000 | Advertised rental rate: ฿15,000/mo
This townhouse is ฿1,231,477 BELOW MARKET (-27%) in the Samut Prakan area. It is analyzed against similar townhouses and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
Powered by FazWaz AVM

Investment Opportunity: Charges & Yield

Sale Price
฿3,300,000
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.
฿1,200/mo
Rent
฿15,000/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.
18
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: INDY Prachauthit 90 (3)
Developer: Land and Houses
Construction: Completed (Dec 2015)
Units: 349
Project Area: 53,440 SqM
Nearest Landmark Chang Erawan BTS - 9 Km
Location: Nai Khlong Bang Pla Kot, Phra Samut Chedi, Samut Prakan
INDY Prachauthit 90 (3) Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
Communal Garden Area Communal Garden Area

Available Units at INDY Prachauthit 90 (3)

For Sale 2 For Rent 1
Get notified when new homes are being added to INDY Prachauthit 90 (3)

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Frequently asked questions

All kind of pets are allowed at INDY Prachauthit 90 (3) including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Chang Erawan BTS is the nearest BTS from INDY Prachauthit 90 (3) and it is 9 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 INDY Prachauthit 90 (3) 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

Nai Khlong Bang Pla Kot

Neighborhood Overview

Location and Neighborhood

Street View

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