Town Avenue Rama 9

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Khlong Kum, Bueng Kum,Bangkok

Unit ID: U84634
฿5,500,000
Bedroom
2 Bedrooms
Bathroom
3 Bathrooms
Indoor Area
180 SqM Indoor Area
Stairs
3 Storeys
Construction
Nov 2013 Completed

2 Bedroom Townhouse for sale at Town Avenue Rama 9

This property is a 180 SqM townhouse with 2 bedrooms and 3 bathrooms that is available for sale. It is part of the Town Avenue Rama 9 project in Khlong Kum, Bangkok and was completed in Nov 2013. You can buy this townhouse for a base price of ฿5,500,000 (฿30,556/SqM).

Features

Private GardenPrivate Garden TerraceTerrace Corner UnitCorner Unit BalconyBalcony

Basic Information

Property Type Townhouse
Storeys 3
Location Khlong Kum, Bueng Kum, Bangkok
Bedrooms 2
Nearest Landmark Seri Thai Park -3.1 Km
Indoor Area 180 SqM
Price per SqM ฿30,556
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
Townhouse Ownership

Foreign nationals can own the building (townhouse) in their own name but not the land that it stands on.

Company
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.

Company
Land Title Deed N/A
Construction Completed (Nov 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) Park View, Garden 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.
฿960/mo
Listed By
Private Owner
Date Listed Sep 5, 2018
Last Updated 1 year ago
Unit ID U84634

Price Analysis

Above Average
Estimated market value ฿4,972,403
Great
฿4,670,000
Good
Fair
Above
฿6,360,000
Current asking Price: ฿5,500,000
This townhouse is ฿527,597 ABOVE MARKET (11%) in the Bangkok 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
฿5,500,000
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.
฿960/mo

Project Details

Project Name: Town Avenue Rama 9
Developer: Sansiri
Construction: Completed (Nov 2013)
Units: 120
Project Area: N/A
Nearest Landmark Seri Thai Park - 3.1 Km
Location: Khlong Kum, Bueng Kum, 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 2 For Rent 1
Get notified when new homes are being added to Town Avenue Rama 9

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Frequently asked questions

The common area maintenance fee is ฿12 per square meter based on the plot size of the property and is ฿960 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.
Seri Thai Park is the nearest Park from Town Avenue Rama 9 and it is 3.1 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 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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