Mind Rama 2-Sathorn

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Chom Thong, Chom Thong,Bangkok

Unit ID: U85201
Sold Great Price
Bedroom
3 Bedrooms
Bathroom
4 Bathrooms
Indoor Area
235 SqM Indoor Area
Stairs
3 Storeys
Construction
Sep 2017 Completed

3 Bedroom House for sale at Mind Rama 2-Sathorn

This property is a 235 SqM house with 3 bedrooms and 4 bathrooms that is available for sale. It is part of the Mind Rama 2-Sathorn project in Chom Thong, Bangkok and was completed in Sep 2017. You can buy this house for a base price of ฿11,000,000 (฿46,809/SqM).

Features

Media Room/CinemaMedia Room/Cinema Private GymPrivate Gym Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Full Western KitchenFull Western Kitchen

Basic Information

Property Type House
Storeys 3
Location Chom Thong, Chom Thong, Bangkok
Bedrooms 3
Nearest Landmark Wutthakat BTS -1.9 Km
Indoor Area 235 SqM
Price per SqM ฿46,809
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 264 SqM
House Ownership

Foreign nationals can own the building (house) 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 (Sep 2017)
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) Garden View, Blocked View
Unit Type N/A
Parking Spots 4
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
Date Listed Sep 14, 2018
Last Updated 1 year ago
Unit ID U85201

Price Analysis

Great Price
Estimated market value ฿13,910,570
Great
฿7,170,000
Good
Fair
Above
฿14,700,000
Current asking Price: ฿11,000,000
This house is ฿2,910,570 BELOW MARKET (-21%) in the Bangkok area. It is analyzed against similar houses and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
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Investment Opportunity: Charges & Yield

Project Details

Project Name: Mind Rama 2-Sathorn
Developer: AP (Thailand)
Construction: Completed (Sep 2017)
Units: 27
Project Area: N/A
Nearest Landmark Wutthakat BTS - 1.9 Km
Location: Chom Thong, Chom Thong, Bangkok
Mind Rama 2-Sathorn Project Details

Project Features

Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
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Frequently asked questions

Wutthakat BTS is the nearest BTS from Mind Rama 2-Sathorn and it is 1.9 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 Mind Rama 2-Sathorn 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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Chom Thong

Neighborhood Overview

Location and Neighborhood

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