Areeya The Color 2

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Chorakhe Bua, Lat Phrao,Bangkok

Unit ID: U884502
฿2,990,000 Great Price
Bedroom
3 Bedrooms
Bathroom
2 Bathrooms
Indoor Area
165 SqM Indoor Area
Stairs
2 Storeys
Construction
Nov 2018 Completed

3 Bedroom Townhouse for sale at Areeya The Color 2

This property is a 165 SqM townhouse with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the Areeya The Color 2 project in Chorakhe Bua, Bangkok and was completed in Nov 2018. You can buy this townhouse for a base price of ฿2,990,000 (฿18,121/SqM).

Features

TerraceTerrace BalconyBalcony Cable TVCable TV

Basic Information

Property Type Townhouse
Storeys 2
Location Chorakhe Bua, Lat Phrao, Bangkok
Bedrooms 3
Nearest Landmark Kasetsart University BTS -3.6 Km
Indoor Area 165 SqM
Price per SqM ฿18,121
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 65.60 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 (Nov 2018)
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) City View
Unit Type N/A
Parking Spots 1
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.
฿1,000/mo
Listed By
Private Owner
Date Listed May 2, 2021
Last Updated 7 months ago
Unit ID U884502

Price Analysis

Great Price
Estimated market value ฿4,440,325
Great
฿2,490,000
Good
Fair
Above
฿3,530,000
Current asking Price: ฿2,990,000
This townhouse is ฿1,450,325 BELOW MARKET (-33%) 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
฿2,990,000
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.
฿1,000/mo

Project Details

Project Name: Areeya The Color 2
Developer: Areeya Property
Construction: Completed (Nov 2018)
Units: 200
Project Area: N/A
Nearest Landmark Kasetsart University BTS - 3.6 Km
Location: Chorakhe Bua, Lat Phrao, Bangkok
Areeya The Color 2 Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Communal Garden Area Communal Garden Area

Available Units at Areeya The Color 2

Loan Calculator

Frequently asked questions

All kind of pets are allowed at Areeya The Color 2 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Kasetsart University BTS is the nearest BTS from Areeya The Color 2 and it is 3.6 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 Areeya The Color 2 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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Bangkok

Chorakhe Bua

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