3 Bedroom Townhouse for sale at Home Place Sukhumvit 71

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Phra Khanong Nuea, Watthana,Bangkok
Unit ID: U1112748
5% Rental Yield
฿18,000,000
3 Bedrooms
3.5 Bathrooms
340 SqM Indoor Area
4 Storeys
Dec 2002 Completed

About This Townhouse

This property is a 340 SqM townhouse with 3 bedrooms and 3.5 bathrooms that is available for sale. It is part of the Home Place Sukhumvit 71 project in Phra Khanong Nuea, Bangkok and was completed in Dec 2002. You can buy this townhouse for a base price of ฿18,000,000 (฿52,941/SqM) and it is also available for long term rentals starting from ฿75,000 per month.

Features

TerraceTerrace Covered ParkingCovered Parking BalconyBalcony BathtubBathtub

Basic Information

Property Type Townhouse
Storeys 4
Location Phra Khanong Nuea, Watthana, Bangkok
Bedrooms 3
Nearest Landmark Phra Khanong BTS -1 Km
Indoor Area 340 SqM
Price per SqM ฿52,941
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 96 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 2002)
Furniture
Unfurnished
View(s) City 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.
N/A
Listed By
Private Owner
Date Listed Jun 24, 2022
Last Updated 1 month ago
Unit ID U1112748

Investment Opportunity: Charges & Yield

Sale Price
฿18,000,000
Rent
฿75,000/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.
20
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: Home Place Sukhumvit 71
Developer: N/A
Construction: Completed (Dec 2002)
Units: 90
Project Area: N/A
Nearest Landmark Phra Khanong BTS - 1 Km
Location: Phra Khanong Nuea, Watthana, Bangkok
Home Place Sukhumvit 71 Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking

Available Units at Home Place Sukhumvit 71

For Sale 2 For Rent 1
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Frequently Asked Questions

Small dogs (weight under 15 kg), cats and small pets like rabbits, hamsters and guinea pigs are allowed at Home Place Sukhumvit 71.
Phra Khanong BTS is the nearest BTS from Home Place Sukhumvit 71 and it is 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 Home Place Sukhumvit 71 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
Phra Khanong Nuea

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