3 Bedroom Townhouse for sale at Town Avenue Rama 9

5 (1 Review)
Khlong Kum, Bueng Kum,Bangkok
Unit ID: U166486
9% Rental Yield
฿4,200,000
3 Bedrooms
3 Bathrooms
160 SqM Indoor Area
3 Storeys
Nov 2013 Completed

About This Townhouse

This property is a 160 SqM townhouse with 3 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 ฿4,200,000 (฿26,250/SqM).

Features

TerraceTerrace Covered ParkingCovered Parking BalconyBalcony TVTV

Basic Information

Property Type Townhouse
Storeys 3
Location Khlong Kum, Bueng Kum, Bangkok
Bedrooms 3
Nearest Landmark Seri Thai Park -3.1 Km
Indoor Area 160 SqM
Price per SqM ฿26,250
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.

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 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, Blocked View
Unit Type N/A
Parking Spots N/A
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 Jun 25, 2019
Last Updated 2 years ago
Unit ID U166486

Price Analysis

Above Average
Estimated market value ฿3,468,198
Great
฿2,670,000
Good
Fair
Above
฿5,200,000
Current asking Price: ฿4,200,000 | Rental estimate: ฿30,500/mo
This townhouse is ฿731,802 ABOVE MARKET (21%) 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
฿4,200,000
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
Est. Rent
฿30,500/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.
11
Rental Yield
This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 3 bedroom townhouses at Town Avenue Rama 9, and the current sales price.
9%

Project Details

Project Name: Town Avenue Rama 9
Developer: Sansiri
Construction: Completed (Nov 2013)
Units: 120
Project Area: 48,000 SqM
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 2
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Available Units at Town Avenue Rama 9
฿25,000
Beds 3 Beds
Baths 3 Baths
Size 162 SqM Size
Plot Size 80 SqM Plot Size
Partly Furnished Unblocked Open View
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Available Units at Town Avenue Rama 9
-
Beds 3 Beds
Baths 3 Baths
Size 168 SqM Size
Plot Size - Plot Size
Fully Furnished Garden View
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Available Units at Town Avenue Rama 9
-
Beds 3 Beds
Baths 3 Baths
Size 162 SqM Size
Plot Size 80 SqM Plot Size
Partly Furnished City View
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Available Units at Town Avenue Rama 9
฿26,250
Beds 3 Beds
Baths 3 Baths
Size 160 SqM Size
Plot Size 80 SqM Plot Size
Fully Furnished Park View
Get notified when new homes are being added to Town Avenue Rama 9

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Frequently Asked Questions

All kind of pets are allowed at Town Avenue Rama 9 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
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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Reviews

5 out of 5 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Our family has been living here
5 Chayanin Kristipan, Thailand, 4 years ago
Our family has been living here because our children are studying at Wellington International School, which is only a 10-minute drive away. This is a quiet and private project. They also offer a range of facilities, including security guards, a spacious common area, a public park with many trees, a small fitness room, and a swimming pool. There are 5 people in my family, and it is suitable and comfortable for us to live in this project because it offers 3 bedrooms. This place is suitable for people who have a car as neither BTS nor MRT is passing in this area, it is better for those who have a car.
Bangkok
Khlong Kum

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Location and Neighborhood

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Projects Nearby Town Avenue Rama 9

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Year Built
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Location
Number of units
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Year Built
Completion Status
Location
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20
Sales Prices
฿7.03M
Monthly Rentals
N/A
Year Built
Dec 2013
Completion Status
Completed
Location
Khlong Kum, Bueng Kum, Bangkok
Number of units
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฿2.74M - ฿7.37M
▲ 7% overpriced
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฿14.7K
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Khlong Kum, Bueng Kum, Bangkok
Number of units
308
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฿4.7M - ฿7.04M
▲ 6.9% overpriced
Monthly Rentals
฿34.2K
Year Built
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Completed
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Khlong Kum, Bueng Kum, Bangkok
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Completed
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Number of units
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Number of units
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N/A
Year Built
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Completion Status
Completed
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Number of units
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Completed
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Number of units
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฿3.91M - ฿6.35M
▲ 10.5% overpriced
Monthly Rentals
฿17.6K
Year Built
Aug 2017
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Completed
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Number of units
318
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▲ 2% overpriced
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N/A
Year Built
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Completed
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Khlong Kum, Bueng Kum, Bangkok
Number of units
200
Sales Prices
฿14.7M
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N/A
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