Wood Park Home Resort

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Mu Si, Pak Chong,Nakhon Ratchasima

Unit ID: U983864
฿25,900,000
Bedroom
4 Bedrooms
Bathroom
4.5 Bathrooms
Indoor Area
311 SqM Indoor Area
Stairs
2 Storeys
Construction
Jun 2006 Completed

4 Bedroom House for sale at Wood Park Home Resort

This property is a 311 SqM house with 4 bedrooms and 4.5 bathrooms that is available for sale. It is part of the Wood Park Home Resort project in Mu Si, Nakhon Ratchasima and was completed in Jun 2006. You can buy this house for a base price of ฿25,900,000 (฿83,280/SqM).

For SALE by OWNER - 3 in 1: Enjoy yourself - Expand - ROI

A fully equipped home/office built and supervised by expat and located less than 2 hours from Bangkok. Just 10km from the exit of the new Bangkok - Korat motorway. And all of it In the middle of a tropical paradise and yet close to shopping and other critical infrastructure. Within walking distance of one of Khao Yai's main tourist attraction 'The Chocolate Factory'. - It just does not come better than this. - But still like to have more? - How about the fact that the house was placed on the land so that still more than 50% remains unoccupied and a second house of almost the same size can be built on the land. The layout even allows for a completely separate access from the road using the so-called 'battle-axe block' layout. Or how about renting the property out and get some return on your investment? - This property was rented out for 5 years to expats, which paid more than Baht 100'000 per month in rentals. The international standards of the house appealed to them.

Features

Private SaunaPrivate Sauna Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Maids QuartersMaids Quarters

Basic Information

Property Type House (Single Detached)
Storeys 2
Location Mu Si, Pak Chong, Nakhon Ratchasima
Bedrooms 4
Nearest Landmark N/A
Indoor Area 311 SqM
Price per SqM ฿83,280
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
166 SqM
Plot Size 1,700 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.

Company
Land Title Deed Chanote
Construction Completed (Jun 2006)
Furniture
Specific items of furniture can be requested in the sale, or buyers can offer to purchase some or all of it. When negotiating a deal, either party can suggest that such items be included in the sale price.
Negotiable
View(s) Mountain View, Park View, Garden View, Unblocked Open 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.
฿10,200/mo
Listed By
Private Owner
Date Listed Jun 16, 2021
Last Updated 1 week ago
Unit ID U983864

Investment Opportunity: Charges & Yield

Sale Price
฿25,900,000
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.
฿10,200/mo

Project Details

Project Name: Wood Park Home Resort
Developer: N/A
Construction: Completed (Dec 2009)
Units: 11
Project Area: N/A
Nearest Landmark N/A
Location: Mu Si, Pak Chong, Nakhon Ratchasima
Wood Park Home Resort Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
24H Security 24H Security
Reception / Lobby Area Reception / Lobby Area

Available Units at Wood Park Home Resort

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Frequently asked questions

All kind of pets are allowed at Wood Park Home Resort including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is ฿6 per square meter based on the plot size of the property and is ฿10,200 for this house. 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.

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 Wood Park Home Resort 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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Nakhon Ratchasima

Mu Si

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