4 Bedroom Townhouse for sale at Cote Maison Rama 3

5 (1 Review)
Bang Phongphang, Yan Nawa,Bangkok
Unit ID: U1019770
฿13,000,000 Great Price
4 Bedrooms
5 Bathrooms
241.18 SqM Indoor Area
4 Storeys
Oct 2017 Completed

About This Townhouse

This property is a 241.18 SqM townhouse with 4 bedrooms and 5 bathrooms that is available for sale. It is part of the Cote Maison Rama 3 project in Bang Phongphang, Bangkok and was completed in Oct 2017. You can buy this townhouse for a base price of ฿13,000,000 (฿53,902/SqM).

Basic Information

Property Type Townhouse
Storeys 4
Location Bang Phongphang, Yan Nawa, Bangkok
Bedrooms 4
Nearest Landmark Surasak BTS -4.3 Km
Indoor Area 241.18 SqM
Price per SqM ฿53,902
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.

N/A
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.

N/A
Land Title Deed N/A
Construction Completed (Oct 2017)
Furniture
Built-ins are any items that do not leave the property but remain a part of the permanent structure of a home. This includes any type of permanent appliances, cabinetry, furniture that’s built into the home, such as shelving or benches, and other attached items.
Built In
View(s) N/A
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.
฿9,165/mo
Listed By
Each listing provided by partnered agents is individually verified by BangkokPost. Partner Agents work for different brokerages or property management companies but have teamed up with BangkokPost so that we can provide you a wider choice of properties
Agent / Partner
Date Listed Aug 10, 2021
Last Updated 1 year ago
Unit ID U1019770

Price Analysis

Great Price
Estimated market value ฿14,259,982
Great
฿12,300,000
Good
Fair
Above
฿16,400,000
Current asking Price: ฿13,000,000
This townhouse is ฿1,259,982 BELOW MARKET (-9%) 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.
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Investment Opportunity: Charges & Yield

Sale Price
฿13,000,000
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.
฿9,165/mo

Project Details

Project Name: Cote Maison Rama 3
Developer: N/A
Construction: Completed (Oct 2017)
Units: 79
Project Area: N/A
Nearest Landmark Surasak BTS - 4.3 Km
Location: Bang Phongphang, Yan Nawa, Bangkok
Cote Maison Rama 3 Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at Cote Maison Rama 3

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Frequently Asked Questions

The common area maintenance fee is ฿38 per square meter based on the size of indoor area of the property and is ฿9,165 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.
Surasak BTS is the nearest BTS Station from Cote Maison Rama 3 and it is 4.3 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 Cote Maison Rama 3 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
I bought this townhouse to live with my family.
5 Ammy Nopparat, Thailand, 3 years ago
I bought this townhouse to live with my family at a very reasonable price because there are four floors, four bedrooms, five bathrooms, a spacious usable area, and equipped with built-in furniture that 8-9 people can live in this house without feeling uncomfortable. The front of the house can park two cars. The project has a shady atmosphere. The pool is excellent. The fitness center is very modern, and most importantly, the security system is excellent; you do not have anything to worry about at all. Moreover, the location is perfect near the CBD area. I also like to shop at Monopoly Park because it is very close to the project, only a 5-minute walk.
Bangkok
Bang Phongphang

Neighborhood Overview

Location and Neighborhood

Street View

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