Warisara2

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Phla, Ban Chang,Rayong

Unit ID: U877646
5% Rental Yield
฿5,000,000 ฿5,300,000
Bedroom
4 Bedrooms
Bathroom
3 Bathrooms
Indoor Area
270 SqM Indoor Area
Stairs
3 Storeys
Construction
Jul 2014 Completed

4 Bedroom Townhouse for sale at Warisara2

This property is a 270 SqM townhouse with 4 bedrooms and 3 bathrooms that is available for sale. It is part of the Warisara2 project in Phla, Rayong and was completed in Jul 2014. You can buy this townhouse for a base price of ฿5,000,000 (฿18,519/SqM) and it is also available for long term rentals starting from ฿20,000 per month.

A unique, very secure, renovated/upgraded Shophouse, located in Banchang on Burapapat Rd., Rayong province. It has a living area of 90sqm, and aircondition on each floor, with a total of 270sqm, plus an outdoor area in the front, of about 30sqm. Hot water in the 2 upper bathrooms & Kitchen. Storage space on the loft/top floor, with easy access by loft ladder. One indoor and plenty outdoor parking available. Back up water tanks/pumps with a separate system for the ground and the 2 upper floors. Two Electrical cicuit braker untis, one for the ground, another for the 2 upper floors. Mosquito sreens, brand new blinds, buit in kitchen and toilet counters, widened stair way, and roller doors in the front/back entrance. It is basically a Must See, in order to understand the value. Long term renting possible, depending on downpayment/agreements!

Features

Covered ParkingCovered Parking BalconyBalcony Full Western KitchenFull Western Kitchen Fully RenovatedFully Renovated (2020) OvenOven

Basic Information

Property Type Townhouse
Storeys 3
Location Phla, Ban Chang, Rayong
Bedrooms 4
Nearest Landmark N/A
Indoor Area 270 SqM
Price per SqM ฿18,519
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
30 SqM
Plot Size 120 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 (Jul 2014)
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.
N/A
Listed By
Private Owner
Date Listed Apr 29, 2021
Last Updated 3 weeks ago
Unit ID U877646

Investment Opportunity: Charges & Yield

Sale Price
฿5,000,000
Rent
฿20,000/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.
21
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: Warisara2
Developer: N/A
Construction: Completed (Jul 2014)
Units: 2
Project Area: N/A
Nearest Landmark N/A
Location: Phla, Ban Chang, Rayong
Warisara2 Project Details

Loan Calculator

Frequently asked questions

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 Warisara2 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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Rayong

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