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    3 Bedroom Townhouse for sale at Baan Klang Muang Ratchada - Mengjai 2
    Wang Thonglang, Wang Thong Lang,Bangkok
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    Sale Price
    £134,000
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    3 Bedroom Townhouse for sale at Baan Klang Muang Ratchada - Mengjai 2

     (Write Review)
    Wang Thonglang, Wang Thong Lang,Bangkok
    Unit ID: U1144976
    7% Rental Yield
    3 Bedrooms
    4 Bathrooms
    150 SqM Indoor Area
    3 Storeys
    Jan 2005 Completed
     (Write Review)
    Sale Price
    £134,000
    14

    About This Townhouse

    This property is a 150 SqM townhouse with 3 bedrooms and 4 bathrooms that is available for sale. It is part of the project in Wang Thonglang, Bangkok and was completed in Jan 2005. You can buy this townhouse for a base price of £134,000 (£897/SqM).

    Features

    Covered ParkingCovered Parking BalconyBalcony

    Basic Information

    Date Listed Aug 31, 2022
    Updated 2 years ago
    Property Type Townhouse
    Storeys 3
    Location Wang Thonglang, Bangkok
    Bedrooms 3
    Nearest Landmark Huai Khwang MRT -2.6 Km
    Indoor Area 150 SqM
    Price per SqM £897
    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 92 SqM
    Pets All Kind of Pets Allowed
    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 (Jan 2005)
    Furniture
    Unfurnished
    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
    Electricity Price N/A
    Water Price N/A
    Unit ID U1144976

    Investment Opportunity: Charges & Yield

    Sale Price
    £134,000
    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.
    14
    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 Baan Klang Muang Ratchada - Mengjai 2, and the current sales price.
    7%

    Project Details

    Project Name: Baan Klang Muang Ratchada - Mengjai 2
    Developer: AP (Thailand)
    Construction: Completed (Jan 2005)
    Units: 200
    Project Area: N/A
    Nearest Landmark Huai Khwang MRT - 2.6 Km
    Location: Wang Thonglang, Bangkok
    Baan Klang Muang Ratchada - Mengjai 2 Project Details

    Project Features

    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Indoor Kids Zone Indoor Kids Zone

    Available Units at Baan Klang Muang Ratchada - Mengjai 2

    For Sale 1 For Rent 1
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    • 3 Beds
    Get notified when new homes are being added to Baan Klang Muang Ratchada - Mengjai 2
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    Frequently Asked Questions

    All kind of pets are allowed at Baan Klang Muang Ratchada - Mengjai 2 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    Huai Khwang MRT is the nearest MRT Station from Baan Klang Muang Ratchada - Mengjai 2 and it is 2.6 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 Baan Klang Muang Ratchada - Mengjai 2 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

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    Bangkok
    Wang Thonglang

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