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    3 Bedroom Townhouse for sale at Patio Srinakarin - Rama 9
    Hua Mak, Bang Kapi,Bangkok
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    Sale Price
    £102,000
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    3 Bedroom Townhouse for sale at Patio Srinakarin - Rama 9

     (Write Review)
    Hua Mak, Bang Kapi,Bangkok
    Unit ID: U1737972
    8% Rental Yield
    3 Bedrooms
    2.5 Bathrooms
    160 SqM Indoor Area
    3 Storeys
    Jun 2016 Completed
     (Write Review)
    Sale Price
    £102,000
    25

    About This Townhouse

    This property is a 160 SqM townhouse with 3 bedrooms and 2.5 bathrooms that is available for sale. It is part of the project in Hua Mak, Bangkok and was completed in Jun 2016. You can buy this townhouse for a base price of £102,000 (£638/SqM).

    Features

    TerraceTerrace Covered ParkingCovered Parking

    Basic Information

    Date Listed Feb 25, 2024
    Updated 9 months ago
    Property Type Townhouse
    Storeys 3
    Location Hua Mak, Bangkok
    Bedrooms 3
    Nearest Landmark Ban Thap Chang ARL -3.1 Km
    Indoor Area 160 SqM
    Price per SqM £638
    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 160 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 Nor Sor 3 Gor
    Construction Completed (Jun 2016)
    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 2
    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.
    £371/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1737972

    Investment Opportunity: Charges & Yield

    Sale Price
    £102,000
    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.
    £371/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.
    12
    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 Patio Srinakarin - Rama 9, and the current sales price.
    8%

    Project Details

    Project Name: Patio Srinakarin - Rama 9
    Developer: N/A
    Construction: Completed (Jun 2016)
    Units: 74
    Project Area: N/A
    Nearest Landmark Ban Thap Chang ARL - 3.1 Km
    Location: Hua Mak, Bangkok
    Patio Srinakarin - 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 Patio Srinakarin - Rama 9

    For Sale 4 For Rent 12
    • All
    • 3 Beds
    Get notified when new homes are being added to Patio Srinakarin - Rama 9
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    Frequently Asked Questions

    All kind of pets are allowed at Patio Srinakarin - Rama 9 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    The common area maintenance fee is £2 per square meter based on the plot size of the property and is £371 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.
    Ban Thap Chang ARL is the nearest Airport Rail Link Station from Patio Srinakarin - 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 Patio Srinakarin - 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

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