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    3 Bedroom Townhouse for sale at SPACE Ladprao - Mengjai
    Wang Thonglang, Wang Thong Lang,Bangkok
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    Sale Price
    £190,000
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    3 Bedroom Townhouse for sale at SPACE Ladprao - Mengjai

    (1 Review)
    Wang Thonglang, Wang Thong Lang,Bangkok
    Unit ID: U1047230
    5% Rental Yield
    3 Bedrooms
    3 Bathrooms
    213 SqM Indoor Area
    3 Storeys
    Nov 2017 Completed
    (1 Review)
    Sale Price
    £190,000
    13

    About This Townhouse

    This property is a 213 SqM townhouse with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Wang Thonglang, Bangkok and was completed in Nov 2017. You can buy this townhouse for a base price of £190,000 (£890/SqM).

    Features

    Covered ParkingCovered Parking BalconyBalcony Fully RenovatedFully Renovated

    Basic Information

    Date Listed Dec 14, 2021
    Updated 3 weeks ago
    Property Type Townhouse
    Storeys 3
    Location Wang Thonglang, Bangkok
    Bedrooms 3
    Nearest Landmark Huai Khwang MRT -3.2 Km
    Indoor Area 213 SqM
    Price per SqM £890
    Outdoor Area
    This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
    15 SqM
    Plot Size 97.20 SqM
    Pets Cats and Dogs (small only)
    Townhouse Ownership

    Foreign nationals can own the building (townhouse) in their own name, but not the land that it stands on.

    Company
    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 (Nov 2017)
    Furniture
    N/A
    View(s) Park View
    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.
    £122/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1047230

    Investment Opportunity: Charges & Yield

    Sale Price
    £190,000
    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.
    £122/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.
    19
    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 SPACE Ladprao - Mengjai , and the current sales price.
    5%

    Project Details

    Project Name: SPACE Ladprao - Mengjai
    Developer: AEH Company Limited
    Construction: Completed (Nov 2017)
    Units: 94
    Project Area: 17,004 SqM
    Nearest Landmark Huai Khwang MRT - 3.2 Km
    Location: Wang Thonglang, Bangkok
    SPACE Ladprao - Mengjai Project Details

    Project Features

    Communal Pool Communal Pool
    Communal Gym Communal Gym
    Clubhouse Clubhouse
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Communal Garden Area Communal Garden Area
    Key card access Key card access

    Available Units at SPACE Ladprao - Mengjai

    For Sale 3 For Rent 2
    • All
    • 3 Beds
    Get notified when new homes are being added to SPACE Ladprao - Mengjai
    View All (3)

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    Frequently Asked Questions

    Small dogs (weight under 15 kg), cats and small pets like rabbits, hamsters and guinea pigs are allowed at SPACE Ladprao - Mengjai .
    The common area maintenance fee is £1 per square meter based on the plot size of the property and is £122 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.
    Huai Khwang MRT is the nearest MRT Station from SPACE Ladprao - Mengjai and it is 3.2 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 SPACE Ladprao - Mengjai 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

    Reviews

    4.5 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Accommodation that combines good functions in one place
    Aston D., Canada, 6 years ago
    This hometown project has everything that I need, and it also comes with a beautiful design. Plus, the project location is superb as it's close to department stores, flea markets, shops, restaurants, and government buildings. It's also pretty easy to get anywhere since it takes only a few mins to Lat Phrao MRT, and it isn't far from the main road connecting to all destinations. As for the project atmosphere, I would say that it's perfect. The neighbors are friendly and respectful, and the security system is reliable. So, overall, it's suitable for living.
    Bangkok
    Wang Thonglang

    Neighborhood Overview

    Location and Neighborhood

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    Year Built
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