2 Bedroom Townhouse for sale at Baan Monchaya 1

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Sai Mai, Sai Mai,Bangkok

Unit ID: U1621006

5% Rental Yield

2 Bedrooms

2 Bathrooms

64 SqM Indoor Area

2 Storeys

Jun 1999 Completed

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Sale Price

฿1,500,000

Street View

About This Townhouse

This property is a 64 SqM townhouse with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Baan Monchaya 1 project in Sai Mai, Bangkok and was completed in Jun 1999. You can buy this townhouse for a base price of ฿1,500,000 (฿23,438/SqM).

Features

Terrace

Covered Parking

Balcony

Basic Information

Date Listed Jun 19, 2023

Updated 3 years ago

Property Type Townhouse

Storeys 2

Location Sai Mai, Bangkok

Bedrooms 2

Nearest Landmark: Don Mueang Airport -4.6 Km

Indoor Area 64 SqM

Price per SqM ฿23,438

Outdoor Area

N/A

Plot Size 64 SqM

Pets Not Allowed

Townhouse Ownership

Thai Ownership

Land Ownership

Thai Ownership

Land Title Deed Chanote

Construction Completed (Jun 1999)

Furniture

Partly Furnished

View(s) Unblocked Open View, Sky, Horizon View

Unit Type N/A

Parking Spots 1

Pool Size N/A

CAM Fee

N/A

Listed By

Private Owner

Electricity Price N/A

Water Price N/A

Unit ID U1621006

Investment Opportunity: Charges & Yield

Sale Price

฿1,500,000

Price-to-Rent Ratio

Rental Yield

Project Details

Project Name: Baan Monchaya 1

Developer: N/A

Construction: Completed (Jun 1999)

Units: 350

Project Area: N/A

Nearest Landmark: Don Mueang Airport - 4.6 Km

Location: Sai Mai, Bangkok

Baan Monchaya 1 Project Details

Project Features

Car Parking

Communal Garden Area

Available Units at Baan Monchaya 1

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Frequently Asked Questions

No pets are allowed at Baan Monchaya 1 unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.

Don Mueang Airport is the nearest Airport from Baan Monchaya 1 and it is 4.6 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.

After you have found the right property at Baan Monchaya 1 you have to follow these steps:

- Agreement of terms and conditions
- Reservation Agreement
- Reservation Deposit
- Sales and Purchase Agreement
- Settlement & Transfer

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?

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.