3 Bedroom Townhouse for sale at Bless Town Sukhumvit 50

4.83 (1 Review)
Phra Khanong, Khlong Toei,Bangkok
Unit ID: U984496
4% Rental Yield
฿13,500,000 Great Price
3 Bedrooms
4 Bathrooms
188 SqM Indoor Area
4 Storeys
Dec 2014 Completed

About This Townhouse

This property is a 188 SqM townhouse with 3 bedrooms and 4 bathrooms that is available for sale. It is part of the Bless Town Sukhumvit 50 project in Phra Khanong, Bangkok and was completed in Dec 2014. You can buy this townhouse for a base price of ฿13,500,000 (฿71,809/SqM) and it is also available for long term rentals starting from ฿50,000 per month.

Townhome with Great Location For Rent/ Sales - Sukhumvit 50

This lovely townhome has 3.5 floors, total 20.6 Sq.Wah and 190 sq.m of total usage area. There are 2 bedrooms, a huge living room/ office with high ceiling, and a dining room fully equipped with a newly installed Danish design kitchen with European oven. Every floor has a bathroom for best convenience. And the master bedroom has a walk-in closet and a home gym. There are 2 balconies with an unblocked view and car park space. Fully furnished. Appliances include 5 aircons, 3 TVs, washing machine, dryer, oven, fridge and a mini-fridge on the 4th floor. Residing within Bless Town Sukhumvit 50 project, the facilities include guest parking, 24-hour security, CCTV and a small garden. (For selling only: Common fee is 130 baht per sq.w. per month. Info as of Sep 2020) This property is situated in Sukhumvit 50, with great connection to BTS Onnut, Tesco Lotus Onnut, Century Shopping Mall, Big C On Nut and Sukhumvit road (930m), with easy access to Rama IV Road, Ramindra – Atnarong Expressway (700 m to Entrance) and Bangna - Port Expressway (2 km to Entrance).

Features

Covered ParkingCovered Parking BalconyBalcony Full Western KitchenFull Western Kitchen Renovated KitchenRenovated Kitchen (2020)

Basic Information

Property Type Townhouse
Storeys 4
Location Khlong Toei, Bangkok
Bedrooms 3
Nearest Landmark On Nut BTS -0.8 Km
Indoor Area 188 SqM
Price per SqM ฿71,809
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
40 SqM
Plot Size 84 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 (Dec 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, Unblocked Open 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.
฿4,136/mo
Listed By
Private Owner
Date Listed Jun 19, 2021
Last Updated 1 year ago
Unit ID U984496

Price Analysis

Good Price
Estimated market value ฿14,009,360
Great
฿9,190,000
Good
Fair
Above
฿20,900,000
Current asking Price: ฿13,500,000 | Advertised rental rate: ฿50,000/mo
This townhouse is ฿509,360 BELOW MARKET (-4%) in the Bangkok area. It is analyzed against similar townhouses and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
Powered by FazWaz AVM

Investment Opportunity: Charges & Yield

Sale Price
฿13,500,000
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.
฿4,136/mo
Rent
฿50,000/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.
23
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.
4%

Project Details

Project Name: Bless Town Sukhumvit 50
Developer: N/A
Construction: Completed (Oct 2014)
Units: 56
Project Area: N/A
Nearest Landmark On Nut BTS - 0.8 Km
Location: Khlong Toei, Bangkok
Bless Town Sukhumvit 50 Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)

Available Units at Bless Town Sukhumvit 50

For Sale 1 For Rent 1

Loan Calculator

Frequently Asked Questions

All kind of pets are allowed at Bless Town Sukhumvit 50 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is ฿22 per square meter based on the size of indoor area of the property and is ฿4,136 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.
On Nut BTS is the nearest BTS Station from Bless Town Sukhumvit 50 and it is 0.8 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 Bless Town Sukhumvit 50 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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Reviews

4.8 out of 5 4.83
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Beautiful Luxurious House
4.8 Alexandra L., United Kingdom, 1 year ago
It is a townhouse project with a spacious area. This project has 3 bedrooms, is luxuriously decorated and looks classy. The furniture is beautiful, looks very elegant, and has a big indoor area. It is located in Thonglor, so the transportation is convenient in many ways. It’s suitable for people who like to travel by train or bus. There are facilities surrounding this project, including shopping malls, schools, hospitals and others, such as The Emporium, Ekamai Mall, Sawani Wittayakarn School, Kluaynamthai Hospital and so on. The project has various facilities, such as a swimming pool, a garden, a barbecue area, a playground, etc.
Bangkok
Phra Khanong

Neighborhood Overview

Location and Neighborhood

Street View

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