3 Bedroom Townhouse for sale at The Park Lane 22

(1 Review)
Khlong Tan Nuea, Watthana,Bangkok
Unit ID: U63074
7% Rental Yield
3 Bedrooms
5 Bathrooms
300 SqM Indoor Area
4 Storeys
Dec 2014 Completed

About This Townhouse

This property is a 300 SqM townhouse with 3 bedrooms and 5 bathrooms that is available for sale. It is part of the The Park Lane 22 project in Khlong Tan Nuea, Bangkok and was completed in Dec 2014. You can buy this townhouse for a base price of ฿20,865,000 (฿69,550/SqM) and it is also available for long term rentals starting from ฿120,000 per month.

Features

Rooftop GardenRooftop Garden Covered ParkingCovered Parking

Basic Information

Date Listed Oct 17, 2019
Updated 3 years ago
Property Type Townhouse
Storeys 4
Location Khlong Tan Nuea, Bangkok
Bedrooms 3
Nearest Landmark Ekkamai BTS -2.2 Km
Indoor Area 300 SqM
Price per SqM ฿69,550
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 120 SqM
Pets Not Allowed
Townhouse Ownership

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

Foreign 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.

N/A
Land Title Deed N/A
Construction Completed (Dec 2014)
Furniture
Unfurnished
View(s) N/A
Unit Type 3BR
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.
฿19,200/mo
Listed By
Each listing provided by partnered agents is individually verified by FazWaz. Partner Agents work for different brokerages or property management companies but have teamed up with FazWaz so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U63074

Investment Opportunity: Charges & Yield

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.
฿19,200/mo
Rent
฿120,000/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.
14
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.
7%

Project Details

Project Name: The Park Lane 22
Construction: Completed (Dec 2014)
Units: 22
Project Area: N/A
Nearest Landmark Ekkamai BTS - 2.2 Km
Location: Khlong Tan Nuea, Bangkok
The Park Lane 22 Project Details

Project Features

Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Communal Garden Area Communal Garden Area
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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 The Park Lane 22.
The common area maintenance fee is ฿160 per square meter based on the plot size of the property and is ฿19,200 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.
Ekkamai BTS is the nearest BTS Station from The Park Lane 22 and it is 2.2 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 The Park Lane 22 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

5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
It is awesome and luxurious.
Viparat T., Thailand, 5 years ago
I've seen the sample unit from this project, and I would say that it is awesome and luxurious. Anyway, I think it's too expensive for me, so I didn't buy it. I think this place is suitable for family living. There are not many facilities in the project because the area is relatively small, but there is a 24H security with the access control system. The townhouse I have seen is four floors high, 7.5 meters wide, has three bedrooms and five bathrooms. The structure and materials used in the construction and decoration are perfect. I don't want to come out of here. This area is nice to live in, everything is ready, near Donki Mall, Thonglor, which is suitable for younger people for sure. I would rate 8/10 for this project. The only downside that I've found in the small facilities. Apart from that, this project is fantastic.
Bangkok
Khlong Tan Nuea

Neighborhood Overview

Location and Neighborhood

Street View

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