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    1 Bedroom Townhouse for sale at At Promprakai
    Mak Khaeng, Mueang Udon Thani,Udon Thani
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    Sale Price
    ฿5,690,000
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    1 Bedroom Townhouse for sale at At Promprakai
     (Write Review)
    Unit ID: U253495
    5% Rental Yield
    Mak Khaeng, Mueang Udon Thani,Udon Thani
    ฿5,690,000
    1 Bedroom
    3
    Bathrooms
    230 SqM
    Indoor Area
    3
    Storeys
    Dec 2018
    Completed
    7
    Sale Price
    ฿5,690,000

    About This Townhouse

    This property is a 230 SqM townhouse with 1 bedroom and 3 bathrooms that is available for sale. It is part of the project in Mak Khaeng, Udon Thani and was completed in Dec 2018. You can buy this townhouse for a base price of ฿5,690,000 (฿24,739/SqM) and it is also available for long term rentals starting from ฿25,000 per month.

    Features

    Covered ParkingCovered Parking

    Basic Information

    Date Listed Nov 28, 2019
    Updated 4 years ago
    Property Type Townhouse
    Storeys 3
    Location Mak Khaeng, Udon Thani
    Bedroom 1
    Nearest Landmark Wat Pothisomphon -1.5 Km
    Indoor Area 230 SqM
    Price per SqM ฿24,739
    Outdoor Area
    This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
    50 SqM
    Plot Size 100 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.

    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 2018)
    Furniture
    Unfurnished
    View(s) City View
    Unit Type N/A
    Parking Spots 1
    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.
    ฿1,000/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U253495

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿5,690,000
    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.
    ฿1,000/mo
    Rent
    ฿25,000/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.
    19
    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.
    5%

    Project Details

    Project Name: At Promprakai
    Developer: N/A
    Construction: Completed (Dec 2018)
    Units: 50
    Project Area: N/A
    Nearest Landmark Wat Pothisomphon - 1.5 Km
    Location: Mak Khaeng, Udon Thani
    At Promprakai Project Details

    Project Features

    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking

    Available Units at At Promprakai

    For Sale 1 For Rent 1
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    • 1 Bed
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    Frequently Asked Questions

    Wat Pothisomphon is the nearest Temple from At Promprakai and it is 1.5 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 At Promprakai 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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    Udon Thani
    Mak Khaeng

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