Unit ID: U1725050
6% Rental Yield
Wang Yen, Bang Phae,Ratchaburi
฿2,790,000
3 Bedrooms
2
Bathrooms
140 SqM
Indoor Area
1
Storeys
Nov 2018
Completed

About This House

This property is a 140 SqM house with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Wang Yen, Ratchaburi and was completed in Nov 2018. You can buy this house for a base price of ฿2,790,000 (฿19,929/SqM) and it is also available for long term rentals starting from ฿13,500 per month.

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Washing MachineWashing Machine

Basic Information

Date Listed Jan 30, 2024
Updated 3 weeks ago
Property Type House (Single Detached)
Storeys 1
Location Wang Yen, Ratchaburi
Bedrooms 3
Nearest Landmark Lak Song BTS -50.3 Km
Indoor Area 140 SqM
Price per SqM ฿19,929
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 400 SqM
Pets Not Allowed
House Ownership

Foreign nationals can own the building (house) 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 (Nov 2018)
Furniture
Specific items of furniture can be requested in the sale, or buyers can offer to purchase some or all of it. When negotiating a deal, either party can suggest that such items be included in the sale price.
Negotiable
View(s) N/A
Unit Type N/A
Parking Spots 3
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.
฿700/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1725050

Investment Opportunity: Charges & Yield

Sale Price
฿2,790,000
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.
฿700/mo
Rent
฿13,500/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.
17
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.
6%

Project Details

Project Name: Arinya Chong Chon
Developer: N/A
Construction: Completed (Feb 2018)
Units: 28
Project Area: N/A
Nearest Landmark Lak Song BTS - 50.3 Km
Location: Wang Yen, Ratchaburi
Arinya Chong Chon Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Outdoor Kids Zone Outdoor Kids Zone
Communal Garden Area Communal Garden Area

Available Units at Arinya Chong Chon

For Sale 1 For Rent 1
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Frequently Asked Questions

No pets are allowed at Arinya Chong Chon unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Lak Song BTS is the nearest BTS Station from Arinya Chong Chon and it is 50.3 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 Arinya Chong Chon 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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Ratchaburi
Wang Yen

Neighborhood Overview

Location and Neighborhood

Street View

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