3 Bedroom Townhouse for sale at The Monox

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Pluak Daeng, Pluak Daeng,Rayong

Unit ID: U669484

4% Rental Yield

3 Bedrooms

3 Bathrooms

80 SqM Indoor Area

2 Storeys

Dec 2019 Completed

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Sale Price

฿1,790,000

Great Price

About This Townhouse

This property is a 80 SqM townhouse with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the The Monox project in Pluak Daeng, Rayong and was completed in Dec 2019. You can buy this townhouse for a base price of ฿1,790,000 (฿22,375/SqM) and it is also available for long term rentals starting from ฿6,000 per month.

Features

Covered Parking

Balcony

Basic Information

Date Listed Oct 6, 2021

Updated 2 years ago

Property Type Townhouse

Storeys 2

Location Pluak Daeng, Rayong

Bedrooms 3

Nearest Landmark N/A

Indoor Area 80 SqM

Price per SqM ฿22,375

Outdoor Area

N/A

Plot Size 80 SqM

Pets All Kind of Pets Allowed

Townhouse Ownership

Thai Ownership

Land Ownership

Thai Ownership

Land Title Deed Chanote

Construction Completed (Dec 2019)

Furniture

Unfurnished

View(s) N/A

Unit Type N/A

Parking Spots 2

Pool Size N/A

CAM Fee

N/A

Listed By

Agent / Partner

Electricity Price N/A

Water Price N/A

Unit ID U669484

Price Analysis

Great Price

Estimated market value ฿2,092,217

Great

Good

Fair

Above

Current asking Price: ฿1,790,000 | Advertised rental rate: ฿6,000/mo

This townhouse is ฿302,217 BELOW MARKET (-14%) in the Rayong 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.

Investment Opportunity: Charges & Yield

Sale Price

฿1,790,000

Rent

฿6,000/mo

Price-to-Rent Ratio

Rental Yield

Project Details

Project Name: The Monox

Developer: N/A

Construction: Completed (Dec 2019)

Units: 113

Project Area: N/A

Nearest Landmark N/A

Location: Pluak Daeng, Rayong

The Monox Project Details

Project Features

24H Security

CCTV (Video Surveillance)

Communal Garden Area

Available Units at The Monox

For Sale 1 For Rent 1

All
3 Beds

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Frequently Asked Questions

All kind of pets are allowed at The Monox including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.

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.

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After you have found the right property at The Monox you have to follow these steps:

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

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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?

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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.

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