4 Bedroom Townhouse for sale at Areeya The Color 2

(1 Review)
Chorakhe Bua, Lat Phrao,Bangkok
Unit ID: U1657896
7% Rental Yield
4 Bedrooms
2 Bathrooms
200 SqM Indoor Area
2 Storeys
Jan 2023 Completed

About This Townhouse

This property is a 200 SqM townhouse with 4 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Chorakhe Bua, Bangkok and was completed in Jan 2023. You can buy this townhouse for a base price of ฿4,500,000 (฿22,500/SqM) and it is also available for long term rentals starting from ฿25,000 per month.

House for rent Areeya Village LatPlaKhao Kasetsart Universit

New house for rent, behind the corner of Lat Pla Khao, Kasetsart University, Nawamin, Ramintra - 2-storey townhouse, usable area 150 sq m. - new furniture - 4 bedrooms, 2 bathrooms - Add a new kitchen behind the house - 5 air conditioners - The area beside the house decorated with a waterfall travel location - Located on Lat Pla Khao Road - Driving into Baan Areeya project, notice on the right hand side that you will reach Areeya The Color Village is on the right hand side. - Near Seven and the clubhouse, only 70 meters - In front of the entrance to the village, there will be seven and shops. - Near the fresh market, 2 sources of food in the evening, easy to find things to eat, there is a bus passing in front of the village - near the green and pink lines - Near The Jazz, Big C, Lotus, Central.

Features

Private GardenPrivate Garden TerraceTerrace DuplexDuplex BalconyBalcony Wifi IncludedWifi Included Cable TVCable TV

Basic Information

Date Listed Aug 29, 2023
Updated 6 months ago
Property Type Townhouse
Storeys 2
Location Chorakhe Bua, Bangkok
Bedrooms 4
Nearest Landmark Kasetsart University BTS -3.6 Km
Indoor Area 200 SqM
Price per SqM ฿22,500
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 112 SqM
Pets Cats and Dogs (small only)
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 (Jan 2023)
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) Garden 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 U1657896

Investment Opportunity: Charges & Yield

Sale Price
฿4,500,000
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.
฿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.
15
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: Areeya The Color 2
Developer: Areeya Property
Construction: Completed (Nov 2018)
Units: 200
Project Area: N/A
Nearest Landmark Kasetsart University BTS - 3.6 Km
Location: Chorakhe Bua, Bangkok
Areeya The Color 2 Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Communal Garden Area Communal Garden Area

Available Units at Areeya The Color 2

For Sale 1 For Rent 1
Get notified when new homes are being added to Areeya The Color 2
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Frequently Asked Questions

All kind of pets are allowed at Areeya The Color 2 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Kasetsart University BTS is the nearest BTS Station from Areeya The Color 2 and it is 3.6 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 Areeya The Color 2 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

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
Great townhome, worth the price
Laura Rogers, United States, 7 years ago
The project is located within reach of diverse choices of eateries, convenience stores, and shopping malls. It's also convenient to travel anywhere because it can switch between different routes. However, there is no sky train service on this line, so it is rather suitable for people who have their own cars. The house's exterior is attractive, and the interior is large. The room's layout is well-proportioned. Most importantly, there are numerous amenities available as well.
Bangkok
Chorakhe Bua

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Areeya The Color 2

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Areeya Mova
Location
Chorakhe Bua, Lat Phrao, Bangkok
Number of units
410
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฿4.08M - ฿8.47M
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฿22.9K - ฿23.9K
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Chorakhe Bua, Lat Phrao, Bangkok
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Jan 2014
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Location
Anusawari, Lat Phrao, Bangkok
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฿2.06M - ฿3.29M
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Completed
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Number of units
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฿16.8M - ฿22.8M
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N/A
Year Built
Jan 2019
Completion Status
Completed
Location
Chorakhe Bua, Lat Phrao, Bangkok
Number of units
121
Sales Prices
฿27.8M
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N/A
Year Built
Sep 2007
Completion Status
Completed
Location
Anusawari, Lat Phrao, Bangkok
Number of units
271
Sales Prices
฿5.48M
Monthly Rentals
N/A
Year Built
Dec 2013
Completion Status
Completed
Location
Anusawari, Lat Phrao, Bangkok
Number of units
117
Sales Prices
฿11.8M - ฿22M
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Monthly Rentals
N/A
Year Built
Dec 2020
Completion Status
Completed
Location
Chorakhe Bua, Lat Phrao, Bangkok
Number of units
31
Sales Prices
฿6.88M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Location
Chorakhe Bua, Lat Phrao, Bangkok
Number of units
23
Sales Prices
฿6.18M
▼ -42% underpriced
Monthly Rentals
N/A
Year Built
Jul 2020
Completion Status
Completed
Location
Chorakhe Bua, Lat Phrao, Bangkok
Number of units
200
Sales Prices
฿3.89M
Monthly Rentals
N/A
Year Built
Jun 2006
Completion Status
Completed
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