Unit ID: U1665806
14% Rental Yield
Thap Prik, Mueang Krabi,Krabi
฿3,500,000
3 Bedrooms
3
Bathrooms
128 SqM
Indoor Area
2
Storeys
Mar 2021
Completed

About This House

This property is a 128 SqM house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the The Medal Krabi Town project in Thap Prik, Krabi and was completed in Mar 2021. You can buy this house for a base price of ฿3,500,000 (฿27,344/SqM) and it is also available for long term rentals starting from ฿40,000 per month.

2 floor house with 3 bedrooms & 3 toilets with a private garden with parking and a storage room. Balcony on the master suite bedroom, Bedrooms come with built in wardrobes and curtins. The House is very bright with lots of light due to its glass windows all throughout the house. The area has a caretaker, that helps and secured the place. Pets are allowed. The House has a pool that is accessible by all the members that live in the other respective houses, pool is cleaned everyday and it has a  sitting area, an outdoor shower and a toilet. 

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Wifi IncludedWifi Included Fully RenovatedFully Renovated (2023) Pool Cleaning IncludedPool Cleaning Included

Basic Information

Date Listed Sep 15, 2023
Updated 7 months ago
Property Type House (Single Detached)
Storeys 2
Location Thap Prik, Krabi
Bedrooms 3
Nearest Landmark Ruamphat Hospital -1.4 Km
Indoor Area 128 SqM
Price per SqM ฿27,344
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
16 SqM
Plot Size 144 SqM
Pets All Kind of Pets Allowed
House Ownership

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

Company
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.

Company
Land Title Deed Chanote
Construction Completed (Mar 2021)
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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1665806

Investment Opportunity: Charges & Yield

Sale Price
฿3,500,000
Rent
฿40,000/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.
7
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.
14%

Project Details

Project Name: The Medal Krabi Town
Developer: N/A
Construction: Completed (Mar 2021)
Units: 8
Project Area: N/A
Nearest Landmark Ruamphat Hospital - 1.4 Km
Location: Thap Prik, Krabi
The Medal Krabi Town Project Details

Project Features

Communal Pool Communal Pool
Car Parking Car Parking
Communal Garden Area Communal Garden Area

Available Units at The Medal Krabi Town

For Sale 2 For Rent 1
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Frequently Asked Questions

All kind of pets are allowed at The Medal Krabi Town including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Ruamphat Hospital is the nearest Hospital from The Medal Krabi Town and it is 1.4 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 Medal Krabi Town 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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Krabi
Thap Prik

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