2 Brm, 2 Bth, 2 Storey Bungalow Plus 350 Sq. Mt's Incomplete Home And Buildings For Sale In Pha Chan, Buriram, Thailand

SOLD ON 12th September 2023

For Sale, all Offers considered! This property presents a unique opportunity to own a home and 70% completed larger home with shop frontage and extra living capacity. Priced at a bargain rate of 2,225,000 THB, this is truly the deal of the year. The land spans over 2 Rai, 13 Sq. Wah and includes a ready-to-move-in 128 Sq. Mt., 2-storey bungalow built in 2019.

Featuring a completed Bungalow of 2 bedrooms, 2 bathrooms, a built-in kitchen, hot water systems, an upper deck viewing platform, and spacious living areas, this bungalow provides immediate comfort. Additionally, you can oversee the construction progress of your new home from this location.

Images of the incomplete buildings included in this sale can be viewed for a comprehensive understanding of the property. With approximately 350 Sq. Mts. awaiting completion, you have the opportunity to fulfill your dream.

Remarkably, the asking price is below the investment cost already incurred by the owners. Due to changed personal circumstances, the owners are eager to divest the property promptly, allowing for expansion of their current enterprise in Udon Thani.

Please note that the property is vacant but monitored, and ready to move in. Some pruning and landscaping are necessary to restore its charm and beauty. The spacious lawn area, previously utilized for drying rice after harvest, adds to the appeal. The property layout is well-designed.

The incomplete buildings encompass a home, shop, storage areas, bathrooms, and more. Situated on a busy sealed road in Pha Chan, Buriram district, the structures are in place, enabling you to customize the final completion according to your plans. The majority of the structural work has already been done.

Occupying 2 Rai, 13 Sq. Wah, the property also boasts a crop of cassava (tapioca) bananas, coconuts, and a large pond with footings to build an external Sala or outside platform for relaxation, fishing, or unwinding. Imagine the possibilities of transforming this property into a splendid home.

Considering the cost breakdown, the land value on a sealed road is estimated at 500,000 THB per Rai, with landfill costs approximately 600,000 THB. The buildings and structures are valued at 1,400,000 THB, the pond at around 50,000 THB, and additional costs for landscaping and location. Water and electricity connections are readily available. To ensure a continuous power supply, the owners have installed a private electricity transformer at an additional cost of over 180,000 THB. The value of this property is evident, well below market value.

Situated in Pa Chan, approximately 45 Km’s from Buriram and 46 Km’s from Surin, this location offers accessibility to major cities. Notably, the property is directly opposite a school serving students up to Year 6, making it suitable for families. Numerous government agencies are also present in the vicinity, creating a beautiful and private setting ideal for a tranquil lifestyle and small farm.

While this property may currently be incomplete, we urge you to consider the potential it holds compared to starting a new build from scratch.

Please schedule a viewing appointment to explore this property further. For inquiries, contact Duean (English and Thai) at +66943738998, LINE ID kcde041110, or email duean@isanrealestate.com. Alternatively, reach out to Ernie (English) at +66851798729 or ernie@isanrealestate.com.

In our opinion, this is an excellent purchase with immense possibilities. You have multiple options: purchase, live in, expand, complete, and sell at a significantly higher price. Seeing is believing, so contact us now to arrange a private viewing.

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