Buriram, Huai Rat house and land for sale

฿3,000,000

Huai Rat, Buriram

Calling all investors and developers and enthusiastic handymen!

This four bedrooms detached property is offered for sale at half the real value when renovated which leaves scope for
getting into the higher end of the property market at low initial investment.
The property has been extended and boasts outbuildings and a good size garden.

The property has unlimited scope for further development and renovation and must be viewed!

Specifications:
The house has two main buildings, a 121smt Bungalow which consists of  2 bedrooms/living rooms, kitchen, and outside kitchen, this is to the right of the main house, this section is unaffected by structural damage.   The main house has 2 bedroom 1  ensuite, 2 kitchens, and a spacious living area, it is the rear section of the living room and kitchen which is in need of structural work.

The land area is to be issued with a new Chanote which will give a true and accurate size in rai, but the estimate is 1.6 rai.

Summary: The house was constructed approximately 9 years ago. The original structure was built to western standards overseen by a western building company. This was the main structure at the foreground of the footprint of the house. Later a rear extension was added and built by a local Thai builder, this is where the main problem is, and it suffers from cracks caused mostly by soil settlement. The house is approximately 270sqm, the rear extension which is affected and in need renovation is approximately 45 sqm.

The house has not been lived in by the owner for 5 years and the Thai family have been living there and have not maintained the house so the house is suffering from lack of basic maintenance. plus it will need some renovation.