Unit ID: U61435
5% Rental Yield
Suan Luang, Suan Luang,Bangkok
฿4,000,000 ฿4,290,000 Great Price
2 Bedrooms
2
Bathrooms
100 SqM
Indoor Area
2
Storeys
Dec 2014
Completed

About This Townhouse

This property is a 100 SqM townhouse with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Suan Luang, Bangkok and was completed in Dec 2014. You can buy this townhouse for a base price of ฿4,000,000 (฿40,000/SqM).

Features

Covered ParkingCovered Parking

Basic Information

Date Listed Jan 18, 2018
Updated 1 year ago
Property Type Townhouse
Storeys 2
Location Suan Luang, Bangkok
Bedrooms 2
Nearest Landmark Hua Mak ARL -3.2 Km
Indoor Area 100 SqM
Price per SqM ฿40,000
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 96 SqM
Pets Not Allowed
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.

N/A
Land Title Deed N/A
Construction Completed (Dec 2014)
Furniture
A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
Fully Furnished
View(s) N/A
Unit Type Type 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.
฿3,800/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U61435

Investment Opportunity: Charges & Yield

Sale Price
฿4,000,000
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.
฿3,800/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.
20
Rental Yield
This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 2 bedroom townhouses at The Connect Pattanakarn 38, and the current sales price.
5%

Project Details

Developer: Pruksa Real Estate
Construction: Completed (Dec 2014)
Units: 366
Project Area: 65,869 SqM
Nearest Landmark Hua Mak ARL - 3.2 Km
Location: Suan Luang, Bangkok
The Connect Pattanakarn 38 Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking

Available Units at The Connect Pattanakarn 38

For Sale 2 For Rent 8
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Frequently Asked Questions

All kind of pets are allowed at The Connect Pattanakarn 38 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is ฿38 per square meter based on the size of indoor area of the property and is ฿3,800 for this townhouse. This fee has to be paid by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
Hua Mak ARL is the nearest Airport Rail Link Station from The Connect Pattanakarn 38 and it is 3.2 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 Connect Pattanakarn 38 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

4.5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A great townhome in a good location
Myra La., Thailand, 6 years ago
I've been in this house for almost a year now. This house is perfect for me since the atmosphere is so peaceful and private. At the same time, it's so easy to get anywhere since it's close to Huamark ARL. Plus, there are complete facilities in the common area and a reliable security system. My house comes with a modern design, and the highlight is the large garden which is suitable for relaxing. Overall, I'm not disappointed at all when buying a townhome. Also, it's suitable for those who are tired of the congestion and the hustle and bustle of the city.
Bangkok
Suan Luang

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Connect Pattanakarn 38

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
Location
Suan Luang, Suan Luang, Bangkok
Number of units
178
Sales Prices
฿10.8M
▲ 5% overpriced
Monthly Rentals
฿40K - ฿90K
Year Built
Nov 2019
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
112
Sales Prices
฿9.2M - ฿15M
▼ -7% underpriced
Monthly Rentals
฿45K - ฿60K
Year Built
Jun 2017
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
55
Sales Prices
฿4.3M
Monthly Rentals
N/A
Year Built
Jan 2015
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
178
Sales Prices
฿9.3M - ฿13.2M
Monthly Rentals
฿45K - ฿95K
Year Built
Mar 2015
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
177
Sales Prices
฿45M - ฿49M
Monthly Rentals
฿100K - ฿180K
Year Built
Feb 2005
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
74
Sales Prices
฿7.2M - ฿11.5M
▼ -16% underpriced
Monthly Rentals
฿35K - ฿45K
Year Built
Dec 2018
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
166
Sales Prices
฿14.7M - ฿18M
Monthly Rentals
฿45K - ฿60K
Year Built
Jul 2012
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
22
Sales Prices
฿23.4M - ฿27.7M
Monthly Rentals
N/A
Year Built
Dec 2020
Completion Status
Completed
Project Name
Varathorn Ville
Location
Suan Luang, Suan Luang, Bangkok
Number of units
114
Sales Prices
฿6.9M - ฿7.2M
Monthly Rentals
฿33K - ฿35K
Year Built
Jan 2013
Completion Status
Completed
Project Name
Vivid Tower
Location
Suan Luang, Suan Luang, Bangkok
Number of units
345
Sales Prices
฿850K - ฿4.95M
▲ 33% overpriced
Monthly Rentals
฿12K - ฿13.5K
Year Built
Dec 1994
Completion Status
Completed
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