Unit ID: U1918249
4% Rental Yield
Bang Kaeo, Bang Phli,Samut Prakan
฿17,000,000
3 Bedrooms
3
Bathrooms
172 SqM
Size
4
Floor
Nov 2017
Completed

About This Condo

This property is a 172 SqM condo with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Magnolias Southern California project in Bang Kaeo, Samut Prakan and was completed in Nov 2017. You can buy this condo for a base price of ฿17,000,000 (฿98,837/SqM) and it is also available for long term rentals starting from ฿60,000 per month.

Like New 3 bedroom 3 bath - Completely refurbished Aug 2024

Area 172sq m.- 4th floor- 3 bedrooms, 3 bathrooms- 1 dressing room- Outdoor area- Washing area- Parking for 2 cars (fixed)------------------------------------------------------------------Facilities- Swimming pool- Fitness room- 24 hour security system------------------------------------------------------------------Near- Mega and IKEA Bangna- Tesco Lotus Bangna- Concordian International School- Ratwinit Bang Kaeo School- Prince Suvarnabhumi Hospital- Sikarin Hospital- Thainakarin Hospital- Suvarnabhumi Airport

Features

Pool AccessPool Access Garden AccessGarden Access Covered ParkingCovered Parking Fully RenovatedFully Renovated (2024)

Basic Information

Date Listed Aug 24, 2024
Updated 2 weeks ago
Property Type Condo
Floor 4
Bedrooms 3
Size 172 SqM
Price per SqM ฿98,837
Pets Cats and Dogs (all sizes)
Condo Ownership

Foreign nationals can own condominium units as freehold owners in buildings where no more than 49% of the unit floor space is owned by foreigners. Units that are part of the Thai quota or are being leased for 30 years can be converted to the foreign freehold quota if it is currently below 49%.

Foreign Quota
Furniture
Unfurnished
View(s) Garden View
Unit Type N/A
Building 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 U1918249

Investment Opportunity: Charges & Yield

Sale Price
฿17,000,000
Rent
฿60,000/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.
24
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.
4%

Project Details

Developer: N/A
Construction: Completed (Nov 2017)
Floors: 5
Buildings: N/A
Units: 51
Project Area: N/A
Nearest Landmark Bang Na BTS - 8 Km
Location: Bang Kaeo, Samut Prakan
Magnolias Southern California Project Details

Project Features

Jacuzzi Jacuzzi
Bar Bar
Clubhouse Clubhouse
CCTV (Video Surveillance) CCTV (Video Surveillance)
Spa Spa

Available Units at Magnolias Southern California

For Sale 4 For Rent 7
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Frequently Asked Questions

All kind of pets are allowed at Magnolias Southern California including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Bang Na BTS is the nearest BTS Station from Magnolias Southern California and it is 8 km away.

Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.

In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name.  The ownership titles of these 49 units is referred to as Freehold or Foreign Quota. 

This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.

 

Read more here

After you have found the right property at Magnolias Southern California you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


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

2.8 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Do not rent #79
Chalain Brazzell, Current Resident, 2 years ago
Do not rent condos here, especially 199/79. They charge a 70,000 deposit and we know of three different cases now where foreigner teachers from Concordian have lost the entire deposit. Our air conditioner was nearly 20 years old resulting in electricity bills of nearly 10,000 baht each month because they refused to replace it.
Samut Prakan
Bang Kaeo

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Magnolias Southern California

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Monthly Rentals
Year Built
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Project Name
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฿3.77M - ฿4.66M
Monthly Rentals
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Year Built
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Completion Status
Completed
Location
Bang Kaeo, Bang Phli, Samut Prakan
Number of units
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Sales Prices
฿11.5M
Monthly Rentals
฿80.1K - ฿90.2K
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Completion Status
Completed
Location
Bang Kaeo, Bang Phli, Samut Prakan
Number of units
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Sales Prices
฿11M - ฿11.9M
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Monthly Rentals
฿55.1K - ฿60.1K
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Completion Status
Completed
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