Unit ID: U1104594
4% Rental Yield
Tenant-Occupied until Oct 1, 2025
Phlapphla, Wang Thong Lang,Bangkok
฿25,000,000
3 Bedrooms
3
Bathrooms
350 SqM
Indoor Area
2
Storeys
Jan 2012
Completed

About This House

This property is a 350 SqM house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Phlapphla, Bangkok and was completed in Jan 2012. You can buy this house for a base price of ฿25,000,000 (฿71,429/SqM) and it is also available for long term rentals starting from ฿75,000 per month.

Features

Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed Jun 14, 2022
Updated 1 year ago
Property Type House (Single Detached)
Storeys 2
Location Phlapphla, Bangkok
Bedrooms 3
Nearest Landmark Ramkhamhaeng MRT -3.1 Km
Indoor Area 350 SqM
Price per SqM ฿71,429
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 308 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.

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.

Thai Ownership
Land Title Deed Chanote
Construction Completed (Jan 2012)
Furniture
Unfurnished
View(s) Garden View
Unit Type N/A
Parking Spots N/A
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 U1104594

Investment Opportunity: Charges & Yield

Sale Price
฿25,000,000
Rent
฿75,000/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.
28
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

Project Name: Noble Tara Town in Town
Developer: N/A
Construction: Completed (Jan 2012)
Units: 2
Project Area: N/A
Nearest Landmark Ramkhamhaeng MRT - 3.1 Km
Location: Phlapphla, Bangkok
Noble Tara Town in Town Project Details

Project Features

Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at Noble Tara Town in Town

For Sale 2 For Rent 1
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Frequently Asked Questions

All kind of pets are allowed at Noble Tara Town in Town including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Ramkhamhaeng MRT is the nearest MRT Station from Noble Tara Town in Town and it is 3.1 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 Noble Tara Town in 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

Reviews

5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Single House Project in The City Center
Dan A., Thailand, 6 years ago
My girlfriend's family lives in this project. It is a 3-bedroom single-detached house with a usable area of 350 square meters. With its large size, along with the shadiness from various trees, residents receive pure ozone every day. As everyone knows, this neighborhood is close to the Ramintra-Ekamai Expressway, and the price of land in this area is considered very expensive with a convenient location and easy access to various places on Pradit Manutham Road and Ramintra-Ekamai Expressway. That is the reason why those who are wealthy have come to live in this area. Even though the Skytrain project on Ladprao Road is under construction and has not yet been scheduled for service, its shady location causes many people to want to occupy this area in particular. As for the conveniences around the project, there are many shopping and lifestyle malls, such as Central EastVille, and the Crystal Design Center (CDC), which perfectly meet the needs of people who like to chill out. Although the facilities within the project are limited, it's fine because the residents of this area are most likely to do outdoor activities, including fitness, swimming, and boxing. It can be said that there are many communities to choose from to make your life vivid, and you can make a lot of friends. I recommend it to anyone looking for a shady place to stay. This project is very suitable.
Bangkok
Phlapphla

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Noble Tara Town in Town

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
Phlapphla, Wang Thong Lang, Bangkok
Number of units
253
Sales Prices
฿2.2M - ฿5.56M
Monthly Rentals
฿10K - ฿20K
Year Built
Jan 2008
Completion Status
Completed
Location
Phlapphla, Wang Thong Lang, Bangkok
Number of units
42
Sales Prices
฿12M
Monthly Rentals
N/A
Year Built
Mar 2018
Completion Status
Completed
Location
Wang Thonglang, Wang Thong Lang, Bangkok
Number of units
208
Sales Prices
฿6.9M
Monthly Rentals
฿35K
Year Built
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Completion Status
Completed
Project Name
Takka Sriwara
Location
Phlapphla, Wang Thong Lang, Bangkok
Number of units
208
Sales Prices
฿6.8M
Monthly Rentals
N/A
Year Built
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Completion Status
Completed
Project Name
Chaya Villa
Location
Phlapphla, Wang Thong Lang, Bangkok
Number of units
31
Sales Prices
฿9.3M
Monthly Rentals
฿27K
Year Built
Dec 2002
Completion Status
Completed
Project Name
Bodin Suite Home
Location
Phlapphla, Wang Thong Lang, Bangkok
Number of units
526
Sales Prices
฿1.13M - ฿2.89M
Monthly Rentals
฿6K - ฿19.5K
Year Built
Jan 2007
Completion Status
Completed
Location
Phlapphla, Wang Thong Lang, Bangkok
Number of units
1216
Sales Prices
฿360K - ฿440K
Monthly Rentals
N/A
Year Built
Jan 1996
Completion Status
Completed
Location
Phlapphla, Wang Thong Lang, Bangkok
Number of units
34
Sales Prices
฿28.5M - ฿57.9M
▲ 7% overpriced
Monthly Rentals
฿129K
Year Built
Jul 2018
Completion Status
Completed
Project Name
Ma Maison Condo
Location
Phlapphla, Wang Thong Lang, Bangkok
Number of units
242
Sales Prices
฿4.4M - ฿85M
▼ -29% underpriced
Monthly Rentals
฿23K
Year Built
Apr 1995
Completion Status
Completed
Location
Wang Thonglang, Wang Thong Lang, Bangkok
Number of units
209
Sales Prices
฿9.6M
Monthly Rentals
N/A
Year Built
Jan 2006
Completion Status
Completed
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