Unit ID: U1665366
8% Rental Yield
Suan Luang, Suan Luang,Bangkok
฿9,500,000
3 Bedrooms
2
Bathrooms
135 SqM
Indoor Area
2
Storeys
Mar 2015
Completed

About This House

This property is a 135 SqM house with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Suan Luang, Bangkok and was completed in Mar 2015. You can buy this house for a base price of ฿9,500,000 (฿70,370/SqM).

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony TVTV

Basic Information

Date Listed Sep 13, 2023
Updated 1 year ago
Property Type House (Single Detached)
Storeys 2
Location Suan Luang, Bangkok
Bedrooms 3
Nearest Landmark Ramkhamhaeng ARL -3.8 Km
Indoor Area 135 SqM
Price per SqM ฿70,370
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 152 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.

N/A
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 (Mar 2015)
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) 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
Each listing provided by partnered agents is individually verified by BPP. Partner Agents work for different brokerages or property management companies but have teamed up with BPP so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1665366

Investment Opportunity: Charges & Yield

Sale Price
฿9,500,000
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.
13
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 3 bedroom houses at Passorn Prestige Luxe Pattanakarn 38, and the current sales price.
8%

Project Details

Developer: N/A
Construction: Completed (Mar 2015)
Units: 178
Project Area: N/A
Nearest Landmark Ramkhamhaeng ARL - 3.8 Km
Location: Suan Luang, Bangkok
Passorn Prestige Luxe Pattanakarn 38 Project Details

Project Features

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

Available Units at Passorn Prestige Luxe Pattanakarn 38

For Sale 2 For Rent 2
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Frequently Asked Questions

All kind of pets are allowed at Passorn Prestige Luxe Pattanakarn 38 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Ramkhamhaeng ARL is the nearest Airport Rail Link Station from Passorn Prestige Luxe Pattanakarn 38 and it is 3.8 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 Passorn Prestige Luxe 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

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Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Passorn Prestige Luxe 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
74
Sales Prices
฿7.26M - ฿11.6M
▼ -16% underpriced
Monthly Rentals
฿35.3K - ฿45.4K
Year Built
Dec 2018
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
55
Sales Prices
฿4.33M
Monthly Rentals
N/A
Year Built
Jan 2015
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
166
Sales Prices
฿13.6M - ฿18.1M
Monthly Rentals
฿45.4K - ฿60.5K
Year Built
Jul 2012
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
112
Sales Prices
฿9.27M - ฿15.1M
▼ -7% underpriced
Monthly Rentals
฿45.4K - ฿70.6K
Year Built
Jun 2017
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
366
Sales Prices
฿4.03M - ฿7.56M
▼ -18% underpriced
Monthly Rentals
฿25.2K - ฿30.2K
Year Built
Dec 2014
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
178
Sales Prices
฿10.9M - ฿25.1M
▲ 5% overpriced
Monthly Rentals
฿40.3K - ฿90.7K
Year Built
Nov 2019
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
87
Sales Prices
฿18M - ฿36.2M
▼ -13% underpriced
Monthly Rentals
฿222K
Year Built
Jun 2017
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
87
Sales Prices
฿3.53M
Monthly Rentals
฿17.1K
Year Built
Jan 2004
Completion Status
Completed
Project Name
Varathorn Ville
Location
Suan Luang, Suan Luang, Bangkok
Number of units
114
Sales Prices
฿6.96M - ฿7.26M
Monthly Rentals
฿33.3K - ฿35.3K
Year Built
Jan 2013
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
456
Sales Prices
฿3.63M
▼ -7% underpriced
Monthly Rentals
฿21.2K - ฿24.7K
Year Built
Aug 2015
Completion Status
Completed
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