Unit ID: U1684428
8% Rental Yield
Suan Luang, Suan Luang,Bangkok
฿8,200,000
3 Bedrooms
2.5
Bathrooms
145 SqM
Indoor Area
2
Storeys
Dec 2016
Completed

About This House

This property is a 145 SqM house with 3 bedrooms and 2.5 bathrooms that is available for sale. It is part of the project in Suan Luang, Bangkok and was completed in Dec 2016. You can buy this house for a base price of ฿8,200,000 (฿56,552/SqM).

Features

TerraceTerrace Covered ParkingCovered Parking BalconyBalcony MicrowaveMicrowave TVTV

Basic Information

Date Listed Oct 25, 2023
Updated 9 months ago
Property Type House (Single Detached)
Storeys 2
Location Suan Luang, Bangkok
Bedrooms 3
Nearest Landmark The Nine Center Rama 9 -2.6 Km
Indoor Area 145 SqM
Price per SqM ฿56,552
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 168 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.

N/A
Land Title Deed N/A
Construction Completed (Dec 2016)
Furniture
N/A
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 U1684428

Investment Opportunity: Charges & Yield

Sale Price
฿8,200,000
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.
12
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 Pruksa Ville 73, and the current sales price.
8%

Project Details

Project Name: Pruksa Ville 73
Developer: Pruksa Real Estate
Construction: Completed (Dec 2016)
Units: 470
Project Area: 83,927 SqM
Nearest Landmark The Nine Center Rama 9 - 2.6 Km
Location: Suan Luang, Bangkok
Pruksa Ville 73 Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Communal Garden Area Communal Garden Area

Available Units at Pruksa Ville 73

For Sale 3 For Rent 3
Get notified when new homes are being added to Pruksa Ville 73
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Frequently Asked Questions

All kind of pets are allowed at Pruksa Ville 73 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The Nine Center Rama 9 is the nearest Shopping Mall from Pruksa Ville 73 and it is 2.6 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 Pruksa Ville 73 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 Pruksa Ville 73

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
456
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฿3.55M
▼ -7% underpriced
Monthly Rentals
฿20.7K - ฿24.2K
Year Built
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Completion Status
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Location
Suan Luang, Suan Luang, Bangkok
Number of units
179
Sales Prices
฿17.8M - ฿29.4M
▲ 16% overpriced
Monthly Rentals
฿78.9K - ฿178K
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Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
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฿4.78M - ฿6.12M
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฿27.6K - ฿34.5K
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Location
Suan Luang, Suan Luang, Bangkok
Number of units
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฿3.74M - ฿8.58M
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฿44.4K - ฿51.3K
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Completed
Location
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฿1.27M - ฿1.82M
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฿6.91K - ฿11.8K
Year Built
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Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
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Sales Prices
฿1.27M - ฿2.76M
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Monthly Rentals
฿8.38K - ฿11.8K
Year Built
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Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
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Sales Prices
฿9.08M - ฿14.8M
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Monthly Rentals
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Year Built
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Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
166
Sales Prices
฿14.5M - ฿17.8M
Monthly Rentals
฿44.4K - ฿59.2K
Year Built
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Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
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Sales Prices
฿7.1M - ฿11.3M
▼ -16% underpriced
Monthly Rentals
฿34.5K - ฿44.4K
Year Built
Dec 2018
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
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Sales Prices
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Monthly Rentals
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Year Built
Mar 2015
Completion Status
Completed
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