Unit ID: U1132592
8% Rental Yield
Tenant-Occupied until May 1, 2025
Bang Khae Nuea, Bang Khae,Bangkok
฿5,000,000
3 Bedrooms
2
Bathrooms
167 SqM
Indoor Area
2
Storeys
Dec 2009
Completed

About This House

This property is a 167 SqM house with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Bang Khae Nuea, Bangkok and was completed in Dec 2009. You can buy this house for a base price of ฿5,000,000 (฿29,940/SqM) and it is also available for long term rentals starting from ฿35,000 per month.

Features

Private GardenPrivate Garden TerraceTerrace Corner UnitCorner Unit BalconyBalcony

Basic Information

Date Listed Jul 25, 2022
Updated 4 months ago
Property Type House (Single Detached)
Storeys 2
Location Bang Khae Nuea, Bangkok
Bedrooms 3
Nearest Landmark Bang Wa BTS -3.6 Km
Indoor Area 167 SqM
Price per SqM ฿29,940
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 148 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 (Dec 2009)
Furniture
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) Garden View
Unit Type N/A
Parking Spots 2
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 U1132592

Investment Opportunity: Charges & Yield

Sale Price
฿5,000,000
Rent
฿35,000/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.
12
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.
8%

Project Details

Project Name: Teerin Phetkasem 48
Construction: Completed (Dec 2009)
Units: 138
Project Area: N/A
Nearest Landmark Bang Wa BTS - 3.6 Km
Location: Bang Khae Nuea, Bangkok
Teerin Phetkasem 48 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 Teerin Phetkasem 48

For Sale 2 For Rent 1
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Frequently Asked Questions

All kind of pets are allowed at Teerin Phetkasem 48 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Bang Wa BTS is the nearest BTS Station from Teerin Phetkasem 48 and it is 3.6 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 Teerin Phetkasem 48 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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Bang Khae Nuea

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Teerin Phetkasem 48

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Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
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Year Built
Completion Status
Location
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Number of units
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Monthly Rentals
฿8.01K - ฿20K
Year Built
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Location
Bang Khae Nuea, Bang Khae, Bangkok
Number of units
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Sales Prices
฿10.3M
Monthly Rentals
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Year Built
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Location
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฿1.89M - ฿1.97M
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Number of units
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▼ -40% underpriced
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Year Built
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Completion Status
Completed
Location
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Number of units
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Monthly Rentals
N/A
Year Built
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Completion Status
Completed
Location
Bang Khae, Bang Khae, Bangkok
Number of units
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Sales Prices
฿2.5M
Monthly Rentals
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Year Built
Jan 2010
Completion Status
Completed
Location
Bang Wa, Bang Khae, Bangkok
Number of units
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Sales Prices
฿2.89M
Monthly Rentals
฿11K - ฿23K
Year Built
Jan 2023
Completion Status
Completed
Location
Bang Wa, Bang Khae, Bangkok
Number of units
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Sales Prices
฿2.19M - ฿6.01M
▲ 0.8% overpriced
Monthly Rentals
฿9.01K - ฿28K
Year Built
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Completion Status
Completed
Location
Bang Khae, Bang Khae, Bangkok
Number of units
79
Sales Prices
฿1.9M - ฿4.61M
Monthly Rentals
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Year Built
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Completion Status
Completed
Location
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Number of units
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Sales Prices
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Monthly Rentals
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Year Built
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