Unit ID: U1971399
11% Rental Yield
Suan Luang, Suan Luang,Bangkok
฿27,800,000
3 Bedrooms
4
Bathrooms
426 SqM
Indoor Area
3
Storeys
Completed

About This House

This property is a 426 SqM house with 3 bedrooms and 4 bathrooms that is available for sale. It is part of the project in Suan Luang, Bangkok. You can buy this house for a base price of ฿27,800,000 (฿65,258/SqM).

Features

Private GardenPrivate Garden

Basic Information

Date Listed Nov 18, 2024
Updated 2 weeks ago
Property Type House
Storeys 3
Location Suan Luang, Bangkok
Bedrooms 3
Nearest Landmark Hua Mak ARL -3.1 Km
Indoor Area 426 SqM
Price per SqM ฿65,258
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 N/A
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.

N/A
Land Title Deed N/A
Construction Completed
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) Unblocked Open 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 Government Rate
Water Price Government Rate
Unit ID U1971399

Investment Opportunity: Charges & Yield

Sale Price
฿27,800,000
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.
9
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 The Ava Residence, and the current sales price.
11%

Project Details

Project Name: The Ava Residence
Developer: Areeya Property
Construction: Completed (Dec 2019)
Units: 94
Project Area: 50,150 SqM
Nearest Landmark Hua Mak ARL - 3.1 Km
Location: Suan Luang, Bangkok
The Ava Residence Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Communal Garden Area Communal Garden Area

Popular Facilities at The Ava Residence

  • Clubhouse
    Ground Floor
  • Communal Pool
    1st Floor
  • Communal Gym
    1st Floor

Available Units at The Ava Residence

For Sale 3 For Rent 2
Get notified when new homes are being added to The Ava Residence
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Frequently Asked Questions

All kind of pets are allowed at The Ava Residence including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is ฿60 per square meter based on the plot size of the property and is 0 for this house. This fee has to be paid by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
Hua Mak ARL is the nearest Airport Rail Link Station from The Ava Residence 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 The Ava Residence you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer
Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
2nd Installment
Upon contract signing
฿800,000
3rd Installment
On handover
100%


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

4.5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Luxury detached house in On Nut area
Felix Braun, United States, 7 years ago
I bought a house in this project since it was launched on the market. The project is in a great location in the On Nut neighborhood, surrounded by all necessary amenities, such as shopping malls, hospitals, markets, and easy access to public transportation. Within the project, there is a multi-layer security system and various common areas. Most importantly, a house's design is very elegant and modern. I liked it at first sight. My house is a LA VIE II house. The interior space is light and airy, and the materials are of excellent quality. I love this project very much.
Bangkok
Suan Luang

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Ava Residence

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
198
Sales Prices
฿6.53M - ฿14.3M
Monthly Rentals
฿38.2K - ฿40.2K
Year Built
Dec 2013
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
832
Sales Prices
฿1.3M - ฿2.82M
▲ 8.9% overpriced
Monthly Rentals
฿8.55K - ฿12.1K
Year Built
Dec 2013
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
832
Sales Prices
฿1.3M - ฿1.86M
▼ -10% underpriced
Monthly Rentals
฿7.04K - ฿12.1K
Year Built
Dec 2006
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
51
Sales Prices
฿11.4M - ฿12.6M
▲ 14% overpriced
Monthly Rentals
N/A
Year Built
Dec 2012
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
1450
Sales Prices
฿1.26M - ฿2.64M
▼ -36.5% underpriced
Monthly Rentals
฿7.04K - ฿17.6K
Year Built
Oct 2014
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
446
Sales Prices
฿1.36M - ฿3.51M
▼ -24% underpriced
Monthly Rentals
N/A
Year Built
Jan 2008
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
N/A
Sales Prices
฿3.52M
Monthly Rentals
฿15.1K
Year Built
Jan 1994
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
125
Sales Prices
฿5.33M - ฿6.41M
▼ -28% underpriced
Monthly Rentals
฿35.2K
Year Built
Mar 2010
Completion Status
Completed
Project Name
Atmoz Oasis Onnut
Location
Suan Luang, Suan Luang, Bangkok
Number of units
1110
Sales Prices
฿2.27M - ฿2.86M
Monthly Rentals
฿8.55K - ฿12.1K
Year Built
Dec 2023
Completion Status
Completed
Project Name
Pruksa Ville 73
Location
Suan Luang, Suan Luang, Bangkok
Number of units
470
Sales Prices
฿4.22M - ฿8.24M
Monthly Rentals
฿26.1K - ฿40.2K
Year Built
Dec 2016
Completion Status
Completed
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