Unit ID: U1413348
5% Rental Yield
Racha Thewa, Bang Phli,Samut Prakan
฿7,950,000
3 Bedrooms
2
Bathrooms
132 SqM
Indoor Area
3
Storeys
Oct 2022
Completed

About This House

This property is a 132 SqM house with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Racha Thewa, Samut Prakan and was completed in Oct 2022. You can buy this house for a base price of ฿7,950,000 (฿60,227/SqM) and it is also available for long term rentals starting from ฿35,000 per month.

Features

TerraceTerrace Covered ParkingCovered Parking Corner UnitCorner Unit BalconyBalcony

Basic Information

Date Listed May 23, 2023
Updated 1 year ago
Property Type House (Single Detached)
Storeys 3
Location Racha Thewa, Samut Prakan
Bedrooms 3
Nearest Landmark Suvarnabhumi ARL -4.3 Km
Indoor Area 132 SqM
Price per SqM ฿60,227
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 132 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 (Oct 2022)
Furniture
Unfurnished
View(s) Unblocked Open View
Unit Type N/A
Parking Spots 3
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 U1413348

Investment Opportunity: Charges & Yield

Sale Price
฿7,950,000
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.
19
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.
5%

Project Details

Developer: Pruksa Real Estate
Construction: Completed (Feb 2018)
Units: 418
Project Area: 57,921 SqM
Nearest Landmark Suvarnabhumi ARL - 4.3 Km
Location: Racha Thewa, Samut Prakan
The Connect Suvarnabhumi 4 Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Kids Pool Kids Pool
Communal Garden Area Communal Garden Area
Key card access Key card access

Available Units at The Connect Suvarnabhumi 4

For Sale 3 For Rent 3
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Frequently Asked Questions

All kind of pets are allowed at The Connect Suvarnabhumi 4 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Suvarnabhumi ARL is the nearest Airport Rail Link Station from The Connect Suvarnabhumi 4 and it is 4.3 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 Connect Suvarnabhumi 4 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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Samut Prakan
Racha Thewa

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Connect Suvarnabhumi 4

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
Racha Thewa, Bang Phli, Samut Prakan
Number of units
209
Sales Prices
฿2.47M
Monthly Rentals
N/A
Year Built
Aug 2017
Completion Status
Completed
Location
Racha Thewa, Bang Phli, Samut Prakan
Number of units
247
Sales Prices
฿3.88M - ฿4.54M
Monthly Rentals
N/A
Year Built
Jan 2012
Completion Status
Completed
Location
Racha Thewa, Bang Phli, Samut Prakan
Number of units
152
Sales Prices
฿20.7M - ฿45.4M
▼ -25% underpriced
Monthly Rentals
฿90.7K
Year Built
Nov 2011
Completion Status
Completed
Location
Prawet, Bang Phli, Samut Prakan
Number of units
250
Sales Prices
฿12.1M
Monthly Rentals
฿45.4K - ฿55.4K
Year Built
Dec 2016
Completion Status
Completed
Location
Racha Thewa, Bang Phli, Samut Prakan
Number of units
24
Sales Prices
฿12.4M - ฿18.6M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Location
Prawet, Bang Phli, Samut Prakan
Number of units
227
Sales Prices
฿5.24M
Monthly Rentals
฿30.2K - ฿35.3K
Year Built
Oct 2020
Completion Status
Completed
Location
Racha Thewa, Bang Phli, Samut Prakan
Number of units
178
Sales Prices
฿10.2M - ฿10.5M
Monthly Rentals
฿242K
Year Built
Jan 2010
Completion Status
Completed
Location
Racha Thewa, Bang Phli, Samut Prakan
Number of units
199
Sales Prices
฿3.52M - ฿3.78M
Monthly Rentals
N/A
Year Built
Jun 2016
Completion Status
Completed
Location
Dokmai, Bang Phli, Samut Prakan
Number of units
51
Sales Prices
฿42.2M - ฿63.5M
Monthly Rentals
N/A
Year Built
Jan 2022
Completion Status
Completed
Location
Dokmai, Bang Phli, Samut Prakan
Number of units
226
Sales Prices
฿10.3M - ฿17.1M
▼ -11.5% underpriced
Monthly Rentals
฿45.4K
Year Built
Dec 2013
Completion Status
Completed
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