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    3 Bedroom House for sale at The Grand Rama 2
    Phanthai Norasing, Mueang Samut Sakhon,Samut Sakhon
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    Sale Price
    ฿5,850,000
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    3 Bedroom House for sale at The Grand Rama 2
     (Write Review)
    Unit ID: U84966
    4% Rental Yield
    Phanthai Norasing, Mueang Samut Sakhon,Samut Sakhon
    ฿5,850,000
    3 Bedrooms
    3
    Bathrooms
    138 SqM
    Indoor Area
    2
    Storeys
    Dec 2017
    Completed
    18
    Sale Price
    ฿5,850,000

    About This House

    This property is a 138 SqM house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Phanthai Norasing, Samut Sakhon and was completed in Dec 2017. You can buy this house for a base price of ฿5,850,000 (฿42,391/SqM).

    Features

    Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

    Basic Information

    Date Listed Oct 9, 2019
    Updated 4 years ago
    Property Type House
    Storeys 2
    Location Phanthai Norasing, Samut Sakhon
    Bedrooms 3
    Nearest Landmark Lak Song BTS -12.4 Km
    Indoor Area 138 SqM
    Price per SqM ฿42,391
    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 275.20 SqM
    Pets Not 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 N/A
    Construction Completed (Dec 2017)
    Furniture
    Unfurnished
    View(s) Garden View
    Unit Type N/A
    Parking Spots 1
    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.
    ฿2,477/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U84966

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿5,850,000
    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.
    ฿2,477/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.
    23
    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 Grand Rama 2, and the current sales price.
    4%

    Project Details

    Project Name: The Grand Rama 2
    Developer: Golden Land
    Construction: Completed (Dec 2017)
    Units: 545
    Project Area: N/A
    Nearest Landmark Lak Song BTS - 12.4 Km
    Location: Phanthai Norasing, Samut Sakhon
    The Grand Rama 2 Project Details

    Project Features

    Communal Pool Communal Pool
    Communal Gym Communal Gym
    Clubhouse Clubhouse
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Steam Room Steam Room
    Sauna Sauna

    Available Units at The Grand Rama 2

    For Sale 11 For Rent 3
    • All
    • 3 Beds
    • 4 Beds
    • 5 Beds
    Get notified when new homes are being added to The Grand Rama 2
    View All (11)

    Loan Calculator

    Frequently Asked Questions

    All kind of pets are allowed at The Grand Rama 2 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    The common area maintenance fee is ฿9 per square meter based on the plot size of the property and is ฿2,477 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.
    Lak Song BTS is the nearest BTS Station from The Grand Rama 2 and it is 12.4 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 Grand Rama 2 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 Sakhon
    Phanthai Norasing

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