Unit ID: U1963216
5% Rental Yield
Phraeksa, Mueang Samut Prakan,Samut Prakan
฿3,299,000
3 Bedrooms
2
Bathrooms
115 SqM
Indoor Area
2
Storeys
Jan 2017
Completed

About This House

This property is a 115 SqM house with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Phraeksa, Samut Prakan and was completed in Jan 2017. You can buy this house for a base price of ฿3,299,000 (฿28,687/SqM) and it is also available for long term rentals starting from ฿15,000 per month.

Features

Covered ParkingCovered Parking Access to BTS/MRTAccess to BTS/MRT

Basic Information

Date Listed Nov 5, 2024
Updated 5 hours ago
Property Type House
Storeys 2
Location Phraeksa, Samut Prakan
Bedrooms 3
Nearest Landmark Kheha BTS -6.3 Km
Indoor Area 115 SqM
Price per SqM ฿28,687
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
28 SqM
Plot Size 142.80 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 Nor Sor 3 Gor
Construction Completed (Jan 2017)
Furniture
Unfurnished
View(s) City 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.
฿12,875/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1963216

Investment Opportunity: Charges & Yield

Sale Price
฿3,299,000
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.
฿12,875/mo
Rent
฿15,000/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.
18
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: N/A
Construction: Completed (Feb 2018)
Units: 364
Project Area: N/A
Nearest Landmark Kheha BTS - 6.3 Km
Location: Phraeksa, Samut Prakan
The Trust Srinakarin-Praeksa Project Details

Project Features

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

Available Units at The Trust Srinakarin-Praeksa

For Sale 2 For Rent 1
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Frequently Asked Questions

No pets are allowed at The Trust Srinakarin-Praeksa unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Kheha BTS is the nearest BTS Station from The Trust Srinakarin-Praeksa and it is 6.3 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 Trust Srinakarin-Praeksa 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
Phraeksa

Neighborhood Overview

Location and Neighborhood

Street View

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