Unit ID: U1750970
5% Rental Yield
Suan Luang, Suan Luang,Bangkok
฿6,350,000
3 Bedrooms
2
Bathrooms
171 SqM
Indoor Area
3
Storeys
Jan 2014
Completed

About This Townhouse

This property is a 171 SqM townhouse with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Suan Luang, Bangkok and was completed in Jan 2014. You can buy this townhouse for a base price of ฿6,350,000 (฿37,135/SqM).

Features

TerraceTerrace Covered ParkingCovered Parking Corner UnitCorner Unit BalconyBalcony

Basic Information

Date Listed Mar 4, 2024
Updated 8 months ago
Property Type Townhouse
Storeys 3
Location Suan Luang, Bangkok
Bedrooms 3
Nearest Landmark Hua Mak ARL -2.6 Km
Indoor Area 171 SqM
Price per SqM ฿37,135
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
52 SqM
Plot Size 132 SqM
Pets All Kind of Pets Allowed
Townhouse Ownership

Foreign nationals can own the building (townhouse) 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 (Jan 2014)
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) Skyline View, Garden 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.
฿1,300/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1750970

Investment Opportunity: Charges & Yield

Sale Price
฿6,350,000
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.
฿1,300/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.
20
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 townhouses at Patio Pattanakarn 38, and the current sales price.
5%

Project Details

Project Name: Patio Pattanakarn 38
Developer: N/A
Construction: Completed (Jan 2014)
Units: 223
Project Area: N/A
Nearest Landmark Hua Mak ARL - 2.6 Km
Location: Suan Luang, Bangkok
Patio Pattanakarn 38 Project Details

Project Features

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

Available Units at Patio Pattanakarn 38

For Sale 2 For Rent 1
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Frequently Asked Questions

All kind of pets are allowed at Patio Pattanakarn 38 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Hua Mak ARL is the nearest Airport Rail Link Station from Patio Pattanakarn 38 and it is 2.6 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 Patio Pattanakarn 38 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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Suan Luang

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Patio Pattanakarn 38

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
28
Sales Prices
฿100M - ฿196M
Monthly Rentals
฿500K - ฿650K
Year Built
May 2023
Completion Status
Completed
Project Name
Baan Pattanakarn
Location
Suan Luang, Suan Luang, Bangkok
Number of units
20
Sales Prices
฿54M
Monthly Rentals
N/A
Year Built
Jan 2003
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
438
Sales Prices
฿3.79M - ฿8.7M
▲ 5% overpriced
Monthly Rentals
฿43K - ฿52K
Year Built
Dec 2013
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
166
Sales Prices
฿13.5M - ฿18M
Monthly Rentals
฿45K - ฿60K
Year Built
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Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
74
Sales Prices
฿7.2M - ฿11.5M
▼ -16% underpriced
Monthly Rentals
฿35K - ฿45K
Year Built
Dec 2018
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
482
Sales Prices
฿4.85M - ฿6.2M
▼ -26% underpriced
Monthly Rentals
฿28K - ฿35K
Year Built
Dec 2015
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
36
Sales Prices
฿155M - ฿400M
▼ -6% underpriced
Monthly Rentals
฿330K - ฿800K
Year Built
Sep 2018
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
146
Sales Prices
฿6.08M - ฿18M
▼ -28% underpriced
Monthly Rentals
฿25K - ฿90K
Year Built
Dec 1996
Completion Status
Completed
Project Name
Pran Pattanakarn
Location
Suan Luang, Suan Luang, Bangkok
Number of units
5
Sales Prices
฿29.9M - ฿47.9M
▲ 17.5% overpriced
Monthly Rentals
N/A
Year Built
May 2021
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
179
Sales Prices
฿18M - ฿29.8M
▲ 16% overpriced
Monthly Rentals
฿80K - ฿180K
Year Built
Apr 2016
Completion Status
Completed
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