Unit ID: U1047230
5% Rental Yield
Wang Thonglang, Wang Thong Lang,Bangkok
฿8,300,000 Great Price
3 Bedrooms
3
Bathrooms
213 SqM
Indoor Area
3
Storeys
Nov 2017
Completed

About This Townhouse

This property is a 213 SqM townhouse with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Wang Thonglang, Bangkok and was completed in Nov 2017. You can buy this townhouse for a base price of ฿8,300,000 (฿38,967/SqM).

Features

Covered ParkingCovered Parking BalconyBalcony Fully RenovatedFully Renovated

Basic Information

Date Listed Dec 14, 2021
Updated 1 month ago
Property Type Townhouse
Storeys 3
Location Wang Thonglang, Bangkok
Bedrooms 3
Nearest Landmark Huai Khwang MRT -3.2 Km
Indoor Area 213 SqM
Price per SqM ฿38,967
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
15 SqM
Plot Size 97.20 SqM
Pets Cats and Dogs (small only)
Townhouse Ownership

Foreign nationals can own the building (townhouse) in their own name, but not the land that it stands on.

Company
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.

Company
Land Title Deed Chanote
Construction Completed (Nov 2017)
Furniture
N/A
View(s) Park View
Unit Type N/A
Parking Spots N/A
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.
฿5,346/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1047230

Investment Opportunity: Charges & Yield

Sale Price
฿8,300,000
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.
฿5,346/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 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 SPACE Ladprao - Mengjai , and the current sales price.
5%

Project Details

Developer: AEH Company Limited
Construction: Completed (Nov 2017)
Units: 94
Project Area: 17,004 SqM
Nearest Landmark Huai Khwang MRT - 3.2 Km
Location: Wang Thonglang, Bangkok
SPACE Ladprao - Mengjai 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
Key card access Key card access

Available Units at SPACE Ladprao - Mengjai

For Sale 3 For Rent 2
Get notified when new homes are being added to SPACE Ladprao - Mengjai
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Frequently Asked Questions

Small dogs (weight under 15 kg), cats and small pets like rabbits, hamsters and guinea pigs are allowed at SPACE Ladprao - Mengjai .
The common area maintenance fee is ฿55 per square meter based on the plot size of the property and is ฿5,346 for this townhouse. 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.
Huai Khwang MRT is the nearest MRT Station from SPACE Ladprao - Mengjai and it is 3.2 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 SPACE Ladprao - Mengjai 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

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
Accommodation that combines good functions in one place
Aston D., Canada, 6 years ago
This hometown project has everything that I need, and it also comes with a beautiful design. Plus, the project location is superb as it's close to department stores, flea markets, shops, restaurants, and government buildings. It's also pretty easy to get anywhere since it takes only a few mins to Lat Phrao MRT, and it isn't far from the main road connecting to all destinations. As for the project atmosphere, I would say that it's perfect. The neighbors are friendly and respectful, and the security system is reliable. So, overall, it's suitable for living.
Bangkok
Wang Thonglang

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby SPACE Ladprao - Mengjai

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
Wang Thonglang, Wang Thong Lang, Bangkok
Number of units
303
Sales Prices
฿6M - ฿6.5M
▼ -7% underpriced
Monthly Rentals
฿30K - ฿45K
Year Built
Dec 2011
Completion Status
Completed
Location
Wang Thonglang, Wang Thong Lang, Bangkok
Number of units
208
Sales Prices
฿6.9M
Monthly Rentals
฿35K
Year Built
N/A
Completion Status
Completed
Location
Wang Thonglang, Wang Thong Lang, Bangkok
Number of units
117
Sales Prices
฿5M
Monthly Rentals
N/A
Year Built
Dec 2000
Completion Status
Completed
Location
Wang Thonglang, Wang Thong Lang, Bangkok
Number of units
209
Sales Prices
฿9.6M
Monthly Rentals
N/A
Year Built
Jan 2006
Completion Status
Completed
Project Name
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Location
Wang Thonglang, Wang Thong Lang, Bangkok
Number of units
170
Sales Prices
฿3.2M
Monthly Rentals
N/A
Year Built
Mar 1996
Completion Status
Completed
Project Name
Atelier Residence
Location
Wang Thonglang, Wang Thong Lang, Bangkok
Number of units
8
Sales Prices
฿150M - ฿170M
Monthly Rentals
N/A
Year Built
Feb 2021
Completion Status
Made To Order
Location
Wang Thonglang, Wang Thong Lang, Bangkok
Number of units
8
Sales Prices
฿95M
Monthly Rentals
฿390K
Year Built
N/A
Completion Status
Off Plan
Location
Wang Thonglang, Wang Thong Lang, Bangkok
Number of units
214
Sales Prices
฿8.76M - ฿8.99M
Monthly Rentals
฿27K - ฿40K
Year Built
Jan 2015
Completion Status
Completed
Project Name
B Square Rama 9
Location
Wang Thonglang, Wang Thong Lang, Bangkok
Number of units
78
Sales Prices
฿14.9M - ฿52M
▼ -5% underpriced
Monthly Rentals
N/A
Year Built
Jan 2014
Completion Status
Completed
Location
Phlapphla, Wang Thong Lang, Bangkok
Number of units
253
Sales Prices
฿2.2M - ฿5.56M
Monthly Rentals
฿10K - ฿20K
Year Built
Jan 2008
Completion Status
Completed
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