Unit ID: U621092
12% Rental Yield
Bang Nam Chuet, Mueang Samut Sakhon,Samut Sakhon
฿9,900,000
4 Bedrooms
3
Bathrooms
197 SqM
Indoor Area
2
Storeys
Dec 2019
Completed

About This House

This property is a 197 SqM house with 4 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Bang Nam Chuet, Samut Sakhon and was completed in Dec 2019. You can buy this house for a base price of ฿9,900,000 (฿50,254/SqM).

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking

Basic Information

Date Listed Jun 18, 2020
Updated N/A
Property Type House
Storeys 2
Location Bang Nam Chuet, Samut Sakhon
Bedrooms 4
Nearest Landmark Lak Song MRT -12 Km
Indoor Area 197 SqM
Price per SqM ฿50,254
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 404 SqM
Pets N/A
House Ownership

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

Thai Ownership, 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.

Thai Ownership, Company
Land Title Deed N/A
Construction Completed (Dec 2019)
Furniture
Unfurnished
View(s) Garden View
Unit Type Meadow
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.
฿4,848/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U621092

Investment Opportunity: Charges & Yield

Sale Price
฿9,900,000
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.
฿4,848/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.
8
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 4 bedroom houses at Lake Serene Rama 2, and the current sales price.
12%

Project Details

Project Name: Lake Serene Rama 2
Developer: RISLAND (Thailand)
Construction: Completed (Dec 2019)
Units: 485
Project Area: N/A
Nearest Landmark Lak Song MRT - 12 Km
Location: Bang Nam Chuet, Samut Sakhon
Lake Serene 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)

Available Units at Lake Serene Rama 2

For Sale 3 For Rent 1
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Frequently Asked Questions

The common area maintenance fee is ฿12 per square meter based on the plot size of the property and is ฿4,848 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 MRT is the nearest MRT Station from Lake Serene Rama 2 and it is 12 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 Lake Serene 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
Bang Nam Chuet

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Lake Serene Rama 2

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
Bang Nam Chuet, Mueang Samut Sakhon, Samut Sakhon
Number of units
299
Sales Prices
฿25M
Monthly Rentals
N/A
Year Built
Jan 2019
Completion Status
Completed
Location
Bang Nam Chuet, Mueang Samut Sakhon, Samut Sakhon
Number of units
210
Sales Prices
฿3.99M
Monthly Rentals
N/A
Year Built
Sep 2021
Completion Status
Completed
Project Name
The Grand Rama 2
Location
Phanthai Norasing, Mueang Samut Sakhon, Samut Sakhon
Number of units
545
Sales Prices
฿4.59M - ฿84.9M
Monthly Rentals
฿20K - ฿30K
Year Built
Dec 2017
Completion Status
Completed
Location
Samae Dam, Mueang Samut Sakhon, Samut Sakhon
Number of units
82
Sales Prices
฿21M - ฿28M
Monthly Rentals
N/A
Year Built
Dec 2009
Completion Status
Completed
Project Name
Golden Neo Rama 2
Location
Phanthai Norasing, Mueang Samut Sakhon, Samut Sakhon
Number of units
168
Sales Prices
฿3.6M - ฿3.65M
Monthly Rentals
N/A
Year Built
Jan 2019
Completion Status
Completed
Location
Samae Dam, Mueang Samut Sakhon, Samut Sakhon
Number of units
812
Sales Prices
฿550K
Monthly Rentals
N/A
Year Built
Jan 2008
Completion Status
Completed
Location
Phanthai Norasing, Mueang Samut Sakhon, Samut Sakhon
Number of units
381
Sales Prices
฿2.29M - ฿3.5M
Monthly Rentals
N/A
Year Built
Dec 2017
Completion Status
Completed
Location
Bang Nam Chuet, Mueang Samut Sakhon, Samut Sakhon
Number of units
372
Sales Prices
฿4.5M - ฿5.2M
Monthly Rentals
N/A
Year Built
May 2020
Completion Status
Completed
Location
Bang Nam Chuet, Mueang Samut Sakhon, Samut Sakhon
Number of units
276
Sales Prices
฿3.49M - ฿7.9M
Monthly Rentals
฿17.5K - ฿55K
Year Built
May 2018
Completion Status
Completed
Location
Samae Dam, Mueang Samut Sakhon, Samut Sakhon
Number of units
N/A
Sales Prices
฿7.89M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
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