Unit ID: U1395228
6% Rental Yield
O Ngoen, Sai Mai,Bangkok
฿19,900,000
4 Bedrooms
5
Bathrooms
285 SqM
Indoor Area
2
Storeys
Jan 2019
Completed

About This House

This property is a 285 SqM house with 4 bedrooms and 5 bathrooms that is available for sale. It is part of the project in O Ngoen, Bangkok and was completed in Jan 2019. You can buy this house for a base price of ฿19,900,000 (฿69,825/SqM) and it is also available for long term rentals starting from ฿95,000 per month.

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony BathtubBathtub Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Date Listed Apr 17, 2023
Updated 8 months ago
Property Type House (Single Detached)
Storeys 2
Location O Ngoen, Bangkok
Bedrooms 4
Nearest Landmark Safari World -5.7 Km
Indoor Area 285 SqM
Price per SqM ฿69,825
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 N/A
Pets All Kind of Pets Allowed
House Ownership

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

N/A
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.

N/A
Land Title Deed N/A
Construction Completed (Jan 2019)
Furniture
A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
Fully Furnished
View(s) Garden View
Unit Type N/A
Parking Spots 4
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.
฿2,875/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1395228

Investment Opportunity: Charges & Yield

Sale Price
฿19,900,000
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.
฿2,875/mo
Rent
฿95,000/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.
17
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.
6%

Project Details

Project Name: Mantana Lake Watcharapol
Developer: Land and Houses
Construction: Completed (Jan 2019)
Units: 886
Project Area: 446,400 SqM
Nearest Landmark Safari World - 5.7 Km
Location: O Ngoen, Bangkok
Mantana Lake Watcharapol Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking

Available Units at Mantana Lake Watcharapol

For Sale 11 For Rent 4
Get notified when new homes are being added to Mantana Lake Watcharapol
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Frequently Asked Questions

All kind of pets are allowed at Mantana Lake Watcharapol including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Safari World is the nearest Tourist Attraction from Mantana Lake Watcharapol and it is 5.7 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 Mantana Lake Watcharapol 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

5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Privacy in common area
Nikorn T., Thailand, 10 years ago
My family and I made no mistake about buying a house in the Manthana Lake Watcharapol project. I can tell that every function of the project meets all the needs of family members of all ages and genders. The walkway around the lake is ideal for the elderly. My mom and dad always spend most of the time in that area to enjoy beautiful nature. My wife, my 8-year-old son, and I usually spend our spare time in the clubhouse. Three of us will do activities that we’re interested in by ourselves. I will go to the gym, whereas my wife will go down for a swim, and my son will use the kids club service. All of my family members can separate themselves and spend happily in private time. At the same time, I feel at ease as we still are also close to one another. If anyone is looking for owning a house that meets various lifestyles. I’d recommend this.
Bangkok
O Ngoen

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Mantana Lake Watcharapol

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
O Ngoen, Sai Mai, Bangkok
Number of units
407
Sales Prices
฿5.98M - ฿11.3M
Monthly Rentals
฿42K - ฿50K
Year Built
Jan 2019
Completion Status
Completed
Project Name
Baan Wirawan 1
Location
O Ngoen, Sai Mai, Bangkok
Number of units
55
Sales Prices
฿2.55M
Monthly Rentals
N/A
Year Built
Jan 2012
Completion Status
Completed
Location
O Ngoen, Sai Mai, Bangkok
Number of units
N/A
Sales Prices
฿3.6M - ฿5.5M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Project Name
Baan Aroonwan 1
Location
Sai Mai, Sai Mai, Bangkok
Number of units
99
Sales Prices
฿2.49M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Project Name
Arunwan 1
Location
Sai Mai, Sai Mai, Bangkok
Number of units
80
Sales Prices
฿7.59M
Monthly Rentals
N/A
Year Built
Dec 2016
Completion Status
Completed
Location
O Ngoen, Sai Mai, Bangkok
Number of units
231
Sales Prices
฿6.5M
Monthly Rentals
N/A
Year Built
Jan 2013
Completion Status
Completed
Location
Sai Mai, Sai Mai, Bangkok
Number of units
152
Sales Prices
฿2.9M - ฿3.45M
▼ -20% underpriced
Monthly Rentals
฿14.5K
Year Built
Jan 2013
Completion Status
Completed
Location
Sai Mai, Sai Mai, Bangkok
Number of units
130
Sales Prices
฿6.6M
Monthly Rentals
N/A
Year Built
Feb 2015
Completion Status
Completed
Project Name
Sai Mai Villa
Location
Sai Mai, Sai Mai, Bangkok
Number of units
132
Sales Prices
฿1.9M
Monthly Rentals
N/A
Year Built
Feb 2007
Completion Status
Completed
Location
O Ngoen, Sai Mai, Bangkok
Number of units
50
Sales Prices
฿6.81M
▼ -22% underpriced
Monthly Rentals
N/A
Year Built
Nov 2008
Completion Status
Completed
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