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    4 Bedroom House for sale at Mantana Lake Watcharapol
    O Ngoen, Sai Mai,Bangkok
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    Sale Price
    ฿22,900,000
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    4 Bedroom House for sale at Mantana Lake Watcharapol
    (1 Review)
    Unit ID: U1883167
    4% Rental Yield
    O Ngoen, Sai Mai,Bangkok
    ฿22,900,000
    4 Bedrooms
    5
    Bathrooms
    542 SqM
    Indoor Area
    2
    Storeys
    Completed
    15
    Sale Price
    ฿22,900,000

    About This House

    This property is a 542 SqM house with 4 bedrooms and 5 bathrooms that is available for sale. It is part of the project in O Ngoen, Bangkok. You can buy this house for a base price of ฿22,900,000 (฿42,251/SqM) and it is also available for long term rentals starting from ฿85,000 per month.

    Basic Information

    Date Listed Jun 23, 2024
    Updated 5 months ago
    Property Type House
    Storeys 2
    Location O Ngoen, Bangkok
    Bedrooms 4
    Nearest Landmark Safari World -5.7 Km
    Indoor Area 542 SqM
    Price per SqM ฿42,251
    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 552 SqM
    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.

    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
    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) N/A
    Unit Type N/A
    Parking Spots 6
    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.
    ฿4,000/mo
    Listed By
    Developer
    Electricity Price N/A
    Water Price N/A
    Unit ID U1883167

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿22,900,000
    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.
    ฿4,000/mo
    Rent
    ฿85,000/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.
    22
    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.
    4%

    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
    • All
    • 3 Beds
    • 4 Beds
    Get notified when new homes are being added to Mantana Lake Watcharapol
    View All (11)

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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

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