Unit ID: U1842338
5% Rental Yield
Phaya Yen, Pak Chong,Nakhon Ratchasima
฿23,000,000
4 Bedrooms
3
Bathrooms
450 SqM
Indoor Area
2
Storeys
Jan 2016
Completed

About This House

This property is a 450 SqM house with 4 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Phaya Yen, Nakhon Ratchasima and was completed in Jan 2016. You can buy this house for a base price of ฿23,000,000 (฿51,111/SqM) and it is also available for long term rentals starting from ฿99,000 per month.

Luxury mansion in fenced community, Khao Yai

For rent (and/or sale), contemporary and modern Thai style Mansion. Grandeur, impressive design. Stunning view into Khao Yai mountains and park environment. Community with clubhouse and 220sqm infinity pool.
  • Mansion, 11 rooms, 4 bedrooms, 3 bathrooms, internal and external kitchen, a huge roofed terrace of 60sqm, carport: 3 cars, elevated deck terrace and flyover offering wide views into park and mountains, washing room, praying room, fitness room, maid room.  Airconditioning in all rooms. Gated community, completely fenced, 24h gate keeper and security entrance, resort style park, roads and atmosphere. Breath natural oxygen, live healthy and forget the stressful life.
  • Optional: Rent our BMW 5-series during the same period ! Interesting rate.

Features

Pool AccessPool Access Private GardenPrivate Garden Garden AccessGarden Access TerraceTerrace Covered ParkingCovered Parking Washing MachineWashing Machine MicrowaveMicrowave OvenOven TVTV Gardening IncludedGardening Included

Basic Information

Date Listed May 19, 2024
Updated 2 months ago
Property Type House
Storeys 2
Location Phaya Yen, Nakhon Ratchasima
Bedrooms 4
Nearest Landmark N/A
Indoor Area 450 SqM
Price per SqM ฿51,111
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
150 SqM
Plot Size 1,024 SqM
Pets Not 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 (Jan 2016)
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) Mountain View, Park View, Garden View, Unblocked Open 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.
฿1,000/mo
Listed By
Each listing provided by partnered agents is individually verified by BPP. Partner Agents work for different brokerages or property management companies but have teamed up with BPP so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1842338

Investment Opportunity: Charges & Yield

Sale Price
฿23,000,000
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.
฿1,000/mo
Rent
฿99,000/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.
19
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.
5%

Project Details

Project Name: Phu Patra
Developer: N/A
Construction: Completed (Jan 2012)
Units: 200
Project Area: 700 SqM
Nearest Landmark N/A
Location: Phaya Yen, Nakhon Ratchasima
Phu Patra Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)

Available Units at Phu Patra

For Sale 4 For Rent 2
Get notified when new homes are being added to Phu Patra
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Frequently Asked Questions

All kind of pets are allowed at Phu Patra including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.

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 Phu Patra 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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Nakhon Ratchasima
Phaya Yen

Neighborhood Overview

Location and Neighborhood

Street View

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