Unit ID: U1737534
4% Rental Yield
Tenant-Occupied until Mar 1, 2025
Bang Kapi, Huai Khwang,Bangkok
฿180,000,000
5 Bedrooms
7
Bathrooms
852.66 SqM
Indoor Area
Oct 2021
Completed

About This House

This property is a 852.66 SqM house with 5 bedrooms and 7 bathrooms that is available for sale. It is part of the project in Bang Kapi, Bangkok and was completed in Oct 2021. You can buy this house for a base price of ฿180,000,000 (฿211,104/SqM) and it is also available for long term rentals starting from ฿600,000 per month.

Features

MicrowaveMicrowave OvenOven TVTV

Basic Information

Date Listed Feb 16, 2024
Updated 9 months ago
Property Type House (Single Detached)
Storeys N/A
Location Bang Kapi, Bangkok
Bedrooms 5
Nearest Landmark Ramkhamhaeng ARL -2.1 Km
Indoor Area 852.66 SqM
Price per SqM ฿211,104
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 Cats and Dogs (all sizes)
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.

N/A
Land Title Deed N/A
Construction Completed (Oct 2021)
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) Unblocked Open 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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1737534

Investment Opportunity: Charges & Yield

Sale Price
฿180,000,000
Rent
฿600,000/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.
25
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: Issara Residence Rama 9
Construction: Completed (Oct 2021)
Units: 20
Project Area: 15,340 SqM
Nearest Landmark Ramkhamhaeng ARL - 2.1 Km
Location: Bang Kapi, Bangkok
Issara Residence Rama 9 Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
Steam Room Steam Room
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Communal Garden Area Communal Garden Area

Popular Facilities at Issara Residence Rama 9

  • Communal Gym
    1st Floor
  • Communal Pool
    2nd Floor
  • Communal Garden Area
    Ground Floor

Available Units at Issara Residence Rama 9

For Sale 2 For Rent 2
Get notified when new homes are being added to Issara Residence Rama 9
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Frequently Asked Questions

Dogs, cats and small pets like rabbits, hamsters and guinea pigs are allowed at Issara Residence Rama 9.
The common area maintenance fee is ฿190 per square meter based on the plot size of the property and is 0 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.
For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At Issara Residence Rama 9 the required payment for the sinking fund is ฿3,000 per square meter based on the size of the plot size of the property.
Ramkhamhaeng ARL is the nearest Airport Rail Link Station from Issara Residence Rama 9 and it is 2.1 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 Issara Residence Rama 9 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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Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Issara Residence Rama 9

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Number of units
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Year Built
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Location
Number of units
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Year Built
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Project Name
N.T. House
Location
Bang Kapi, Huai Khwang, Bangkok
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฿4.31M
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N/A
Year Built
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Bang Kapi, Huai Khwang, Bangkok
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284
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฿2.4M - ฿9.31M
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Completed
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฿68.3M - ฿89.9M
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N/A
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N/A
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N/A
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฿3.82M - ฿11M
▲ 15.6% overpriced
Monthly Rentals
฿20K - ฿50.1K
Year Built
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Completion Status
Completed
Location
Bang Kapi, Huai Khwang, Bangkok
Number of units
217
Sales Prices
฿2.85M - ฿4.11M
Monthly Rentals
฿14K - ฿22K
Year Built
Dec 2021
Completion Status
Completed
Location
Bang Kapi, Huai Khwang, Bangkok
Number of units
64
Sales Prices
฿4.66M
Monthly Rentals
฿25K - ฿50.1K
Year Built
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Completion Status
Completed
Location
Bang Kapi, Huai Khwang, Bangkok
Number of units
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Sales Prices
฿2.85M - ฿7.4M
▼ -14.3% underpriced
Monthly Rentals
฿12K - ฿30K
Year Built
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Completion Status
Completed
Location
Bang Kapi, Huai Khwang, Bangkok
Number of units
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Sales Prices
฿1.1M - ฿1.19M
Monthly Rentals
N/A
Year Built
Jan 1998
Completion Status
Completed
Location
Bang Kapi, Huai Khwang, Bangkok
Number of units
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Sales Prices
฿3.5M - ฿4.76M
Monthly Rentals
฿11K - ฿25K
Year Built
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Completion Status
Completed
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