Unit ID: U1171432
5% Rental Yield
Suan Luang, Suan Luang,Bangkok
฿49,000,000 ฿50,500,000
5 Bedrooms
6
Bathrooms
600 SqM
Indoor Area
2
Storeys
Feb 2005
Completed

About This House

This property is a 600 SqM house with 5 bedrooms and 6 bathrooms that is available for sale. It is part of the project in Suan Luang, Bangkok and was completed in Feb 2005. You can buy this house for a base price of ฿49,000,000 (฿81,667/SqM).

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed Nov 14, 2022
Updated 2 years ago
Property Type House (Single Detached)
Storeys 2
Location Suan Luang, Bangkok
Bedrooms 5
Nearest Landmark Hua Mak ARL -1.4 Km
Indoor Area 600 SqM
Price per SqM ฿81,667
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 828 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 (Feb 2005)
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) 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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1171432

Investment Opportunity: Charges & Yield

Sale Price
฿49,000,000
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.
21
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 5 bedroom houses at Narasiri Pattanakarn-Srinakarin, and the current sales price.
5%

Project Details

Developer: Sansiri
Construction: Completed (Feb 2005)
Units: 177
Project Area: 145,600 SqM
Nearest Landmark Hua Mak ARL - 1.4 Km
Location: Suan Luang, Bangkok
Narasiri Pattanakarn-Srinakarin Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)

Available Units at Narasiri Pattanakarn-Srinakarin

For Sale 5 For Rent 11
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Frequently Asked Questions

All kind of pets are allowed at Narasiri Pattanakarn-Srinakarin including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Hua Mak ARL is the nearest Airport Rail Link Station from Narasiri Pattanakarn-Srinakarin and it is 1.4 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 Narasiri Pattanakarn-Srinakarin 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

3.5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A luxury house in the suburb with a good atmosphere
Gabriel Saiz, United States, 14 years ago
I work as an engineer in a large company in Bangkok. I dreamed of buying a big house for my family and saved money to buy a resale house, but the price is secretly high as well. However, I decided to buy 2 bedrooms, 4 bathrooms, and a spacious living area house for my family, which is able to plant trees around the house. The house has been completed for many years, but the house's owner has taken good care and maintenance. It has been renovated and repainted regularly. Also, there is a security guard 24 hours a day. The facilities also provide a complete range of facilities, whether a communal pool, gardens, and children's playground. My family and I often go for a walk in the village regularly on holidays, but I don't often go there because many people use the pool on weekends and holidays.
Bangkok
Suan Luang

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Narasiri Pattanakarn-Srinakarin

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
Suan Luang, Suan Luang, Bangkok
Number of units
N/A
Sales Prices
฿6.5M
Monthly Rentals
฿25K - ฿29K
Year Built
Dec 2010
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
N/A
Sales Prices
฿1.49M - ฿4.5M
Monthly Rentals
฿6.5K - ฿9K
Year Built
Dec 1992
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
366
Sales Prices
฿4M - ฿7.5M
▼ -18% underpriced
Monthly Rentals
฿25K - ฿30K
Year Built
Dec 2014
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
112
Sales Prices
฿9.2M - ฿15M
▼ -7% underpriced
Monthly Rentals
฿45K - ฿60K
Year Built
Jun 2017
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
178
Sales Prices
฿10.8M - ฿24.9M
▲ 5% overpriced
Monthly Rentals
฿40K - ฿90K
Year Built
Nov 2019
Completion Status
Completed
Project Name
Vivid Tower
Location
Suan Luang, Suan Luang, Bangkok
Number of units
345
Sales Prices
฿850K - ฿4.95M
▲ 33% overpriced
Monthly Rentals
฿12K - ฿13.5K
Year Built
Dec 1994
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
178
Sales Prices
฿9.3M - ฿13.2M
Monthly Rentals
฿45K - ฿95K
Year Built
Mar 2015
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
55
Sales Prices
฿4.3M
Monthly Rentals
N/A
Year Built
Jan 2015
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
125
Sales Prices
฿5.3M - ฿6.37M
▼ -28% underpriced
Monthly Rentals
฿35K
Year Built
Mar 2010
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
1024
Sales Prices
฿1.78M - ฿4.9M
▲ 1.8% overpriced
Monthly Rentals
฿7K - ฿80K
Year Built
Sep 2019
Completion Status
Completed
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