Unit ID: U1658490
9% Rental Yield
Suan Luang, Suan Luang,Bangkok
฿7,800,000
3 Bedrooms
2
Bathrooms
160 SqM
Indoor Area
2
Storeys
Dec 2013
Completed

About This House

This property is a 160 SqM house with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Suan Luang, Bangkok and was completed in Dec 2013. You can buy this house for a base price of ฿7,800,000 (฿48,750/SqM).

Features

TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Full Western KitchenFull Western Kitchen Renovated KitchenRenovated Kitchen OvenOven

Basic Information

Date Listed Oct 6, 2023
Updated 1 year ago
Property Type House (Single Detached)
Storeys 2
Location Suan Luang, Bangkok
Bedrooms 3
Nearest Landmark Hua Mak ARL -2.7 Km
Indoor Area 160 SqM
Price per SqM ฿48,750
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
50 SqM
Plot Size 172 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 N/A
Construction Completed (Dec 2013)
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) City View
Unit Type N/A
Parking Spots 2
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.
฿5,600/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1658490

Investment Opportunity: Charges & Yield

Sale Price
฿7,800,000
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.
฿5,600/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.
11
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 3 bedroom houses at Pruksa Ville 57 Pattanakarn, and the current sales price.
9%

Project Details

Developer: Pruksa Real Estate
Construction: Completed (Dec 2013)
Units: 438
Project Area: N/A
Nearest Landmark Hua Mak ARL - 2.7 Km
Location: Suan Luang, Bangkok
Pruksa Ville 57 Pattanakarn Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at Pruksa Ville 57 Pattanakarn

For Sale 7 For Rent 3
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Frequently Asked Questions

All kind of pets are allowed at Pruksa Ville 57 Pattanakarn including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is ฿35 per square meter based on the size of indoor area of the property and is ฿5,600 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.
Hua Mak ARL is the nearest Airport Rail Link Station from Pruksa Ville 57 Pattanakarn and it is 2.7 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 Pruksa Ville 57 Pattanakarn 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 Pruksa Ville 57 Pattanakarn

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
482
Sales Prices
฿4.85M - ฿6.2M
▼ -26% underpriced
Monthly Rentals
฿28K - ฿35K
Year Built
Dec 2015
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
179
Sales Prices
฿18M - ฿29.8M
▲ 16% overpriced
Monthly Rentals
฿80K - ฿180K
Year Built
Apr 2016
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
223
Sales Prices
฿6.35M - ฿7M
Monthly Rentals
฿30K
Year Built
Jan 2014
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
456
Sales Prices
฿3.6M
▼ -7% underpriced
Monthly Rentals
฿21K - ฿24.5K
Year Built
Aug 2015
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
28
Sales Prices
฿100M - ฿196M
Monthly Rentals
฿500K - ฿650K
Year Built
May 2023
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
166
Sales Prices
฿13.5M - ฿18M
Monthly Rentals
฿45K - ฿60K
Year Built
Jul 2012
Completion Status
Completed
Project Name
Baan Pattanakarn
Location
Suan Luang, Suan Luang, Bangkok
Number of units
20
Sales Prices
฿54M
Monthly Rentals
N/A
Year Built
Jan 2003
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
74
Sales Prices
฿7.2M - ฿11.5M
▼ -16% underpriced
Monthly Rentals
฿35K - ฿45K
Year Built
Dec 2018
Completion Status
Completed
Project Name
Pruksa Ville 73
Location
Suan Luang, Suan Luang, Bangkok
Number of units
470
Sales Prices
฿4.2M - ฿8.2M
Monthly Rentals
฿26K - ฿40K
Year Built
Dec 2016
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
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