Unit ID: U1702324
6% Rental Yield
Tenant-Occupied until Nov 15, 2024
Suan Luang, Suan Luang,Bangkok
฿9,500,000
3 Bedrooms
3
Bathrooms
145 SqM
Indoor Area
2
Storeys
Jun 2017
Completed

About This House

This property is a 145 SqM house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Suan Luang, Bangkok and was completed in Jun 2017. You can buy this house for a base price of ฿9,500,000 (฿65,517/SqM) and it is also available for long term rentals starting from ฿45,000 per month.

House For Sale at The Plant Estique

This property is a 145 SqM house with The Plant Estique Pattanakarn 38 project in Suan Luang, Bangkok and was completed in Jun 2017. You can buy this house for a base price and it is also available for long term rentals starting from.

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Corner UnitCorner Unit BalconyBalcony

Basic Information

Date Listed Dec 12, 2023
Updated 1 month ago
Property Type House (Single Detached)
Storeys 2
Location Suan Luang, Bangkok
Bedrooms 3
Nearest Landmark Hua Mak ARL -1.8 Km
Indoor Area 145 SqM
Price per SqM ฿65,517
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
83 SqM
Plot Size 204 SqM
Pets Cats and Dogs (small only)
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 (Jun 2017)
Furniture
Specific items of furniture can be requested in the sale, or buyers can offer to purchase some or all of it. When negotiating a deal, either party can suggest that such items be included in the sale price.
Negotiable
View(s) Garden 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.
฿870/mo
Listed By
Each listing provided by partnered agents is individually verified by SamuiTimes. Partner Agents work for different brokerages or property management companies but have teamed up with SamuiTimes so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1702324

Investment Opportunity: Charges & Yield

Sale Price
฿9,500,000
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.
฿870/mo
Rent
฿45,000/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.
18
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.
6%

Project Details

Developer: N/A
Construction: Completed (Jun 2017)
Units: 112
Project Area: N/A
Nearest Landmark Hua Mak ARL - 1.8 Km
Location: Suan Luang, Bangkok
The Plant Estique Pattanakarn 38 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 The Plant Estique Pattanakarn 38

For Sale 3 For Rent 6
Get notified when new homes are being added to The Plant Estique Pattanakarn 38
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Frequently Asked Questions

All kind of pets are allowed at The Plant Estique Pattanakarn 38 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is ฿6 per square meter based on the size of indoor area of the property and is ฿870 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 The Plant Estique Pattanakarn 38 and it is 1.8 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 The Plant Estique Pattanakarn 38 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

4 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Good project
kingkarn A., Thailand, 6 years ago
I bought a 3-bedroom unit from this project with a spacious usable area, so it’s suitable for my lifestyle. More importantly, it is close to all conveniences, like Hua Mak ARL, On Nut BTS, convenience stores, shopping centers, and restaurants. The project comes with complete facilities such as a swimming pool, a fitness center, and also a reliable security system, making me feel at ease during my stay. Overall, this place is impressive.
Bangkok
Suan Luang

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Plant Estique Pattanakarn 38

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
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
178
Sales Prices
฿10.8M
▲ 5% overpriced
Monthly Rentals
฿40K - ฿90K
Year Built
Nov 2019
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
74
Sales Prices
฿7.2M - ฿11.5M
▼ -16% underpriced
Monthly Rentals
฿35K - ฿45K
Year Built
Dec 2018
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
166
Sales Prices
฿14.7M - ฿18M
Monthly Rentals
฿45K - ฿60K
Year Built
Jul 2012
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
177
Sales Prices
฿45M - ฿49M
Monthly Rentals
฿100K - ฿180K
Year Built
Feb 2005
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
456
Sales Prices
฿3.69M
▼ -7% underpriced
Monthly Rentals
฿21K - ฿24.5K
Year Built
Aug 2015
Completion Status
Completed
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
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
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