Unit ID: U1156180
9% Rental Yield
Hua Mak, Bang Kapi,Bangkok
฿24,000,000 ฿24,900,000
4 Bedrooms
3
Bathrooms
350 SqM
Indoor Area
2
Storeys
Jun 2014
Completed

About This House

This property is a 350 SqM house with 4 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Hua Mak, Bangkok and was completed in Jun 2014. You can buy this house for a base price of ฿24,000,000 (฿68,571/SqM) and it is also available for long term rentals starting from ฿180,000 per month.

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Full Western KitchenFull Western Kitchen MicrowaveMicrowave OvenOven TVTV

Basic Information

Date Listed Sep 26, 2022
Updated 4 months ago
Property Type House (Single Detached)
Storeys 2
Location Hua Mak, Bangkok
Bedrooms 4
Nearest Landmark The Mall Bangkapi -2 Km
Indoor Area 350 SqM
Price per SqM ฿68,571
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 532 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 (Jun 2014)
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) Garden View
Unit Type N/A
Parking Spots 5
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 U1156180

Investment Opportunity: Charges & Yield

Sale Price
฿24,000,000
Rent
฿180,000/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.
11
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.
9%

Project Details

Developer: Land and Houses
Construction: Completed (Jun 2014)
Units: 557
Project Area: 219,200 SqM
Nearest Landmark The Mall Bangkapi - 2 Km
Location: Hua Mak, Bangkok
Mantana Rama 9-Srinakarin Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Communal Garden Area Communal Garden Area

Available Units at Mantana Rama 9-Srinakarin

For Sale 3 For Rent 7
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Frequently Asked Questions

All kind of pets are allowed at Mantana Rama 9-Srinakarin including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The Mall Bangkapi is the nearest Shopping Mall from Mantana Rama 9-Srinakarin and it is 2 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 Mantana Rama 9-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

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Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Mantana Rama 9-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
Hua Mak, Bang Kapi, Bangkok
Number of units
217
Sales Prices
฿4.61M
Monthly Rentals
฿25.1K - ฿32.1K
Year Built
N/A
Completion Status
Off Plan
Location
Hua Mak, Bang Kapi, Bangkok
Number of units
6
Sales Prices
฿19.6M - ฿22.6M
Monthly Rentals
N/A
Year Built
Jul 2022
Completion Status
Completed
Location
Hua Mak, Bang Kapi, Bangkok
Number of units
58
Sales Prices
฿6.92M - ฿8.82M
Monthly Rentals
฿60.2K
Year Built
Dec 2016
Completion Status
Completed
Location
Hua Mak, Bang Kapi, Bangkok
Number of units
90
Sales Prices
฿11.3M
Monthly Rentals
฿50.1K
Year Built
Dec 2010
Completion Status
Completed
Project Name
Town Plus Huamark
Location
Hua Mak, Bang Kapi, Bangkok
Number of units
116
Sales Prices
฿4.96M
Monthly Rentals
N/A
Year Built
Dec 2015
Completion Status
Completed
Location
Hua Mak, Bang Kapi, Bangkok
Number of units
205
Sales Prices
฿8.92M
Monthly Rentals
฿19K - ฿25.1K
Year Built
Dec 2013
Completion Status
Completed
Location
Hua Mak, Bang Kapi, Bangkok
Number of units
120
Sales Prices
฿4.51M - ฿4.86M
▲ 19% overpriced
Monthly Rentals
฿26.1K - ฿42.1K
Year Built
Nov 2013
Completion Status
Completed
Location
Hua Mak, Bang Kapi, Bangkok
Number of units
223
Sales Prices
฿10M - ฿22.9M
▼ -5% underpriced
Monthly Rentals
N/A
Year Built
Jan 2016
Completion Status
Completed
Location
Hua Mak, Bang Kapi, Bangkok
Number of units
276
Sales Prices
฿20.3M - ฿40.6M
Monthly Rentals
฿120K - ฿251K
Year Built
Jun 2022
Completion Status
Completed
Location
Hua Mak, Bang Kapi, Bangkok
Number of units
N/A
Sales Prices
฿1M
Monthly Rentals
N/A
Year Built
Jan 1998
Completion Status
Completed
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