Unit ID: U1627950
6% Rental Yield
Bang Rak Phatthana, Bang Bua Thong,Nonthaburi
฿14,500,000
4 Bedrooms
5
Bathrooms
222 SqM
Indoor Area
2
Storeys
Jan 2022
Completed

About This House

This property is a 222 SqM house with 4 bedrooms and 5 bathrooms that is available for sale. It is part of the project in Bang Rak Phatthana, Nonthaburi and was completed in Jan 2022. You can buy this house for a base price of ฿14,500,000 (฿65,315/SqM).

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Maids QuartersMaids Quarters BalconyBalcony

Basic Information

Date Listed Jun 26, 2023
Updated 1 year ago
Property Type House (Single Detached)
Storeys 2
Location Bang Rak Phatthana, Nonthaburi
Bedrooms 4
Nearest Landmark Talad Bang Yai MRT -0.4 Km
Indoor Area 222 SqM
Price per SqM ฿65,315
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 288 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 Nor Sor 2
Construction Completed (Jan 2022)
Furniture
Built-ins are any items that do not leave the property but remain a part of the permanent structure of a home. This includes any type of permanent appliances, cabinetry, furniture that’s built into the home, such as shelving or benches, and other attached items.
Built In
View(s) City View, 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.
฿375/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1627950

Investment Opportunity: Charges & Yield

Sale Price
฿14,500,000
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.
฿375/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.
16
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 4 bedroom houses at Mantana Westgate, and the current sales price.
6%

Project Details

Project Name: Mantana Westgate
Developer: Land and Houses
Construction: Completed (Jan 2022)
Units: 293
Project Area: N/A
Nearest Landmark Talad Bang Yai MRT - 0.4 Km
Location: Bang Rak Phatthana, Nonthaburi
Mantana Westgate Project Details

Project Features

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

Available Units at Mantana Westgate

For Sale 5 For Rent 1
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Frequently Asked Questions

All kind of pets are allowed at Mantana Westgate including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Talad Bang Yai MRT is the nearest MRT Station from Mantana Westgate and it is 0.4 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 Mantana Westgate 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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Nonthaburi
Bang Rak Phatthana

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Mantana Westgate

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
Project Name
Bang Yai Square
Location
Bang Rak Phatthana, Bang Bua Thong, Nonthaburi
Number of units
1264
Sales Prices
฿720K - ฿2.29M
Monthly Rentals
N/A
Year Built
Jan 2007
Completion Status
Completed
Project Name
IRIS Westgate
Location
Bang Rak Phatthana, Bang Bua Thong, Nonthaburi
Number of units
900
Sales Prices
฿1.29M - ฿2.75M
▼ -17% underpriced
Monthly Rentals
N/A
Year Built
Dec 2017
Completion Status
Completed
Project Name
Indy Westgate
Location
Bang Rak Phatthana, Bang Bua Thong, Nonthaburi
Number of units
353
Sales Prices
฿3.45M - ฿4.2M
Monthly Rentals
N/A
Year Built
Jan 2021
Completion Status
Completed
Location
Bang Rak Phatthana, Bang Bua Thong, Nonthaburi
Number of units
110
Sales Prices
฿2.4M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Project Name
Baan Eklada
Location
Bang Rak Phatthana, Bang Bua Thong, Nonthaburi
Number of units
N/A
Sales Prices
฿1.7M - ฿2.39M
Monthly Rentals
N/A
Year Built
Jan 1986
Completion Status
Completed
Location
Bang Rak Phatthana, Bang Bua Thong, Nonthaburi
Number of units
150
Sales Prices
฿1.45M - ฿2.5M
Monthly Rentals
฿6K - ฿10K
Year Built
Jan 2007
Completion Status
Completed
Location
Sao Thong Hin, Bang Bua Thong, Nonthaburi
Number of units
1658
Sales Prices
฿350K - ฿825K
Monthly Rentals
N/A
Year Built
Oct 2002
Completion Status
Completed
Location
Bang Rak Phatthana, Bang Bua Thong, Nonthaburi
Number of units
1870
Sales Prices
฿1M - ฿2.75M
▼ -35% underpriced
Monthly Rentals
฿5.5K - ฿10K
Year Built
Dec 2015
Completion Status
Completed
Project Name
Baan Sinpetch
Location
Bang Rak Phatthana, Bang Bua Thong, Nonthaburi
Number of units
136
Sales Prices
฿6.9M
Monthly Rentals
N/A
Year Built
Jan 2011
Completion Status
Completed
Project Name
Bangyai City
Location
Sao Thong Hin, Bang Bua Thong, Nonthaburi
Number of units
N/A
Sales Prices
฿1.79M - ฿10M
Monthly Rentals
N/A
Year Built
Jun 1995
Completion Status
Completed
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