Unit ID: U1723920
5% Rental Yield
Suan Luang, Suan Luang,Bangkok
฿11,500,000
4 Bedrooms
2.5
Bathrooms
190 SqM
Indoor Area
4
Storeys
Dec 2018
Completed

About This House

This property is a 190 SqM house with 4 bedrooms and 2.5 bathrooms that is available for sale. It is part of the project in Suan Luang, Bangkok and was completed in Dec 2018. You can buy this house for a base price of ฿11,500,000 (฿60,526/SqM).

Duplex Townhome Modern Luxury Loft

 Selling 3.5 storey twin house located in Patio urban life (pattanakarn 32/38). Located in a nice neighborhood with easy access to pattanakarn road, onnut road and sinakarin road. The new sky train will open a station not far. The house is quiet, oriented mainly north (but also south). With a view on the garden. The house has 3 bedrooms, 3 bathroom, 1 office (possibly 2) and a bedroom for the maid. The house is only 3 years old, in perfect condition. The built in looks fancy with a lot of prebuilt materials (real marble). On the first floor there is a 2 storey living room (65 inch tv), a dining room, bathroom, kitchen, maid room and an additional room. On the second floor (half floor), there is a large office with built in and a 55 inch tv. On the third floor there is the master bedroom with walk-in closed and a private bathroom. The master bedroom is fully built in with marble and a 75 inch tv. On the last floor, there is a large bedroom with a lot of built in (wood and marble) and a nice view on the garden. There is one additional bedroom with a small closet. And a bathroom. All the main rooms has air conditioning. The living room and the master bedroom has high end 4 way aircon built in the ceiling (daikin). The other rooms has high end one way aircon from Panasonic. The parking is protected by a roof top. You can park comfortably 2 cars. You can install high speed internet (gigabyte fiber with true or 3BB available).

Features

TerraceTerrace Covered ParkingCovered Parking

Basic Information

Date Listed Jan 28, 2024
Updated 1 month ago
Property Type House (Semi Detached)
Storeys 4
Location Suan Luang, Bangkok
Bedrooms 4
Nearest Landmark Angkarn Kalayanaponge Museum Of Art -2.2 Km
Indoor Area 190 SqM
Price per SqM ฿60,526
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 116 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 2018)
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 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.
฿1,160/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1723920

Investment Opportunity: Charges & Yield

Sale Price
฿11,500,000
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.
฿1,160/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.
22
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 Patio Rama 9 - Pattanakarn, and the current sales price.
5%

Project Details

Developer: Pruksa Real Estate
Construction: Completed (Dec 2018)
Units: 74
Project Area: N/A
Nearest Landmark Angkarn Kalayanaponge Museum Of Art - 2.2 Km
Location: Suan Luang, Bangkok
Patio Rama 9 - Pattanakarn Project Details

Project Features

Communal Pool Communal Pool
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at Patio Rama 9 - Pattanakarn

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Frequently Asked Questions

All kind of pets are allowed at Patio Rama 9 - Pattanakarn including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is ฿10 per square meter based on the plot size of the property and is ฿1,160 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.
Angkarn Kalayanaponge Museum Of Art is the nearest Tourist Attraction from Patio Rama 9 - Pattanakarn and it is 2.2 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 Patio Rama 9 - 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

Reviews

5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Inviting atmosphere and stunning decoration
Lucas Zhang, Singapore, 2 years ago
It's the house style that I'm looking for. It's got three bedrooms, which is perfect for my family, and the interior is absolutely beautiful. It's divided into different areas in a way that makes sense and feels spacious. Plus, the common areas are great - I can use the gym, pool, and clubhouse as much as possible. Plus, the location is ideal - it's super close to my kid's school (Bangkok Christian International School), only 10 minutes away. And it's also near a Robinson Srinakarin.
Bangkok
Suan Luang

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Patio Rama 9 - 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
166
Sales Prices
฿13.5M - ฿18M
Monthly Rentals
฿45K - ฿60K
Year Built
Jul 2012
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
178
Sales Prices
฿9.5M - ฿13.2M
Monthly Rentals
฿70K - ฿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
112
Sales Prices
฿9.2M - ฿15M
▼ -7% underpriced
Monthly Rentals
฿45K - ฿70K
Year Built
Jun 2017
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
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
฿10.9M - ฿24.9M
▲ 5% overpriced
Monthly Rentals
฿40K - ฿90K
Year Built
Nov 2019
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
438
Sales Prices
฿3.79M - ฿8.7M
▲ 5% overpriced
Monthly Rentals
฿43K - ฿52K
Year Built
Dec 2013
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
28
Sales Prices
฿100M - ฿103M
Monthly Rentals
฿500K - ฿650K
Year Built
May 2023
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
87
Sales Prices
฿3.5M
Monthly Rentals
฿17K
Year Built
Jan 2004
Completion Status
Completed
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