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    4 Bedroom House for sale at The City Pattanakarn
    Prawet, Prawet,Bangkok
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    Sale Price
    ฿18,900,000
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    4 Bedroom House for sale at The City Pattanakarn
    (1 Review)
    Unit ID: U1414198
    8% Rental Yield
    Prawet, Prawet,Bangkok
    ฿18,900,000
    4 Bedrooms
    4
    Bathrooms
    225 SqM
    Indoor Area
    2
    Storeys
    Dec 2019
    Completed
    11
    Sale Price
    ฿18,900,000

    About This House

    This property is a 225 SqM house with 4 bedrooms and 4 bathrooms that is available for sale. It is part of the project in Prawet, Bangkok and was completed in Dec 2019. You can buy this house for a base price of ฿18,900,000 (฿84,000/SqM).

    Features

    Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Full Western KitchenFull Western Kitchen BathtubBathtub

    Basic Information

    Date Listed May 25, 2023
    Updated 1 year ago
    Property Type House (Single Detached)
    Storeys 2
    Location Prawet, Bangkok
    Bedrooms 4
    Nearest Landmark Ban Thap Chang ARL -3.3 Km
    Indoor Area 225 SqM
    Price per SqM ฿84,000
    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 296 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.

    N/A
    Land Title Deed N/A
    Construction Completed (Dec 2019)
    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 4
    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.
    ฿2,664/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1414198

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿18,900,000
    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.
    ฿2,664/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.
    12
    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 The City Pattanakarn, and the current sales price.
    8%

    Project Details

    Project Name: The City Pattanakarn
    Developer: N/A
    Construction: Completed (Dec 2019)
    Units: 145
    Project Area: N/A
    Nearest Landmark Ban Thap Chang ARL - 3.3 Km
    Location: Prawet, Bangkok
    The City Pattanakarn Project Details

    Project Features

    Communal Pool Communal Pool
    Communal Gym Communal Gym
    Clubhouse Clubhouse
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Indoor Kids Zone Indoor Kids Zone
    Car Parking Car Parking

    Available Units at The City Pattanakarn

    For Sale 2 For Rent 3
    • All
    • 4 Beds
    Get notified when new homes are being added to The City Pattanakarn
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    Frequently Asked Questions

    All kind of pets are allowed at The City Pattanakarn including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    The common area maintenance fee is ฿9 per square meter based on the plot size of the property and is ฿2,664 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.
    Ban Thap Chang ARL is the nearest Airport Rail Link Station from The City Pattanakarn and it is 3.3 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 City 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

    4.5 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Truly residential for a family!
    Zaitsev Z., Russia, 5 years ago
    The house I bought was a large detached house with 4 bedrooms, 3 bathrooms. I decided to buy a big house because I wanted to be with my parents. This project is located on Pattanakarn Road, which is relatively peaceful, not crowded, and provides high privacy. Besides, it offers a private and relaxing atmosphere, as well as a large clubhouse as well. I can confidently say that it is a worthwhile decision because the project offers full facilities. There is a swimming pool, living room, fitness center, and a large communal garden with an excellent security system and CCTV at the entrance and exit, as well as crucial spots in the project. Personally, although the project is not in the center of the city, I still feel it is convenient. In this neighborhood, there are also Lotus market, MaxValu-Phatthanakan, and other shopping malls. Overall, my family and I are very impressed here.
    Bangkok
    Prawet

    Neighborhood Overview

    Location and Neighborhood

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