Unit ID: U1629880
4% Rental Yield
Tenant-Occupied until Nov 1, 2025
Thung Mahamek, Sathon,Bangkok
฿4,500,000
4 Bedrooms
2
Bathrooms
110 SqM
Indoor Area
3
Storeys
Completed

About This Townhouse

This property is a 110 SqM townhouse with 4 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Thung Mahamek, Bangkok. You can buy this townhouse for a base price of ฿4,500,000 (฿40,909/SqM) and it is also available for long term rentals starting from ฿15,000 per month.

Features

TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Fully RenovatedFully Renovated (2022)

Basic Information

Date Listed Jun 30, 2023
Updated 4 weeks ago
Property Type Townhouse
Storeys 3
Location Thung Mahamek, Bangkok
Bedrooms 4
Nearest Landmark Thanon Chan BRT -0.5 Km
Indoor Area 110 SqM
Price per SqM ฿40,909
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 56 SqM
Pets Cats and Dogs (small only)
Townhouse Ownership

Foreign nationals can own the building (townhouse) 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
Furniture
Unfurnished
View(s) Blocked View
Unit Type N/A
Parking Spots 1
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.
฿300/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1629880

Investment Opportunity: Charges & Yield

Sale Price
฿4,500,000
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.
฿300/mo
Rent
฿15,000/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.
25
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.
4%

Project Details

Project Name: Mu Ban Nakhon Luang 1
Developer: N/A
Construction: Completed
Units: 1
Project Area: N/A
Nearest Landmark Thanon Chan BRT - 0.5 Km
Location: Thung Mahamek, Bangkok
Mu Ban Nakhon Luang 1 Project Details

Project Features

Car Parking Car Parking

Available Units at Mu Ban Nakhon Luang 1

For Sale 1 For Rent 1
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Frequently Asked Questions

All kind of pets are allowed at Mu Ban Nakhon Luang 1 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Thanon Chan BRT is the nearest BRT Station from Mu Ban Nakhon Luang 1 and it is 0.5 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 Mu Ban Nakhon Luang 1 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 Mu Ban Nakhon Luang 1

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
Chong Nonsi, Sathon, Bangkok
Number of units
176
Sales Prices
฿6.8M - ฿22M
▼ -3% underpriced
Monthly Rentals
฿25K - ฿160K
Year Built
Dec 2006
Completion Status
Completed
Location
Chong Nonsi, Sathon, Bangkok
Number of units
148
Sales Prices
฿17M - ฿49M
▲ 31% overpriced
Monthly Rentals
฿50K - ฿150K
Year Built
Dec 2011
Completion Status
Completed
Location
Thung Mahamek, Sathon, Bangkok
Number of units
270
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฿6.78M - ฿21M
Monthly Rentals
฿23K - ฿70K
Year Built
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Completion Status
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Project Name
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Location
Chong Nonsi, Sathon, Bangkok
Number of units
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Sales Prices
฿28M
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Monthly Rentals
฿70K - ฿100K
Year Built
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Completion Status
Completed
Location
Thung Mahamek, Sathon, Bangkok
Number of units
33
Sales Prices
฿20M - ฿23M
Monthly Rentals
N/A
Year Built
Dec 2017
Completion Status
Completed
Location
Thung Mahamek, Sathon, Bangkok
Number of units
260
Sales Prices
฿4.1M - ฿6.57M
▼ -19% underpriced
Monthly Rentals
฿17K - ฿25K
Year Built
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Completion Status
Completed
Project Name
Baan Siri Sathorn
Location
Thung Mahamek, Sathon, Bangkok
Number of units
169
Sales Prices
฿6.9M - ฿20M
Monthly Rentals
฿18K - ฿65K
Year Built
Dec 2002
Completion Status
Completed
Project Name
Supreme Residence
Location
Thung Mahamek, Sathon, Bangkok
Number of units
N/A
Sales Prices
฿40M
Monthly Rentals
฿100K - ฿110K
Year Built
Jan 2006
Completion Status
Completed
Location
Thung Mahamek, Sathon, Bangkok
Number of units
75
Sales Prices
฿4.3M - ฿4.4M
▼ -48% underpriced
Monthly Rentals
฿30K
Year Built
Sep 2009
Completion Status
Completed
Location
Chong Nonsi, Sathon, Bangkok
Number of units
36
Sales Prices
฿195M - ฿235M
Monthly Rentals
฿350K - ฿400K
Year Built
Dec 2019
Completion Status
Completed
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