Unit ID: U572536
7% Rental Yield
Prawet, Prawet,Bangkok
฿6,900,000
4 Bedrooms
4
Bathrooms
330 SqM
Indoor Area
4
Storeys
Jan 2019
Completed

About This Townhouse

This property is a 330 SqM townhouse with 4 bedrooms and 4 bathrooms that is available for sale. It is part of the project in Prawet, Bangkok and was completed in Jan 2019. You can buy this townhouse for a base price of ฿6,900,000 (฿20,909/SqM) and it is also available for long term rentals starting from ฿40,000 per month.

Features

Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed May 13, 2020
Updated 3 months ago
Property Type Townhouse
Storeys 4
Location Prawet, Bangkok
Bedrooms 4
Nearest Landmark Hua Mak ARL -3.5 Km
Indoor Area 330 SqM
Price per SqM ฿20,909
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 120 SqM
Pets All Kind of Pets Allowed
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, Leasehold
Land Title Deed N/A
Construction Completed (Jan 2019)
Furniture
Specific items of furniture can be requested in the sale, or buyers can offer to purchase some or all of it. When negotiating a deal, either party can suggest that such items be included in the sale price.
Negotiable
View(s) City 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.
N/A
Listed By
Each listing provided by partnered agents is individually verified by SamuiTimes. Partner Agents work for different brokerages or property management companies but have teamed up with SamuiTimes so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U572536

Investment Opportunity: Charges & Yield

Sale Price
฿6,900,000
Rent
฿40,000/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.
14
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.
7%

Project Details

Project Name: Upper Onnut
Developer: N/A
Construction: Completed (Dec 2018)
Units: 6
Project Area: N/A
Nearest Landmark Hua Mak ARL - 3.5 Km
Location: Prawet, Bangkok
Upper Onnut Project Details

Project Features

Car Parking Car Parking

Available Units at Upper Onnut

For Sale 2 For Rent 1
Get notified when new homes are being added to Upper Onnut
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Frequently Asked Questions

All kind of pets are allowed at Upper Onnut including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Hua Mak ARL is the nearest Airport Rail Link Station from Upper Onnut and it is 3.5 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 Upper Onnut 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
We have viewed the unit of this project.
Gina Witoonsakda, Thailand, 5 years ago
We have viewed the unit of this project. Even though the project area is not large, it has a reliable security system. The townhome design is done quite well. The design is luxurious and is very convenient. It is a 4-storey townhome with 4 bedrooms, a spacious living area with more than 4 parking spaces, suitable for an office or a business or renting out that would probably be profitable because the location is close to many important places such as Suvarnabhumi Airport, Seacon Square, Rod Fai Night Market, Suan Luang, International Schools, and many others.
Bangkok
Prawet

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Upper Onnut

Location
Number of units
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Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
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Year Built
Completion Status
Location
Prawet, Prawet, Bangkok
Number of units
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Year Built
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Completion Status
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Prawet, Prawet, Bangkok
Number of units
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Sales Prices
฿3.19M - ฿3.3M
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Year Built
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Completion Status
Completed
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Number of units
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Sales Prices
฿18.8M - ฿65M
▲ 26% overpriced
Monthly Rentals
฿180K - ฿400K
Year Built
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Completion Status
Completed
Location
Prawet, Prawet, Bangkok
Number of units
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Sales Prices
฿11.9M - ฿39.8M
Monthly Rentals
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Year Built
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Completion Status
Completed
Location
Prawet, Prawet, Bangkok
Number of units
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Sales Prices
฿18M - ฿24.7M
Monthly Rentals
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Year Built
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Completion Status
Completed
Location
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Sales Prices
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Year Built
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Completion Status
Completed
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