Unit ID: U1391284
6% Rental Yield
Dokmai, Prawet,Bangkok
฿57,000,000
5 Bedrooms
5
Bathrooms
655 SqM
Indoor Area
2
Storeys
Sep 2015
Completed

About This House

This property is a 655 SqM house with 5 bedrooms and 5 bathrooms that is available for sale. It is part of the project in Dokmai, Bangkok and was completed in Sep 2015. You can buy this house for a base price of ฿57,000,000 (฿87,023/SqM) and it is also available for long term rentals starting from ฿280,000 per month.

Features

Private GardenPrivate Garden Covered ParkingCovered Parking Maids QuartersMaids Quarters BalconyBalcony Full Western KitchenFull Western Kitchen MicrowaveMicrowave OvenOven

Basic Information

Date Listed Apr 5, 2023
Updated 1 year ago
Property Type House (Semi Detached)
Storeys 2
Location Dokmai, Bangkok
Bedrooms 5
Nearest Landmark Suvarnabhumi MRT -6.4 Km
Indoor Area 655 SqM
Price per SqM ฿87,023
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 10,428 SqM
Pets Cats and Dogs (all sizes)
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 (Sep 2015)
Furniture
Unfurnished
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.
N/A
Listed By
Broker Network
Electricity Price N/A
Water Price N/A
Unit ID U1391284

Investment Opportunity: Charges & Yield

Sale Price
฿57,000,000
Rent
฿280,000/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.
17
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.
6%

Project Details

Project Name: Grand Monaco Bangna
Developer: Golden Land
Construction: Completed (Sep 2015)
Units: 181
Project Area: 128,000 SqM
Nearest Landmark Suvarnabhumi MRT - 6.4 Km
Location: Dokmai, Bangkok
Grand Monaco Bangna Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Sauna Sauna
Outdoor Kids Zone Outdoor Kids Zone
Communal Garden Area Communal Garden Area
Key card access Key card access

Available Units at Grand Monaco Bangna

For Sale 2 For Rent 1
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Frequently Asked Questions

Dogs, cats and small pets like rabbits, hamsters and guinea pigs are allowed at Grand Monaco Bangna.
Suvarnabhumi MRT is the nearest MRT Station from Grand Monaco Bangna and it is 6.4 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 Grand Monaco Bangna 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 Grand Monaco Bangna

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
Dokmai, Prawet, Bangkok
Number of units
388
Sales Prices
฿8.3M - ฿12.5M
Monthly Rentals
฿42K - ฿70.9K
Year Built
Jan 2022
Completion Status
Completed
Location
Dokmai, Prawet, Bangkok
Number of units
61
Sales Prices
฿35M
Monthly Rentals
฿230K - ฿350K
Year Built
Feb 2020
Completion Status
Completed
Project Name
Nara Home
Location
Dokmai, Prawet, Bangkok
Number of units
119
Sales Prices
฿7.5M
▼ -31% underpriced
Monthly Rentals
N/A
Year Built
Dec 2011
Completion Status
Completed
Project Name
Nara Town
Location
Dokmai, Prawet, Bangkok
Number of units
N/A
Sales Prices
฿2.8M - ฿2.95M
▼ -45% underpriced
Monthly Rentals
N/A
Year Built
Oct 2008
Completion Status
Completed
Location
Dokmai, Prawet, Bangkok
Number of units
379
Sales Prices
฿3.7M - ฿4.6M
▲ 34% overpriced
Monthly Rentals
฿19K - ฿20K
Year Built
Oct 2017
Completion Status
Completed
Location
Dokmai, Prawet, Bangkok
Number of units
331
Sales Prices
฿25.9M - ฿29M
Monthly Rentals
฿49K
Year Built
Dec 2021
Completion Status
Completed
Location
Dokmai, Prawet, Bangkok
Number of units
396
Sales Prices
฿6.99M - ฿14.9M
Monthly Rentals
฿35K - ฿60K
Year Built
Dec 2012
Completion Status
Completed
Location
Dokmai, Prawet, Bangkok
Number of units
147
Sales Prices
฿13.5M - ฿18M
Monthly Rentals
฿95K - ฿350K
Year Built
Jun 2018
Completion Status
Completed
Location
Dokmai, Prawet, Bangkok
Number of units
34
Sales Prices
฿37.9M - ฿84.9M
Monthly Rentals
N/A
Year Built
Jan 2024
Completion Status
Completed
Location
Dokmai, Prawet, Bangkok
Number of units
50
Sales Prices
฿15M
Monthly Rentals
N/A
Year Built
Dec 2019
Completion Status
Completed
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