Unit ID: U78728
4% Rental Yield
Nong Khang Phlu, Nong Khaem,Bangkok
$731,000
2 Bedrooms
4
Bathrooms
12,701 Sqft
Indoor Area
2
Storeys
Dec 2015
Completed

About This House

This property is a 12,701 Sqft house with 2 bedrooms and 4 bathrooms that is available for sale. It is part of the project in Nong Khang Phlu, Bangkok and was completed in Dec 2015. You can buy this house for a base price of $731,000 ($58/Sqft) and it is also available for long term rentals starting from $2,630 per month.

Features

Covered ParkingCovered Parking Maids QuartersMaids Quarters

Basic Information

Date Listed Oct 9, 2019
Updated 4 years ago
Property Type House
Storeys 2
Location Nong Khang Phlu, Bangkok
Bedrooms 2
Nearest Landmark Perfect Nursing Home -2.4 Km
Indoor Area 12,701 Sqft
Price per Sqft $58
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 3,175 Sqft
Pets Not 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 2015)
Furniture
Unfurnished
View(s) Blocked View
Unit Type N/A
Parking Spots N/A
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
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U78728

Investment Opportunity: Charges & Yield

Sale Price
$731,000
Rent
$2,630/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.
23
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: Big Home Office
Developer: N/A
Construction: Completed (Dec 2015)
Units: 1
Project Area: N/A
Nearest Landmark Perfect Nursing Home - 2.4 Km
Location: Nong Khang Phlu, Bangkok
Big Home Office Project Details

Project Features

CCTV (Video Surveillance) CCTV (Video Surveillance)

Available Units at Big Home Office

For Sale 1 For Rent 1
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Frequently Asked Questions

Perfect Nursing Home is the nearest Hospital from Big Home Office and it is 2.4 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 Big Home Office 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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Bangkok
Nong Khang Phlu

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Big Home Office

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Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
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Year Built
Completion Status
Project Name
Setthakit Village
Location
Nong Khang Phlu, Nong Khaem, Bangkok
Number of units
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Sales Prices
$54.13K - $102.41K
Monthly Rentals
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Year Built
Dec 2011
Completion Status
Completed
Location
Nong Khang Phlu, Nong Khaem, Bangkok
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▲ 17% overpriced
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$86.32K
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Year Built
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Completion Status
Completed
Location
Nong Khang Phlu, Nong Khaem, Bangkok
Number of units
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Sales Prices
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Year Built
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Completion Status
Completed
Location
Nong Khang Phlu, Nong Khaem, Bangkok
Number of units
190
Sales Prices
$84.85K
Monthly Rentals
N/A
Year Built
Dec 2011
Completion Status
Completed
Location
Nong Khang Phlu, Nong Khaem, Bangkok
Number of units
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Sales Prices
$46.82K - $107.97K
Monthly Rentals
N/A
Year Built
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Completion Status
Completed
Location
Nong Khang Phlu, Nong Khaem, Bangkok
Number of units
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Sales Prices
$54.13K
Monthly Rentals
N/A
Year Built
Jan 2007
Completion Status
Completed
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