Unit ID: U1684402
11% Rental Yield
Racha Thewa, Bang Phli,Samut Prakan
$266,000
2 Bedrooms
3
Bathrooms
4,036 Sqft
Indoor Area
2
Storeys
Apr 2005
Completed

About This House

This property is a 4,036 Sqft house with 2 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Racha Thewa, Samut Prakan and was completed in Apr 2005. You can buy this house for a base price of $266,000 ($66/Sqft) and it is also available for long term rentals starting from $2,370 per month.

Features

Private GardenPrivate Garden TerraceTerrace Corner UnitCorner Unit Maids QuartersMaids Quarters BalconyBalcony

Basic Information

Date Listed Oct 25, 2023
Updated 1 year ago
Property Type House (Single Detached)
Storeys 2
Location Racha Thewa, Samut Prakan
Bedrooms 2
Nearest Landmark Suvarnabhumi MRT -2.5 Km
Indoor Area 4,036 Sqft
Price per Sqft $66
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
538 Sqft
Plot Size 4,004 Sqft
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.

Thai Ownership
Land Title Deed Chanote
Construction Completed (Apr 2005)
Furniture
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly 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.
$116/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1684402

Investment Opportunity: Charges & Yield

Sale Price
$266,000
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.
$116/mo
Rent
$2,370/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.
9
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.
11%

Project Details

Project Name: Nantawan Suvarnabhumi
Developer: Land and Houses
Construction: Completed (Apr 2017)
Units: 238
Project Area: N/A
Nearest Landmark Suvarnabhumi MRT - 2.5 Km
Location: Racha Thewa, Samut Prakan
Nantawan Suvarnabhumi Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)

Available Units at Nantawan Suvarnabhumi

For Sale 5 For Rent 5
Get notified when new homes are being added to Nantawan Suvarnabhumi
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Frequently Asked Questions

All kind of pets are allowed at Nantawan Suvarnabhumi including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Suvarnabhumi MRT is the nearest MRT Station from Nantawan Suvarnabhumi and it is 2.5 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 Nantawan Suvarnabhumi 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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Samut Prakan
Racha Thewa

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Nantawan Suvarnabhumi

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Year Built
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Project Name
Location
Number of units
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Monthly Rentals
Year Built
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Location
Racha Thewa, Bang Phli, Samut Prakan
Number of units
56
Sales Prices
$656.18K
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Year Built
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Completion Status
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Racha Thewa, Bang Phli, Samut Prakan
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Racha Thewa, Bang Phli, Samut Prakan
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$236.74K - $337.05K
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Racha Thewa, Bang Phli, Samut Prakan
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Racha Thewa, Bang Phli, Samut Prakan
Number of units
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Sales Prices
$111.29K - $130.08K
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Year Built
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Completion Status
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Location
Racha Thewa, Bang Phli, Samut Prakan
Number of units
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Sales Prices
$1.37M - $5.78M
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Year Built
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Completion Status
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Location
Racha Thewa, Bang Phli, Samut Prakan
Number of units
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Sales Prices
$253.08K - $546.33K
▼ -9% underpriced
Monthly Rentals
$3.47K
Year Built
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Completion Status
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Location
Racha Thewa, Bang Phli, Samut Prakan
Number of units
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Sales Prices
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Monthly Rentals
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Year Built
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Completion Status
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Location
Racha Thewa, Bang Phli, Samut Prakan
Number of units
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Sales Prices
$101.14K - $229.81K
Monthly Rentals
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Year Built
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Completion Status
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Location
Racha Thewa, Bang Phli, Samut Prakan
Number of units
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Sales Prices
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Monthly Rentals
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Year Built
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Completion Status
Completed
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