Unit ID: U1936184
3% Rental Yield
Bang Mueang, Mueang Samut Prakan,Samut Prakan
$495,000
3 Bedrooms
3
Bathrooms
2,034 Sqft
Indoor Area
2
Storeys
Off Plan

About This House

This property is a 2,034 Sqft house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Bang Mueang, Samut Prakan. You can buy this house for a base price of $495,000 ($243/Sqft) and it is also available for long term rentals starting from $1,290 per month.

Basic Information

Date Listed Sep 19, 2024
Updated 2 months ago
Property Type House
Storeys 2
Location Bang Mueang, Samut Prakan
Bedrooms 3
Nearest Landmark Srinagarindra BTS -3 Km
Indoor Area 2,034 Sqft
Price per Sqft $243
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 5,296 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 Chanote
Construction Off Plan
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) N/A
Unit Type N/A
Parking Spots 3
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 U1936184

Investment Opportunity: Charges & Yield

Sale Price
$495,000
Rent
$1,290/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.
32
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.
3%

Project Details

Developer: N/A
Construction: Off Plan
Units: 187
Project Area: N/A
Nearest Landmark Srinagarindra BTS - 3 Km
Location: Bang Mueang, Samut Prakan
Flora Ville Srinagarindra-Thepharak Project Details

Project Features

Outdoor Kids Zone Outdoor Kids Zone
Communal Garden Area Communal Garden Area

Available Units at Flora Ville Srinagarindra-Thepharak

For Sale 2 For Rent 1
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Frequently Asked Questions

No pets are allowed at Flora Ville Srinagarindra-Thepharak unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Srinagarindra BTS is the nearest BTS Station from Flora Ville Srinagarindra-Thepharak and it is 3 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

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

After you have found the right property at Flora Ville Srinagarindra-Thepharak you have to follow these steps:

 

  • - Unit selection and agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - 1st Contract Payment
  • - Payment Installments
  • - Snag List
  • - Transfer

Read more here

 

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Samut Prakan
Bang Mueang

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Flora Ville Srinagarindra-Thepharak

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
Bang Mueang, Mueang Samut Prakan, Samut Prakan
Number of units
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$93.72K
Monthly Rentals
N/A
Year Built
Jan 2009
Completion Status
Completed
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Bang Mueang, Mueang Samut Prakan, Samut Prakan
Number of units
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Year Built
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Number of units
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Sales Prices
$21.38K
Monthly Rentals
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Year Built
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Completion Status
Completed
Location
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Number of units
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Sales Prices
$26.07K - $42.47K
Monthly Rentals
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Year Built
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Location
Thepharak, Mueang Samut Prakan, Samut Prakan
Number of units
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Sales Prices
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Monthly Rentals
N/A
Year Built
Jan 2008
Completion Status
Completed
Location
Bang Mueang, Mueang Samut Prakan, Samut Prakan
Number of units
227
Sales Prices
$73.22K - $80.54K
Monthly Rentals
N/A
Year Built
Aug 2017
Completion Status
Completed
Location
Bang Mueang, Mueang Samut Prakan, Samut Prakan
Number of units
N/A
Sales Prices
$146.15K
Monthly Rentals
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Year Built
Jan 2023
Completion Status
Completed
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