Unit ID: U1982640
6% Rental Yield
Bang Waek, Phasi Charoen,Bangkok
$467,000
3 Bedrooms
3
Bathrooms
2,260 Sqft
Indoor Area
2
Storeys
Jan 2006
Completed

About This House

This property is a 2,260 Sqft house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Bang Waek, Bangkok and was completed in Jan 2006. You can buy this house for a base price of $467,000 ($207/Sqft).

Features

Pool AccessPool Access Private GardenPrivate Garden Covered ParkingCovered Parking Direct access to BTS/MRTDirect access to BTS/MRT

Basic Information

Date Listed Dec 9, 2024
Updated 2 days ago
Property Type House
Storeys 2
Location Bang Waek, Bangkok
Bedrooms 3
Nearest Landmark Bang Wa BTS -1.7 Km
Indoor Area 2,260 Sqft
Price per Sqft $207
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 4,189 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 (Jan 2006)
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) Park View, Garden View
Unit Type N/A
Parking Spots 2
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.
$103/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1982640

Investment Opportunity: Charges & Yield

Sale Price
$467,000
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.
$103/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 based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 3 bedroom houses at Nantawan Sathorn-Ratchaphruk, and the current sales price.
6%

Project Details

Developer: Land and Houses
Construction: Completed (Dec 2006)
Units: 382
Project Area: N/A
Nearest Landmark Bang Wa BTS - 1.7 Km
Location: Bang Waek, Bangkok
Nantawan Sathorn-Ratchaphruk Project Details

Project Features

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

Available Units at Nantawan Sathorn-Ratchaphruk

For Sale 8 For Rent 7
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Frequently Asked Questions

All kind of pets are allowed at Nantawan Sathorn-Ratchaphruk including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Bang Wa BTS is the nearest BTS Station from Nantawan Sathorn-Ratchaphruk and it is 1.7 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 Sathorn-Ratchaphruk 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
My second-hand house
Prayuth Suksee, Thailand, 8 years ago
I bought a second-hand three-bedroom house with furniture from an acquaintance at a reasonable price last year. In my house, there is a spacious area suitable for family living. There is also a clubhouse, swimming pool, and fitness center within the project. It's perfect for a gym fitness enthusiast like me. I used to pay monthly to go to the gym, which helps me save up a lot. In terms of location, it is considered good, quiet, and private. Importantly, it's not far from Central Pinklao, Taling Chan Floating Market, and government offices.
Bangkok
Bang Waek

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Nantawan Sathorn-Ratchaphruk

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