Unit ID: U160216
4% Rental Yield
Tenant-Occupied until Dec 1, 2025
Suan Luang, Suan Luang,Bangkok
$728,000
3 Bedrooms
3
Bathrooms
2,583 Sqft
Indoor Area
3
Storeys
Nov 2015
Completed

About This House

This property is a 2,583 Sqft house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Suan Luang, Bangkok and was completed in Nov 2015. You can buy this house for a base price of $728,000 ($282/Sqft) and it is also available for long term rentals starting from $2,330 per month.

Basic Information

Date Listed Jun 7, 2019
Updated 1 week ago
Property Type House
Storeys 3
Location Suan Luang, Bangkok
Bedrooms 3
Nearest Landmark Ramkhamhaeng ARL -1.4 Km
Indoor Area 2,583 Sqft
Price per Sqft $282
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 1,658 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.

N/A
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.

N/A
Land Title Deed N/A
Construction Completed (Nov 2015)
Furniture
Unfurnished
View(s) N/A
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 U160216

Investment Opportunity: Charges & Yield

Sale Price
$728,000
Rent
$2,330/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.
26
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: Nirvana Beyond Rama 9
Construction: Completed (Nov 2015)
Units: 62
Project Area: 244,134 Sqft
Nearest Landmark Ramkhamhaeng ARL - 1.4 Km
Location: Suan Luang, Bangkok
Nirvana Beyond Rama 9 Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at Nirvana Beyond Rama 9

For Sale 5 For Rent 4
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Frequently Asked Questions

All kind of pets are allowed at Nirvana Beyond Rama 9 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Ramkhamhaeng ARL is the nearest Airport Rail Link Station from Nirvana Beyond Rama 9 and it is 1.4 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 Nirvana Beyond Rama 9 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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Suan Luang

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Nirvana Beyond Rama 9

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
Suan Luang, Suan Luang, Bangkok
Number of units
16
Sales Prices
$477.86K - $786.73K
▼ -49% underpriced
Monthly Rentals
N/A
Year Built
Jan 2019
Completion Status
Completed
Project Name
Arna Rama 9
Location
Hua Mak, Suan Luang, Bangkok
Number of units
8
Sales Prices
$1.16M
Monthly Rentals
N/A
Year Built
Mar 2023
Completion Status
Completed
Project Name
Monte Rama 9
Location
Hua Mak, Suan Luang, Bangkok
Number of units
536
Sales Prices
$60.9K - $126.75K
▼ -10.3% underpriced
Monthly Rentals
$248 - $583
Year Built
May 2021
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
36
Sales Prices
$364.23K - $402.1K
Monthly Rentals
N/A
Year Built
Dec 2016
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
53
Sales Prices
$3.5M
Monthly Rentals
$5.83K
Year Built
Dec 2014
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
300
Sales Prices
$101.98K - $122.38K
Monthly Rentals
$554
Year Built
Jan 1997
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
2880
Sales Prices
$21.85K - $24.77K
Monthly Rentals
N/A
Year Built
Jan 1994
Completion Status
Completed
Location
Hua Mak, Suan Luang, Bangkok
Number of units
139
Sales Prices
$57.98K - $110.72K
Monthly Rentals
$233 - $393
Year Built
Nov 2015
Completion Status
Completed
Location
Hua Mak, Suan Luang, Bangkok
Number of units
639
Sales Prices
$75.47K - $201.05K
▼ -19% underpriced
Monthly Rentals
$321 - $772
Year Built
Dec 2019
Completion Status
Completed
Location
Hua Mak, Suan Luang, Bangkok
Number of units
570
Sales Prices
$92.95K - $218.54K
▲ 8% overpriced
Monthly Rentals
$437 - $816
Year Built
Jun 2020
Completion Status
Completed
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