Unit ID: U1670456
4% Rental Yield
Suan Luang, Suan Luang,Bangkok
$720,000
3 Bedrooms
3
Bathrooms
2,153 Sqft
Indoor Area
2
Storeys
Nov 2019
Completed

About This House

This property is a 2,153 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 2019. You can buy this house for a base price of $720,000 ($334/Sqft).

Features

Garden AccessGarden Access TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Full Western KitchenFull Western Kitchen MicrowaveMicrowave OvenOven TVTV

Basic Information

Date Listed Nov 13, 2024
Updated 1 month ago
Property Type House
Storeys 2
Location Suan Luang, Bangkok
Bedrooms 3
Nearest Landmark Hua Mak ARL -1.6 Km
Indoor Area 2,153 Sqft
Price per Sqft $334
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
2,153 Sqft
Plot Size 3,186 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 (Nov 2019)
Furniture
Specific items of furniture can be requested in the sale, or buyers can offer to purchase some or all of it. When negotiating a deal, either party can suggest that such items be included in the sale price.
Negotiable
View(s) City 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.
$69/mo
Listed By
Each listing provided by partnered agents is individually verified by AsiaVillas. Partner Agents work for different brokerages or property management companies but have teamed up with AsiaVillas so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1670456

Investment Opportunity: Charges & Yield

Sale Price
$720,000
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.
$69/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 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 Passorn Prestige Luxe Pattanakarn, and the current sales price.
4%

Project Details

Developer: Pruksa Real Estate
Construction: Completed (Nov 2019)
Units: 178
Project Area: N/A
Nearest Landmark Hua Mak ARL - 1.6 Km
Location: Suan Luang, Bangkok
Passorn Prestige Luxe Pattanakarn Project Details

Project Features

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

Available Units at Passorn Prestige Luxe Pattanakarn

For Sale 2 For Rent 5
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Frequently Asked Questions

All kind of pets are allowed at Passorn Prestige Luxe Pattanakarn including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is $0 per square meter based on the plot size of the property and is $69 for this house. This fee has to be paid by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
Hua Mak ARL is the nearest Airport Rail Link Station from Passorn Prestige Luxe Pattanakarn and it is 1.6 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 Passorn Prestige Luxe Pattanakarn 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
A detached house in a good location, near CBD Sukhumvit area
Patrick Lim, Malaysia, 2 years ago
If anyone is looking for a house that is a little bit out of town but not far from the suburbs, I would recommend this project. It is easily accessible via many routes, including Pattanakarn, Srinakarin, and On Nut Roads. If traveling to the Sukhumvit area, it takes less than 20 minutes. Also, several amenities are surrounding, such as Tesco Lotus On Nut, Seacon Square Srinakarin, Sukhumvit Hospital, etc. As for the project, it offers 5 types of houses for you to choose from, with the living area ranging from 121 - 167 sq.m. Every house comes with 3 bedrooms and 2-3 bathrooms. The inside is airy, open, and cozy, as well as being adjustable as needed. The project facilities also include the clubhouse, swimming pool, fitness center, and 24H security system.
Bangkok
Suan Luang

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Passorn Prestige Luxe Pattanakarn

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
366
Sales Prices
$115.63K - $216.8K
▼ -18% underpriced
Monthly Rentals
$723 - $867
Year Built
Dec 2014
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
55
Sales Prices
$124.3K
Monthly Rentals
N/A
Year Built
Jan 2015
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
112
Sales Prices
$265.94K - $433.6K
▼ -7% underpriced
Monthly Rentals
$1.3K - $2.02K
Year Built
Jun 2017
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
178
Sales Prices
$274.61K - $381.57K
Monthly Rentals
$2.02K - $2.75K
Year Built
Mar 2015
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
22
Sales Prices
$675.55K - $800.71K
Monthly Rentals
N/A
Year Built
Dec 2020
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
177
Sales Prices
$1.3M - $1.42M
Monthly Rentals
$2.89K - $5.2K
Year Built
Feb 2005
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
74
Sales Prices
$208.13K - $332.43K
▼ -16% underpriced
Monthly Rentals
$1.01K - $1.3K
Year Built
Dec 2018
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
166
Sales Prices
$390.24K - $520.32K
Monthly Rentals
$1.3K - $1.73K
Year Built
Jul 2012
Completion Status
Completed
Project Name
Varathorn Ville
Location
Suan Luang, Suan Luang, Bangkok
Number of units
114
Sales Prices
$199.46K - $208.13K
Monthly Rentals
$954 - $1.01K
Year Built
Jan 2013
Completion Status
Completed
Project Name
Vivid Tower
Location
Suan Luang, Suan Luang, Bangkok
Number of units
345
Sales Prices
$24.57K - $143.09K
▲ 33% overpriced
Monthly Rentals
$347 - $390
Year Built
Dec 1994
Completion Status
Completed
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