Unit ID: U1670650
5% Rental Yield
Prawet, Prawet,Bangkok
$410,000
3 Bedrooms
3
Bathrooms
2,594 Sqft
Indoor Area
2
Storeys
Dec 2011
Completed

About This House

This property is a 2,594 Sqft house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Prawet, Bangkok and was completed in Dec 2011. You can buy this house for a base price of $410,000 ($158/Sqft).

Features

JacuzziJacuzzi Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Maids QuartersMaids Quarters BalconyBalcony

Basic Information

Date Listed Nov 13, 2024
Updated 5 days ago
Property Type House
Storeys 2
Location Prawet, Bangkok
Bedrooms 3
Nearest Landmark Ban Thap Chang ARL -2.3 Km
Indoor Area 2,594 Sqft
Price per Sqft $158
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 4,306 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 (Dec 2011)
Furniture
Unfurnished
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.
$72/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1670650

Investment Opportunity: Charges & Yield

Sale Price
$410,000
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.
$72/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.
20
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 Perfect Masterpiece Rama 9, and the current sales price.
5%

Project Details

Developer: Property Perfect
Construction: Completed (Dec 2019)
Units: 165
Project Area: 17,222 Sqft
Nearest Landmark Ban Thap Chang ARL - 2.3 Km
Location: Prawet, Bangkok
Perfect Masterpiece Rama 9 Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
Sauna Sauna
Key card access Key card access

Available Units at Perfect Masterpiece Rama 9

For Sale 15 For Rent 13
Available Units at Perfect Masterpiece Rama 9
$410,000
$158/Sqft
Beds 3 Beds
Baths 3 Baths
Size 2,594 Sqft Size
Plot Size 4,306 Sqft Plot Size
Unfurnished Garden View
Available Units at Perfect Masterpiece Rama 9
$645,000
$249/Sqft
Beds 3 Beds
Baths 4 Baths
Size 2,594 Sqft Size
Plot Size - Plot Size
Fully Furnished City View
Updated 2 weeks ago
Available Units at Perfect Masterpiece Rama 9
$2,720,000
$313/Sqft
Beds 5 Beds
Baths 6 Baths
Size 8,697 Sqft Size
Plot Size 7,535 Sqft Plot Size
Fully Furnished
Updated 3 weeks ago
Available Units at Perfect Masterpiece Rama 9
$367,000
$227/Sqft
Beds 3 Beds
Baths 3 Baths
Size 1,615 Sqft Size
Plot Size 2,756 Sqft Plot Size
Fully Furnished
Available Units at Perfect Masterpiece Rama 9
$1,090,000
$332/Sqft
Beds 4 Beds
Baths 5 Baths
Size 3,283 Sqft Size
Plot Size 1,345 Sqft Plot Size
Unfurnished
Available Units at Perfect Masterpiece Rama 9
$1,320,000
$312/Sqft
Beds 5 Beds
Baths 5 Baths
Size 4,230 Sqft Size
Plot Size 1,615 Sqft Plot Size
Unfurnished
Available Units at Perfect Masterpiece Rama 9
$1,000,000
$366/Sqft
Beds 4 Beds
Baths 4 Baths
Size 2,745 Sqft Size
Plot Size 1,184 Sqft Plot Size
Unfurnished
Available Units at Perfect Masterpiece Rama 9
$1,060,000
$259/Sqft
Beds 5 Beds
Baths 4 Baths
Size 4,090 Sqft Size
Plot Size 6,760 Sqft Plot Size
Fully Furnished Garden View
Available Units at Perfect Masterpiece Rama 9
$1,580,000
$308/Sqft
Beds 5 Beds
Baths 6 Baths
Size 5,113 Sqft Size
Plot Size 1,862 Sqft Plot Size
Unfurnished
Available Units at Perfect Masterpiece Rama 9
$846,000
$157/Sqft
Great Price
Beds 4 Beds
Baths 4 Baths
Size 5,382 Sqft Size
Plot Size 7,922 Sqft Plot Size
Partly Furnished City View
Available Units at Perfect Masterpiece Rama 9
$430,000
$194/Sqft
Beds 3 Beds
Baths 3 Baths
Size 2,217 Sqft Size
Plot Size 3,488 Sqft Plot Size
Fully Furnished Garden View
Available Units at Perfect Masterpiece Rama 9
$717,000
$166/Sqft
Beds 5 Beds
Baths 4 Baths
Size 4,306 Sqft Size
Plot Size 6,803 Sqft Plot Size
Thai Quota Unfurnished City View
Available Units at Perfect Masterpiece Rama 9
$817,000
$227/Sqft
Beds 5 Beds
Baths 6 Baths
Size 3,606 Sqft Size
Plot Size 6,372 Sqft Plot Size
Thai Quota Fully Furnished City View
Available Units at Perfect Masterpiece Rama 9
$1,720,000
$312/Sqft
Beds 4 Beds
Baths 5 Baths
Size 5,511 Sqft Size
Plot Size 9,085 Sqft Plot Size
Unfurnished Garden View
Available Units at Perfect Masterpiece Rama 9
$1,860,000
$385/Sqft
Beds 4 Beds
Baths 5 Baths
Size 4,844 Sqft Size
Plot Size 6,415 Sqft Plot Size
Fully Furnished Garden View
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Frequently Asked Questions

All kind of pets are allowed at Perfect Masterpiece Rama 9 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Ban Thap Chang ARL is the nearest Airport Rail Link Station from Perfect Masterpiece Rama 9 and it is 2.3 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

After you have found the right property at Perfect Masterpiece 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

Reviews

4.2 out of 5
Based on
5 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A luxury mansion in the downtown of Rama 9
Satomi Sato, Japan, 4 years ago
The developer has collaborated with a Japanese Team. Therefore, the style of the house has been influenced by Japanese design. There is a use of wood for interior decoration and brought an advanced innovative technology from Japan. The advanced technology will make the living of the residents get a better life. Moreover, bringing a cool home system, the dust-free home system, and the energy-saving house is attractive. Besides, there is a bedroom with a cushioned floor downstairs as well. When falling, it won't hurt. Furthermore, the bathroom has a door more than 1 meter wide with a ramp, which is very suitable for the elderly. Moreover, the location of the project is considered a prime location in the future. It is near the expressway and Suvarnabhumi International Airport. It is convenient to travel everywhere.
Perfect home!
Thanet Belfield, Thailand, 4 years ago
I bought this 2-story house with 4 bathrooms. The house is quite large, so it doesn't feel cramped. The house is durable with quality material. It's quite shady around the project, and the facilities are elegant. Excellent location close to Motorway 7 and Stamford International University. Both of my children study here, so it's convenient to get there.
A New Innovation House for The Future
Natee M., Thailand, 4 years ago
Perfect Masterpiece Rama 9 is such a unique project which attracts me to buy it. It's designed for the future, and many innovations were imported from Japan. Actually, my friends brought me into the project, and I decided to buy one unit. I bought this house because I wish to have this kind of innovation house before, and I think it might be good for the future. The highlight that the developer pays attention to build this house is the advanced technology applied, such as it is used as a fresh air technology in the house. This technology brings the atmosphere of the house comfortable and safe living from air pollution PM 2.5. This house is suitable for urban residents nowadays. With modern construction, I trust in the standard project materials used because they are stronger than the reinforced concrete and absorb the earthquake's force well. If I want to enlarge the house in the future, I can also do it easily because the house walls here are designed to be moved. Besides, it helps me save electricity and helps the world reducing pollution. The location is excellent, but not recommended for people who like to travel by the BTS Skytrain station because it is far from those stations. For me, there is no problem in this regard because I use a private car to get around the city is easy and convenient. Also, the Bangkok - Kretha Road, which is under construction, will be completed shortly. It will be more comfortable and convenient to travel everywhere
Quality and environmentally friendly home
Wachapon F., Thailand, 4 years ago
It is a quality house that I chose to buy, and I don't disappoint. Perfect Masterpiece Rama 9 is a modern style house, which is very pleasing to me. The design makes spending life comfortable because there is a circulating air system by the innovative AIR FACTORY SYSTEM and environmentally friendly. Besides, many on-site facilities, such as a fitness center, living room, and a tight security system. I'm sure it's safe. Also, this house will not affect the problem if there is a flood because there is a floor service system that will help prevent the house's subsidence.
The project design is in modern style.
Waran Lee, Thailand, 5 years ago
We bought a house here as a bridal house, which it's been chosen by my husband. He loves the modern house, so we decided to buy the project here. The project design can be called modern. It is a smart home system and is also equipped with an energy-saving system. It meets the foreigners' needs. Besides, the communal pool and a park for jogging and family activities. It's a green area in the center of the city. The disadvantage is that traveling to various places is not convenient, and you have to use a private car only and far from the other amenities !!!
Bangkok
Prawet

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Perfect Masterpiece 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
Project Name
The Metro Rama 9
Location
Prawet, Prawet, Bangkok
Number of units
275
Sales Prices
$120.41K - $163.41K
Monthly Rentals
$717
Year Built
Dec 2010
Completion Status
Completed
Location
Saphan Sung, Prawet, Bangkok
Number of units
88
Sales Prices
$1.29M - $2.44M
Monthly Rentals
$7.17K - $100.34K
Year Built
Jun 2022
Completion Status
Completed
Project Name
Vive Rama 9
Location
Saphan Sung, Prawet, Bangkok
Number of units
75
Sales Prices
$1.03M - $1.38M
Monthly Rentals
$6.02K - $12.9K
Year Built
May 2022
Completion Status
Completed
Project Name
Golden Nakara
Location
Prawet, Prawet, Bangkok
Number of units
246
Sales Prices
$372.69K - $1.49M
Monthly Rentals
$1.43K - $2.72K
Year Built
Jan 2000
Completion Status
Completed
Location
Prawet, Prawet, Bangkok
Number of units
N/A
Sales Prices
$171.72K
Monthly Rentals
$917
Year Built
N/A
Completion Status
Completed
Location
Saphan Sung, Prawet, Bangkok
Number of units
49
Sales Prices
$1.09M - $1.4M
Monthly Rentals
$4.16K - $12.04K
Year Built
N/A
Completion Status
Off Plan
Location
Prawet, Prawet, Bangkok
Number of units
700
Sales Prices
$659.37K
▼ -50% underpriced
Monthly Rentals
N/A
Year Built
Dec 1977
Completion Status
Completed
Location
Saphan Sung, Prawet, Bangkok
Number of units
72
Sales Prices
$602.04K - $1.29M
Monthly Rentals
$2.87K - $7.17K
Year Built
Jan 2020
Completion Status
Completed
Location
Prawet, Prawet, Bangkok
Number of units
57
Sales Prices
$1.05M
▼ -21% underpriced
Monthly Rentals
$4.44K
Year Built
Jan 2012
Completion Status
Completed
Location
Hua Mak, Prawet, Bangkok
Number of units
74
Sales Prices
$126.14K - $215.01K
Monthly Rentals
$803 - $1.35K
Year Built
Jun 2016
Completion Status
Completed
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