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    3 Bedroom House for sale at The Connect Suvarnabhumi 4
    Racha Thewa, Bang Phli,Samut Prakan
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    Sale Price
    $234,000
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    3 Bedroom House for sale at The Connect Suvarnabhumi 4
     (Write Review)
    Unit ID: U1413348
    5% Rental Yield
    Racha Thewa, Bang Phli,Samut Prakan
    $234,000
    3 Bedrooms
    2
    Bathrooms
    1,421 Sqft
    Indoor Area
    3
    Storeys
    Oct 2022
    Completed
    8
    Sale Price
    $234,000

    About This House

    This property is a 1,421 Sqft house with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Racha Thewa, Samut Prakan and was completed in Oct 2022. You can buy this house for a base price of $234,000 ($165/Sqft) and it is also available for long term rentals starting from $1,030 per month.

    Features

    TerraceTerrace Covered ParkingCovered Parking Corner UnitCorner Unit BalconyBalcony

    Basic Information

    Date Listed May 23, 2023
    Updated 1 year ago
    Property Type House (Single Detached)
    Storeys 3
    Location Racha Thewa, Samut Prakan
    Bedrooms 3
    Nearest Landmark Suvarnabhumi ARL -4.3 Km
    Indoor Area 1,421 Sqft
    Price per Sqft $165
    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 1,421 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 (Oct 2022)
    Furniture
    Unfurnished
    View(s) Unblocked Open View
    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 U1413348

    Investment Opportunity: Charges & Yield

    Sale Price
    $234,000
    Rent
    $1,030/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.
    19
    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.
    5%

    Project Details

    Project Name: The Connect Suvarnabhumi 4
    Developer: Pruksa Real Estate
    Construction: Completed (Feb 2018)
    Units: 418
    Project Area: 623,454 Sqft
    Nearest Landmark Suvarnabhumi ARL - 4.3 Km
    Location: Racha Thewa, Samut Prakan
    The Connect Suvarnabhumi 4 Project Details

    Project Features

    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Kids Pool Kids Pool
    Communal Garden Area Communal Garden Area
    Key card access Key card access

    Available Units at The Connect Suvarnabhumi 4

    For Sale 3 For Rent 3
    • All
    • 3 Beds
    Get notified when new homes are being added to The Connect Suvarnabhumi 4
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    Frequently Asked Questions

    All kind of pets are allowed at The Connect Suvarnabhumi 4 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    Suvarnabhumi ARL is the nearest Airport Rail Link Station from The Connect Suvarnabhumi 4 and it is 4.3 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 The Connect Suvarnabhumi 4 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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    Samut Prakan
    Racha Thewa

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