Unit ID: U153243
5% Rental Yield
Thung Khru, Thung Khru,Bangkok
$184,000
3 Bedrooms
3
Bathrooms
3,242 Sqft
Indoor Area
2
Storeys
Dec 2016
Completed

About This House

This property is a 3,242 Sqft house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Thung Khru, Bangkok and was completed in Dec 2016. You can buy this house for a base price of $184,000 ($57/Sqft).

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed Oct 9, 2019
Updated 4 years ago
Property Type House
Storeys 2
Location Thung Khru, Bangkok
Bedrooms 3
Nearest Landmark Wutthakat BTS -10.3 Km
Indoor Area 3,242 Sqft
Price per Sqft $57
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 3,242 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.

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 2016)
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) Garden View, Blocked 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.
$52/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U153243

Investment Opportunity: Charges & Yield

Sale Price
$184,000
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.
$52/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.
21
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 The Grand Wongwan-Prachauthit, and the current sales price.
5%

Project Details

Developer: Golden Land
Construction: Completed (Dec 2016)
Units: 282
Project Area: N/A
Nearest Landmark Wutthakat BTS - 10.3 Km
Location: Thung Khru, Bangkok
The Grand Wongwan-Prachauthit Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone

Available Units at The Grand Wongwan-Prachauthit

For Sale 2 For Rent 1
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Frequently Asked Questions

All kind of pets are allowed at The Grand Wongwan-Prachauthit including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is $0 per square meter based on the size of indoor area of the property and is $52 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.
Wutthakat BTS is the nearest BTS Station from The Grand Wongwan-Prachauthit and it is 10.3 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 Grand Wongwan-Prachauthit 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

4.5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A quality detached house project.
Eakachai Boonchoo, Thailand, 8 years ago
My modern detached house has 3 bedrooms and has a lot of space inside and outside which is suitable for family living. There is a clubhouse in the project, featuring a swimming pool, and fitness center. Although it is close to shops, restaurants, schools, and CentralPlaza Rama 2, it is still quite far from BTS, MRT, and ARL station, making travel options limited and not as convenient as they should be.
Bangkok
Thung Khru

Neighborhood Overview

Location and Neighborhood

Street View

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