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    3 Bedroom House for sale at The Palm Pattanakarn
    Suan Luang, Suan Luang,Bangkok
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    Sale Price
    $526,000
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    3 Bedroom House for sale at The Palm Pattanakarn
    (1 Review)
    Unit ID: U1099258
    6% Rental Yield
    Suan Luang, Suan Luang,Bangkok
    $526,000
    3 Bedrooms
    4
    Bathrooms
    2,303 Sqft
    Indoor Area
    2
    Storeys
    Apr 2016
    Completed
    17
    Sale Price
    $526,000

    About This House

    This property is a 2,303 Sqft house with 3 bedrooms and 4 bathrooms that is available for sale. It is part of the project in Suan Luang, Bangkok and was completed in Apr 2016. You can buy this house for a base price of $526,000 ($228/Sqft).

    Features

    Private GardenPrivate Garden Covered ParkingCovered Parking BalconyBalcony

    Basic Information

    Date Listed Mar 21, 2023
    Updated 1 year ago
    Property Type House (Single Detached)
    Storeys 2
    Location Suan Luang, Bangkok
    Bedrooms 3
    Nearest Landmark Hua Mak ARL -2.6 Km
    Indoor Area 2,303 Sqft
    Price per Sqft $228
    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 3,444 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 (Apr 2016)
    Furniture
    Unfurnished
    View(s) Garden View
    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.
    $63/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1099258

    Investment Opportunity: Charges & Yield

    Sale Price
    $526,000
    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.
    $63/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.
    16
    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 Palm Pattanakarn, and the current sales price.
    6%

    Project Details

    Project Name: The Palm Pattanakarn
    Developer: Pruksa Real Estate
    Construction: Completed (Apr 2016)
    Units: 179
    Project Area: 1,063,474 Sqft
    Nearest Landmark Hua Mak ARL - 2.6 Km
    Location: Suan Luang, Bangkok
    The Palm Pattanakarn Project Details

    Project Features

    Communal Pool Communal Pool
    Jacuzzi Jacuzzi
    Communal Gym Communal Gym
    Clubhouse Clubhouse
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Communal Garden Area Communal Garden Area
    Key card access Key card access

    Available Units at The Palm Pattanakarn

    For Sale 7 For Rent 5
    • All
    • 3 Beds
    • 4 Beds
    Get notified when new homes are being added to The Palm Pattanakarn
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    Frequently Asked Questions

    All kind of pets are allowed at The Palm Pattanakarn 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 $63 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.
    For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At The Palm Pattanakarn the required payment for the sinking fund is $3 per square meter based on the size of the indoor area of the property.
    Hua Mak ARL is the nearest Airport Rail Link Station from The Palm Pattanakarn and it is 2.6 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 The Palm 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

    4.8 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Luxury house, near the city center.
    Naratat Jitpakdee, Thailand, 6 years ago
    This house is a modern style house. The size of the house is large, with 3 bedrooms, 4 bathrooms, and a garage space that can park up to 2 cars. The house layout is well divided into different areas, decorated with furniture and highly premium materials, while the outside area has a garden for planting trees, and for pets to run and play. The most impressive thing is that there is a large club house, a fitness center with a lot of exercise equipment, a large garden and security for 24 hours. The project is near Bangkok Hospital, Ramkhamhaeng Demonstration School, and close to The Mall Bangkapi as well. If you are looking for a big house with easy travelling, this is the answer!
    Bangkok
    Suan Luang

    Neighborhood Overview

    Location and Neighborhood

    Street View

    Projects Nearby The Palm Pattanakarn

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    Project Name
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    Villette City Pattanakarn 38
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    Completion Status
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    Number of units
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    Monthly Rentals
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    Completion Status
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    Number of units
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    Sales Prices
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    Monthly Rentals
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    Year Built
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    Completion Status
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    Location
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    Number of units
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    Sales Prices
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    Monthly Rentals
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    Year Built
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    Completion Status
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    Location
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    Number of units
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    Sales Prices
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    ▼ -7% underpriced
    Monthly Rentals
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    Year Built
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    Completion Status
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    Projects Nearby The Palm Pattanakarn
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    Villette City Pattanakarn 38
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    Pruksa Ville 57 Pattanakarn
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    The Plant Pattanakarn
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    Patio Rama 9 - Pattanakarn
    Siraninn Residences
    Passorn Prestige Luxe Pattanakarn 38
    The Plant Estique Pattanakarn 38
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