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    3 Bedroom House for sale at The Trust Srinakarin-Praeksa
    Phraeksa, Mueang Samut Prakan,Samut Prakan
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    Sale Price
    $97,100
    Request Details

    3 Bedroom House for sale at The Trust Srinakarin-Praeksa
     (Write Review)
    Unit ID: U1963216
    5% Rental Yield
    Phraeksa, Mueang Samut Prakan,Samut Prakan
    $97,100
    3 Bedrooms
    2
    Bathrooms
    1,238 Sqft
    Indoor Area
    2
    Storeys
    Jan 2017
    Completed
    25
    Sale Price
    $97,100

    About This House

    This property is a 1,238 Sqft house with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Phraeksa, Samut Prakan and was completed in Jan 2017. You can buy this house for a base price of $97,100 ($78/Sqft) and it is also available for long term rentals starting from $441 per month.

    Features

    Covered ParkingCovered Parking Access to BTS/MRTAccess to BTS/MRT

    Basic Information

    Date Listed Nov 5, 2024
    Updated 1 month ago
    Property Type House
    Storeys 2
    Location Phraeksa, Samut Prakan
    Bedrooms 3
    Nearest Landmark Kheha BTS -6.3 Km
    Indoor Area 1,238 Sqft
    Price per Sqft $78
    Outdoor Area
    This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
    301 Sqft
    Plot Size 1,537 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 Nor Sor 3 Gor
    Construction Completed (Jan 2017)
    Furniture
    Unfurnished
    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.
    $379/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1963216

    Investment Opportunity: Charges & Yield

    Sale Price
    $97,100
    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.
    $379/mo
    Rent
    $441/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.
    18
    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 Trust Srinakarin-Praeksa
    Developer: N/A
    Construction: Completed (Feb 2018)
    Units: 364
    Project Area: N/A
    Nearest Landmark Kheha BTS - 6.3 Km
    Location: Phraeksa, Samut Prakan
    The Trust Srinakarin-Praeksa Project Details

    Project Features

    Communal Pool Communal Pool
    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

    Available Units at The Trust Srinakarin-Praeksa

    For Sale 2 For Rent 1
    • All
    • 3 Beds
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    Frequently Asked Questions

    No pets are allowed at The Trust Srinakarin-Praeksa unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
    Kheha BTS is the nearest BTS Station from The Trust Srinakarin-Praeksa and it is 6.3 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 Trust Srinakarin-Praeksa 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
    Phraeksa

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