Unit ID: U1380320
3% Rental Yield
Suan Luang, Suan Luang,Bangkok
$189,000
3 Bedrooms
4
Bathrooms
1,615 Sqft
Indoor Area
3
Storeys
Dec 2010
Completed

About This Townhouse

This property is a 1,615 Sqft townhouse 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 Dec 2010. You can buy this townhouse for a base price of $189,000 ($117/Sqft).

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed Mar 7, 2023
Updated 1 year ago
Property Type Townhouse
Storeys 3
Location Suan Luang, Bangkok
Bedrooms 3
Nearest Landmark Hua Mak ARL -1.5 Km
Indoor Area 1,615 Sqft
Price per Sqft $117
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 904 Sqft
Pets All Kind of Pets Allowed
Townhouse Ownership

Foreign nationals can own the building (townhouse) 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 N/A
Construction Completed (Dec 2010)
Furniture
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1380320

Investment Opportunity: Charges & Yield

Sale Price
$189,000
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.
35
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 townhouses at Baan Klang Muang Rama 9 - Srinakarin, and the current sales price.
3%

Project Details

Developer: AP (Thailand)
Construction: Completed (Dec 2010)
Units: 3
Project Area: N/A
Nearest Landmark Hua Mak ARL - 1.5 Km
Location: Suan Luang, Bangkok
Baan Klang Muang Rama 9 - Srinakarin Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Outdoor Kids Zone Outdoor Kids Zone

Available Units at Baan Klang Muang Rama 9 - Srinakarin

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Frequently Asked Questions

All kind of pets are allowed at Baan Klang Muang Rama 9 - Srinakarin including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Hua Mak ARL is the nearest Airport Rail Link Station from Baan Klang Muang Rama 9 - Srinakarin and it is 1.5 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 Baan Klang Muang Rama 9 - Srinakarin 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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Suan Luang

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Baan Klang Muang Rama 9 - Srinakarin

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
Location
Suan Luang, Suan Luang, Bangkok
Number of units
177
Sales Prices
$1.31M - $1.43M
Monthly Rentals
$2.91K - $5.24K
Year Built
Feb 2005
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
N/A
Sales Prices
$43.42K - $131.12K
Monthly Rentals
$189 - $262
Year Built
Dec 1992
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
125
Sales Prices
$154.43K - $185.67K
▼ -28% underpriced
Monthly Rentals
$1.02K
Year Built
Mar 2010
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
366
Sales Prices
$116.55K - $218.54K
▼ -18% underpriced
Monthly Rentals
$728 - $874
Year Built
Dec 2014
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
112
Sales Prices
$268.07K - $437.07K
▼ -7% underpriced
Monthly Rentals
$1.31K - $2.04K
Year Built
Jun 2017
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
178
Sales Prices
$316.15K - $725.54K
▲ 5% overpriced
Monthly Rentals
$1.17K - $2.62K
Year Built
Nov 2019
Completion Status
Completed
Project Name
Vivid Tower
Location
Suan Luang, Suan Luang, Bangkok
Number of units
345
Sales Prices
$24.77K - $144.23K
▲ 33% overpriced
Monthly Rentals
$350 - $393
Year Built
Dec 1994
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
178
Sales Prices
$276.81K - $384.62K
Monthly Rentals
$2.04K - $2.77K
Year Built
Mar 2015
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
55
Sales Prices
$125.29K
Monthly Rentals
N/A
Year Built
Jan 2015
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
N/A
Sales Prices
$1.98M
▼ -8% underpriced
Monthly Rentals
N/A
Year Built
Dec 2008
Completion Status
Completed
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