Unit ID: U1865882
8% Rental Yield
Hua Mak, Bang Kapi,Bangkok
$220,000
3 Bedrooms
3
Bathrooms
1,518 Sqft
Indoor Area
Completed

About This Townhouse

This property is a 1,518 Sqft townhouse with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Hua Mak, Bangkok. You can buy this townhouse for a base price of $220,000 ($145/Sqft) and it is also available for long term rentals starting from $1,380 per month.

Features

TerraceTerrace BalconyBalcony MicrowaveMicrowave OvenOven TVTV

Basic Information

Date Listed Jun 12, 2024
Updated 6 months ago
Property Type Townhouse
Storeys N/A
Location Hua Mak, Bangkok
Bedrooms 3
Nearest Landmark Ban Thap Chang ARL -3.1 Km
Indoor Area 1,518 Sqft
Price per Sqft $145
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 N/A
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.

N/A
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.

N/A
Land Title Deed N/A
Construction Completed
Furniture
N/A
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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1865882

Investment Opportunity: Charges & Yield

Sale Price
$220,000
Rent
$1,380/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.
13
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.
8%

Project Details

Developer: N/A
Construction: Completed (Jun 2016)
Units: 74
Project Area: N/A
Nearest Landmark Ban Thap Chang ARL - 3.1 Km
Location: Hua Mak, Bangkok
Patio Srinakarin - Rama 9 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

Available Units at Patio Srinakarin - Rama 9

For Sale 4 For Rent 12
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Frequently Asked Questions

All kind of pets are allowed at Patio Srinakarin - Rama 9 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is $3 per square meter based on the plot size of the property and is 0 for this townhouse. 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.
Ban Thap Chang ARL is the nearest Airport Rail Link Station from Patio Srinakarin - Rama 9 and it is 3.1 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 Patio Srinakarin - Rama 9 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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Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Patio Srinakarin - Rama 9

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
Hua Mak, Bang Kapi, Bangkok
Number of units
36
Sales Prices
$1.66M
▲ 2.5% overpriced
Monthly Rentals
N/A
Year Built
Dec 2021
Completion Status
Completed
Project Name
ARQ10
Location
Hua Mak, Bang Kapi, Bangkok
Number of units
10
Sales Prices
$1.11M - $2.28M
Monthly Rentals
N/A
Year Built
Jul 2024
Completion Status
Made To Order
Location
Hua Mak, Bang Kapi, Bangkok
Number of units
10
Sales Prices
$2.36M
Monthly Rentals
N/A
Year Built
Jan 2024
Completion Status
Completed
Location
Hua Mak, Bang Kapi, Bangkok
Number of units
9
Sales Prices
$278.24K
Monthly Rentals
$615
Year Built
Jun 2013
Completion Status
Completed
Project Name
Vive Rama 9
Location
Saphan Sung, Bang Kapi, Bangkok
Number of units
75
Sales Prices
$1.05M - $1.99M
Monthly Rentals
$6.15K - $13.18K
Year Built
May 2022
Completion Status
Completed
Location
Saphan Sung, Bang Kapi, Bangkok
Number of units
88
Sales Prices
$1.32M - $2.49M
Monthly Rentals
$5.86K - $102.51K
Year Built
Jun 2022
Completion Status
Completed
Project Name
The Urban Reserve
Location
Suan Luang, Bang Kapi, Bangkok
Number of units
17
Sales Prices
$1.11M - $1.32M
▼ -7% underpriced
Monthly Rentals
$5.86K - $7.32K
Year Built
Jun 2019
Completion Status
Completed
Project Name
The Metro Rama 9
Location
Prawet, Bang Kapi, Bangkok
Number of units
275
Sales Prices
$119.47K - $166.94K
Monthly Rentals
$732
Year Built
Dec 2010
Completion Status
Completed
Location
Hua Mak, Bang Kapi, Bangkok
Number of units
205
Sales Prices
$260.67K
Monthly Rentals
$554 - $732
Year Built
Dec 2013
Completion Status
Completed
Location
Saphan Sung, Bang Kapi, Bangkok
Number of units
72
Sales Prices
$615.06K - $1.32M
Monthly Rentals
$2.93K - $7.32K
Year Built
Jan 2020
Completion Status
Completed
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