Unit ID: U1700498
7% Rental Yield
Suan Luang, Suan Luang,Bangkok
$104,000
3 Bedrooms
2
Bathrooms
1,216 Sqft
Indoor Area
2
Storeys
Completed

About This Townhouse

This property is a 1,216 Sqft townhouse with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Suan Luang, Bangkok. You can buy this townhouse for a base price of $104,000 ($86/Sqft).

Features

Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed Dec 19, 2023
Updated 2 weeks ago
Property Type Townhouse
Storeys 2
Location Suan Luang, Bangkok
Bedrooms 3
Nearest Landmark Hua Mak ARL -2.4 Km
Indoor Area 1,216 Sqft
Price per Sqft $86
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
409 Sqft
Plot Size 732 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 Chanote
Construction Completed
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.
$69/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1700498

Investment Opportunity: Charges & Yield

Sale Price
$104,000
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.
$69/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 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 Villette Lite Pattanakarn 38, and the current sales price.
7%

Project Details

Developer: N/A
Construction: Completed (Aug 2015)
Units: 456
Project Area: N/A
Nearest Landmark Hua Mak ARL - 2.4 Km
Location: Suan Luang, Bangkok
Villette Lite Pattanakarn 38 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 Villette Lite Pattanakarn 38

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Frequently Asked Questions

All kind of pets are allowed at Villette Lite Pattanakarn 38 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is $1 per square meter based on the plot size of the property and is $69 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.
Hua Mak ARL is the nearest Airport Rail Link Station from Villette Lite Pattanakarn 38 and it is 2.4 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 Villette Lite Pattanakarn 38 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 Villette Lite Pattanakarn 38

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
179
Sales Prices
$522.21K - $864.54K
▲ 16% overpriced
Monthly Rentals
$2.32K - $5.22K
Year Built
Apr 2016
Completion Status
Completed
Project Name
Pruksa Ville 73
Location
Suan Luang, Suan Luang, Bangkok
Number of units
470
Sales Prices
$121.85K - $237.89K
Monthly Rentals
$754 - $1.16K
Year Built
Dec 2016
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
482
Sales Prices
$140.71K - $179.87K
▼ -26% underpriced
Monthly Rentals
$812 - $1.02K
Year Built
Dec 2015
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
438
Sales Prices
$109.95K - $252.4K
▲ 5% overpriced
Monthly Rentals
$1.25K - $1.51K
Year Built
Dec 2013
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
166
Sales Prices
$391.65K - $522.21K
Monthly Rentals
$1.31K - $1.74K
Year Built
Jul 2012
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
74
Sales Prices
$208.88K - $333.63K
▼ -16% underpriced
Monthly Rentals
$1.02K - $1.31K
Year Built
Dec 2018
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
112
Sales Prices
$266.91K - $435.17K
▼ -7% underpriced
Monthly Rentals
$1.31K - $1.74K
Year Built
Jun 2017
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
178
Sales Prices
$269.81K - $382.95K
Monthly Rentals
$1.31K - $2.76K
Year Built
Mar 2015
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
223
Sales Prices
$184.22K - $203.08K
Monthly Rentals
$870
Year Built
Jan 2014
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
366
Sales Prices
$116.05K - $217.59K
▼ -18% underpriced
Monthly Rentals
$725 - $870
Year Built
Dec 2014
Completion Status
Completed
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