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    4 Bedroom House for sale at Lake Serene Rama 2
    Bang Nam Chuet, Mueang Samut Sakhon,Samut Sakhon
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    Sale Price
    $286,000
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    4 Bedroom House for sale at Lake Serene Rama 2
     (Write Review)
    Unit ID: U621092
    12% Rental Yield
    Bang Nam Chuet, Mueang Samut Sakhon,Samut Sakhon
    $286,000
    4 Bedrooms
    3
    Bathrooms
    2,120 Sqft
    Indoor Area
    2
    Storeys
    Dec 2019
    Completed
    7
    Sale Price
    $286,000

    About This House

    This property is a 2,120 Sqft house with 4 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Bang Nam Chuet, Samut Sakhon and was completed in Dec 2019. You can buy this house for a base price of $286,000 ($135/Sqft).

    Features

    Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking

    Basic Information

    Date Listed Jun 18, 2020
    Updated N/A
    Property Type House
    Storeys 2
    Location Bang Nam Chuet, Samut Sakhon
    Bedrooms 4
    Nearest Landmark Lak Song MRT -12 Km
    Indoor Area 2,120 Sqft
    Price per Sqft $135
    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 4,349 Sqft
    Pets N/A
    House Ownership

    Foreign nationals can own the building (house) in their own name, but not the land that it stands on.

    Thai Ownership, Company
    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, Company
    Land Title Deed N/A
    Construction Completed (Dec 2019)
    Furniture
    Unfurnished
    View(s) Garden View
    Unit Type Meadow
    Parking Spots 1
    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.
    $140/mo
    Listed By
    Developer
    Electricity Price N/A
    Water Price N/A
    Unit ID U621092

    Investment Opportunity: Charges & Yield

    Sale Price
    $286,000
    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.
    $140/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.
    8
    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 4 bedroom houses at Lake Serene Rama 2, and the current sales price.
    12%

    Project Details

    Project Name: Lake Serene Rama 2
    Developer: RISLAND (Thailand)
    Construction: Completed (Dec 2019)
    Units: 485
    Project Area: N/A
    Nearest Landmark Lak Song MRT - 12 Km
    Location: Bang Nam Chuet, Samut Sakhon
    Lake Serene Rama 2 Project Details

    Project Features

    Communal Pool Communal Pool
    Communal Gym Communal Gym
    Clubhouse Clubhouse
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)

    Available Units at Lake Serene Rama 2

    For Sale 2 For Rent 1
    • All
    • 4 Beds
    Get notified when new homes are being added to Lake Serene Rama 2
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    Frequently Asked Questions

    The common area maintenance fee is $0 per square meter based on the plot size of the property and is $140 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.
    Lak Song MRT is the nearest MRT Station from Lake Serene Rama 2 and it is 12 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 Lake Serene Rama 2 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 Sakhon
    Bang Nam Chuet

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