Unit ID: U1950080
6% Rental Yield
Racha Thewa, Bang Phli,Samut Prakan
$1,240,000
4 Bedrooms
5
Bathrooms
4,047 Sqft
Indoor Area
2
Storeys
Completed

About This House

This property is a 4,047 Sqft house with 4 bedrooms and 5 bathrooms that is available for sale. It is part of the project in Racha Thewa, Samut Prakan. You can buy this house for a base price of $1,240,000 ($307/Sqft).

Features

Covered ParkingCovered Parking

Basic Information

Date Listed Oct 15, 2024
Updated 3 weeks ago
Property Type House
Storeys 2
Location Racha Thewa, Samut Prakan
Bedrooms 4
Nearest Landmark The Paseo Mall -0.5 Km
Indoor Area 4,047 Sqft
Price per Sqft $307
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 5,920 Sqft
Pets All Kind of Pets Allowed
House Ownership

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

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.

Company
Land Title Deed Chanote
Construction Completed
Furniture
Unfurnished
View(s) N/A
Unit Type N/A
Parking Spots 4
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 U1950080

Investment Opportunity: Charges & Yield

Sale Price
$1,240,000
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.
16
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 Perfect Masterpiece Sukhumvit 77, and the current sales price.
6%

Project Details

Developer: N/A
Construction: Completed (Jan 2022)
Units: 53
Project Area: N/A
Nearest Landmark The Paseo Mall - 0.5 Km
Location: Racha Thewa, Samut Prakan
Perfect Masterpiece Sukhumvit 77 Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Sauna Sauna

Available Units at Perfect Masterpiece Sukhumvit 77

For Sale 9 For Rent 21
Get notified when new homes are being added to Perfect Masterpiece Sukhumvit 77
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Frequently Asked Questions

All kind of pets are allowed at Perfect Masterpiece Sukhumvit 77 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The Paseo Mall is the nearest Shopping Mall from Perfect Masterpiece Sukhumvit 77 and it is 0.5 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 Perfect Masterpiece Sukhumvit 77 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
Racha Thewa

Neighborhood Overview

Location and Neighborhood

Street View

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