Unit ID: U1408156
6% Rental Yield
Bang Rak Noi, Mueang Nonthaburi,Nonthaburi
$229,000
4 Bedrooms
3
Bathrooms
2,314 Sqft
Indoor Area
2
Storeys
Aug 2019
Completed

About This House

This property is a 2,314 Sqft house with 4 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Bang Rak Noi, Nonthaburi and was completed in Aug 2019. You can buy this house for a base price of $229,000 ($99/Sqft).

Features

Media Room/CinemaMedia Room/Cinema Garden AccessGarden Access TerraceTerrace Covered ParkingCovered Parking Maids QuartersMaids Quarters

Basic Information

Date Listed May 12, 2023
Updated 1 year ago
Property Type House (Single Detached)
Storeys 2
Location Bang Rak Noi, Nonthaburi
Bedrooms 4
Nearest Landmark Bang Rak Noi Tha It MRT -2.9 Km
Indoor Area 2,314 Sqft
Price per Sqft $99
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
3,057 Sqft
Plot Size N/A
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
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 (Aug 2019)
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, Unblocked Open View
Unit Type N/A
Parking Spots 3
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.
$870/mo
Listed By
Each listing provided by partnered agents is individually verified by AsiaVillas. Partner Agents work for different brokerages or property management companies but have teamed up with AsiaVillas so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1408156

Investment Opportunity: Charges & Yield

Sale Price
$229,000
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.
$870/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.
18
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 Place Ratchapruk, and the current sales price.
6%

Project Details

Project Name: Perfect Place Ratchapruk
Developer: N/A
Construction: Completed (Dec 2019)
Units: 184
Project Area: N/A
Nearest Landmark Bang Rak Noi Tha It MRT - 2.9 Km
Location: Bang Rak Noi, Nonthaburi
Perfect Place Ratchapruk Project Details

Available Units at Perfect Place Ratchapruk

For Sale 3 For Rent 1
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Frequently Asked Questions

Bang Rak Noi Tha It MRT is the nearest MRT Station from Perfect Place Ratchapruk and it is 2.9 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 Place Ratchapruk 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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Nonthaburi
Bang Rak Noi

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Perfect Place Ratchapruk

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Location
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Location
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Number of units
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Completion Status
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$255.3K - $348.14K
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Year Built
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Completion Status
Completed
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Number of units
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Sales Prices
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Project Name
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Number of units
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Number of units
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Year Built
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Completion Status
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Location
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Number of units
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Sales Prices
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Year Built
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Completion Status
Completed
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