Unit ID: U1848610
4% Rental Yield
Khlong Toei Nuea, Watthana,Bangkok
$2,020,000
4 Bedrooms
5
Bathrooms
4,575 Sqft
Indoor Area
4
Storeys
Completed

About This House

This property is a 4,575 Sqft house with 4 bedrooms and 5 bathrooms that is available for sale. It is part of the project in Khlong Toei Nuea, Bangkok. You can buy this house for a base price of $2,020,000 ($441/Sqft).

Features

Private LiftPrivate Lift Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Corner UnitCorner Unit BalconyBalcony Full Western KitchenFull Western Kitchen BathtubBathtub OvenOven TVTV

Basic Information

Date Listed May 28, 2024
Updated 6 months ago
Property Type House (Single Detached)
Storeys 4
Location Khlong Toei Nuea, Bangkok
Bedrooms 4
Nearest Landmark Phetchaburi MRT -0.7 Km
Indoor Area 4,575 Sqft
Price per Sqft $441
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
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 N/A
Construction Completed
Furniture
A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
Fully Furnished
View(s) Pool View, Garden View
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.
$438/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1848610

Investment Opportunity: Charges & Yield

Sale Price
$2,020,000
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.
$438/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.
26
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 Quarter 31, and the current sales price.
4%

Project Details

Project Name: Quarter 31
Developer: NYE Estate
Construction: Completed (Oct 2017)
Units: 20
Project Area: 44,433 Sqft
Nearest Landmark Phetchaburi MRT - 0.7 Km
Location: Khlong Toei Nuea, Bangkok
Quarter 31 Project Details

Project Features

Communal Pool Communal Pool
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Back Up Generators Back Up Generators

Popular Facilities at Quarter 31

  • Communal Pool
    Ground Floor

Available Units at Quarter 31

For Sale 4 For Rent 4
Get notified when new homes are being added to Quarter 31
View All (4)

Loan Calculator

Frequently Asked Questions

Small dogs (weight under 15 kg), cats and small pets like rabbits, hamsters and guinea pigs are allowed at Quarter 31.
The common area maintenance fee for properties at Quarter 31 is a fixed amount of $438. This amount 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.
For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At Quarter 31 the required payment for the sinking fund is $73 per square meter based on the size of the indoor area of the property.
Phetchaburi MRT is the nearest MRT Station from Quarter 31 and it is 0.7 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 Quarter 31 you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer
Installment Milestone Payment
Reservation Deposit
Immediately
$14,600
SPA
7 Days After Reservation
15%
Transfer
30 Days After SPA
85%


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

Reviews

5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The townhouse project in center of Sukhumvit area
Hannah Robert, United States, 6 years ago
This townhouse project is in the Sukhumvit area, near Si Rat Expressway, making commuting easier. The project is in Soi Sukhumvit 31, which can connect to many roads. The atmosphere is quiet and not crowded with people because this alley is dead-end; only the residents can pass by. The project is secure by fence and security guards. There is a saltwater swimming pool that is not very wide, but it is long enough. It also has a garden where trees are planted in the shade. Let's talk about the townhouse here. There are 4-5 bedrooms, a townhouse with a height of 4 and a half floors. The basement can park 4 cars. Besides, the house's living area is also very spacious, with private bathrooms in every bedroom, suitable for large families with many members. It is a high quality house. Additionally, every unit of this project has direct access to a communal swimming pool. It is a house project that is very worthwhile to invest in.
Bangkok
Khlong Toei Nuea

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Quarter 31

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
Khlong Toei Nuea, Watthana, Bangkok
Number of units
31
Sales Prices
$730.36K
Monthly Rentals
$1.9K - $3.21K
Year Built
Dec 2007
Completion Status
Completed
Project Name
The Natural Place
Location
Khlong Toei Nuea, Watthana, Bangkok
Number of units
33
Sales Prices
$1.1M - $1.17M
Monthly Rentals
$2.92K - $4.24K
Year Built
Dec 2016
Completion Status
Completed
Project Name
Baan Saraan
Location
Khlong Toei Nuea, Watthana, Bangkok
Number of units
42
Sales Prices
$160.68K - $993.29K
▲ 8% overpriced
Monthly Rentals
$672 - $2.34K
Year Built
Dec 2006
Completion Status
Completed
Location
Khlong Toei Nuea, Watthana, Bangkok
Number of units
118
Sales Prices
$493.72K - $1.02M
▼ -10.5% underpriced
Monthly Rentals
$1.4K - $2.05K
Year Built
Dec 1996
Completion Status
Completed
Project Name
Prime Mansion One
Location
Khlong Toei Nuea, Watthana, Bangkok
Number of units
30
Sales Prices
$1.9M
▼ -45% underpriced
Monthly Rentals
$1.61K - $3.51K
Year Built
May 1999
Completion Status
Completed
Project Name
Q Prasarnmit
Location
Khlong Toei Nuea, Watthana, Bangkok
Number of units
76
Sales Prices
$252.76K - $492.26K
Monthly Rentals
$876 - $1.61K
Year Built
Oct 2020
Completion Status
Completed
Project Name
Siamese Gioia
Location
Khlong Toei Nuea, Watthana, Bangkok
Number of units
168
Sales Prices
$125.62K - $613.5K
▼ -8.8% underpriced
Monthly Rentals
$526 - $2.92K
Year Built
Nov 2012
Completion Status
Completed
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
1046
Sales Prices
$111.02K - $2.28M
▲ 0.8% overpriced
Monthly Rentals
$584 - $4.67K
Year Built
Dec 2020
Completion Status
Completed
Location
Bang Kapi, Watthana, Bangkok
Number of units
295
Sales Prices
$125.62K - $225.68K
▼ -40.3% underpriced
Monthly Rentals
$438 - $818
Year Built
Jan 2012
Completion Status
Completed
Project Name
My Resort Bangkok
Location
Bang Kapi, Watthana, Bangkok
Number of units
384
Sales Prices
$131.47K - $254.17K
Monthly Rentals
$467 - $1.46K
Year Built
Dec 2010
Completion Status
Completed
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