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    4 Bedroom House for sale at The City Ramintra
    Tha Raeng, Bang Khen,Bangkok
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    Sale Price
    $251,000
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    4 Bedroom House for sale at The City Ramintra
     (Write Review)
    Unit ID: U79437
    8% Rental Yield
    Tha Raeng, Bang Khen,Bangkok
    $251,000
    4 Bedrooms
    3
    Bathrooms
    2,045 Sqft
    Indoor Area
    2
    Storeys
    Jun 2017
    Completed
    23
    Sale Price
    $251,000

    About This House

    This property is a 2,045 Sqft house with 4 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Tha Raeng, Bangkok and was completed in Jun 2017. You can buy this house for a base price of $251,000 ($123/Sqft) and it is also available for long term rentals starting from $1,750 per month.

    Features

    Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

    Basic Information

    Date Listed Jul 13, 2018
    Updated 4 years ago
    Property Type House
    Storeys 2
    Location Tha Raeng, Bangkok
    Bedrooms 4
    Nearest Landmark Safari World -2.6 Km
    Indoor Area 2,045 Sqft
    Price per Sqft $123
    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 2,895 Sqft
    Pets Not 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 (Jun 2017)
    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) Park View, Blocked 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.
    $250/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U79437

    Investment Opportunity: Charges & Yield

    Sale Price
    $251,000
    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.
    $250/mo
    Rent
    $1,750/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.
    12
    Rental Yield
    This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
    8%

    Project Details

    Project Name: The City Ramintra
    Developer: AP (Thailand)
    Construction: Completed (Jun 2017)
    Units: 98
    Project Area: N/A
    Nearest Landmark Safari World - 2.6 Km
    Location: Tha Raeng, Bangkok
    The City Ramintra 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
    Steam Room Steam Room
    Sauna Sauna

    Available Units at The City Ramintra

    For Sale 4 For Rent 4
    • All
    • 3 Beds
    • 4 Beds
    Get notified when new homes are being added to The City Ramintra
    View All (4)

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    Frequently Asked Questions

    The common area maintenance fee is €1 per square meter based on the size of indoor area of the property and is €240 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.
    Safari World is the nearest Tourist Attraction from The City Ramintra and it is 2.6 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 The City Ramintra 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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    Bangkok
    Tha Raeng

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