Unit ID: U1961825
9% Rental Yield
Saphan Sung, Saphan Sung,Bangkok
$549,000
4 Bedrooms
4
Bathrooms
3,122 Sqft
Indoor Area
2
Storeys
Oct 2022
Completed

About This House

This property is a 3,122 Sqft house with 4 bedrooms and 4 bathrooms that is available for sale. It is part of the project in Saphan Sung, Bangkok and was completed in Oct 2022. You can buy this house for a base price of $549,000 ($176/Sqft).

The Palm Krungthep Kritha, like new, turn key

Charming Second-Hand Home, thats feels and looks like new for Sale! Discover your dream home in this beautifully maintained second-hand house, perfectly situated in a welcoming neighborhood! With its inviting curb appeal and spacious layout, this property is sure to capture your heart. Key Features:
  • Spacious Living Areas: Enjoy a bright and airy open floor plan ideal for family gatherings and entertaining friends.
  • Modern Kitchen: Updated appliances and ample counter space make cooking a delight in this chef’s kitchen.
  • Cozy Bedrooms: Relax in comfortable bedrooms that provide plenty of natural light and closet space.
  • Serene Backyard: Step outside to your private oasis with a lovely garden and patio area, perfect for summer barbecues or quiet evenings.
  • Prime Location: Close to schools, parks, shopping,everything you need is just a stone's throw away!
This house is not just a property; it’s a place to create lasting memories. Whether you’re a first-time buyer, this charming home offers incredible value and endless possibilities. Don’t miss out! Schedule a viewing today and see for yourself why this home is perfect for you! Your new chapter awaits!
  • High quality products
  • The garden have a solid foundation all around the house, so cannot sink and you can build anything you like
  • Imported hand made furniture
  • Rain pipes all around the house
  • The house is fully furnished
  • High Quality kitchen, western style
  • Electric gate installed
  • Electric car cover installed
  • Garden is very cozy and at night all lights will go on automaticly, very very cozy

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Full Western KitchenFull Western Kitchen MicrowaveMicrowave TVTV

Basic Information

Date Listed Nov 4, 2024
Updated 3 weeks ago
Property Type House (Single Detached)
Storeys 2
Location Saphan Sung, Bangkok
Bedrooms 4
Nearest Landmark Ban Thap Chang ARL -3 Km
Indoor Area 3,122 Sqft
Price per Sqft $176
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 3,531 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.

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 (Oct 2022)
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) Park View, Garden 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.
$474/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1961825

Investment Opportunity: Charges & Yield

Sale Price
$549,000
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.
$474/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.
11
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 The Palm Krungthep Kreetha-Wongwaen, and the current sales price.
9%

Project Details

Developer: Pruksa Real Estate
Construction: Completed (Oct 2022)
Units: 91
Project Area: 499,445 Sqft
Nearest Landmark Ban Thap Chang ARL - 3 Km
Location: Saphan Sung, Bangkok
The Palm Krungthep Kreetha-Wongwaen 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
Communal Garden Area Communal Garden Area

Available Units at The Palm Krungthep Kreetha-Wongwaen

For Sale 3 For Rent 2
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Frequently Asked Questions

All kind of pets are allowed at The Palm Krungthep Kreetha-Wongwaen including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is $1 per square meter based on the plot size of the property and is $474 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.
Ban Thap Chang ARL is the nearest Airport Rail Link Station from The Palm Krungthep Kreetha-Wongwaen and it is 3 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 Palm Krungthep Kreetha-Wongwaen 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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Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Palm Krungthep Kreetha-Wongwaen

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
Saphan Sung, Saphan Sung, Bangkok
Number of units
48
Sales Prices
$2.11M
Monthly Rentals
$11.56K
Year Built
Feb 2022
Completion Status
Completed
Location
Saphan Sung, Saphan Sung, Bangkok
Number of units
108
Sales Prices
$488.52K
▼ -26% underpriced
Monthly Rentals
$2.17K - $4.34K
Year Built
Dec 2020
Completion Status
Completed
Project Name
Verve Rama 9
Location
Saphan Sung, Saphan Sung, Bangkok
Number of units
138
Sales Prices
$161.59K
Monthly Rentals
$636 - $867
Year Built
Jan 2020
Completion Status
Completed
Location
Saphan Sung, Saphan Sung, Bangkok
Number of units
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Sales Prices
$104.06K - $106.95K
Monthly Rentals
$723
Year Built
N/A
Completion Status
Off Plan
Location
Saphan Sung, Saphan Sung, Bangkok
Number of units
433
Sales Prices
$98.28K
Monthly Rentals
$578
Year Built
Oct 2020
Completion Status
Completed
Location
Saphan Sung, Saphan Sung, Bangkok
Number of units
77
Sales Prices
$661.96K - $722.66K
Monthly Rentals
$2.31K
Year Built
Sep 2015
Completion Status
Completed
Location
Saphan Sung, Saphan Sung, Bangkok
Number of units
136
Sales Prices
$1.1M - $4.32M
Monthly Rentals
$5.49K - $28.91K
Year Built
Sep 2022
Completion Status
Completed
Location
Saphan Sung, Saphan Sung, Bangkok
Number of units
245
Sales Prices
$148.87K - $193.67K
Monthly Rentals
$766 - $1.3K
Year Built
Mar 2019
Completion Status
Completed
Location
Saphan Sung, Saphan Sung, Bangkok
Number of units
140
Sales Prices
$121.41K - $141.64K
Monthly Rentals
$809
Year Built
Jun 2013
Completion Status
Completed
Location
Khlong Song Ton Nun, Saphan Sung, Bangkok
Number of units
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Sales Prices
$1.01M - $5.2M
Monthly Rentals
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Year Built
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Completion Status
Completed
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