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    4 Bedroom House for sale at The Urban Reserve
    Suan Luang, Suan Luang,Bangkok
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    Sale Price
    $1,240,000
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    4 Bedroom House for sale at The Urban Reserve
    (1 Review)
    Unit ID: U1362530
    6% Rental Yield
    Suan Luang, Suan Luang,Bangkok
    $1,240,000
    4 Bedrooms
    5
    Bathrooms
    5,554 Sqft
    Indoor Area
    3
    Storeys
    Jun 2019
    Completed
    10
    Sale Price
    $1,240,000

    About This House

    This property is a 5,554 Sqft house with 4 bedrooms and 5 bathrooms that is available for sale. It is part of the project in Suan Luang, Bangkok and was completed in Jun 2019. You can buy this house for a base price of $1,240,000 ($223/Sqft).

    Experience the Height of Modern Luxury at The Urban Reserve

    Welcome to the most striking amalgamation of modern luxury and convenience: The Urban Reserve! Located in the vibrant Suan Luang district of Bangkok, this project offers the idyllic lifestyle. Not only does it allow you to experience the best of both worlds – a serene environment with all the amenities of a city – it also gives you access to one of the most comfortable and luxurious houses in the area: one of the magnificent 4-bedroom, 5-bathroom sprawling 516 SqM residences, recently completed in June 2019.This stunning abode exudes sophistication and class in every corner. From its expansive living room, perfect for both casual conversations and important business meetings, to the luxurious bedrooms and custom-created bathrooms, this is your chance to finally reside in the lap of luxury.Getting to the city's bustling downtown has never been easier, thanks to the nearby public transport links. The area is also dotted with world-class shopping malls in which you can find the most coveted items, while take-out restaurants guarantee that you can always enjoy a delicious dinner in the comfort of your own home when you don't feel like leaving the house.The Urban Reserve provides you with an incredible opportunity to invest in a lifestyle that can only otherwise be obtained through prohibitively expensive hotels.

    Features

    Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony BathtubBathtub TVTV

    Basic Information

    Date Listed Dec 26, 2022
    Updated 1 year ago
    Property Type House (Single Detached)
    Storeys 3
    Location Suan Luang, Bangkok
    Bedrooms 4
    Nearest Landmark Hua Mak ARL -1.3 Km
    Indoor Area 5,554 Sqft
    Price per Sqft $223
    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 3,746 Sqft
    Pets Cats and Dogs (all sizes)
    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 2019)
    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 2.5x8 m
    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.
    $1,540/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1362530

    Investment Opportunity: Charges & Yield

    Sale Price
    $1,240,000
    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.
    $1,540/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.
    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 The Urban Reserve, and the current sales price.
    6%

    Project Details

    Project Name: The Urban Reserve
    Developer: Mekha Real Estate Limited
    Construction: Completed (Jun 2019)
    Units: 17
    Project Area: 86,165 Sqft
    Nearest Landmark Hua Mak ARL - 1.3 Km
    Location: Suan Luang, Bangkok
    The Urban Reserve Project Details

    Project Features

    Clubhouse Clubhouse
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Reception / Lobby Area Reception / Lobby Area
    Key card access Key card access

    Popular Facilities at The Urban Reserve

    • All
    • Convenience
    3
    • Reception / Lobby Area
      Ground Floor

    Available Units at The Urban Reserve

    For Sale 3 For Rent 2
    • All
    • 4 Beds
    Get notified when new homes are being added to The Urban Reserve
    View All (3)

    Loan Calculator

    Frequently Asked Questions

    Dogs, cats and small pets like rabbits, hamsters and guinea pigs are allowed at The Urban Reserve.
    The common area maintenance fee is $4 per square meter based on the plot size of the property and is $1,540 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.
    Hua Mak ARL is the nearest Airport Rail Link Station from The Urban Reserve and it is 1.3 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 Urban Reserve 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

    Reviews

    4.5 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    A single house I am looking for
    Giorano D., Germany, 4 years ago
    If anyone likes modern and elegant decoration, it matches your needs, a single house in the city center that I've been buying here for a while. With a very good location near Rama Road 9- motorway, it is convenient to travel and what I like is the management system here because it is very professional. All staff members are lovely and helpful, as well as a quality environment and friendly neighbors, which satisfies every need perfectly. In addition, the project is located near Lat Krabang ARL, so it is very convenient to travel everywhere. As for the nearby places that we can go to, there are department stores, hospitals, and restaurants. The project facilities and amenities cover my needs. I want everyone to stay here. I certify that I am indeed impressed.
    Bangkok
    Suan Luang

    Neighborhood Overview

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