Unit ID: U1861762
Tha Raeng, Bang Khen,Bangkok
$434,000
5 Bedrooms
4
Bathrooms
3,638 Sqft
Indoor Area
3
Storeys
Jan 2024
Completed

About This House

This property is a 3,638 Sqft house with 5 bedrooms and 4 bathrooms that is available for sale. It is part of the project in Tha Raeng, Bangkok and was completed in Jan 2024. You can buy this house for a base price of $434,000 ($119/Sqft).

Features

Private GardenPrivate Garden Covered ParkingCovered Parking Access to BTS/MRTAccess to BTS/MRT

Basic Information

Date Listed Jun 6, 2024
Updated 6 months ago
Property Type House
Storeys 3
Location Tha Raeng, Bangkok
Bedrooms 5
Nearest Landmark Fashion Island -4.9 Km
Indoor Area 3,638 Sqft
Price per Sqft $119
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 2,928 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 (Jan 2024)
Furniture
Unfurnished
View(s) N/A
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.
$674/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U1861762

Investment Opportunity: Charges & Yield

Sale Price
$434,000
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.
$674/mo

Project Details

Construction: Completed (Jan 2023)
Units: 18
Project Area: 68,889 Sqft
Nearest Landmark Fashion Island - 4.9 Km
Location: Tha Raeng, Bangkok
Baan Nara Wongwaen-Ramintra Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Key card access Key card access

Available Units at Baan Nara Wongwaen-Ramintra

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Payment Plan

Payment Terms
Installment Milestone Payment
Reservation Deposit
Immediately
$2,910
1st Installment
30 days after contract signing
5%
2nd Installment
On handover
95%

Frequently Asked Questions

All kind of pets are allowed at Baan Nara Wongwaen-Ramintra including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is $2 per square meter based on the plot size of the property and is $674 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.
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 Baan Nara Wongwaen-Ramintra the required payment for the sinking fund is $15 per square meter based on the size of the plot size of the property.
Fashion Island is the nearest Shopping Mall from Baan Nara Wongwaen-Ramintra and it is 4.9 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 Baan Nara Wongwaen-Ramintra you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer
Payment Terms
Installment Milestone Payment
Reservation Deposit
Immediately
$2,910
1st Installment
30 days after contract signing
5%
2nd Installment
On handover
95%


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
A detached house project with a good price
Justin Murphy, Australia, 2 years ago
This is a new project in the Wongwaen-Ramintra area. I think the price is reasonable compared to other projects in the area. There are 2 house types available. The usable areas range from 299 to 304 square meters, which I don't think is much different. Although the property is beautifully decorated in a Modern European style, there are unfortunately not many facilities available. There is just a park and a security system. However, there are various in-house functions so you don't have to use common areas.
Bangkok
Tha Raeng

Neighborhood Overview

Location and Neighborhood

Street View

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