Unit ID: U1746654
5% Rental Yield
Tenant-Occupied until Aug 1, 2025
Wang Thonglang, Wang Thong Lang,Bangkok
$2,750,000
5 Bedrooms
6
Bathrooms
5,619 Sqft
Indoor Area
3
Storeys
Off Plan

About This House

This property is a 5,619 Sqft house with 5 bedrooms and 6 bathrooms that is available for sale. It is part of the project in Wang Thonglang, Bangkok. You can buy this house for a base price of $2,750,000 ($489/Sqft) and it is also available for long term rentals starting from $11,300 per month.

Features

Private LiftPrivate Lift Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Maids QuartersMaids Quarters BalconyBalcony BathtubBathtub TVTV Gardening IncludedGardening Included

Basic Information

Date Listed Feb 28, 2024
Updated 4 months ago
Property Type House (Single Detached)
Storeys 3
Location Wang Thonglang, Bangkok
Bedrooms 5
Nearest Landmark N/A
Indoor Area 5,619 Sqft
Price per Sqft $489
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 3,143 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.

Foreign Ownership, 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.

N/A
Land Title Deed N/A
Construction Off Plan
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) 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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1746654

Investment Opportunity: Charges & Yield

Sale Price
$2,750,000
Rent
$11,300/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.
20
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.
5%

Project Details

Project Name: BuGaan Rama 9-Meng Jai
Developer: Sansiri
Construction: Off Plan
Units: 8
Project Area: N/A
Nearest Landmark N/A
Location: Wang Thonglang, Bangkok
BuGaan Rama 9-Meng Jai Project Details

Project Features

Car Parking Car Parking

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Frequently Asked Questions

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

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

After you have found the right property at BuGaan Rama 9-Meng Jai you have to follow these steps:

 

  • - Unit selection and agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - 1st Contract Payment
  • - Payment Installments
  • - Snag List
  • - Transfer

Read more here

 

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Bangkok
Wang Thonglang

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby BuGaan Rama 9-Meng Jai

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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
Project Name
B Square Rama 9
Location
Wang Thonglang, Wang Thong Lang, Bangkok
Number of units
78
Sales Prices
$430.71K - $1.5M
▼ -5% underpriced
Monthly Rentals
N/A
Year Built
Jan 2014
Completion Status
Completed
Location
Wang Thonglang, Wang Thong Lang, Bangkok
Number of units
200
Sales Prices
$167.66K
Monthly Rentals
$1.21K
Year Built
Jan 2005
Completion Status
Completed
Project Name
Grand Park Town
Location
Wang Thonglang, Wang Thong Lang, Bangkok
Number of units
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Sales Prices
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Monthly Rentals
$173 - $246
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Location
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Number of units
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Year Built
Feb 2021
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Location
Wang Thonglang, Wang Thong Lang, Bangkok
Number of units
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Sales Prices
$277.5K
Monthly Rentals
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Year Built
Jan 2006
Completion Status
Completed
Location
Sam Sen Nok, Wang Thong Lang, Bangkok
Number of units
595
Sales Prices
$72.27K - $109.56K
Monthly Rentals
$347 - $665
Year Built
Dec 2021
Completion Status
Completed
Location
Wang Thonglang, Wang Thong Lang, Bangkok
Number of units
94
Sales Prices
$239.92K - $448.05K
▼ -7% underpriced
Monthly Rentals
$925 - $2.02K
Year Built
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Completion Status
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Project Name
Than Living
Location
Wang Thonglang, Wang Thong Lang, Bangkok
Number of units
823
Sales Prices
$80.94K - $93.95K
Monthly Rentals
$347 - $578
Year Built
Jan 2015
Completion Status
Completed
Project Name
City Town Home
Location
Wang Thonglang, Wang Thong Lang, Bangkok
Number of units
170
Sales Prices
$92.5K
Monthly Rentals
N/A
Year Built
Mar 1996
Completion Status
Completed
Location
Wang Thonglang, Wang Thong Lang, Bangkok
Number of units
120
Sales Prices
$361.33K
▼ -50% underpriced
Monthly Rentals
N/A
Year Built
Jan 2009
Completion Status
Completed
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