Unit ID: U1012418
7% Rental Yield
Saphan Sung, Saphan Sung,Bangkok
$1,300,000
5 Bedrooms
7
Bathrooms
4,747 Sqft
Indoor Area
3
Storeys
Jan 2020
Completed

About This House

This property is a 4,747 Sqft house with 5 bedrooms and 7 bathrooms that is available for sale. It is part of the project in Saphan Sung, Bangkok and was completed in Jan 2020. You can buy this house for a base price of $1,300,000 ($274/Sqft) and it is also available for long term rentals starting from $7,220 per month.

Features

Private GardenPrivate Garden Covered ParkingCovered Parking Maids QuartersMaids Quarters BalconyBalcony BathtubBathtub

Basic Information

Date Listed Jun 30, 2021
Updated 7 months ago
Property Type House (Single Detached)
Storeys 3
Location Saphan Sung, Bangkok
Bedrooms 5
Nearest Landmark Hua Mak ARL -2.8 Km
Indoor Area 4,747 Sqft
Price per Sqft $274
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 4,521 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 2020)
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) City View, Garden View
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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1012418

Investment Opportunity: Charges & Yield

Sale Price
$1,300,000
Rent
$7,220/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.
15
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.
7%

Project Details

Construction: Completed (Jan 2020)
Units: 72
Project Area: N/A
Nearest Landmark Hua Mak ARL - 2.8 Km
Location: Saphan Sung, Bangkok
Grand Bangkok Boulevard Rama 9-Srinakarin Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Communal Garden Area Communal Garden Area

Available Units at Grand Bangkok Boulevard Rama 9-Srinakarin

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Frequently Asked Questions

All kind of pets are allowed at Grand Bangkok Boulevard Rama 9-Srinakarin including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Hua Mak ARL is the nearest Airport Rail Link Station from Grand Bangkok Boulevard Rama 9-Srinakarin and it is 2.8 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 Grand Bangkok Boulevard Rama 9-Srinakarin 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 Grand Bangkok Boulevard Rama 9-Srinakarin

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
52
Sales Prices
$1.12M - $1.91M
▲ 15% overpriced
Monthly Rentals
$7.19K - $8.63K
Year Built
Dec 2018
Completion Status
Completed
Location
Saphan Sung, Saphan Sung, Bangkok
Number of units
161
Sales Prices
$359.68K - $604.27K
▼ -6% underpriced
Monthly Rentals
$2.16K
Year Built
Dec 2016
Completion Status
Completed
Location
Saphan Sung, Saphan Sung, Bangkok
Number of units
49
Sales Prices
$1.09M - $1.41M
Monthly Rentals
$4.17K - $12.09K
Year Built
N/A
Completion Status
Off Plan
Project Name
Vive Rama 9
Location
Saphan Sung, Saphan Sung, Bangkok
Number of units
75
Sales Prices
$1.04M - $1.39M
Monthly Rentals
$6.07K - $13K
Year Built
May 2022
Completion Status
Completed
Location
Saphan Sung, Saphan Sung, Bangkok
Number of units
88
Sales Prices
$1.29M - $2.45M
Monthly Rentals
$7.19K - $100.71K
Year Built
Jun 2022
Completion Status
Completed
Location
Hua Mak, Saphan Sung, Bangkok
Number of units
74
Sales Prices
$126.61K - $215.81K
Monthly Rentals
$806 - $1.35K
Year Built
Jun 2016
Completion Status
Completed
Location
Hua Mak, Saphan Sung, Bangkok
Number of units
36
Sales Prices
$1.63M
▲ 2.5% overpriced
Monthly Rentals
N/A
Year Built
Dec 2021
Completion Status
Completed
Project Name
The Metro Rama 9
Location
Prawet, Saphan Sung, Bangkok
Number of units
275
Sales Prices
$120.85K - $164.02K
Monthly Rentals
$719
Year Built
Dec 2010
Completion Status
Completed
Location
Prawet, Saphan Sung, Bangkok
Number of units
165
Sales Prices
$368.32K - $2.73M
▼ -26% underpriced
Monthly Rentals
$719 - $20.14K
Year Built
Dec 2019
Completion Status
Completed
Location
Hua Mak, Saphan Sung, Bangkok
Number of units
223
Sales Prices
$287.46K - $656.06K
▼ -5% underpriced
Monthly Rentals
N/A
Year Built
Jan 2016
Completion Status
Completed
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