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    5 Bedroom House for sale at Grand Monaco Bangna
    Dokmai, Prawet,Bangkok
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    Sale Price
    $1,650,000
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    5 Bedroom House for sale at Grand Monaco Bangna
     (Write Review)
    Unit ID: U1391284
    6% Rental Yield
    Dokmai, Prawet,Bangkok
    $1,650,000
    5 Bedrooms
    5
    Bathrooms
    7,050 Sqft
    Indoor Area
    2
    Storeys
    Sep 2015
    Completed
    9
    Sale Price
    $1,650,000

    About This House

    This property is a 7,050 Sqft house with 5 bedrooms and 5 bathrooms that is available for sale. It is part of the project in Dokmai, Bangkok and was completed in Sep 2015. You can buy this house for a base price of $1,650,000 ($234/Sqft) and it is also available for long term rentals starting from $8,090 per month.

    Features

    Private GardenPrivate Garden Covered ParkingCovered Parking Maids QuartersMaids Quarters BalconyBalcony Full Western KitchenFull Western Kitchen MicrowaveMicrowave OvenOven

    Basic Information

    Date Listed Apr 5, 2023
    Updated 1 year ago
    Property Type House (Semi Detached)
    Storeys 2
    Location Dokmai, Bangkok
    Bedrooms 5
    Nearest Landmark Suvarnabhumi MRT -6.4 Km
    Indoor Area 7,050 Sqft
    Price per Sqft $234
    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 112,246 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 (Sep 2015)
    Furniture
    Unfurnished
    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
    Broker Network
    Electricity Price N/A
    Water Price N/A
    Unit ID U1391284

    Investment Opportunity: Charges & Yield

    Sale Price
    $1,650,000
    Rent
    $8,090/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.
    17
    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.
    6%

    Project Details

    Project Name: Grand Monaco Bangna
    Developer: Golden Land
    Construction: Completed (Sep 2015)
    Units: 181
    Project Area: 1,377,781 Sqft
    Nearest Landmark Suvarnabhumi MRT - 6.4 Km
    Location: Dokmai, Bangkok
    Grand Monaco Bangna Project Details

    Project Features

    Communal Pool Communal Pool
    Communal Gym Communal Gym
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Indoor Kids Zone Indoor Kids Zone
    Sauna Sauna
    Outdoor Kids Zone Outdoor Kids Zone
    Communal Garden Area Communal Garden Area
    Key card access Key card access

    Available Units at Grand Monaco Bangna

    For Sale 2 For Rent 2
    • All
    • 5 Beds
    Get notified when new homes are being added to Grand Monaco Bangna
    View All (2)

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    Frequently Asked Questions

    Dogs, cats and small pets like rabbits, hamsters and guinea pigs are allowed at Grand Monaco Bangna.
    Suvarnabhumi MRT is the nearest MRT Station from Grand Monaco Bangna and it is 6.4 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 Monaco Bangna 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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    Bangkok
    Dokmai

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