Unit ID: U1109224
5% Rental Yield
Suan Luang, Suan Luang,Bangkok
$1,010,000
5 Bedrooms
5
Bathrooms
4,090 Sqft
Indoor Area
3
Storeys
Dec 2004
Completed

About This House

This property is a 4,090 Sqft house with 5 bedrooms and 5 bathrooms that is available for sale. It is part of the project in Suan Luang, Bangkok and was completed in Dec 2004. You can buy this house for a base price of $1,010,000 ($247/Sqft).

3-storey townhome 5 bedroom for sale located Pattanakarn to Sukhumvit 77 within 10 minutes to BTS Onnut station. The house is located in a safe and compound in On-nut area, surrounded by greenery, amenities, restaurants, shopping malls and entertainments. The location is easy access to Sukhumvit and Petchburi roads. This house has 5 bedrooms, 5 bathrooms, maid room, open layout, modern kitchen, 3 cars parking and remote gate. The village’s club house includes tennis, squash, sauna, fitness, garden, car park and 24 hours security.

Features

Private GymPrivate Gym Private SaunaPrivate Sauna Pool AccessPool Access Covered ParkingCovered Parking

Basic Information

Date Listed Jun 22, 2022
Updated 5 months ago
Property Type House
Storeys 3
Location Suan Luang, Bangkok
Bedrooms 5
Nearest Landmark On Nut BTS -2.5 Km
Indoor Area 4,090 Sqft
Price per Sqft $247
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 N/A
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.

N/A
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 Completed (Dec 2004)
Furniture
N/A
View(s) N/A
Unit Type N/A
Parking Spots N/A
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 U1109224

Investment Opportunity: Charges & Yield

Sale Price
$1,010,000
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.
21
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 5 bedroom houses at Panya Village, and the current sales price.
5%

Project Details

Project Name: Panya Village
Developer: N/A
Construction: Completed (Dec 2004)
Units: 125
Project Area: N/A
Nearest Landmark On Nut BTS - 2.5 Km
Location: Suan Luang, Bangkok
Panya Village Project Details

Project Features

Communal Pool Communal Pool
Clubhouse Clubhouse
24H Security 24H Security
Car Parking Car Parking
Tennis Court Tennis Court

Available Units at Panya Village

For Sale 1 For Rent 14
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Frequently Asked Questions

Dogs, cats and small pets like rabbits, hamsters and guinea pigs are allowed at Panya Village.
On Nut BTS is the nearest BTS Station from Panya Village and it is 2.5 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 Panya Village 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 Panya Village

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
Suan Luang, Suan Luang, Bangkok
Number of units
142
Sales Prices
$130.08K
Monthly Rentals
N/A
Year Built
Mar 2010
Completion Status
Completed
Project Name
Baan Pattanakarn
Location
Suan Luang, Suan Luang, Bangkok
Number of units
20
Sales Prices
$1.56M
Monthly Rentals
N/A
Year Built
Jan 2003
Completion Status
Completed
Project Name
Baan Sukhumvit 77
Location
Suan Luang, Suan Luang, Bangkok
Number of units
1296
Sales Prices
$17.92K
Monthly Rentals
$217
Year Built
Jan 1997
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
403
Sales Prices
$21.68K - $22.52K
Monthly Rentals
N/A
Year Built
Jan 1994
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
146
Sales Prices
$161.88K - $520.32K
▼ -28% underpriced
Monthly Rentals
$723 - $2.6K
Year Built
Dec 1996
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
482
Sales Prices
$140.2K - $179.22K
▼ -26% underpriced
Monthly Rentals
$809 - $1.01K
Year Built
Dec 2015
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
438
Sales Prices
$109.56K - $251.49K
▲ 5% overpriced
Monthly Rentals
$1.24K - $1.5K
Year Built
Dec 2013
Completion Status
Completed
Project Name
Phob Suk Rim Nam
Location
Suan Luang, Suan Luang, Bangkok
Number of units
10
Sales Prices
$346.88K
Monthly Rentals
N/A
Year Built
Dec 2000
Completion Status
Completed
Project Name
Baan Suan Rimnam
Location
Suan Luang, Suan Luang, Bangkok
Number of units
10
Sales Prices
$346.88K
Monthly Rentals
$1.3K
Year Built
Aug 2010
Completion Status
Completed
Project Name
Baan Chom Dao
Location
Suan Luang, Suan Luang, Bangkok
Number of units
N/A
Sales Prices
$30.64K
Monthly Rentals
$130
Year Built
Jan 1998
Completion Status
Completed
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