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    5 Bedroom House for sale at The City Ratchaphruek-Suanphak
    Wat Chalo, Bang Kruai,Nonthaburi
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    Sale Price
    $550,000
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    5 Bedroom House for sale at The City Ratchaphruek-Suanphak
     (Write Review)
    Unit ID: U1417974
    7% Rental Yield
    Wat Chalo, Bang Kruai,Nonthaburi
    $550,000
    5 Bedrooms
    6
    Bathrooms
    4,036 Sqft
    Indoor Area
    2
    Storeys
    Dec 2021
    Completed
    16
    Sale Price
    $550,000

    About This House

    This property is a 4,036 Sqft house with 5 bedrooms and 6 bathrooms that is available for sale. It is part of the project in Wat Chalo, Nonthaburi and was completed in Dec 2021. You can buy this house for a base price of $550,000 ($136/Sqft).

    Features

    Private GardenPrivate Garden TerraceTerrace BalconyBalcony BathtubBathtub

    Basic Information

    Date Listed Jun 8, 2023
    Updated 1 year ago
    Property Type House
    Storeys 2
    Location Wat Chalo, Nonthaburi
    Bedrooms 5
    Nearest Landmark Bang Yi Khan MRT -3.3 Km
    Indoor Area 4,036 Sqft
    Price per Sqft $136
    Outdoor Area
    This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
    5,081 Sqft
    Plot Size 5,081 Sqft
    Pets Not Allowed
    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 2021)
    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) Garden View, Unblocked Open 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
    Each listing provided by partnered agents is individually verified by AsiaVillas. Partner Agents work for different brokerages or property management companies but have teamed up with AsiaVillas so that we can provide you a wider choice of properties
    Agent / Partner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1417974

    Investment Opportunity: Charges & Yield

    Sale Price
    $550,000
    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.
    13
    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 The City Ratchaphruek-Suanphak, and the current sales price.
    7%

    Project Details

    Project Name: The City Ratchaphruek-Suanphak
    Developer: AP (Thailand)
    Construction: Completed (Dec 2021)
    Units: 133
    Project Area: 723,335 Sqft
    Nearest Landmark Bang Yi Khan MRT - 3.3 Km
    Location: Wat Chalo, Nonthaburi
    The City Ratchaphruek-Suanphak Project Details

    Project Features

    Communal Pool Communal Pool
    Communal Gym Communal Gym
    Clubhouse Clubhouse
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Indoor Kids Zone Indoor Kids Zone
    Car Parking Car Parking
    Co-Working Space / Meeting Room Co-Working Space / Meeting Room
    Mini Theater Mini Theater

    Available Units at The City Ratchaphruek-Suanphak

    For Sale 6 For Rent 4
    • All
    • 4 Beds
    • 5 Beds
    Get notified when new homes are being added to The City Ratchaphruek-Suanphak
    View All (6)

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    Frequently Asked Questions

    No pets are allowed at The City Ratchaphruek-Suanphak unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
    Bang Yi Khan MRT is the nearest MRT Station from The City Ratchaphruek-Suanphak and it is 3.3 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 The City Ratchaphruek-Suanphak 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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    Nonthaburi
    Wat Chalo

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