Unit ID: U1417974
7% Rental Yield
Wat Chalo, Bang Kruai,Nonthaburi
$540,000
5 Bedrooms
6
Bathrooms
4,036 Sqft
Indoor Area
2
Storeys
Dec 2021
Completed

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 $540,000 ($134/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 $134
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
$540,000
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

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
Get notified when new homes are being added to The City Ratchaphruek-Suanphak
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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

Reviews

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Nonthaburi
Wat Chalo

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The City Ratchaphruek-Suanphak

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
Wat Chalo, Bang Kruai, Nonthaburi
Number of units
217
Sales Prices
$89.2K
Monthly Rentals
$432
Year Built
Jan 2019
Completion Status
Completed
Location
Wat Chalo, Bang Kruai, Nonthaburi
Number of units
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Sales Prices
$345.3K
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Jan 2022
Completion Status
Completed
Location
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Number of units
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Sales Prices
$716.49K
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N/A
Year Built
Jan 2022
Completion Status
Completed
Location
Wat Chalo, Bang Kruai, Nonthaburi
Number of units
24
Sales Prices
$143.59K
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N/A
Year Built
Jan 2015
Completion Status
Completed
Location
Wat Chalo, Bang Kruai, Nonthaburi
Number of units
92
Sales Prices
$161.14K
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N/A
Year Built
Jul 2016
Completion Status
Completed
Location
Wat Chalo, Bang Kruai, Nonthaburi
Number of units
N/A
Sales Prices
$112.22K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Location
Wat Chalo, Bang Kruai, Nonthaburi
Number of units
394
Sales Prices
$73.38K - $92.08K
Monthly Rentals
N/A
Year Built
Jan 2021
Completion Status
Completed
Location
Mahasawat, Bang Kruai, Nonthaburi
Number of units
177
Sales Prices
$132.08K
▲ 8% overpriced
Monthly Rentals
N/A
Year Built
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Completion Status
Completed
Project Name
Thanakornvilla 4
Location
Wat Chalo, Bang Kruai, Nonthaburi
Number of units
8
Sales Prices
$80.57K
Monthly Rentals
N/A
Year Built
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Completion Status
Completed
Location
Wat Chalo, Bang Kruai, Nonthaburi
Number of units
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Sales Prices
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Monthly Rentals
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Year Built
Mar 1997
Completion Status
Completed
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