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    5 Bedroom House for sale at The Grand Lux Bangna-Suanluang
    Dokmai, Prawet,Bangkok
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    Sale Price
    $1,000,000
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    5 Bedroom House for sale at The Grand Lux Bangna-Suanluang
     (Write Review)
    Unit ID: U1670406
    6% Rental Yield
    Dokmai, Prawet,Bangkok
    $1,000,000
    5 Bedrooms
    4
    Bathrooms
    4,381 Sqft
    Indoor Area
    2
    Storeys
    Feb 2020
    Completed
    10
    Sale Price
    $1,000,000

    About This House

    This property is a 4,381 Sqft house with 5 bedrooms and 4 bathrooms that is available for sale. It is part of the project in Dokmai, Bangkok and was completed in Feb 2020. You can buy this house for a base price of $1,000,000 ($229/Sqft).

    Features

    TerraceTerrace Covered ParkingCovered Parking Maids QuartersMaids Quarters BalconyBalcony BathtubBathtub TVTV

    Basic Information

    Date Listed Nov 13, 2024
    Updated 4 days ago
    Property Type House (Single Detached)
    Storeys 2
    Location Dokmai, Bangkok
    Bedrooms 5
    Nearest Landmark Mega Bangna -3.7 Km
    Indoor Area 4,381 Sqft
    Price per Sqft $229
    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 5,167 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.

    Company
    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.

    Company
    Land Title Deed Chanote
    Construction Completed (Feb 2020)
    Furniture
    Unfurnished
    View(s) 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 U1670406

    Investment Opportunity: Charges & Yield

    Sale Price
    $1,000,000
    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.
    16
    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 Grand Lux Bangna-Suanluang, and the current sales price.
    6%

    Project Details

    Project Name: The Grand Lux Bangna-Suanluang
    Developer: Frasers Property
    Construction: Completed (Feb 2020)
    Units: 61
    Project Area: N/A
    Nearest Landmark Mega Bangna - 3.7 Km
    Location: Dokmai, Bangkok
    The Grand Lux Bangna-Suanluang Project Details

    Project Features

    Communal Pool Communal Pool
    Communal Gym Communal Gym
    Clubhouse Clubhouse
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Spa Spa
    Outdoor Kids Zone Outdoor Kids Zone
    Key card access Key card access

    Available Units at The Grand Lux Bangna-Suanluang

    For Sale 1 For Rent 2
    • All
    • 5 Beds
    Get notified when new homes are being added to The Grand Lux Bangna-Suanluang
    View All (1)

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    Frequently Asked Questions

    Small dogs (weight under 15 kg), cats and small pets like rabbits, hamsters and guinea pigs are allowed at The Grand Lux Bangna-Suanluang.
    Mega Bangna is the nearest Shopping Mall from The Grand Lux Bangna-Suanluang and it is 3.7 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 Grand Lux Bangna-Suanluang 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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