Unit ID: U1670406
6% Rental Yield
Dokmai, Prawet,Bangkok
$1,020,000
5 Bedrooms
4
Bathrooms
4,381 Sqft
Indoor Area
2
Storeys
Feb 2020
Completed

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 $1,020,000 ($233/Sqft).

Features

TerraceTerrace Covered ParkingCovered Parking Maids QuartersMaids Quarters BalconyBalcony BathtubBathtub TVTV

Basic Information

Date Listed Nov 13, 2024
Updated 1 month 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 $233
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
$1,020,000
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

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
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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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Dokmai

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Grand Lux Bangna-Suanluang

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
Dokmai, Prawet, Bangkok
Number of units
388
Sales Prices
$241.85K - $364.23K
Monthly Rentals
$1.22K - $2.07K
Year Built
Jan 2022
Completion Status
Completed
Location
Dokmai, Prawet, Bangkok
Number of units
181
Sales Prices
$699.31K - $1.66M
Monthly Rentals
$7.58K - $8.16K
Year Built
Sep 2015
Completion Status
Completed
Project Name
Nara Home
Location
Dokmai, Prawet, Bangkok
Number of units
119
Sales Prices
$218.54K
▼ -31% underpriced
Monthly Rentals
N/A
Year Built
Dec 2011
Completion Status
Completed
Project Name
Nara Town
Location
Dokmai, Prawet, Bangkok
Number of units
N/A
Sales Prices
$81.59K - $85.96K
▼ -45% underpriced
Monthly Rentals
N/A
Year Built
Oct 2008
Completion Status
Completed
Location
Dokmai, Prawet, Bangkok
Number of units
379
Sales Prices
$107.81K - $134.03K
▲ 34% overpriced
Monthly Rentals
$554 - $583
Year Built
Oct 2017
Completion Status
Completed
Location
Dokmai, Prawet, Bangkok
Number of units
147
Sales Prices
$393.36K - $524.48K
Monthly Rentals
$2.77K - $10.2K
Year Built
Jun 2018
Completion Status
Completed
Location
Dokmai, Prawet, Bangkok
Number of units
331
Sales Prices
$754.67K - $845K
Monthly Rentals
$1.43K
Year Built
Dec 2021
Completion Status
Completed
Location
Dokmai, Prawet, Bangkok
Number of units
396
Sales Prices
$203.67K - $434.16K
Monthly Rentals
$1.02K - $1.75K
Year Built
Dec 2012
Completion Status
Completed
Location
Dokmai, Prawet, Bangkok
Number of units
34
Sales Prices
$1.1M - $2.47M
Monthly Rentals
N/A
Year Built
Jan 2024
Completion Status
Completed
Project Name
The Balcony Home
Location
Dokmai, Prawet, Bangkok
Number of units
145
Sales Prices
$104.61K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
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