Unit ID: U72905
4% Rental Yield
Sai Ma, Mueang Nonthaburi,Nonthaburi
$794,000
7 Bedrooms
5
Bathrooms
6,458 Sqft
Indoor Area
2
Storeys
Dec 2013
Completed

About This House

This property is a 6,458 Sqft house with 7 bedrooms and 5 bathrooms that is available for sale. It is part of the project in Sai Ma, Nonthaburi and was completed in Dec 2013. You can buy this house for a base price of $794,000 ($123/Sqft) and it is also available for long term rentals starting from $2,510 per month.

Features

Covered ParkingCovered Parking Maids QuartersMaids Quarters BalconyBalcony

Basic Information

Date Listed Apr 12, 2018
Updated 4 years ago
Property Type House
Storeys 2
Location Sai Ma, Nonthaburi
Bedrooms 7
Nearest Landmark Sai Ma MRT -1.1 Km
Indoor Area 6,458 Sqft
Price per Sqft $123
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 1,905 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.

Thai Ownership
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 2013)
Furniture
A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
Fully Furnished
View(s) N/A
Unit Type SERENADE
Parking Spots 4
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.
$433/mo
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 U72905

Investment Opportunity: Charges & Yield

Sale Price
$794,000
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.
$433/mo
Rent
$2,510/mo
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.
26
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
4%

Project Details

Developer: Property Perfect
Construction: Completed (Dec 2013)
Units: 154
Project Area: N/A
Nearest Landmark Sai Ma MRT - 1.1 Km
Location: Sai Ma, Nonthaburi
Perfect Masterpiece Century Rattanathibet Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
CCTV (Video Surveillance) CCTV (Video Surveillance)

Available Units at Perfect Masterpiece Century Rattanathibet

For Sale 5 For Rent 2
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Frequently Asked Questions

All kind of pets are allowed at Perfect Masterpiece Century Rattanathibet including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is $1 per square meter based on the size of indoor area of the property and is $433 for this house. This fee has to be paid by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
Sai Ma MRT is the nearest MRT Station from Perfect Masterpiece Century Rattanathibet and it is 1.1 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 Perfect Masterpiece Century Rattanathibet 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
Sai Ma

Neighborhood Overview

Location and Neighborhood

Street View

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