Unit ID: U1373820
5% Rental Yield
Suan Luang, Suan Luang,Bangkok
฿7,000,000
3 Bedrooms
2
Bathrooms
135 SqM
Indoor Area
2
Storeys
Dec 2013
Completed

About This House

This property is a 135 SqM house with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the Pruksa Ville 57 Pattanakarn project in Suan Luang, Bangkok and was completed in Dec 2013. You can buy this house for a base price of ฿7,000,000 (฿51,852/SqM).

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

Basic Information

Property Type House (Single Detached)
Storeys 2
Location Suan Luang, Bangkok
Bedrooms 3
Nearest Landmark Hua Mak ARL -2.9 Km
Indoor Area 135 SqM
Price per SqM ฿51,852
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 N/A
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
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) City View
Unit Type N/A
Parking Spots 2
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.
฿4,725/mo
Listed By
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Agent / Partner
Date Listed Feb 4, 2023
Last Updated 1 month ago
Unit ID U1373820

Investment Opportunity: Charges & Yield

Sale Price
฿7,000,000
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.
฿4,725/mo
Est. Rent
฿29,600/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.
20
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 3 bedroom houses at Pruksa Ville 57 Pattanakarn, and the current sales price.
5%

Project Details

Developer: Pruksa Real Estate
Construction: Completed (Dec 2013)
Units: 438
Project Area: N/A
Nearest Landmark Hua Mak ARL - 2.9 Km
Location: Suan Luang, Bangkok
Pruksa Ville 57 Pattanakarn Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at Pruksa Ville 57 Pattanakarn

For Sale 3 For Rent 1
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Frequently Asked Questions

All kind of pets are allowed at Pruksa Ville 57 Pattanakarn including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is ฿35 per square meter based on the size of indoor area of the property and is ฿4,725 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.
Hua Mak ARL is the nearest Airport Rail Link Station from Pruksa Ville 57 Pattanakarn and it is 2.9 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 Pruksa Ville 57 Pattanakarn 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

Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Suan Luang

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Pruksa Ville 57 Pattanakarn

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
Suan Luang, Suan Luang, Bangkok
Number of units
179
Sales Prices
฿18.2M - ฿30.1M
▲ 31% overpriced
Monthly Rentals
฿80.9K - ฿152K
Year Built
Apr 2016
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
74
Sales Prices
฿6.88M - ฿8.09M
▼ -16% underpriced
Monthly Rentals
฿35.4K
Year Built
Dec 2018
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
87
Sales Prices
฿18.7M - ฿23.3M
▼ -9% underpriced
Monthly Rentals
N/A
Year Built
Jun 2017
Completion Status
Completed
Project Name
Pruksa Ville 73
Location
Suan Luang, Suan Luang, Bangkok
Number of units
470
Sales Prices
฿4.25M - ฿5.82M
Monthly Rentals
฿27.3K - ฿40.5K
Year Built
Dec 2016
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
178
Sales Prices
฿11.5M
Monthly Rentals
฿38.4K - ฿70.8K
Year Built
Mar 2015
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
112
Sales Prices
฿19.1M
▼ -5% underpriced
Monthly Rentals
N/A
Year Built
Dec 2016
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
146
Sales Prices
฿6.07M - ฿18.2M
▼ -25% underpriced
Monthly Rentals
฿25.3K
Year Built
Dec 1996
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
36
Sales Prices
฿131M - ฿187M
▼ -6% underpriced
Monthly Rentals
฿334K
Year Built
Sep 2018
Completion Status
Completed
Project Name
32 Residence
Location
Suan Luang, Suan Luang, Bangkok
Number of units
9
Sales Prices
฿59.6M - ฿82.7M
Monthly Rentals
N/A
Year Built
Mar 2024
Completion Status
Off Plan
Project Name
Pran Pattanakarn
Location
Suan Luang, Suan Luang, Bangkok
Number of units
5
Sales Prices
฿30.2M - ฿48.4M
▲ 26% overpriced
Monthly Rentals
N/A
Year Built
May 2021
Completion Status
Completed
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