Unit ID: U641154
6% Rental Yield
Phlapphla, Wang Thong Lang,Bangkok
฿29,900,000 Great Price
3 Bedrooms
4
Bathrooms
372 SqM
Indoor Area
3
Storeys
Jan 2019
Completed

About This House

This property is a 372 SqM house with 3 bedrooms and 4 bathrooms that is available for sale. It is part of the The Gentry Ekamai - Ladprao project in Phlapphla, Bangkok and was completed in Jan 2019. You can buy this house for a base price of ฿29,900,000 (฿80,376/SqM).

Making a Distinguished Mark in Phlapphla: Esteemed 3BR 372SqM Residence

Nestled in the vibrant heart of Phlapphla, Bangkok is this distinguished residence exuding an immaculate stature. Part of the esteemed 'The Gentry Ekamai - Ladprao' project, this illustrious property spans 372 SqM and offers 3 generously proportioned bedrooms and 4 luxuriously appointed bathrooms. This exquisite abode is compromised of the finest quality and craftsmanship from a range of exquisite materials. Displaying a subtle yet substantial presence, the property is truly a credit to the local area. Strewn throughout this abode, the eye for detail and the unique touches of design bring an array of life to the spaces. Coherently sewn into the building is a wide selection of energy efficient appliances, crafted with a modern flair. You'll also find that many of the luxuriously appointed bathrooms have timeless fixtures included, designed to offer an air of sophistication whilst still showcasing the highest of standards. Offering enough room to make yourself truly comfortable in its confines, this property has the perfect balance of tranquility and grace. Uniting tasteful aesthetics and the prime of modernity, you'll be hard-pressed to find a residence which better presents such an advantage. This illustrious residence is available for sale for a base price of ฿29,900,000 (฿80,376/SqM). If you're looking for a distinguished property in the heart of Phlapphla, Bangkok, one that celebrates democracy, beauty, and its sheer stature, then you simply couldn't ask for more. Do not hesitate to inquire about this property and make the most of the opportunity which presents itself.

Features

TerraceTerrace Covered ParkingCovered Parking Maids QuartersMaids Quarters BalconyBalcony

Basic Information

Date Listed Nov 17, 2020
Updated N/A
Property Type House
Storeys 3
Location Wang Thong Lang, Bangkok
Bedrooms 3
Nearest Landmark Huai Khwang MRT -3.9 Km
Indoor Area 372 SqM
Price per SqM ฿80,376
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 251.60 SqM
House Ownership

Foreign nationals can own the building (house) in their own name but not the land that it stands on.

Foreign Ownership, Thai Ownership, 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.

Thai Ownership, Company
Land Title Deed N/A
Construction Completed (Jan 2019)
Furniture
Unfurnished
View(s) Garden View
Unit Type New Brooklyn
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.
฿8,806/mo
Listed By
Developer
Unit ID U641154

Price Analysis

Great Price
Estimated market value ฿33,811,170
Great
฿22,700,000
Good
Fair
Above
฿42,400,000
Current asking Price: ฿29,900,000 | Rental estimate: ฿146,000/mo
This house is ฿3,911,170 BELOW MARKET (-12%) in the Bangkok area. It is analyzed against similar houses and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
Powered by FazWaz AVM

Investment Opportunity: Charges & Yield

Sale Price
฿29,900,000
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.
฿8,806/mo
Est. Rent
฿146,000/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.
17
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 The Gentry Ekamai - Ladprao, and the current sales price.
6%

Project Details

Construction: Completed (Jan 2019)
Units: 16
Project Area: 6,646 SqM
Nearest Landmark Huai Khwang MRT - 3.9 Km
Location: Wang Thong Lang, Bangkok
The Gentry Ekamai - Ladprao Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Communal Garden Area Communal Garden Area

Available Units at The Gentry Ekamai - Ladprao

For Sale 3 For Rent 1
Get notified when new homes are being added to The Gentry Ekamai - Ladprao

Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
500,000%
1st Installment
Within 7 days after contact signing
20%
2nd Installment
On handover
80%

Frequently Asked Questions

Dogs, cats and small pets like rabbits, hamsters and guinea pigs are allowed at The Gentry Ekamai - Ladprao.
The common area maintenance fee is ฿35 per square meter based on the plot size of the property and is ฿8,806 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.
Huai Khwang MRT is the nearest MRT Station from The Gentry Ekamai - Ladprao and it is 3.9 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 The Gentry Ekamai - Ladprao you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

Installment Milestone Payment
Reservation Deposit
Immediately
500,000%
1st Installment
Within 7 days after contact signing
20%
2nd Installment
On handover
80%

 

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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Reviews

4.7 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
I was right about choosing to buy this house
Mana T., Thailand, 3 years ago
I was right about choosing to buy this house because this house is suitable for everyone in my family, of all ages. My house is Hudson type, consisting of 5 bedrooms and 7 bathrooms. The decoration is modern and elegant. As for the living room, the high ceiling gives it an open and airy look. What is especially special is that the house comes with a private elevator, which is not worried for every family with elderly persons. As for the facilities in the project, it is considered usual not to provide anything special. There is no clubhouse or gym, but I understand because everything is ready in the house. I think it's okay in terms of location, close to the entrance to the Ramindra-At Narong Expressway, easy to get everywhere. There is the Central Festival EastVille department store in the surrounding village, where you don't need to drive when you want to go shopping. Overall, I am delighted with this place.
Bangkok
Phlapphla

Neighborhood Overview

Location and Neighborhood

Street View

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