Unit ID: U1139984
5% Rental Yield
Tenant-Occupied until Feb 28, 2025
Suan Luang, Suan Luang,Bangkok
฿12,000,000
3 Bedrooms
4
Bathrooms
180 SqM
Indoor Area
3
Storeys
Aug 2010
Completed

About This Townhouse

This property is a 180 SqM townhouse with 3 bedrooms and 4 bathrooms that is available for sale. It is part of the Baan Suan Rimnam project in Suan Luang, Bangkok and was completed in Aug 2010. You can buy this townhouse for a base price of ฿12,000,000 (฿66,667/SqM) and it is also available for long term rentals starting from ฿45,000 per month.

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony MicrowaveMicrowave

Basic Information

Date Listed Aug 15, 2022
Updated 2 months ago
Property Type Townhouse
Storeys 3
Location Suan Luang, Bangkok
Bedrooms 3
Nearest Landmark On Nut BTS -1.7 Km
Indoor Area 180 SqM
Price per SqM ฿66,667
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 148 SqM
Pets All Kind of Pets Allowed
Townhouse Ownership

Foreign nationals can own the building (townhouse) 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.

Thai Ownership
Land Title Deed Chanote
Construction Completed (Aug 2010)
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) River or Canal View, Unblocked Open 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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1139984

Investment Opportunity: Charges & Yield

Sale Price
฿12,000,000
Rent
฿45,000/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.
22
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.
5%

Project Details

Project Name: Baan Suan Rimnam
Developer: N/A
Construction: Completed (Aug 2010)
Units: 10
Project Area: N/A
Nearest Landmark On Nut BTS - 1.7 Km
Location: Suan Luang, Bangkok
Baan Suan Rimnam Project Details

Project Features

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

Available Units at Baan Suan Rimnam

For Sale 1 For Rent 1
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Frequently Asked Questions

All kind of pets are allowed at Baan Suan Rimnam including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
On Nut BTS is the nearest BTS Station from Baan Suan Rimnam and it is 1.7 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 Baan Suan Rimnam 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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Reviews

5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The townhome project is ready-to-move-in.
John S., United States, 6 years ago
The townhome project is peaceful and safe. It has a good atmosphere next to the Phra Khanong Canal, suitable for people who like to work from home. I recommend this project to anyone looking for a home office. The building would be more engaging if you got an exterior redesign from an architect. My client bought it and turned it into a home office with a spacious living area. This 2-story townhome with 3 bedrooms and 4 bathrooms can be modified in many ways. Although the project has been completed for years, the developer takes care of the building very well, making it look nice, and in terms of safety, there is a security system for residents to feel at ease. Moreover, the project is located in a great location surrounded by convenient facilities such as Big C On Nut and Tesco Lotus On Nut. The project is conveniently accessible by car and public transportation like BTS On Nut, which is only 15 minutes away.
Bangkok
Suan Luang

Neighborhood Overview

Location and Neighborhood

Street View

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