Unit ID: U1367044
6% Rental Yield
Wang Thonglang, Wang Thong Lang,Bangkok
฿14,500,000
3 Bedrooms
4
Bathrooms
330 SqM
Indoor Area
3
Storeys
Nov 2017
Completed

About This Townhouse

This property is a 330 SqM townhouse with 3 bedrooms and 4 bathrooms that is available for sale. It is part of the SPACE Ladprao - Mengjai project in Wang Thonglang, Bangkok and was completed in Nov 2017. You can buy this townhouse for a base price of ฿14,500,000 (฿43,939/SqM) and it is also available for long term rentals starting from ฿70,000 per month.

Townhouse with rooftop terrace next to community garden

SPACE Ladprao - Mengjai
  • 3 bedrooms
  • 4 bathrooms
  • 3.5 floors
  • Large rooftop Deck
  • 330 sqm
  • 24hr security
Features :
  • 7.5 meters front entrance width
  • 7.5 meters
  • High ceiling
  • Mezzanine
  • Double wall for sound proofing
  • Tinted glass windows   Full use of the club house including fitness center, swimming pool and park with kids playgroud  
Close to the following schools:
  • KIS
  • Singapore International School of Bangkok
  • Regents International School
  • Lycee Francais   Centrally Located:
  • Ratchdapisek Rd
  • Pracha uthit Rd. (Mengjai)
  • Pradit manutham Rd.
  • Ramintra (Incl expressways)
  • Ladprao Rd
Floor plan:
  1. Parking, Living Room, Kitchen, Toilet, Terrace, Storage
  2. Mezzanine, storage
  3. 2 Bedrooms, 2 Bathrooms
  4. Master bedroom, Bathroom with Jacuzzi, Balcony
  5. Rooftop terrace

Features

JacuzziJacuzzi Rooftop TerraceRooftop Terrace TerraceTerrace Covered ParkingCovered Parking Corner UnitCorner Unit BalconyBalcony Full Western KitchenFull Western Kitchen MicrowaveMicrowave OvenOven

Basic Information

Date Listed Jan 20, 2023
Updated 11 months ago
Property Type Townhouse
Storeys 3
Location Wang Thonglang, Bangkok
Bedrooms 3
Nearest Landmark Huai Khwang MRT -3.2 Km
Indoor Area 330 SqM
Price per SqM ฿43,939
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
20 SqM
Plot Size 120 SqM
Pets Cats and Dogs (small only)
Townhouse Ownership

Foreign nationals can own the building (townhouse) 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 N/A
Construction Completed (Nov 2017)
Furniture
Unfurnished
View(s) City View, Unblocked Open View, Blocked 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.
฿6,600/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1367044

Investment Opportunity: Charges & Yield

Sale Price
฿14,500,000
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.
฿6,600/mo
Rent
฿70,000/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. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
6%

Project Details

Developer: AEH Company Limited
Construction: Completed (Nov 2017)
Units: 94
Project Area: 17,004 SqM
Nearest Landmark Huai Khwang MRT - 3.2 Km
Location: Wang Thonglang, Bangkok
SPACE Ladprao - Mengjai Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Communal Garden Area Communal Garden Area
Key card access Key card access

Available Units at SPACE Ladprao - Mengjai

For Sale 3 For Rent 2
Get notified when new homes are being added to SPACE Ladprao - Mengjai
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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 SPACE Ladprao - Mengjai .
The common area maintenance fee is ฿55 per square meter based on the plot size of the property and is ฿6,600 for this townhouse. 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 SPACE Ladprao - Mengjai and it is 3.2 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 SPACE Ladprao - Mengjai 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

4.5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Accommodation that combines good functions in one place
Aston D., Canada, 5 years ago
This hometown project has everything that I need, and it also comes with a beautiful design. Plus, the project location is superb as it's close to department stores, flea markets, shops, restaurants, and government buildings. It's also pretty easy to get anywhere since it takes only a few mins to Lat Phrao MRT, and it isn't far from the main road connecting to all destinations. As for the project atmosphere, I would say that it's perfect. The neighbors are friendly and respectful, and the security system is reliable. So, overall, it's suitable for living.
Bangkok
Wang Thonglang

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby SPACE Ladprao - Mengjai

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Year Built
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Number of units
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Location
Wang Thonglang, Wang Thong Lang, Bangkok
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Location
Wang Thonglang, Wang Thong Lang, Bangkok
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Wang Thonglang, Wang Thong Lang, Bangkok
Number of units
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฿85M
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Wang Thonglang, Wang Thong Lang, Bangkok
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Location
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