Unit ID: U1367404
9% Rental Yield
Hua Mak, Bang Kapi,Bangkok
฿7,950,000
3 Bedrooms
3
Bathrooms
175 SqM
Indoor Area
3
Storeys
Dec 2016
Completed

About This Townhouse

This property is a 175 SqM townhouse with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the The Preston Townhome Rama9-Krungthepkreetha project in Hua Mak, Bangkok and was completed in Dec 2016. You can buy this townhouse for a base price of ฿7,950,000 (฿45,429/SqM).

Features

TerraceTerrace Covered ParkingCovered Parking Corner UnitCorner Unit BalconyBalcony

Basic Information

Date Listed Jan 12, 2023
Updated 1 year ago
Property Type Townhouse
Storeys 3
Location Hua Mak, Bangkok
Bedrooms 3
Nearest Landmark Hua Mak ARL -2.1 Km
Indoor Area 175 SqM
Price per SqM ฿45,429
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 92 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.

N/A
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 2016)
Furniture
Unfurnished
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.
฿100/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1367404

Investment Opportunity: Charges & Yield

Sale Price
฿7,950,000
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.
฿100/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.
11
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 townhouses at The Preston Townhome Rama9-Krungthepkreetha, and the current sales price.
9%

Project Details

Developer: N/A
Construction: Completed (Dec 2016)
Units: 58
Project Area: N/A
Nearest Landmark Hua Mak ARL - 2.1 Km
Location: Hua Mak, Bangkok
The Preston Townhome Rama9-Krungthepkreetha Project Details

Project Features

Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Communal Garden Area Communal Garden Area
Key card access Key card access

Available Units at The Preston Townhome Rama9-Krungthepkreetha

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Frequently Asked Questions

All kind of pets are allowed at The Preston Townhome Rama9-Krungthepkreetha including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Hua Mak ARL is the nearest Airport Rail Link Station from The Preston Townhome Rama9-Krungthepkreetha and it is 2.1 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 The Preston Townhome Rama9-Krungthepkreetha 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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Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Preston Townhome Rama9-Krungthepkreetha

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
Hua Mak, Bang Kapi, Bangkok
Number of units
6
Sales Prices
฿19.5M - ฿22.5M
Monthly Rentals
N/A
Year Built
Jul 2022
Completion Status
Completed
Location
Hua Mak, Bang Kapi, Bangkok
Number of units
557
Sales Prices
฿8.5M - ฿22.9M
Monthly Rentals
฿40K - ฿180K
Year Built
Jun 2014
Completion Status
Completed
Location
Hua Mak, Bang Kapi, Bangkok
Number of units
205
Sales Prices
฿8.9M
Monthly Rentals
฿18K - ฿25K
Year Built
Dec 2013
Completion Status
Completed
Location
Hua Mak, Bang Kapi, Bangkok
Number of units
90
Sales Prices
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Monthly Rentals
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Year Built
Dec 2010
Completion Status
Completed
Location
Hua Mak, Bang Kapi, Bangkok
Number of units
120
Sales Prices
฿4.05M - ฿4.85M
▲ 19% overpriced
Monthly Rentals
฿26K - ฿37K
Year Built
Nov 2013
Completion Status
Completed
Project Name
Town Plus Huamark
Location
Hua Mak, Bang Kapi, Bangkok
Number of units
116
Sales Prices
฿4.4M - ฿4.95M
Monthly Rentals
N/A
Year Built
Dec 2015
Completion Status
Completed
Location
Hua Mak, Bang Kapi, Bangkok
Number of units
223
Sales Prices
฿9.99M - ฿22.8M
▼ -2% underpriced
Monthly Rentals
฿40K
Year Built
Jan 2016
Completion Status
Completed
Location
Hua Mak, Bang Kapi, Bangkok
Number of units
276
Sales Prices
฿20.2M - ฿44.4M
Monthly Rentals
฿120K - ฿250K
Year Built
Jun 2022
Completion Status
Completed
Location
Hua Mak, Bang Kapi, Bangkok
Number of units
36
Sales Prices
฿56.7M
▲ 2.5% overpriced
Monthly Rentals
N/A
Year Built
Dec 2021
Completion Status
Completed
Project Name
Sammakon Village
Location
Hua Mak, Bang Kapi, Bangkok
Number of units
1000
Sales Prices
฿15.9M - ฿20M
▼ -44% underpriced
Monthly Rentals
฿18K - ฿60K
Year Built
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Completion Status
Completed
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