Unit ID: U1113840
4% Rental Yield
Bang Talat, Pak Kret,Nonthaburi
฿85,000,000
4 Bedrooms
4
Bathrooms
800 SqM
Indoor Area
2
Storeys
Feb 2010
Completed

About This House

This property is a 800 SqM house with 4 bedrooms and 4 bathrooms that is available for sale. It is part of the Nichada Park project in Bang Talat, Nonthaburi and was completed in Feb 2010. You can buy this house for a base price of ฿85,000,000 (฿106,250/SqM) and it is also available for long term rentals starting from ฿285,000 per month.

Features

Private PoolPrivate Pool Private GardenPrivate Garden Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed Jun 28, 2022
Updated 1 year ago
Property Type House
Storeys 2
Location Bang Talat, Nonthaburi
Bedrooms 4
Nearest Landmark Nonthaburi Civic Center MRT -6.2 Km
Indoor Area 800 SqM
Price per SqM ฿106,250
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 1,704 SqM
Pets 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.

Thai Ownership
Land Title Deed Chanote
Construction Completed (Feb 2010)
Furniture
Unfurnished
View(s) Pool View, Garden 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.
฿5,500/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1113840

Investment Opportunity: Charges & Yield

Sale Price
฿85,000,000
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.
฿5,500/mo
Rent
฿285,000/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.
25
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.
4%

Project Details

Project Name: Nichada Park
Construction: Completed (Feb 2010)
Units: 76
Project Area: N/A
Nearest Landmark Nonthaburi Civic Center MRT - 6.2 Km
Location: Bang Talat, Nonthaburi
Nichada Park Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at Nichada Park

For Sale 2 For Rent 1
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Frequently Asked Questions

The common area maintenance fee for properties at Nichada Park is a fixed amount of ฿5,500. This amount 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.
Nonthaburi Civic Center MRT is the nearest MRT Station from Nichada Park and it is 6.2 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 Nichada Park 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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Nonthaburi
Bang Talat

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Nichada Park

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
Project Name
Nichada Thani
Location
Bang Talat, Pak Kret, Nonthaburi
Number of units
1000
Sales Prices
฿7.2M - ฿45.9M
▼ -3% underpriced
Monthly Rentals
฿40K - ฿200K
Year Built
Nov 2009
Completion Status
Completed
Location
Bang Talat, Pak Kret, Nonthaburi
Number of units
N/A
Sales Prices
฿18.8M
Monthly Rentals
N/A
Year Built
May 2007
Completion Status
Completed
Location
Bang Talat, Pak Kret, Nonthaburi
Number of units
92
Sales Prices
฿5.8M
▼ -14% underpriced
Monthly Rentals
฿30K - ฿35K
Year Built
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Completion Status
Completed
Location
Bang Talat, Pak Kret, Nonthaburi
Number of units
120
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฿4.2M
Monthly Rentals
฿12.6K - ฿15K
Year Built
Jan 2013
Completion Status
Completed
Location
Bang Talat, Pak Kret, Nonthaburi
Number of units
N/A
Sales Prices
฿14.9M - ฿32M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Location
Bang Talat, Pak Kret, Nonthaburi
Number of units
294
Sales Prices
฿2.58M
Monthly Rentals
฿8K
Year Built
Dec 2016
Completion Status
Completed
Location
Bang Talat, Pak Kret, Nonthaburi
Number of units
62
Sales Prices
฿3.6M - ฿3.9M
Monthly Rentals
N/A
Year Built
Jan 2011
Completion Status
Completed
Location
Tha Sai, Pak Kret, Nonthaburi
Number of units
899
Sales Prices
฿900K - ฿1.6M
Monthly Rentals
฿6K - ฿7.5K
Year Built
Apr 2016
Completion Status
Completed
Location
Bang Talat, Pak Kret, Nonthaburi
Number of units
100
Sales Prices
฿5.2M
▼ -5% underpriced
Monthly Rentals
N/A
Year Built
Jan 2011
Completion Status
Completed
Project Name
Sarawan Ville
Location
Bang Talat, Pak Kret, Nonthaburi
Number of units
250
Sales Prices
฿5.99M
Monthly Rentals
฿26K
Year Built
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Completion Status
Completed
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