Unit ID: U1146626
5% Rental Yield
Bang Chak, Phra Khanong,Bangkok
฿45,000,000
4 Bedrooms
4
Bathrooms
448 SqM
Indoor Area
3
Storeys
Jan 2021
Completed

About This House

This property is a 448 SqM house with 4 bedrooms and 4 bathrooms that is available for sale. It is part of the The Gentry Sukhumvit project in Bang Chak, Bangkok and was completed in Jan 2021. You can buy this house for a base price of ฿45,000,000 (฿100,446/SqM).

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Maids QuartersMaids Quarters BalconyBalcony BathtubBathtub TVTV

Basic Information

Date Listed Sep 5, 2022
Updated 1 year ago
Property Type House (Single Detached)
Storeys 3
Location Bang Chak, Bangkok
Bedrooms 4
Nearest Landmark Punnawithi BTS -1.5 Km
Indoor Area 448 SqM
Price per SqM ฿100,446
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 272 SqM
Pets All Kind of Pets Allowed
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.

Company
Land Title Deed Chanote
Construction Completed (Jan 2021)
Furniture
A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
Fully Furnished
View(s) Garden 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.
฿5,440/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1146626

Investment Opportunity: Charges & Yield

Sale Price
฿45,000,000
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.
฿5,440/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.
19
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 4 bedroom houses at The Gentry Sukhumvit, and the current sales price.
5%

Project Details

Project Name: The Gentry Sukhumvit
Construction: Completed (Dec 2020)
Units: 57
Project Area: 25,812 SqM
Nearest Landmark Punnawithi BTS - 1.5 Km
Location: Bang Chak, Bangkok
The Gentry Sukhumvit Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Shuttle Bus Shuttle Bus

Popular Facilities at The Gentry Sukhumvit

  • Clubhouse
    Ground Floor
  • Communal Pool
    1st Floor

Available Units at The Gentry Sukhumvit

For Sale 2 For Rent 1
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Frequently Asked Questions

All kind of pets are allowed at The Gentry Sukhumvit including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is ฿20 per square meter based on the plot size of the property and is ฿5,440 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.
Punnawithi BTS is the nearest BTS Station from The Gentry Sukhumvit and it is 1.5 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 Sukhumvit 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
฿1,000,000
2nd Installment
Upon contract signing
20%
3rd 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

5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A luxurious detached house in the heart of Sukhumvit neighborhood
Sam R., United States, 7 years ago
This project is located in the heart of the Sukhumvit area near the expressway entry point, the Punnawithi BTS station, many leading department stores, and leading hospitals in the neighborhood. The design of a 3-story house is impressively modern, and well-divided into a good proportion. As for the common areas, there are many services available. Plus, an underground power system makes the project's overall picture and atmosphere even more beautiful. If you want to buy a house in this area, I recommend this project.
Bangkok
Bang Chak

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Gentry Sukhumvit

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Completed
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