Unit ID: U160127
6% Rental Yield
Prawet, Prawet,Bangkok
฿7,900,000 Great Price
4 Bedrooms
4
Bathrooms
330 SqM
Indoor Area
4
Storeys
Dec 2018
Completed

About This Townhouse

This property is a 330 SqM townhouse with 4 bedrooms and 4 bathrooms that is available for sale. It is part of the Upper Onnut project in Prawet, Bangkok and was completed in Dec 2018. You can buy this townhouse for a base price of ฿7,900,000 (฿23,939/SqM).

Features

Media Room/CinemaMedia Room/Cinema Covered ParkingCovered Parking Maids QuartersMaids Quarters BalconyBalcony

Basic Information

Date Listed Oct 9, 2019
Updated 4 years ago
Property Type Townhouse
Storeys 4
Location Prawet, Bangkok
Bedrooms 4
Nearest Landmark Hua Mak ARL -3.5 Km
Indoor Area 330 SqM
Price per SqM ฿23,939
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
N/A
Plot Size 120 SqM
Pets Not Allowed
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.

Thai Ownership
Land Title Deed N/A
Construction Completed (Dec 2018)
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) Park View, City View, Garden View, Blocked View
Unit Type N/A
Parking Spots 4
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
Each listing provided by partnered agents is individually verified by SamuiTimes. Partner Agents work for different brokerages or property management companies but have teamed up with SamuiTimes so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U160127

Price Analysis

Great Price
Estimated market value ฿12,010,477
Great
฿8,910,000
Good
Fair
Above
฿17,600,000
Current asking Price: ฿7,900,000 | Rental estimate: ฿37,400/mo
This townhouse is ฿4,110,477 BELOW MARKET (-34%) in the Bangkok area. It is analyzed against similar townhouses and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
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Investment Opportunity: Charges & Yield

Sale Price
฿7,900,000
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.
18
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 townhouses at Upper Onnut, and the current sales price.
6%

Project Details

Project Name: Upper Onnut
Developer: N/A
Construction: Completed (Dec 2018)
Units: 6
Project Area: N/A
Nearest Landmark Hua Mak ARL - 3.5 Km
Location: Prawet, Bangkok
Upper Onnut Project Details

Project Features

Car Parking Car Parking

Available Units at Upper Onnut

For Sale 2 For Rent 1
Get notified when new homes are being added to Upper Onnut
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Loan Calculator

Frequently Asked Questions

All kind of pets are allowed at Upper Onnut including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Hua Mak ARL is the nearest Airport Rail Link Station from Upper Onnut and it is 3.5 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 Upper Onnut 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
We have viewed the unit of this project.
Gina Witoonsakda, Thailand, 5 years ago
We have viewed the unit of this project. Even though the project area is not large, it has a reliable security system. The townhome design is done quite well. The design is luxurious and is very convenient. It is a 4-storey townhome with 4 bedrooms, a spacious living area with more than 4 parking spaces, suitable for an office or a business or renting out that would probably be profitable because the location is close to many important places such as Suvarnabhumi Airport, Seacon Square, Rod Fai Night Market, Suan Luang, International Schools, and many others.
Bangkok
Prawet

Neighborhood Overview

Location and Neighborhood

Street View

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฿18.8M - ฿65M
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Location
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