13 Bedroom House for sale at Commercial building at Pantip Plaza

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Thanon Phaya Thai, Ratchathewi,Bangkok
Unit ID: U150813
฿29,000,000 ฿48,000,000 Great Price
13 Bedrooms
13 Bathrooms
500 SqM Indoor Area
5 Storeys
Ready To Move-In

About This House

This property is a 500 SqM house with 13 bedrooms and 13 bathrooms that is available for sale. It is part of the Commercial building at Pantip Plaza project in Thanon Phaya Thai, Bangkok. You can buy this house for a base price of ฿29,000,000 (฿58,000/SqM).

Building for sale near Pantip Plaza

5 storey commercial building with 13 apartment business, Soi Petchburi 15, opposite Pantip Plaza, 250 meters to Soi, near Family Mart

5 storey commercial building, size 31 square wah, divided into 13 rooms with en suite bathroom And 1 ground floor shop

Can improve To open a hotel or hostel to use as a home office Or housing Near the business center, passing through the Pratunam

- 10 minutes away from the "Airport Link" BTS station, Makkasan Station connects to Suvarnabhumi Airport

- Distance to "BTS" Phayathai Station connects to Don Mueang Airport

"The future is away from the MRT project. (Subway) only 10 minutes. Construction preparation project "


Features

BalconyBalcony

Basic Information

Property Type House
Storeys 5
Location Thanon Phaya Thai, Ratchathewi, Bangkok
Bedrooms 13
Nearest Landmark Pratunam Market -0.2 Km
Indoor Area 500 SqM
Price per SqM ฿58,000
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 124 SqM
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 N/A
Construction Ready To Move-In
Furniture
Unfurnished
View(s) Blocked View
Unit Type N/A
Parking Spots N/A
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
Private Owner
Date Listed Jan 7, 2019
Last Updated 2 years ago
Unit ID U150813

Price Analysis

Great Price
Estimated market value ฿50,078,932
Great
฿35,500,000
Good
Fair
Above
฿61,000,000
Current asking Price: ฿29,000,000
This house is ฿21,078,932 BELOW MARKET (-42%) in the Bangkok area. It is analyzed against similar houses 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
฿29,000,000

Project Details

Developer: N/A
Construction: Ready To Move-In
Units: 1
Project Area: N/A
Nearest Landmark Pratunam Market - 0.2 Km
Location: Thanon Phaya Thai, Ratchathewi, Bangkok
Commercial building at Pantip Plaza Project Details

Available Units at Commercial building at Pantip Plaza

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Frequently Asked Questions

Pratunam Market is the nearest Market from Commercial building at Pantip Plaza and it is 0.2 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 Commercial building at Pantip Plaza 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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Bangkok
Thanon Phaya Thai

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Commercial building at Pantip Plaza

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
Thanon Phaya Thai, Ratchathewi, Bangkok
Number of units
552
Sales Prices
฿6.05M - ฿13M
▲ 6.5% overpriced
Monthly Rentals
฿20.2K - ฿45.5K
Year Built
Jun 2017
Completion Status
Completed
Location
Thanon Phaya Thai, Ratchathewi, Bangkok
Number of units
610
Sales Prices
฿11.1M
Monthly Rentals
฿40.4K
Year Built
Dec 1997
Completion Status
Completed
Project Name
The Address Siam
Location
Thanon Phaya Thai, Ratchathewi, Bangkok
Number of units
238
Sales Prices
฿7.58M - ฿7.93M
Monthly Rentals
฿22.2K - ฿40.4K
Year Built
Dec 2007
Completion Status
Completed
Location
Thanon Phaya Thai, Ratchathewi, Bangkok
Number of units
623
Sales Prices
฿4.55M - ฿13.1M
▲ 1.1% overpriced
Monthly Rentals
฿16.2K - ฿40.4K
Year Built
Oct 2017
Completion Status
Completed
Location
Thanon Phaya Thai, Ratchathewi, Bangkok
Number of units
323
Sales Prices
฿5.56M - ฿13.1M
▲ 2.4% overpriced
Monthly Rentals
฿18.2K - ฿50.5K
Year Built
Dec 2014
Completion Status
Completed
Project Name
The Platinum
Location
Thanon Phaya Thai, Ratchathewi, Bangkok
Number of units
319
Sales Prices
฿5.34M
▼ -36% underpriced
Monthly Rentals
฿13.6K - ฿22.2K
Year Built
Dec 2006
Completion Status
Completed
Project Name
Pathumwan Resort
Location
Thanon Phaya Thai, Ratchathewi, Bangkok
Number of units
690
Sales Prices
฿5.42M - ฿7.8M
Monthly Rentals
฿19.2K - ฿35.4K
Year Built
Dec 1997
Completion Status
Completed
Location
Thanon Phaya Thai, Ratchathewi, Bangkok
Number of units
231
Sales Prices
฿7.21M - ฿28.5M
▲ 0.5% overpriced
Monthly Rentals
฿18K - ฿50K
Year Built
Dec 2017
Completion Status
Completed
Location
Thanon Phaya Thai, Ratchathewi, Bangkok
Number of units
581
Sales Prices
฿6.92M - ฿16.7M
▼ -26% underpriced
Monthly Rentals
฿21.2K - ฿70.7K
Year Built
Dec 2006
Completion Status
Completed
Location
Thanon Phaya Thai, Ratchathewi, Bangkok
Number of units
258
Sales Prices
฿6.77M - ฿23.4M
▼ -18.7% underpriced
Monthly Rentals
฿18.2K - ฿49.5K
Year Built
Dec 2017
Completion Status
Completed
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