Pruksa Ville 57 Pattanakarn

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Suan Luang, Suan Luang,Bangkok

Unit ID: U975620
6% Rental Yield
฿6,950,000
Bedroom
3 Bedrooms
Bathroom
2 Bathrooms
Indoor Area
130 SqM Indoor Area
Stairs
2 Storeys
Construction
Dec 2013 Completed

3 Bedroom House for sale at Pruksa Ville 57 Pattanakarn

This property is a 130 SqM house with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the Pruksa Ville 57 Pattanakarn project in Suan Luang, Bangkok and was completed in Dec 2013. You can buy this house for a base price of ฿6,950,000 (฿53,462/SqM).

Features

BalconyBalcony

Basic Information

Property Type House
Storeys 2
Location Suan Luang, Suan Luang, Bangkok
Bedrooms 3
Nearest Landmark Angkarn Kalayanaponge Museum Of Art -2.9 Km
Indoor Area 130 SqM
Price per SqM ฿53,462
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 152 SqM
House Ownership

Foreign nationals can own the building (house) 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 2013)
Furniture
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) City View
Unit Type N/A
Parking Spots N/A
Pool Size N/A
CAM Fee
These common area maintenance (CAM) fees are paid by owners for the upkeep of the common areas of condominiums and housing projects. For new residential developments, it is common to pay up to 1-3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿4,550/mo
Listed By
Each listing provided by partnered agents is individually verified by BangkokPost. Partner Agents work for different brokerages or property management companies but have teamed up with BangkokPost so that we can provide you a wider choice of properties
Agent / Partner
Date Listed Jun 11, 2021
Last Updated 1 month ago
Unit ID U975620

Investment Opportunity: Charges & Yield

Sale Price
฿6,950,000
CAM Fee
These common area maintenance (CAM) fees are paid by owners for the upkeep of the common areas of condominiums and housing projects. For new residential developments, it is common to pay up to 1-3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿4,550/mo
Est. Rent
฿36,700/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.
16
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 houses at Pruksa Ville 57 Pattanakarn, and the current sales price.
6%

Project Details

Developer: Pruksa Real Estate
Construction: Completed (Dec 2013)
Units: 4
Project Area: N/A
Nearest Landmark Angkarn Kalayanaponge Museum Of Art - 2.9 Km
Location: Suan Luang, Suan Luang, Bangkok
Pruksa Ville 57 Pattanakarn Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Loan Calculator

Frequently asked questions

The common area maintenance fee is ฿35 per square meter based on the size of indoor area of the property and is ฿4,550 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.
Angkarn Kalayanaponge Museum Of Art is the nearest Tourist Attraction from Pruksa Ville 57 Pattanakarn and it is 2.9 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 Pruksa Ville 57 Pattanakarn 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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Suan Luang

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