The Palm Pattanakarn

4.83 (1 Review)

Suan Luang, Suan Luang,Bangkok

Unit ID: U634026
7% Rental Yield
฿16,900,000
Bedroom
3 Bedrooms
Bathroom
4 Bathrooms
Indoor Area
242 SqM Indoor Area
Stairs
2 Storeys
Construction
Apr 2016 Completed

3 Bedroom House for sale at The Palm Pattanakarn

This property is a 242 SqM house with 3 bedrooms and 4 bathrooms that is available for sale. It is part of the The Palm Pattanakarn project in Suan Luang, Bangkok and was completed in Apr 2016. You can buy this house for a base price of ฿16,900,000 (฿69,835/SqM).

House For Sale The Palm Pattanakarn

The Palm village close to Pattanakarn. Easy access to Thonglor. swimming pool, gym, function room, park, playground. Brand new - no one lived in before. Using Area 242 sq.m. 3 Bedrooms ( can do 5 rooms ), 4 Bathrooms, 1 Living room, 1 Multi-purpose room. Dining area including food preparation zone, kitchen and laundry area. En-suit house maid room, balcony and 2 parking lots. price: 16.9 MB

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

Basic Information

Property Type House (Single Detached)
Storeys 2
Location Suan Luang, Suan Luang, Bangkok
Bedrooms 3
Nearest Landmark Hua Mak ARL -2.6 Km
Indoor Area 242 SqM
Price per SqM ฿69,835
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 288 SqM
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
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 (Apr 2016)
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) 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.
฿2,420/mo
Listed By
Private Owner
Date Listed Sep 29, 2020
Last Updated 1 year ago
Unit ID U634026

Investment Opportunity: Charges & Yield

Sale Price
฿16,900,000
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.
฿2,420/mo
Est. Rent
฿92,700/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.
15
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 The Palm Pattanakarn, and the current sales price.
7%

Project Details

Project Name: The Palm Pattanakarn
Developer: Pruksa Real Estate
Construction: Completed (Apr 2016)
Units: 179
Project Area: 98,800 SqM
Nearest Landmark Hua Mak ARL - 2.6 Km
Location: Suan Luang, Suan Luang, Bangkok
The Palm Pattanakarn Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Communal Garden Area Communal Garden Area

Available Units at The Palm Pattanakarn

For Sale 5 For Rent 2

Loan Calculator

Frequently asked questions

All kind of pets are allowed at The Palm Pattanakarn including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is ฿10 per square meter based on the size of indoor area of the property and is ฿2,420 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.
For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At The Palm Pattanakarn the required payment for the sinking fund is ฿87 per square meter based on the size of the indoor area of the property.
Hua Mak ARL is the nearest ARL from The Palm Pattanakarn and it is 2.6 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 Palm 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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Reviews

4.8 out of 5 4.83
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Luxury house, near the city center.
4.8 Naratat Jitpakdee, Thailand, 3 years ago
This house is a modern style house. The size of the house is large, with 3 bedrooms, 4 bathrooms, and a garage space that can park up to 2 cars. The house layout is well divided into different areas, decorated with furniture and highly premium materials, while the outside area has a garden for planting trees, and for pets to run and play. The most impressive thing is that there is a large club house, a fitness center with a lot of exercise equipment, a large garden and security for 24 hours. The project is near Bangkok Hospital, Ramkhamhaeng Demonstration School, and close to The Mall Bangkapi as well. If you are looking for a big house with easy travelling, this is the answer!

Bangkok

Suan Luang

Neighborhood Overview

Location and Neighborhood

Street View

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