4 Bedroom House for sale at Nantawan Rama 9-Onnut

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Prawet, Prawet,Bangkok
Unit ID: U1044816
3% Rental Yield
฿19,900,000
4 Bedrooms
4 Bathrooms
250 SqM Indoor Area
2 Storeys
Nov 2006 Completed

About This House

This property is a 250 SqM house with 4 bedrooms and 4 bathrooms that is available for sale. It is part of the Nantawan Rama 9-Onnut project in Prawet, Bangkok and was completed in Nov 2006. You can buy this house for a base price of ฿19,900,000 (฿79,600/SqM) and it is also available for long term rentals starting from ฿50,000 per month.

Features

BalconyBalcony

Basic Information

Property Type House (Single Detached)
Storeys 2
Location Prawet, Prawet, Bangkok
Bedrooms 4
Nearest Landmark Ban Thap Chang ARL -2.2 Km
Indoor Area 250 SqM
Price per SqM ฿79,600
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 476 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 (Nov 2006)
Furniture
Built-ins are any items that do not leave the property but remain a part of the permanent structure of a home. This includes any type of permanent appliances, cabinetry, furniture that’s built into the home, such as shelving or benches, and other attached items.
Built In
View(s) City 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
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 Nov 25, 2021
Last Updated 2 months ago
Unit ID U1044816

Price Analysis

Above Average
Estimated market value ฿15,507,873
Great
฿9,050,000
Good
Fair
Above
฿22,700,000
Current asking Price: ฿19,900,000 | Advertised rental rate: ฿50,000/mo
This house is ฿4,392,127 ABOVE MARKET (28%) 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.
Powered by FazWaz AVM

Investment Opportunity: Charges & Yield

Sale Price
฿19,900,000
Rent
฿50,000/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.
33
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
3%

Project Details

Project Name: Nantawan Rama 9-Onnut
Developer: Land and Houses
Construction: Completed (Nov 2006)
Units: 300
Project Area: N/A
Nearest Landmark Ban Thap Chang ARL - 2.2 Km
Location: Prawet, Prawet, Bangkok
Nantawan Rama 9-Onnut Project Details

Project Features

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

Available Units at Nantawan Rama 9-Onnut

For Sale 2 For Rent 2
Get notified when new homes are being added to Nantawan Rama 9-Onnut

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Frequently Asked Questions

All kind of pets are allowed at Nantawan Rama 9-Onnut including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Ban Thap Chang ARL is the nearest Airport Rail Link Station from Nantawan Rama 9-Onnut and it is 2.2 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 Nantawan Rama 9-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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Bangkok
Prawet

Neighborhood Overview

Location and Neighborhood

Street View

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