Setthasiri Pattanakarn

4.1 (5 Reviews)

Prawet, Prawet,Bangkok

Unit ID: U1013142
7% Rental Yield
฿13,100,000
Bedroom
4 Bedrooms
Bathroom
3 Bathrooms
Indoor Area
194 SqM Indoor Area
Construction
Jan 2019 Completed

4 Bedroom House for sale at Setthasiri Pattanakarn

This property is a 194 SqM house with 4 bedrooms and 3 bathrooms that is available for sale. It is part of the Setthasiri Pattanakarn project in Prawet, Bangkok and was completed in Jan 2019. You can buy this house for a base price of ฿13,100,000 (฿67,526/SqM).

Features

Corner UnitCorner Unit BalconyBalcony

Basic Information

Property Type House
Storeys N/A
Location Prawet, Prawet, Bangkok
Bedrooms 4
Nearest Landmark Ban Thap Chang ARL -3.2 Km
Indoor Area 194 SqM
Price per SqM ฿67,526
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 64 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 (Jan 2019)
Furniture
Unfurnished
View(s) N/A
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.
฿8,730/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 Jul 5, 2021
Last Updated 2 months ago
Unit ID U1013142

Investment Opportunity: Charges & Yield

Sale Price
฿13,100,000
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.
฿8,730/mo
Est. Rent
฿72,000/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.
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 4 bedroom houses at Setthasiri Pattanakarn, and the current sales price.
7%

Project Details

Project Name: Setthasiri Pattanakarn
Developer: Sansiri
Construction: Completed (Jan 2019)
Units: 276
Project Area: 136,000 SqM
Nearest Landmark Ban Thap Chang ARL - 3.2 Km
Location: Prawet, Prawet, Bangkok
Setthasiri 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)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Steam Room Steam Room

Available Units at Setthasiri Pattanakarn

For Sale 3 For Rent 2
Get notified when new homes are being added to Setthasiri Pattanakarn

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Frequently asked questions

All kind of pets are allowed at Setthasiri Pattanakarn including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is ฿45 per square meter based on the size of indoor area of the property and is ฿8,730 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.
Ban Thap Chang ARL is the nearest ARL from Setthasiri Pattanakarn and it is 3.2 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 Setthasiri 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

4.1 out of 5 4.1
Based on
5 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Detached house near Sirat Expressway and On Nut BTS Station
5 Sean Boyland, Mexico, 1 year ago
I bought this house at the beginning of this year. It is a detached house with 3 bedrooms and 3 bathrooms. The living area is very usable and spacious. There is beautifully decorated furniture. Besides, the kitchen, living room, and multi-purpose room are large, available for holding activities or parties. I bought this house because I want all my family members to spend their time comfortably and easier. It is accessible walking to the office and school, more convenient for my family, and a lot of time for relaxation. Also, we have more time to spend with my family as well. This project is very safe as a security guard is doing his excellent responsibility. Moreover, the on-site comprises modern facilities, whether a communal pool, a communal gym, public park, etc. In general, It matches and is worth it!
The project near Suvarnabhumi Airport
4.3 Constance Enright, United Kingdom, 2 years ago
I saw a new phase opening in the project, which is actually located in a good location. It is close to Suvarnabhumi International Airport, expressways, and connected with many routes. Besides, it is close to the Mega Bangna department store. The houses in the new phase are emphasizing a new style of Modern-Classic design. It is perfectly combined between modern and classic styles. I have been a customer of Sansiri for a long time. Therefore I'm quite confident about the project. There is a full range of facilities and suitable for the residents' needs. There is a clubhouse with a large swimming pool, and the highlight is a garden that can grow organic vegetables that the residents can bring to the family. The communal area is also huge, as this can be seen from the tunnel covered by trees at the project's entrance. Moreover, home automation is also applied in this project, which controls every electrical system via a mobile phone, including the air conditioner. Furthermore, there is a digital door lock system, CCTV, alarm system to the residents, and these energy-saving system innovations make the house cool.
Quality houses located, ideal for living.
3.8 Darathorn L., Thailand, 2 years ago
I trust the Setthasiri Pattanakarn project is a quality project in Sansiri Group. There are no problems at all. The house itself is of strong quality, which is already decorated very well. The house area is spacious and feels not uncomfortable. The furniture inside the house is modern and suitable for all genders and ages. Besides, the Setthasiri Pattanakarn project is in a potential location. The neighbor is cute, friendly, and close to many amenities such as Hua Mak ARL station and Suvarnabhumi Airport. Furthermore, it is close to the popular markets in Bangkok. It is considered good and complete, suitable for a living!
The new project near Suan Luang Rama IX
3.2 Ming Lefebre, Brazil, 3 years ago
Although the house is located in the city, the atmosphere is good because it is shady and many trees are surrounded. It is not far from Suan Luang Rama IX, providing high security. Moreover, there is a shuttle bus in the project as well. Besides, the project offers a quality grade of furniture, suitable for a family home. The neighborhood is surrounded by residential areas, so it's quiet and very private. Traveling to different places may have to spare some time because sometimes it is very traffic-jammed !!
Modern classic housing
4.2 Vernice Glymph, United States, 4 years ago
Modern classic 2-story housing project offers a spacious living space, 4 house types available ranging from 3-5 bedrooms. The house has installed modern functions to make life easier. The furniture and decoration is high quality and durable. The common area has many amenities. The clubhouse includes a swimming pool, salt system, steam room, multipurpose room, park, fitness room, overlooking the shady garden. A 24-hour security system is strict with key card access and CCTV.

Bangkok

Prawet

Neighborhood Overview

Location and Neighborhood

Street View

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