Upper Onnut

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Prawet, Prawet,Bangkok

Unit ID: U572536
7% Rental Yield
฿6,900,000 Great Price
Bedroom
4 Bedrooms
Bathroom
4 Bathrooms
Indoor Area
330 SqM Indoor Area
Stairs
4 Storeys
Construction
Jan 2019 Completed

4 Bedroom Townhouse for sale at Upper Onnut

This property is a 330 SqM townhouse with 4 bedrooms and 4 bathrooms that is available for sale. It is part of the Upper Onnut project in Prawet, Bangkok and was completed in Jan 2019. You can buy this townhouse for a base price of ฿6,900,000 (฿20,909/SqM) and it is also available for long term rentals starting from ฿39,000 per month.

Features

Covered ParkingCovered Parking BalconyBalcony

Basic Information

Property Type Townhouse
Storeys 4
Location Prawet, Prawet, Bangkok
Bedrooms 4
Nearest Landmark Hua Mak ARL -3.5 Km
Indoor Area 330 SqM
Price per SqM ฿20,909
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 120 SqM
Townhouse Ownership

Foreign nationals can own the building (townhouse) 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, Leasehold
Land Title Deed N/A
Construction Completed (Jan 2019)
Furniture
Specific items of furniture can be requested in the sale, or buyers can offer to purchase some or all of it. When negotiating a deal, either party can suggest that such items be included in the sale price.
Negotiable
View(s) City View
Unit Type N/A
Parking Spots 4
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 May 12, 2020
Last Updated 1 year ago
Unit ID U572536

Price Analysis

Great Price
Estimated market value ฿11,015,577
Great
฿7,450,000
Good
Fair
Above
฿9,080,000
Current asking Price: ฿6,900,000 | Advertised rental rate: ฿39,000/mo
This townhouse is ฿4,115,577 BELOW MARKET (-37%) in the Bangkok area. It is analyzed against similar townhouses 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
฿6,900,000
Rent
฿39,000/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. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
7%

Project Details

Project Name: Upper Onnut
Developer: N/A
Construction: Completed (Dec 2017)
Units: 15
Project Area: N/A
Nearest Landmark Hua Mak ARL - 3.5 Km
Location: Prawet, Prawet, Bangkok
Upper Onnut Project Details

Project Features

Car Parking Car Parking

Available Units at Upper Onnut

For Sale 2 For Rent 1
Get notified when new homes are being added to Upper Onnut

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Frequently asked questions

Hua Mak ARL is the nearest ARL from Upper Onnut and it is 3.5 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 Upper 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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Prawet

Neighborhood Overview

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