5 Bedroom House for sale at The City Pattanakarn

4.5 (1 Review)
Prawet, Prawet,Bangkok
Unit ID: U1014392
฿23,000,000 Great Price
5 Bedrooms
6 Bathrooms
418 SqM Indoor Area
2 Storeys
Dec 2019 Completed

About This House

This property is a 418 SqM house with 5 bedrooms and 6 bathrooms that is available for sale. It is part of the The City Pattanakarn project in Prawet, Bangkok and was completed in Dec 2019. You can buy this house for a base price of ฿23,000,000 (฿55,024/SqM).

Features

Full Western KitchenFull Western Kitchen

Basic Information

Property Type House
Storeys 2
Location Prawet, Prawet, Bangkok
Bedrooms 5
Nearest Landmark Ban Thap Chang ARL -3.6 Km
Indoor Area 418 SqM
Price per SqM ฿55,024
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 404 SqM
House Ownership

Foreign nationals can own the building (house) 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
Land Title Deed N/A
Construction Completed (Dec 2019)
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) N/A
Unit Type N/A
Parking Spots 2
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.
฿3,636/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 12, 2021
Last Updated 1 year ago
Unit ID U1014392

Price Analysis

Great Price
Estimated market value ฿43,680,036
Great
฿39,500,000
Good
Fair
Above
฿44,300,000
Current asking Price: ฿23,000,000
This house is ฿20,680,036 BELOW MARKET (-47%) 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.
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Investment Opportunity: Charges & Yield

Sale Price
฿23,000,000
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.
฿3,636/mo

Project Details

Project Name: The City Pattanakarn
Developer: N/A
Construction: Completed (Dec 2019)
Units: 145
Project Area: N/A
Nearest Landmark Ban Thap Chang ARL - 3.6 Km
Location: Prawet, Prawet, Bangkok
The City 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

Available Units at The City Pattanakarn

Loan Calculator

Frequently Asked Questions

All kind of pets are allowed at The City Pattanakarn including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is ฿9 per square meter based on the plot size of the property and is ฿3,636 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 Airport Rail Link Station from The City Pattanakarn and it is 3.6 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 City 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

4.5 out of 5 4.5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Truly residential for a family!
4.5 Zaitsev Z., Russia, 2 years ago
The house I bought was a large detached house with 4 bedrooms, 3 bathrooms. I decided to buy a big house because I wanted to be with my parents. This project is located on Pattanakarn Road, which is relatively peaceful, not crowded, and provides high privacy. Besides, it offers a private and relaxing atmosphere, as well as a large clubhouse as well. I can confidently say that it is a worthwhile decision because the project offers full facilities. There is a swimming pool, living room, fitness center, and a large communal garden with an excellent security system and CCTV at the entrance and exit, as well as crucial spots in the project. Personally, although the project is not in the center of the city, I still feel it is convenient. In this neighborhood, there are also Lotus market, MaxValu-Phatthanakan, and other shopping malls. Overall, my family and I are very impressed here.
Bangkok
Prawet

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The City Pattanakarn

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Location
Prawet, Prawet, Bangkok
Number of units
276
Sales Prices
฿18.7M - ฿30M
Monthly Rentals
฿85.7K - ฿121K
Year Built
Jan 2019
Completion Status
Completed
Location
Prawet, Prawet, Bangkok
Number of units
162
Sales Prices
฿22.7M - ฿65.6M
▲ 22% overpriced
Monthly Rentals
฿303K
Year Built
Dec 2018
Completion Status
Completed
Location
Prawet, Prawet, Bangkok
Number of units
68
Sales Prices
฿25.2M
▲ 31% overpriced
Monthly Rentals
N/A
Year Built
Nov 2006
Completion Status
Completed
Project Name
Upper Onnut
Location
Prawet, Prawet, Bangkok
Number of units
6
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฿6.96M - ฿7.97M
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Monthly Rentals
฿35.3K
Year Built
Dec 2018
Completion Status
Completed
Location
Prawet, Prawet, Bangkok
Number of units
145
Sales Prices
฿5.21M
▲ 7% overpriced
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N/A
Year Built
Dec 2013
Completion Status
Completed
Location
Prawet, Prawet, Bangkok
Number of units
120
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฿3.33M
Monthly Rentals
฿11.1K
Year Built
Jan 2010
Completion Status
Completed
Location
Prawet, Prawet, Bangkok
Number of units
104
Sales Prices
฿13.6M
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N/A
Year Built
Dec 2016
Completion Status
Completed
Location
Prawet, Prawet, Bangkok
Number of units
14
Sales Prices
฿4.64M
Monthly Rentals
N/A
Year Built
Jan 2020
Completion Status
Completed
Location
Prawet, Prawet, Bangkok
Number of units
170
Sales Prices
฿4.02M - ฿4.94M
Monthly Rentals
N/A
Year Built
Jan 2019
Completion Status
Completed
Location
Prawet, Prawet, Bangkok
Number of units
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Sales Prices
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▼ -28% underpriced
Monthly Rentals
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Year Built
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Completion Status
Completed
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