Issara Residence Rama 9

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Bang Kapi, Huai Khwang,Bangkok

Unit ID: U647134
฿132,000,000
Bedroom
5 Bedrooms
Bathroom
5 Bathrooms
Indoor Area
726 SqM Indoor Area
Stairs
3 Storeys
Construction
Oct 2021 Off Plan

5 Bedroom Villa for sale at Issara Residence Rama 9

This property is a 726 SqM villa with 5 bedrooms and 5 bathrooms that is available for sale. It is part of the Issara Residence Rama 9 project in Bang Kapi, Bangkok and it is scheduled for completion in Oct 2021. You can buy this villa for a base price of ฿132,000,000 (฿181,818/SqM).

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

Basic Information

Property Type Villa
Storeys 3
Location Bang Kapi, Huai Khwang, Bangkok
Bedrooms 5
Nearest Landmark Ramkhamhaeng ARL -2.1 Km
Indoor Area 726 SqM
Price per SqM ฿181,818
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 508 SqM
Villa Ownership

Foreign nationals can own the building (villa) 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.

Thai Ownership, Company
Land Title Deed N/A
Construction Off Plan (Oct 2021)
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) Pool View, Garden View
Unit Type Type B - Brayden
Parking Spots 5
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.
฿96,520/mo
Listed By
Developer
Date Listed Dec 16, 2020
Last Updated 9 months ago
Unit ID U647134

Investment Opportunity: Charges & Yield

Sale Price
฿132,000,000
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.
฿96,520/mo

Project Details

Project Name: Issara Residence Rama 9
Construction: Off Plan (Oct 2021)
Units: 20
Project Area: 15,340 SqM
Nearest Landmark Ramkhamhaeng ARL - 2.1 Km
Location: Bang Kapi, Huai Khwang, Bangkok
Issara Residence Rama 9 Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
Steam Room Steam Room
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Communal Garden Area Communal Garden Area

Popular Facilities at Issara Residence Rama 9

  • Communal Gym
    1st Floor
  • Communal Pool
    2nd Floor
  • Communal Garden Area
    Ground Floor

Available Units at Issara Residence Rama 9

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Frequently asked questions

Dogs, cats and small pets like rabbits, hamsters and guinea pigs are allowed at Issara Residence Rama 9.
The common area maintenance fee is ฿190 per square meter based on the plot size of the property and is ฿96,520 for this villa. 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 Issara Residence Rama 9 the required payment for the sinking fund is ฿3,000 per square meter based on the size of the plot size of the property.
Ramkhamhaeng ARL is the nearest ARL from Issara Residence Rama 9 and it is 2.1 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

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.

#1 - 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. 

#2 - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)

#3 - Is there a succession clause in the lease agreement that will allow inheritance of the lease?

 

Read more here

After you have found the right property at Issara Residence Rama 9 you have to follow these steps:

 

  • Unit selection and agreement of terms and conditions 

  • Reservation Agreement

  • Reservation Deposit 

  • Sales and Purchase Agreement

  • 1st Contract Payment 

  • Payment Installments

  • Snag List

  • Transfer

 


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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