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    4 Bedroom House for sale at The City Watcharapol
    O Ngoen, Sai Mai,Bangkok
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    Sale Price
    ฿22,000,000
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    4 Bedroom House for sale at The City Watcharapol

     (Write Review)
    O Ngoen, Sai Mai,Bangkok
    Unit ID: U1903075
    8% Rental Yield
    Tenant-Occupied until Aug 1, 2025
    4 Bedrooms
    5 Bathrooms
    351 SqM Indoor Area
    2 Storeys
    Jan 2024 Completed
     (Write Review)
    Sale Price
    ฿22,000,000
    25

    About This House

    This property is a 351 SqM house with 4 bedrooms and 5 bathrooms that is available for sale. It is part of the project in O Ngoen, Bangkok and was completed in Jan 2024. You can buy this house for a base price of ฿22,000,000 (฿62,678/SqM) and it is also available for long term rentals starting from ฿150,000 per month.

    Features

    Private GardenPrivate Garden TerraceTerrace DuplexDuplex BalconyBalcony TVTV

    Basic Information

    Date Listed Jul 30, 2024
    Updated 2 weeks ago
    Property Type House (Single Detached)
    Storeys 2
    Location O Ngoen, Bangkok
    Bedrooms 4
    Nearest Landmark Bhumibol Adulyadej Hospital -4.7 Km
    Indoor Area 351 SqM
    Price per SqM ฿62,678
    Outdoor Area
    This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
    351 SqM
    Plot Size 351 SqM
    Pets Cats and Dogs (small only)
    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 Chanote
    Construction Completed (Jan 2024)
    Furniture
    A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
    Fully Furnished
    View(s) Garden 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
    Electricity Price N/A
    Water Price N/A
    Unit ID U1903075

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿22,000,000
    Rent
    ฿150,000/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.
    12
    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.
    8%

    Project Details

    Project Name: The City Watcharapol
    Developer: AP (Thailand)
    Construction: Completed (Jan 2024)
    Units: 126
    Project Area: N/A
    Nearest Landmark Bhumibol Adulyadej Hospital - 4.7 Km
    Location: O Ngoen, Bangkok
    The City Watcharapol 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
    Co-Working Space / Meeting Room Co-Working Space / Meeting Room
    Indoor Games Room Indoor Games Room

    Available Units at The City Watcharapol

    For Sale 1 For Rent 1
    • All
    • 4 Beds
    Get notified when new homes are being added to The City Watcharapol
    View All (1)

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    Frequently Asked Questions

    Small dogs (weight under 15 kg), cats and small pets like rabbits, hamsters and guinea pigs are allowed at The City Watcharapol.
    Bhumibol Adulyadej Hospital is the nearest Hospital from The City Watcharapol and it is 4.7 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 Watcharapol 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

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    Bangkok
    O Ngoen

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