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    5 Bedroom House for sale at Narasiri Pattanakarn-Srinakarin
    Suan Luang, Suan Luang,Bangkok
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    Sale Price
    ฿47,300,000
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    5 Bedroom House for sale at Narasiri Pattanakarn-Srinakarin

    (1 Review)
    Suan Luang, Suan Luang,Bangkok
    Unit ID: U1418748
    5% Rental Yield
    Tenant-Occupied until Aug 1, 2025
    5 Bedrooms
    4 Bathrooms
    500 SqM Indoor Area
    2 Storeys
    Feb 2005 Completed
    (1 Review)
    Sale Price
    ฿47,300,000
    11

    About This House

    This property is a 500 SqM house with 5 bedrooms and 4 bathrooms that is available for sale. It is part of the project in Suan Luang, Bangkok and was completed in Feb 2005. You can buy this house for a base price of ฿47,300,000 (฿94,600/SqM) and it is also available for long term rentals starting from ฿180,000 per month.

    Features

    TerraceTerrace Covered ParkingCovered Parking Corner UnitCorner Unit Maids QuartersMaids Quarters BalconyBalcony BathtubBathtub

    Basic Information

    Date Listed Jun 2, 2023
    Updated 3 months ago
    Property Type House (Single Detached)
    Storeys 2
    Location Suan Luang, Bangkok
    Bedrooms 5
    Nearest Landmark Hua Mak ARL -1.4 Km
    Indoor Area 500 SqM
    Price per SqM ฿94,600
    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 480 SqM
    Pets All Kind of Pets Allowed
    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 (Feb 2005)
    Furniture
    Unfurnished
    View(s) Garden View
    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.
    N/A
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1418748

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿47,300,000
    Rent
    ฿180,000/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.
    22
    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.
    5%

    Project Details

    Project Name: Narasiri Pattanakarn-Srinakarin
    Developer: Sansiri
    Construction: Completed (Feb 2005)
    Units: 177
    Project Area: 145,600 SqM
    Nearest Landmark Hua Mak ARL - 1.4 Km
    Location: Suan Luang, Bangkok
    Narasiri Pattanakarn-Srinakarin Project Details

    Project Features

    Communal Pool Communal Pool
    Communal Gym Communal Gym
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)

    Available Units at Narasiri Pattanakarn-Srinakarin

    For Sale 5 For Rent 11
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    • 4 Beds
    • 5 Beds
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    Frequently Asked Questions

    All kind of pets are allowed at Narasiri Pattanakarn-Srinakarin including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    Hua Mak ARL is the nearest Airport Rail Link Station from Narasiri Pattanakarn-Srinakarin and it is 1.4 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 Narasiri Pattanakarn-Srinakarin 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

    Reviews

    3.5 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    A luxury house in the suburb with a good atmosphere
    Gabriel Saiz, United States, 14 years ago
    I work as an engineer in a large company in Bangkok. I dreamed of buying a big house for my family and saved money to buy a resale house, but the price is secretly high as well. However, I decided to buy 2 bedrooms, 4 bathrooms, and a spacious living area house for my family, which is able to plant trees around the house. The house has been completed for many years, but the house's owner has taken good care and maintenance. It has been renovated and repainted regularly. Also, there is a security guard 24 hours a day. The facilities also provide a complete range of facilities, whether a communal pool, gardens, and children's playground. My family and I often go for a walk in the village regularly on holidays, but I don't often go there because many people use the pool on weekends and holidays.
    Bangkok
    Suan Luang

    Neighborhood Overview

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